Tips on securing Bitcoind server?

[bkc888]

Hi All,

I am playing around with creating a bitcoin exchange.

Just wondering if anyone have any tips on securing my bitcoinD server? Any tips will be welcomed. Thanks!

[tgerring]

If you could spin-up a secure VM pre-configured with BitcoinD, up-to-date blockchain, and RESTful interface, is that something you'd be interested in as a service?

[Xenland]

decentralize your coins onto different connections/ips/hosts, keep majority of bitcoins in host that is only accessible during 1 hour out of the day.

[ikbrunel]

If you could spin-up a secure VM pre-configured with BitcoinD, up-to-date blockchain, and RESTful interface, is that something you'd be interested in as a service?

Given that the hypervizor has access to basically everything on the VM why on earth would I ever run a wallet on someone else's virtualization layer?

[tgerring]

If you could spin-up a secure VM pre-configured with BitcoinD, up-to-date blockchain, and RESTful interface, is that something you'd be interested in as a service?

Given that the hypervizor has access to basically everything on the VM why on earth would I ever run a wallet on someone else's virtualization layer?

For the same reason people use banks instead of stashing their savings under a mattress. If you're willing to place a little trust in a service to use as the hot wallet (keeping most coins in coin storage), there could other benefits such as:

* speed of deployment
* easy scaling
* easier interface/api to interact with