Chick (OP)
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Activity: 70
Merit: 10
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June 22, 2011, 01:02:17 AM |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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elggawf
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June 22, 2011, 01:17:01 AM |
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I saw this - makes MtGox look like Ft Knox!
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^_^
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tito13kfm
Newbie
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Activity: 42
Merit: 0
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June 22, 2011, 01:41:15 AM |
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I store my truecrypt container that contains a wallet backup on it... does that count?
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dust
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June 22, 2011, 01:44:55 AM |
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I store my truecrypt container that contains a wallet backup on it... does that count?
Same here. I wasn't counting on their security to begin with. |
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Rodyland
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June 22, 2011, 01:45:32 AM |
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I store my truecrypt container that contains a wallet backup on it... does that count?
I store my truecrypt container that contains a hidden volume that contains a wallet backup on it... does that count?  |
Beware the weak hands!
1NcL6Mjm4qeiYYi2rpoCtQopPrH4PyKfUC
GPG ID: E3AA41E3
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tominator
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Activity: 9
Merit: 0
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June 22, 2011, 01:49:37 AM |
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I store my bitcoin wallets in my dropbox, but like many others here, I had the foresight to create truecrypt containers for them. Yay me!
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EricJ2190
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June 22, 2011, 01:57:37 AM |
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I store my truecrypt container that contains a wallet backup on it... does that count?
I store my truecrypt container that contains a hidden volume that contains a wallet backup on it... does that count? Rule #1 of hidden volumes: never admit you have a hidden volume. |
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TiagoTiago
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June 22, 2011, 02:21:46 AM |
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Perhaps they got a hidden volume inside their hidden volume (as deep as you wanna go), now that hidden volumes are becoming a common practice having a decoy hidden volume can be healthy for the soles of your feet....
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(I dont always get new reply notifications, pls send a pm when you think it has happened) Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX  The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar! |
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luv2drnkbr
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June 22, 2011, 02:40:26 AM |
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Perhaps they got a hidden volume inside their hidden volume (as deep as you wanna go), now that hidden volumes are becoming a common practice having a decoy hidden volume can be healthy for the soles of your feet....
Yo dawg I heard you like to.............. |
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Chick (OP)
Member
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Activity: 70
Merit: 10
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June 22, 2011, 02:42:01 AM |
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Perhaps they got a hidden volume inside their hidden volume (as deep as you wanna go), now that hidden volumes are becoming a common practice having a decoy hidden volume can be healthy for the soles of your feet....
V O L U M E C E P T I O N |
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Jarredm
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Activity: 63
Merit: 10
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June 22, 2011, 03:11:26 AM |
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Not affecting me! Unlike MtGox... I use Wuala to backup my wallet. I started using them because they got the security right. They do not store your password just pseudo-random blobs and you must know your password in order to decrypt. If you lose the password they can't reset it for you, your data is gone.
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Rodyland
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June 22, 2011, 03:12:48 AM |
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Firstly, LOL. Perhaps they got a hidden volume inside their hidden volume (as deep as you wanna go), now that hidden volumes are becoming a common practice having a decoy hidden volume can be healthy for the soles of your feet....
Secondly... Decoy hidden volume. So two hidden volumes in your truecrypt container. Or even "n" hidden volumes. Problem is, as you're tortured and reveal the passwords to the hidden volume and second hidden volume, you need to have more and more "sekrit" stuff in them to make it plausible when you say "that's the last one, I swear". Oblig? http://xkcd.com/538/ |
Beware the weak hands!
1NcL6Mjm4qeiYYi2rpoCtQopPrH4PyKfUC
GPG ID: E3AA41E3
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TiagoTiago
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June 22, 2011, 03:37:17 AM |
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Just keep somthing most people would think would be an embarrassing secret, like "jailbait" bondage twincest gay porn for example, inside one of the deeper levels; somthing that would be plausible that you would wanna hide strongly but that wouldn't really get you in jail; i would expect that would help reduce quite a bit the odds they would suspect you got somthing else hiding there
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(I dont always get new reply notifications, pls send a pm when you think it has happened) Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar! |
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bbjansen
Newbie
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Activity: 14
Merit: 0
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June 22, 2011, 03:44:08 AM |
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Storing your wallet on Dropbox is not a dumb idea if you think about it . |
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Quantumplation
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June 22, 2011, 03:46:07 AM |
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Perhaps they got a hidden volume inside their hidden volume (as deep as you wanna go), now that hidden volumes are becoming a common practice having a decoy hidden volume can be healthy for the soles of your feet....
