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Author Topic: Instawallet questions, concerns, fees, transfer times, background, mixing(?)  (Read 1292 times)
manicminer
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January 16, 2013, 11:33:22 AM
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First of all, what is Instawallet's background, who backs it, financially? I understand that it is related to Bitcoin Central, Paymium, Paytunia and Instawire. But it has a different guarantee than govt. regulated Bitcoin Central, namely, no guarantee.

I don't understand the fees: from Instawallet to Instawallet is it free? And instant, too, regardless of payment size? Can I set my fees and delivery times for outgoing payments? Case A: I want fast transfer, I pay a fee. Case B: time doesn't matter, I want to avoid fees.

I read that transferring Bitcoins through numerous Instawallets doesn't add to your privacy, is it the same as transferring from one Instawallet to a second one but to no more? Any sort of "mixing," happening, so that the coins got obscured and cannot be traced back to me?
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manicminer
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January 19, 2013, 06:28:01 AM
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Bump?
twolifeinexile
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January 28, 2013, 03:48:08 PM
 #3

Bump?

Bitcoin-central bought the small company, they probably havn't figure out how to deal with it yet. (generate revenue) So it is free now (to still attracting user base)
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January 31, 2013, 05:53:16 PM
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From my understanding all the InstaWallets share the same bitcoind wallet, meaning that it naturally provides some mixing (although not guaranteed).

If you require (vs desire) privacy then one of the mixing services might be better for you.

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February 06, 2013, 09:56:33 PM
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Bitcoin-central bought the small company, they probably havn't figure out how to deal with it yet. (generate revenue) So it is free now (to still attracting user base)
It has lots of value in terms of traffic and positive image. You'd be surprised at how traffic we get on our other services coming from Instawallet by just putting four little links on the bottom of the page.

From my understanding all the InstaWallets share the same bitcoind wallet, meaning that it naturally provides some mixing (although not guaranteed).

If you require (vs desire) privacy then one of the mixing services might be better for you.
You nailed it.
Instawallet does not provide absolute taint removal.
It however provides more plausible deniability than any paranoid Bitcoiner could ever need IMO.


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February 06, 2013, 10:31:56 PM
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Bitcoin-central bought the small company, they probably havn't figure out how to deal with it yet. (generate revenue) So it is free now (to still attracting user base)
It has lots of value in terms of traffic and positive image. You'd be surprised at how traffic we get on our other services coming from Instawallet by just putting four little links on the bottom of the page.

From my understanding all the InstaWallets share the same bitcoind wallet, meaning that it naturally provides some mixing (although not guaranteed).

If you require (vs desire) privacy then one of the mixing services might be better for you.
You nailed it.
Instawallet does not provide absolute taint removal.
It however provides more plausible deniability than any paranoid Bitcoiner could ever need IMO.

Quote
Instawallet
https://instawallet.org/
A description for this result is not available because of this site's robots.txt learn more.

If traffic's at all a concern maybe should fix that.

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February 06, 2013, 10:41:30 PM
 #7

Quote
Instawallet
https://instawallet.org/
A description for this result is not available because of this site's robots.txt learn more.

If traffic's at all a concern maybe should fix that.
It is probably that way because every time you goto the home page you get a new wallet.  If they didn't tell the site to not be crawled then everytime bing/google/whoever visited the site then you would get a ton of needless new wallets.

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February 07, 2013, 11:04:13 AM
 #8

Quote
Instawallet
https://instawallet.org/
A description for this result is not available because of this site's robots.txt learn more.

If traffic's at all a concern maybe should fix that.
It is probably that way because every time you goto the home page you get a new wallet.  If they didn't tell the site to not be crawled then everytime bing/google/whoever visited the site then you would get a ton of needless new wallets.

I understand that, but it doesn't have to work that way does it?

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February 07, 2013, 11:26:13 AM
 #9

I understand that, but it doesn't have to work that way does it?
I'm not sure of what you mean.
If it doesn't work that way it's hardly Instawallet anymore, is it ?

Theoretically I could test for every possible crawler and serve a search-engine specific page, put I don't like the idea of having some sort of massive "if search_engine" clause before serving each request. And in addition to not liking it, working on Instawallet's SEO is probably at the same priority level as fixing Bitcoinica's leaked source on my TODO.

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February 07, 2013, 04:21:08 PM
 #10

[points] working on Instawallet's SEO is probably at the same priority level as fixing Bitcoinica's leaked source on my TODO.

Ahaha would that include fixing RoR too?

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