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Author Topic: Stop using blockchain.info already !  (Read 1559 times)
Hazir
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January 11, 2017, 11:08:00 AM
 #21


To be honest that is when I stopped using them. But you shouldn't tell others to stop using a service that is just stupid. Live and live.

What's so stupid about telling others to stop using a service that can't handle people's bitcoin (=money) and bitcoin transactions correctly?  We should, by the way.

You seem to be stupid, sorry about that. It has NOTHING to do with you what other people do and do not do (with their money). It's their money so let them do with it as they please. Fucking forum of financial advisors all of a sudden. just point me to where they CANNOT handle peoples bitcoin, they have handled mine very well for a very long time.
To be honest, I have no idea why can't anyone give a legit advise to everyone. This thread is meant to help people, no hidden agenda here, from my point of view.

I'll leave this here, together with why it is a huge issue.
http://blog.blockchain.com/2014/12/08/blockchain-info-security-disclosure/

Reused R value. This allows hackers to gain access to ANY addresses created within the platform. What does this mean? The user's funds WILL be stolen and logic says that the victim would be severely affected, even if the refund is given. How to prevent this? Why didn't the developers debug the code BEFORE releasing the update? This is the minimum that they should do, they are handling potentially millions of dollars in the user's funds.

https://blog.blockchain.com/2015/05/28/android-wallet-security-update/

Weak address generation yet again. They could easily debug the code and ensure that random.org is supplying the correct code. More money lost wow.

It's your choice if you heed the advice or not. We aren't forcing you.
But examples are dated back in 2014 and 2015 (didn't they fix it already?), far before blockchain.info introduced their latest HD incarnation (it happened early in 2016).
Do you have anything new proving that their HD wallet might be still susceptible to this kind of exploits?


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January 11, 2017, 03:09:52 PM
 #22

i considers nothing perfect in this world even if there is wallet with high security level but don't mean will safe from the hackers or bugs and using another wallet also not necessarily better than blockchain wallet however from the beginning i know bitcoin until now i only use blockchain wallet and there is no problem during using it and indeed i heard that people several times had issue with unsolved with blockchain wallet but that won't stop me using this wallet until now and for now i have no plan to leaving blockchain
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January 11, 2017, 03:16:53 PM
Last edit: January 12, 2017, 03:29:44 PM by ranochigo
 #23

But examples are dated back in 2014 and 2015 (didn't they fix it already?), far before blockchain.info introduced their latest HD incarnation (it happened early in 2016).
Do you have anything new proving that their HD wallet might be still susceptible to this kind of exploits?
They definitely fixed it, if not they wouldn't be here.

It isn't about how these bugs affected the address but how this happened at first. The reason for this to happen is because they didn't practice good security procedures. If they did this in the past, again and again, I don't find it good considering that they are handling user's funds.

Anyway, you can exploit the address if the R value is reused during transaction creation. Nothing new.

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January 11, 2017, 03:25:46 PM
 #24

Come on people. It's still on your own decision if you will stop using the service of blockchain.info so why make things go worst. No need for such arguable comment that is out of the line. Share the knowledge instead.

P.S Sometimes people needs to experience something before going on a change. If everything is fine they are just going on without thinking the associated risk. Sense at it's finest.

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January 11, 2017, 03:28:08 PM
 #25

He just warned us because of the those of the upgrade of it to HD and maybe he do really like the legacy login a lot but it was removed when the upgrade happen.

So this case is close, he doesn't have an issue upon using blockchain so do I. But stopping other people using a reputable and legitimate service.

I think its insane, why would I stop if I'm confidently having no problems with them at all?

I don't have any issues with them , I actually stopped using them since they upgraded to HD and they removed the legacy login with it. If we take in consideration that there are a lot of web wallets and this section became full lately with issues from blockchain.info only , my warning should definitely be taken seriously , It's your choice though.

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January 11, 2017, 03:39:55 PM
 #26

Don't see a problem with using them.
I use them only for small transaction under $5.
So they are good enough for what I am using them for.

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January 11, 2017, 03:50:46 PM
Last edit: January 11, 2017, 04:23:23 PM by steven0021
 #27

He just warned us because of the those of the upgrade of it to HD and maybe he do really like the legacy login a lot but it was removed when the upgrade happen.

So this case is close, he doesn't have an issue upon using blockchain so do I. But stopping other people using a reputable and legitimate service.

I think its insane, why would I stop if I'm confidently having no problems with them at all?

When there's a cliff up on a road, people put a warning sign to let others know about it. You don't have to see and/or fall down the cliff yourself to stop going that way.

This is just like that. It's just a warning, guys. The point of this thread is to make people aware that blockchain.info is prone to problems and let them decide if they want to keep using it with the risk of getting the same problems that others have been reported or change to another wallet.

I think it's their double spend and occasional non-standard/invalid transaction that's worrying. Slow confirmation or fee aren't that big of a problem. Signed messages and private keys availability and being a web wallet are some big cons for me but people don't seem to care about that sooo...