E N C R Y P T I O N |
NOTE: This account was compromised from 2017 to 2021. I'm in the process of deleting posts not made by me.
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Rodyland
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June 22, 2011, 04:43:33 AM |
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I was thinking about the issue of protecting bitcoin wallets recently. My thought was it's not enough to "back up" our wallet. You really need a "bank" (for want of a better word, it's one we all understand). You want to be able to send your coins to a wallet that you KNOW can't be compromised. You can send coins from your bank to your 'daily' wallet (much like you'd withdraw cash from an ATM). Depositing is easy. It's the withdrawal that's hard, because any hole in the security would potentially allow someone to steal your coins. You could create a client that can only send coins to a specified address or addresses. But unless the wallet itself is secure you're still vulnerable. I'm sure people that are smarter and have more experience than me in security have already mused this over, no doubt someone is cooking up a solution to this already. |
Beware the weak hands!
1NcL6Mjm4qeiYYi2rpoCtQopPrH4PyKfUC
GPG ID: E3AA41E3
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bitprotection
Member
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Activity: 103
Merit: 10
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June 22, 2011, 04:50:04 AM |
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I was thinking about the issue of protecting bitcoin wallets recently. My thought was it's not enough to "back up" our wallet. You really need a "bank" (for want of a better word, it's one we all understand). You want to be able to send your coins to a wallet that you KNOW can't be compromised. You can send coins from your bank to your 'daily' wallet (much like you'd withdraw cash from an ATM). Depositing is easy. It's the withdrawal that's hard, because any hole in the security would potentially allow someone to steal your coins. You could create a client that can only send coins to a specified address or addresses. But unless the wallet itself is secure you're still vulnerable. I'm sure people that are smarter and have more experience than me in security have already mused this over, no doubt someone is cooking up a solution to this already. You are right. Basically, if could encrypt all day long but the minute your wallet is gone - it is gone. There should be someone fully monitoring these wallets / keeping them in a "bank vault" to only be retrieved when there is a problem such as crashed hd/erased/lost wallet. You realize you can spend coins all day long with the same two wallets ? one being on your computer the other being up on the service - meaning if you lost your wallet you would pull it down from us and it would correct to show you the # of BTC you had at the time. Obviously, trust is the big issue but hopefully "compensation" can negate any of this - or so that is the thinking!  |
Working on protecting the community!
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magik
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Activity: 44
Merit: 0
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June 22, 2011, 04:55:54 AM |
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I saw this - makes MtGox look like Ft Knox!
fuck that, I totally respect dropbox for this. Look at how much disclosure and information and updates they've posted about it. They readily admitted their fuck up, because that's what it was - their fuck up - denying and lying and not informing users is the true fuck up. As many have said all over these forums, there is no impenetrable wall of security you can use. The only secure computer is one that's not hooked up to the network. ( and even then there's physical security issues there ) |
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interfect
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June 22, 2011, 05:00:16 AM |
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V O L U M E C E P T I O N
Reddit called. They want their meme back. |
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showtime
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Activity: 9
Merit: 0
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June 22, 2011, 06:27:26 AM |
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As an alternative to Dropbox, you should check out https://www.sugarsync.com/referral?rf=tetx5o7bz6i2. Full disclosure, yes that is my referral link. However, by signing up using my link, you and I both will get an extra 500 mb of free storage, on top of the free 5 GB. Or, you can just go directly to their sign up page here https://www.sugarsync.com/free/. While it's best to still use a tool like Truecrypt in conjunction with SugarSync, they do encrypt your data automatically upon upload. That, combined with the 5 GB of free storage is hard to beat. |
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