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Author Topic: Can standalone program securely store its own bitcoin?  (Read 950 times)
williamevanl (OP)
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August 24, 2014, 04:56:31 AM
 #1

I've been thinking about autonomous applications recently and I'm wondering is it possible for a standalone application to be able to store a private address and send from it without exposing it in any way?

Thanks,
-Will 
itsAj
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August 24, 2014, 05:18:42 PM
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Are you talking about person A creating a program and putting their own BTC on it, then giving the program to person B who does not own the BTC for the program to only spend the funds under certain circumstances?

If this is what you are asking about then I would say almost certainly no. It would be too easy to make a copy of the program and attempt to reverse engineer it on a computer that is not connected to the internet, or on a computer that appears to be connected to the internet/bitcoin network but really is not.
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August 24, 2014, 10:34:31 PM
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Bitcoins are calculated based on blockchain transaction data. Your wallet stores addresses, nothing more. The blockchain stores only transaction data.

Due to an article that BitcoinTalk didn't like that I wrote on CCN, my account is banned. Theymos refuses to reply to my request for hearing his side of the story instead of banning my account. Please sign my petition to get Theymos to unban my account. Thank you.
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