BlockTrail.com Wallet - What do you think about it ?

[OmegaStarScream]

So I want to see how the Bitcoin community feel about BlockTrail new online wallet for those who tested it , for those he didn't .. they should test it and give us their experience with it  and here is mine :
I personally found the design pretty good however for what comes to the features it's too basic and any wallet have that . there is basically Receiving and Sending and transactions and that's it . nothing like Two factor authentification via SMS and email or something like that .
there is also no ability to Sign messages using your adresses which I really wanted to see for the first time on a online wallet , and they claim that there is full control of our control while there isn't even the ability to export the private keys or something ... so honestly I'am dissapointed little bit .

All I stated is from the web wallet so I'am not sure how the Android & iOS wallet looks like

[1713563498]

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[1713563498]

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[Mayer Amschel]

Hey, i downloaded it too.

They have just released the wallet therefore i expect some further updates in the coming weeks.

For a freshly released wallet i enjoy how they include whats most important, such as: Wallet Recovery Data Sheet and PIN.

I have the Android version, it is very fast with sending and receiving. I also enjoy how you can build a sort of profile for your account (i.e. pictures and sync contacts)

To conclude i transfered all my funds to this wallet as i prefer this one over their competition.

[wpstudio]

I actually like it.  Nice that BlockTrail has their own explorer (which seems to be more reliable than blockchain.info).  Not that I need another "wallet" but its a solid solution.

[rememberme]

I also got the IOS version. I enjoy the user-friendly feel to it, which i think is great for mass adoption. I already told my friends and family and they are all using it, simple steps to a secure and reliable wallet.

[jdebunt]

I'm liking it so far, but I'm not that a demanding person either

Will play around with it a bit over the weekend

[Cxinbolen]

I don't see any reason for us to migrate to new wallets; the older online wallets are serving us just fine. No need to take the risk, IMHO.

[lorylore]

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

[Mayer Amschel]

I don't see any reason for us to migrate to new wallets; the older online wallets are serving us just fine. No need to take the risk, IMHO.

What risk?

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

"Additionally the Blocktrail wallet is a multi-signature 2of3 wallet, 1 is your primary master key, 1 is your backup key and the 3rd is the blocktrail server key." - Blocktrail Member.

[ranochigo]

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

Blocktrail uses 2 of 3 multisig method. They control one of the key while you control two of the key. Limits can be set and it would be impossible to bypass that limit without the 2 of your keys. I don't know the technical details about signing a multisig address but it would undoubtedly be harder than standard 1 address used by coinbase.

[Mayer Amschel]

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

Blocktrail uses 2 of 3 multisig method. They control one of the key while you control two of the key. Limits can be set and it would be impossible to bypass that limit without the 2 of your keys. I don't know the technical details about signing a multisig address but it would undoubtedly be harder than standard 1 address used by coinbase.

You just said it yourself, we have 2 of the keys. Therefore having the overhand and the control of your BTC.

[OmegaStarScream]

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

Blocktrail uses 2 of 3 multisig method. They control one of the key while you control two of the key. Limits can be set and it would be impossible to bypass that limit without the 2 of your keys. I don't know the technical details about signing a multisig address but it would undoubtedly be harder than standard 1 address used by coinbase.

You just said it yourself, we have 2 of the keys. Therefore having the overhand and the control of your BTC.

But I don't understand how we are supposed to recover our wallets if BlockTrail goes down for any reason without the need of programming language knowledge ? since If I understood right they are asking on the PDF file to use their SDK .

[Mayer Amschel]

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

Blocktrail uses 2 of 3 multisig method. They control one of the key while you control two of the key. Limits can be set and it would be impossible to bypass that limit without the 2 of your keys. I don't know the technical details about signing a multisig address but it would undoubtedly be harder than standard 1 address used by coinbase.

You just said it yourself, we have 2 of the keys. Therefore having the overhand and the control of your BTC.

But I don't understand how we are supposed to recover our wallets if BlockTrail goes down for any reason without the need of programming language knowledge ? since If I understood right they are asking on the PDF file to use their SDK .

Retrieve private keys on another wallet. Simple.

