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Author Topic: How secure is BKChain.org wallet?  (Read 823 times)
tyz (OP)
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June 22, 2015, 06:17:59 PM
 #1

i am using bkchain.org wallet for litecoin and peercoin storage since a couple of days. The service is great but i am wondering how secure the wallet and the technology behind the service is?
What do you think?
bathrobehero
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June 22, 2015, 06:20:17 PM
 #2

I personally wouldn't trust any web wallet with significant amount of money worth of coins long term.

Not your keys, not your coins!
tyz (OP)
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June 22, 2015, 06:34:04 PM
 #3

Agree. Usually, i don't trust online wallets too. When i got the technology right, the wallet is 100% client-side and the private keys never leave your browser. But how secure is the mechanism?

I personally wouldn't trust any web wallet with significant amount of money worth of coins long term.
twister
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June 22, 2015, 07:31:33 PM
 #4

This is the claim they seem to make:

Quote
Secure & Private

100% client-side wallet.

Private keys never leave your browser.

No data is stored on server.

But one can never be sure of these things, no web wallet can be fully trusted.

 

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bathrobehero
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June 22, 2015, 07:58:14 PM
 #5

This is the claim they seem to make:

Quote
Secure & Private

100% client-side wallet.

Private keys never leave your browser.

No data is stored on server.

But one can never be sure of these things, no web wallet can be fully trusted.


Malicious wallets can grab browser data even if you run it in a sandbox if the browser's user data folder is not set to be restricted. Phone 2FA for exchanges help with that but a browser alone - to me at least - is not convincing to trust it with significant amounts. I'm not trying to take away anything from them but just because the private key doesn't leave your computer doesn't mean there aren't other critical points that can be compromised.

I only trust MultiBit. It doesn't have autoupdate feature so it can't go rogue with a pushed update but a website can always change.

And as I was trying to check the site I've got "Backend server connection error".

Not your keys, not your coins!
trinaldao
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June 23, 2015, 02:45:04 AM
 #6

i am using bkchain.org wallet for litecoin and peercoin storage since a couple of days. The service is great but i am wondering how secure the wallet and the technology behind the service is?
What do you think?

im not sure that web is secure i see this message in front page
Backend server connection error

INVALID BBCODE: close of unopened tag in table (1)
Tina1736
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June 23, 2015, 08:50:13 AM
 #7

I will not use this wallet
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