                                                                       
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January 11, 2017, 04:05:29 PM
 #28

I don't have any issues with them , I actually stopped using them since they upgraded to HD and they removed the legacy login with it. If we take in consideration that there are a lot of web wallets and this section became full lately with issues from blockchain.info only , my warning should definitely be taken seriously , It's your choice though.
I appreciate your kind advice. However i never face any serious problems with this wallet just their site was down due to dns attacked recent months yeah all we know that blockchain is popullar bitcoin wallet where targeted by the hackers, so that it's better to not storing all of your assets out there i personally keep small amount out there only for spendable purpose so if the site is offline or bad things happen i'm not too worried about that.
Anyway i don't like they new feature also we should verify email before accessing the site though i know it's for safety purpose.
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January 11, 2017, 05:32:47 PM
 #29

I don't have any issues with them , I actually stopped using them since they upgraded to HD and they removed the legacy login with it. If we take in consideration that there are a lot of web wallets and this section became full lately with issues from blockchain.info only , my warning should definitely be taken seriously , It's your choice though.
I don't understand actually that why you are suggestions everyone to use wallet other than blockchain.info .
Since I know that blockchain in official but I myself using myscellium because I don't like views of blockchain .
In my opinion blockchain is a bad option for those who are bitcointalk forum signature campaign advertisers . Because if we are in any campaign we need a particular fixed wallet but the legacy backup of blockchain forced us to use another wallet like myscellium that have non-variable address , according to our need .
they suggest you to use another address in every bitcoin tx for anonymity, but you can keep the same address as long as you want, i have been doing that without any issues
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January 11, 2017, 11:15:51 PM
 #30

Blockchain.info is having a lot of issues lately and I really recommend anyone using it to stop already , If you don't want to regret later maybe Its the best time to stop using it.
Possible alternatives :  btc.com (If you want to stay with web wallets) , Electrum (desktop) , Multibit HD (desktop) , Paper wallets for long term and Nano Ledger S as a hardware wallet (It has multi coins support too)

what is problem blockchain info
and then you recomended leave from blockchain.info service
and about btc.com service, open private key service or not
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January 12, 2017, 11:27:06 AM
 #31

btc.com co-signs your transaction because we are a multi-sig wallet, you always have two keys. So you are always safe

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January 12, 2017, 09:16:31 PM
 #32

Thanks for informing us about that. Till now I do not have faced any problem from online wallet but I am worried because of different claims from different people. I will like to know about the desktop wallet. I have heard that the best of them are Electrum and armory. Is that right about these two?
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January 14, 2017, 01:08:51 PM
 #33

Honestly , I have to say that some members here have some trust issues or are simply paranoid. I was simply giving a friendly advice and some people lost their minds. If you don't want to follow my advice Its fine , just don't post on this thread .
I have nothing against blockchain.info but they do have issues whether you like it or not , simply don't cry If you lose your coins somehow.

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January 16, 2017, 03:33:57 PM
 #34

They have been advertising on their wallet they optimize your sends transactions fee to align with the amount being sent.
I have been always using the advanced function so I dont know why they see this as a feature to be promoting.

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January 16, 2017, 06:16:01 PM
Last edit: January 16, 2017, 06:39:23 PM by Hazir
 #35

btc.com co-signs your transaction because we are a multi-sig wallet, you always have two keys. So you are always safe
Xapo and Coibase are both multisignanture wallets as well. yet people are complaining about their restrictive TOS rules, suspended accounts, frozen funds everyday.
I am not familiar with BTC.com level of invigilation, but I expect they are monitoring every transaction as well.


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January 16, 2017, 06:26:48 PM
 #36

I don't understand why I must stop using Blockchain.info, I read all posts there but can't find any big reason make me do that, I'm using it 5 years and never had any problems before, just for me Blockchain.info is  best wallet today

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January 16, 2017, 06:36:00 PM
 #37

I don't understand why I must stop using Blockchain.info, I read all posts there but can't find any big reason make me do that, I'm using it 5 years and never had any problems before, just for me Blockchain.info is  best wallet today
you are just full member but you use blockchain over 5 years?
i use blockchain before but never experience any problem until the new update when segwit release.
but this few months i just use electrum because afraid of scam online wallet like coinbase..



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January 16, 2017, 08:16:06 PM
 #38

I don't understand why I must stop using Blockchain.info, I read all posts there but can't find any big reason make me do that, I'm using it 5 years and never had any problems before, just for me Blockchain.info is  best wallet today
The reason to use it is for only making small transfers to your main wallet. Nothing more.
I would like to think the creators of it 5 years ago just wanted to create something so people have something to do quick and fast transfers on the go not to keep or make large transactions with.

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January 17, 2017, 08:35:10 AM
 #39

btc.com co-signs your transaction because we are a multi-sig wallet, you always have two keys. So you are always safe
Xapo and Coibase are both multisignanture wallets as well. yet people are complaining about their restrictive TOS rules, suspended accounts, frozen funds everyday.
I am not familiar with BTC.com level of invigilation, but I expect they are monitoring every transaction as well.
You probably don't know how multisignature works. In a perfect world, multi signature wallet should give the user the full authority to do whatever they want. Done by providing at least n keys (if n-of-m keys are needed for multisig).

Coinbase and Xapo both doesn't do this and they hence still have full control over your address.

But, with it being an online wallet, it probably still isn't all that safe. You are giving up your privacy for online wallets as well.

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January 17, 2017, 10:09:00 AM
 #40

btc.com co-signs your transaction because we are a multi-sig wallet, you always have two keys. So you are always safe
Xapo and Coibase are both multisignanture wallets as well. yet people are complaining about their restrictive TOS rules, suspended accounts, frozen funds everyday.
I am not familiar with BTC.com level of invigilation, but I expect they are monitoring every transaction as well.

Why do you expect that? We don't monitor anything, ever, at all. We don't want to.

Your bitcoin is always safe with us because you ALWAYS have TWO KEYS. ( we have a 2 out of 3 multi signature set up)

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