[OmegaStarScream]

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

Blocktrail uses 2 of 3 multisig method. They control one of the key while you control two of the key. Limits can be set and it would be impossible to bypass that limit without the 2 of your keys. I don't know the technical details about signing a multisig address but it would undoubtedly be harder than standard 1 address used by coinbase.

You just said it yourself, we have 2 of the keys. Therefore having the overhand and the control of your BTC.

But I don't understand how we are supposed to recover our wallets if BlockTrail goes down for any reason without the need of programming language knowledge ? since If I understood right they are asking on the PDF file to use their SDK .

Retrieve private keys on another wallet. Simple.

I'am missing something here ? How I'am supposed to do that if they don't allow exporting private keys , it's multi signature wallet

[Mayer Amschel]

You have two of the keys, therefore, access to your BTC 

[IIIIIHIIIII]

Android app features :

Code:

- 2-of-3 Multisig technology so you always remain in control of your coins
- HD wallet technology allowing you to create an unlimited number of addresses
- Send and Receive bitcoin easily with contacts on your phone
- Live update for new transactions and your balance
- View your full transaction history with the price at the time of the transaction
- Personalise your account so your friends can quickly identify you
- QR code scanning with bitcoin URI support
- Send requests via email and SMS
- PIN protection
- Anonymous accounts, for your privacy
- Transactions signed locally on your device
- Backup document incase the worst happens
- Local currency display using live price updates

Not sure if i will ever use it though.

[OmegaStarScream]

You have two of the keys, therefore, access to your BTC 

I know but they don't give you that aswell lol , Only adresses are generated and nothing else . there is no way to get the private keys

[favdesu]

I really like their design and setup, however, ninkip2p offers a better way to create your wallet and, more importantly, to resurrect it.

for now, I'll stick with ninki, but I keep an eye on blocktrail

[neutraLTC]

You have two of the keys, therefore, access to your BTC  

I know but they don't give you that aswell lol , Only adresses are generated and nothing else . there is no way to get the private keys

Currently, the way to do this is using a PHP script that's available as part of our SDK for developers: https://github.com/blocktrail/blocktrail-sdk-php/blob/master/examples/wallet_recovery_example.php

The way the wallet has been built it shouldn't require more than a few days to also release a desktop version (the hardest part will be packaging so it can be installed easily etc). That desktop version will contain an easy way to use your backup sheet to get your bitcoins out of the wallet (we'll probably code in insight and another alternative API for it).

I also assume in case of major problems with Blocktrail that there will be some developer in the community who would create a small website that can help ppl get their BTC out, so far the community has proven itself rather helpful when others are in dire straits.

[lorylore]

Since there is no private key I wouldn't move to blocktrail, i see that their overall platform is great.
When blockchain is down i check there the transaction if confirmed or not etc..
If you haven't seen online to sign a message then you can do through coinbase.

Blocktrail uses 2 of 3 multisig method. They control one of the key while you control two of the key. Limits can be set and it would be impossible to bypass that limit without the 2 of your keys. I don't know the technical details about signing a multisig address but it would undoubtedly be harder than standard 1 address used by coinbase.

We know how easy is just 1 address in coinbase, to sign a message there is simply.
But we should analyze the worst case what if their website goes down.
Is there any way to recover and get back our btc? Yes or No?

[OmegaStarScream]

You have two of the keys, therefore, access to your BTC  

I know but they don't give you that aswell lol , Only adresses are generated and nothing else . there is no way to get the private keys

Currently, the way to do this is using a PHP script that's available as part of our SDK for developers: https://github.com/blocktrail/blocktrail-sdk-php/blob/master/examples/wallet_recovery_example.php

The way the wallet has been built it shouldn't require more than a few days to also release a desktop version (the hardest part will be packaging so it can be installed easily etc). That desktop version will contain an easy way to use your backup sheet to get your bitcoins out of the wallet (we'll probably code in insight and another alternative API for it).

I also assume in case of major problems with Blocktrail that there will be some developer in the community who would create a small website that can help ppl get their BTC out, so far the community has proven itself rather helpful when others are in dire straits.

Oh it dosen't sounds so hard I assume even if I don't have any programming knowledge on PHP . too bad .NET is not that much worked on and updated .. it's 10 months old otherwise I would work on it .