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Author Topic: Inputs.io?  (Read 345 times)
Lettucey
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October 31, 2013, 03:01:34 PM
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I understand it ruins the idea of 'decentralized', but I'm wondering if Inputs.io is a good site to use for a wallet?
I have an account there and I think it's ok, but I'm wondering what other people think.
This has probably been asked before.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Mike Christ
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October 31, 2013, 03:07:14 PM
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I thought it was an interesting concept but I'm waiting for it to gain more traction before giving it a whirl; I definitely wouldn't use it to store my BTC in, but the idea of offline transactions would certainly allow speedier transfers.  My biggest concern is security, as we've seen plenty of other wallet sites result in a loss of BTC for its users.

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October 31, 2013, 03:11:33 PM
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I thought it was an interesting concept but I'm waiting for it to gain more traction before giving it a whirl; I definitely wouldn't use it to store my BTC in, but the idea of offline transactions would certainly allow speedier transfers.  My biggest concern is security, as we've seen plenty of other wallet sites result in a loss of BTC for its users.
then if you have some better idea for this please tell us I have also same concerns like you but no option so using this inputs.io

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October 31, 2013, 03:40:07 PM
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The 3rd party risk (aka TF could run away with the money) is the biggest concern, otherwise it's very good imo.
So don't use it to store all your Bitcoin wealth.
Mike Christ
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October 31, 2013, 03:51:56 PM
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I thought it was an interesting concept but I'm waiting for it to gain more traction before giving it a whirl; I definitely wouldn't use it to store my BTC in, but the idea of offline transactions would certainly allow speedier transfers.  My biggest concern is security, as we've seen plenty of other wallet sites result in a loss of BTC for its users.
then if you have some better idea for this please tell us I have also same concerns like you but no option so using this inputs.io

I don't have any better ideas for an offchain wallet; I use electrum as my wallet, but it's a desktop wallet.

There's also the blockchain wallet, which is a website wallet.

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