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Author Topic: Exactly how transparent blockchain.info is?  (Read 669 times)
superpatosainz (OP)
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July 18, 2013, 10:28:34 PM
 #1

Reading the security advice that was linked in a sticky topic, I wondered, since for simplicity's sake my bitcoins are in their online wallet service (better than storing copies across my partitions to have them at all time when dual-booting, being able to use my btc on the go with my mobile, creating a little partition just for bitcoins so I can use it in my whole system, getting a VPS with money I won't use for VPSes for having my btc anywhere), is it a good choice to store them there? I know they've got all kind of security measures and anti-XSS thingies etc. but... how transparent are they?
Drug5bitz
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July 18, 2013, 10:36:08 PM
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I don't think you know what transparency means...... Online wallets get hacked all the time. A simple USB flash drive is a great way to store your wallet between OS. The blockchain is completely transparent, it's just near impossible for any authority to link a wallet address to you with out you giving it to them.

If you would like to donate to my jalapeno mods, or just buy me a b33r it's all appreciated.

BTC Address 1DX24XAojH2qjAgFzbME81o9BD3yDjfGLR
superpatosainz (OP)
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July 18, 2013, 11:55:59 PM
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I don't think you know what transparency means...... Online wallets get hacked all the time. A simple USB flash drive is a great way to store your wallet between OS. The blockchain is completely transparent, it's just near impossible for any authority to link a wallet address to you with out you giving it to them.

Uhm, I think you got it a bit wrong:

First, I'm talking about blockchain DOT info's (not the bitcoin blockchain) online wallet service.

Second, with transparency I mean "telling our users we accidentally royally fucked it up" and if there are any ways to corroborate anything blockchain.info says (as in organisational, operational, etc. not the bitcoin blockchain or the transactions per se).
Drug5bitz
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July 19, 2013, 12:07:12 AM
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 TRANSPARENCY business definition. A situation in which business and financial activities are done in an open way without secrets, so that people can trust that they are fair and honest: We need to strike balance between the need for transparency and respect for individual privacy. Using personal accounts to conduct city business reduces the transparency of the public process. The Treasury suggested a greater role for independent auditors to increase transparency and accountability. Our goal is to make sure that union leaders operate with the utmost degree of transparency. financial/market/corporate transparencymore/greater/improved transparency Consumer groups are backing demands for more transparency in car-hire pricing.transparency in/on sth We need greater transparency in the market after last year's scandals.a lack/shortage of transparency Concerns have been raised about a lack of transparency regarding the company's healthcare and pension liabilities. promote/create/ensure transparency

I think you missed it unless you're talking about how glass is usually transparent.....

If you would like to donate to my jalapeno mods, or just buy me a b33r it's all appreciated.

BTC Address 1DX24XAojH2qjAgFzbME81o9BD3yDjfGLR
superpatosainz (OP)
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July 19, 2013, 12:20:25 AM
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TRANSPARENCY business definition. A situation in which business and financial activities are done in an open way without secrets, so that people can trust that they are fair and honest: We need to strike balance between the need for transparency and respect for individual privacy. Using personal accounts to conduct city business reduces the transparency of the public process. The Treasury suggested a greater role for independent auditors to increase transparency and accountability. Our goal is to make sure that union leaders operate with the utmost degree of transparency. financial/market/corporate transparencymore/greater/improved transparency Consumer groups are backing demands for more transparency in car-hire pricing.transparency in/on sth We need greater transparency in the market after last year's scandals.a lack/shortage of transparency Concerns have been raised about a lack of transparency regarding the company's healthcare and pension liabilities. promote/create/ensure transparency

I think you missed it unless you're talking about how glass is usually transparent.....

that's what I am talking about: In case a hacker hits their business, will they tell us? Has it happened before? How can we corrobarate their information?
Drug5bitz
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July 19, 2013, 01:06:37 AM
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Reading the security advice that was linked in a sticky topic, I wondered, since for simplicity's sake my bitcoins are in their online wallet service (better than storing copies across my partitions to have them at all time when dual-booting, being able to use my btc on the go with my mobile, creating a little partition just for bitcoins so I can use it in my whole system, getting a VPS with money I won't use for VPSes for having my btc anywhere), is it a good choice to store them there? I know they've got all kind of security measures and anti-XSS thingies etc. but... how transparent are they?

Nothing beats a local client like multibit but I only recommend bitcoin-qt with armory, the safest by far.

Safety, sir, you're correct I do believe. He wants the dual boot though. Hmm..... machine capable of a VM, sounds like better idea? Why must you boot to windows? or what ever other OS you're using other than linux. Why must it be from a cold wet boot?

If you would like to donate to my jalapeno mods, or just buy me a b33r it's all appreciated.

BTC Address 1DX24XAojH2qjAgFzbME81o9BD3yDjfGLR
superpatosainz (OP)
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July 19, 2013, 01:09:10 AM
 #7

Reading the security advice that was linked in a sticky topic, I wondered, since for simplicity's sake my bitcoins are in their online wallet service (better than storing copies across my partitions to have them at all time when dual-booting, being able to use my btc on the go with my mobile, creating a little partition just for bitcoins so I can use it in my whole system, getting a VPS with money I won't use for VPSes for having my btc anywhere), is it a good choice to store them there? I know they've got all kind of security measures and anti-XSS thingies etc. but... how transparent are they?

Nothing beats a local client like multibit but I only recommend bitcoin-qt with armory, the safest by far.

Safety, sir, you're correct I do believe. He wants the dual boot though. Hmm..... machine capable of a VM, sounds like better idea? Why must you boot to windows? or what ever other OS you're using other than linux. Why must it be from a cold wet boot?

Right, I use linux and windows, and I've read that "just copying your wallet" isn't the right solution and it renders some bitcoins unusable in one copy but not in the other, etc.
Drug5bitz
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July 19, 2013, 01:40:53 AM
 #8

I would believe that's not possible, unless its running on two machines. Every time Bitcoin-qt starts it loads the chain syncs and scans. When it scans its looking for your transactions.

If you would like to donate to my jalapeno mods, or just buy me a b33r it's all appreciated.

BTC Address 1DX24XAojH2qjAgFzbME81o9BD3yDjfGLR
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