AndLTC-Wallet v1.1(Android LTC Wallet backend by Insta Wallet) | PlayStore

[jasinlee]

Self promoting shill that you are, I will now seek out the app you are promoting and give you bad ratings just because you are being a douche.

[wtogami]

You made a bad guess.  I haven't even used that other app yet.  It will have performance problems until the network has upgraded to Litecoin-0.8 because 0.6.3 lacks Bloom filtering.  Plus, how the heck would I be "shilling" for the other wallet?  There is no profit to be made for anyone.  This is all Open Source.

Seriously, read the InstaWallet thread to see why this particular wallet approach is quite bad.  They're shutting it down and it is not coming back in its current form because it is impossible to operate in a secure way.

https://bitcointalk.org/index.php?topic=164143.msg1732097#msg1732097
http://notice.instawallet.org/

INSTAWALLET SERVICE NOTICE

The Instawallet service is suspended indefinitely until we are able to develop an alternative architecture.

Our database was fraudulently accessed, due to the very nature of Instawallet it is impossible to reopen the service as-is.

In the next few days we are going to open the claim process for Instawallet balance holders to claim the funds they had stored before the service interruption.

Important information on claims submission:

For the first 90 days we will accept claims for individual Instawallets. Your wallet's URL and key will be used to pre-populate a form to file the claim.
After 90 days, if no other claim has been received for the same url, your Instawallet balance under 50 BTC will be refunded. If several claims have been filed for the same url, we will process those claims on a case by case basis, under the presumption that the claim we received first belongs to the legitimate balance holder.
Claims for wallets that hold a balance greater than 50 BTC will be processed on a case by case and best efforts basis.

[jasinlee]

Your arguments would hold more water if you hadnt only posted in this thread and the other ltc wallet thread. Use your brain when shilling, then you may have more credibility.

[wtogami]

Your arguments would hold more water if you hadnt only posted in this thread and the other ltc wallet thread. Use your brain when shilling, then you may have more credibility.

I am caught between "not wanting to reply to an idiot" and "needing to warn users about an insecure wallet".

Look at my post history.  After lurking for a long time, I joined to claim the free Ripple XRP, then to tell people about the p2pool LTC stratum that I fixed.  (Upgrade to git if you use p2pool LTC.  It contains two important fixes for Litecoin miners that caused p2pool-11.2 nodes to lose hashes and a small chance of an orphaned block.)  You may notice that I somehow posted to the non-newbie forums without the necessary posts prior to that.  Some people want to avoid the forums as much as possible.

[Simran]

Your arguments would hold more water if you hadnt only posted in this thread and the other ltc wallet thread. Use your brain when shilling, then you may have more credibility.

I am caught between "not wanting to reply to an idiot" and "needing to warn users about an insecure wallet".

Look at my post history.  After lurking for a long time, I joined to claim the free Ripple XRP, then to tell people about the p2pool LTC stratum that I fixed.  (Upgrade to git if you use p2pool LTC.  It contains two important fixes for Litecoin miners that caused p2pool-11.2 nodes to lose hashes and a small chance of an orphaned block.)  You may notice that I somehow posted to the non-newbie forums without the necessary posts prior to that.  Some people want to avoid the forums as much as possible.

Nigga just leave already.

[wtogami]

You do not adequately warn your users of the risk of relying on a server to protect their funds.  Even if you trust the server operator to not steal the funds, it is dangerous to assume that the server can remain secure forever.

(Not sure when “upgrading” the app if the Vault Key is saved)

Seriously?  I'm amazed how little you actually bothered to understand and test this code that somebody else wrote.  You would seriously put an app on the Google Play Store that handles people's actual money when you don't know if they will lose their vault key on upgrade?

This is reckless and irresponsible.

[jasinlee]

https://bitcointalk.org/index.php?topic=55025.msg1744168#msg1744168
See here for yet another reason why nobody should trust InstaWallet and any app that relies upon it.

You do not adequately warn your users of the risk of relying on a server to protect their funds.  Even if you trust the server operator to not steal the funds, it is dangerous to assume that the server can remain secure forever.

(Not sure when “upgrading” the app if the Vault Key is saved)

Seriously?  I'm amazed how little you actually bothered to understand and test this code that somebody else wrote.  You would seriously put an app on the Google Play Store that handles people's actual money when you don't know if they will lose their vault key on upgrade?

It is outright irresponsible for this app to exist, especially how carelessly you did it.

[Simran]

https://bitcointalk.org/index.php?topic=55025.msg1744168#msg1744168
See here for yet another reason why nobody should trust InstaWallet and any app that relies upon it.

You do not adequately warn your users of the risk of relying on a server to protect their funds.  Even if you trust the server operator to not steal the funds, it is dangerous to assume that the server can remain secure forever.

(Not sure when “upgrading” the app if the Vault Key is saved)

Seriously?  I'm amazed how little you actually bothered to understand and test this code that somebody else wrote.  You would seriously put an app on the Google Play Store that handles people's actual money when you don't know if they will lose their vault key on upgrade?

This is reckless and irresponsible.

Oh I forgot, it does LOL, let me remove that. Added new Disclaimer too!

[wtogami]

<Simran> warren, ??@?
<warren> Simran: You are endangering users and being very irresponsible with that app
<warren> Simran: and no, I will not back down.
<Simran> okay
<Simran> I really give a shit lol
<Simran> JUST KIDDING
<warren> Simran: I'm willing to delete all the criticism if you add a big warning at startup telling users of the real risk
<Simran> Your criticism doesn't mean shit to me
<warren> OK,  you're welcome to do reckless and irresponsible things, and I'm entitled to call you out on it.
<warren> Simran: the alternative is to realize what you are doing is a bad idea and stop.
<Simran> warren, that's fine, I'm not stressin' it
<Simran> I reject your suggestion, sorry.
<warren> ok.
<warren> https://play.google.com/store/apps/details?id=com.simran.andltcwallet  Hey folks, I recommend reading about the InstaWallet situation and making your own decision.
<Simran>
<Simran> In fact, I thank you for commenting on my thread
<Simran> got me more downloads and donations
<Simran> Really appreciate it, nigga.
<warren> Simran: I'm glad how copying an open source app, barely understanding it and inducing people to put their real money into it shows people how smart you are.

Readers can judge for themselves if it is a good idea to trust this person.

[jasinlee]

Where is smoothie, this has got to escalate?

[wtogami]

InstaWallet's have a right to exist.  Users have the right to know the actual risk involved to make an informed decision if they want to use it or not.