I don't feel completely comfortable running a client that's got open access to the net when I cannot be sure of exactly what information that client is sending. And I noticed the there's a new firefox 7 & chrome addon that you can keep your wallet in.
But I am wondering how does it do this?
1. Does it run a btc client program on my computer (in the background)?
or 2. does it use the blockexplore service to run the client and just keep my wallet up to date for me? Thus using little to no resources on my computer... etc.
3. What exactly does this app do?
Anyhow, below is the info that's listed on the firefox site about the addon. Please tell me your thoughts on this. Thanks!
About this Add-on
My Wallet is a free online bitcoin wallet which you can use to make worldwide payments for free. We make paying with bitcoins easy and secure available anywhere on your phone or desktop. Please create a free wallet at https://blockchain.info/wallet/new
This is a fully packaged app so it is no longer necessary to download any javascript from our servers. The result is a client which has all of the benefits of a web wallet service but requires very little trust to be placed in any 3rd party.
Client Side Encryption - All wallets are encrypted client side using javascript providing protection from server side hacking.
Free - No additional transaction fees. A bitcoin network fee may apply, but is optional.
Open Source - All code related to the wallet service is open source.
Currency Conversion - Live Market Prices in 22 currencies.
Offline Interface - Using html5 offline storage wallets can be viewed offline.You can find it here:
https://addons.mozilla.org/en-US/firefox/addon/my-wallet/
