You know what's faster than those steps? Trying to send 0.0000001 BTC to it and see if it works, lol.
Not really, because the client would take those steps before attempting to create the transaction. |
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Since this thread has already suffered the dark arts of necromancy...
Has there been any consideration of transferring ownership of the Bitcoin trademark(s) to the Bitcoin Foundation?
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Armory is not an option because having to keep a local copy of the blockchain is a deal breaker for hazek. He's willing to trust his entire savings to third parties (electrum, blockchain.info) and on an online machine. I give up on him, he can do whatever he wants.
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If you're not prepared to hear unwanted answers, you shouldn't ask questions. A few people have already answered with possible attack vectors for your setup, but apparently you don't want to hear it.
All I was saying is that I would not be comfortable storing a significant number of bitcoins with your setup. I prefer to have complete control over my stored coins, something your setup cannot provide.
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I would store no more than the number of bitcoins I was willing to lose in that setup. Mainly because you are utterly relying on a third party (blockchain.info), but also because of what flipperfish said.
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The app could by default exclaim in surprise if the jar is empty, so that the performer puts a penny in it before passing it around the crowd so that the next tipper after the thief will notice the theft.
-MarkM-
The thief could also put a penny in the fraudulent jar... |
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What if part of the mini wallet container contained a public key, with which all added private keys were added? This way, only the intended recipient could retreive the funds, though others could still destroy them
I also wonder about using a branch of a heirarchal deterministic wallet for normal Bitcoin payments. The tipper would read the most recent public key from the tag, generate the next one in the sequence, send Bitcoins, and then either append that address to the list, or just replace the previous one.
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I received issues 2 and 3 yesterday
Minor nitpick: I think it was supposed to be a shark and bear in the car on issue three, but that's most definitely a gorilla, not a bear...
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No generally that would be stupid. Pirate would also need to spend lawyers fees potentially tens of thousands of dollars in lawyers fees to defend against multiple lawsuits. So rather than pay "X" to the people suing he would not pay them, spend $10,000 potentially lose the suit, pay X, plus any other fees and penalties the court throws at him for being a world class scumbag. People who are sane settle up with those filing a suit first. What are the people not suing going to do? Sue? Pay = Nothing to sue about. Don't pay = could cost you thousands extra.  Then again Mr. Trevors is just scamming lowlife garbage. Anyone who had a legal counsel would have been advised to not say anything. Not a single word. It would be his lawyer who made the statement. Generally that is what lawyers do. You can also bet his lawyer wouldn't be stupid enough to document attempted extortion and fraudulent conveyance against the creditors that he admits owning funds. Mr. Trevors has legal counsel like I have Satoshi's private keys. Funny how desperate people fall all over themselves to connect the dots in the most implausible way possible to show themselves "it could be true". October will come and go. Then there will be another excuse. Maybe he blames it on the lawsuits. One of the people suing got a court order freezing the bank account so he can't pay until he can fight that and get it lifted. Oct into Dec. One of his investors got cold feet because of all the suits. Dec into Feb. Next September some on the forum will still be holding out hope that "soon" they will get paid. I don't normally say this, but, er... this. |
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I had the same thought yesterday and honestly i would not doubt it. If you need to test the units anyways, why not make some $?
I thought I had read that they would take a bitcoin address (or pool credentials) from customers and use that for mining. |
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Since I've been using Armory, I can't imagine using Bitcoin without it.
Same. I love it so much. It's even running on my RPi |
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- can I import the watch only wallet into blockchain.info wallet and generate new addresses there or does it have to be the satoshi client? No, it has to be the Armory client. - can I send from those addresses without having to download the blockchain - I don't want the blockchain on my laptop at any point if at all possible?
Armory requires a copy of the Satoshi client running in order to connect to the network and keep the block chain up to date. I thought your requirement was that you didn't want to have to download the block chain twice, once for your main operating system and once for the secure storage. With Armory, you still need to download it once. |
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These are my conditions:
-I want it in a digital form, preferably on an encrypted USB stick
check
-I want to be able to use it with my primary and only laptop (needing to reboot my laptop is fine)
check
-I want to be able to at least send myself an email with an address where to send the coins to and be safe doing so or use some other way of copy/paste
even better, see below
-I want to spend from my savings wallet without having to download the blockchain
check
Does having a liveCD linux on a USB with armory meet all these conditions?
Here's what you do. Download the Ubuntu LiveCD and put it on a USB drive using Unetbootin. Don't forget to allow for space to preserve files across reboots. Boot onto your USB drive and install Armory. Now, disable all network connections inside the operating system. Start up Armory in offline mode (it will prompt you since it won't detect Bitcoin running), and create a new wallet. Go to the wallet properties, and create a watching only copy. Save this to your USB drive (not the mounted file system). Make a paper backup if you want. Now, boot back into your main operating system. Get Bitcoin running and up to date with the block chain. Start up Armory, and import the watching only wallet. With this, you can generate addresses, see incoming payments, and create spending transactions, but you cannot sign them. In order to sign them, you'll have to follow the Offline Transactions prompt, transfer the generated file to your USB drive, boot to USB, sign the transaction, boot back to your main OS, and broadcast the transaction. |
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1AvxDf5WPWvrUgLsPLpb6a8mYsPXNYxNMr
Hit me up whenever you get around to me.
Sent! txid: 9e04ed9c6d278a143a41794d8536e9441c9cebe493b79d478042b2dfc31fe268 |
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your online webserver will maintain the audio connection with the "offline" wallet
Maybe if you're running your web server out of your basement or your own data center. I really don't see a hosted solution of reasonable cost offering this feature at all. I still don't see how user-specified transport medium is an inferior solution. It would be easier for you to add to Armory, and allow for more flexibility for users. If someone wants a super secure audio connection, they could do that. If someone wants a perhaps equally secure serial or firewalled VPN connection, they could do that. |
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Am I a full member yet?
I am! I'll participate!
1Mn7mjk69WJY85Ukwd4sFSRMALokoni13L
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The display can be implemented easily in the client and you get an appreciation of the value by selling the attention of all bitcoin enthusiasts :-) Until someone forks the client and removes those ads... |
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NOTE: I haven't tested the script, so it probably has a few bugs in it. I will test and update when I get home. Though, if you are feeling adventurous, you are welcome to try it out for me  I will edit this post when I iron it out. I was actually teaching myself Python last night while hacking pieces of your code together for this purpose, but mine was ten times longer. I made a few modifications to your script, I've tested it and it works. The new readWallet was so the wallet could be read from an open file, but isn't necessary (I just liked the type=argparse.FileType construct). The changes to pprint are so that a wallet can optionally be passed in to the method, and addresses in the wallet will be marked. https://gist.github.com/3709993 |
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Quick question... once a transaction is completed, are there any records stored? I'm wondering what information would leak in case of a successful hack or law enforcement subpoena.
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The downside, is that if the user's online computer is their primary computer, they will be inconvenienced by having to swap their speakers around all the time. On the other hand, they can always get an extender, and keep both ends on their desktop, and just lean over and switch them when needed.
Recommendations welcome!
Another downside... not all devices that could serve as offline wallets have sound cards with line-in ports. Case in point, the Raspberry Pi. |
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