Bitcoin Forum
December 03, 2016, 09:56:15 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: what is difference between ewallet and acount in my PC/USB?  (Read 736 times)
predic
Member
**
Offline Offline

Activity: 65


View Profile
July 27, 2011, 12:46:18 PM
 #1

Hi, I am new to bitcoins and I am interested for difference between my bitcoin account in my PC (I use PCs in libraries) and ewallet (bit-bank.org for example)?
can I use bitcoins without to download bitcoin software? for example I use bit-bank.org and people can send me BTC and I can send them, I can even use bit-bank API for online shop if I make my e-shop, so, I am asking myself, why to install software, even PC is not mine and I don't know if I can use USB (I have USB with password login), when I can use bit-bank? and where to check if anyone had bad experience with bit-bank? many website are new and I don't think people register company for website, they just make website and take some small provision and if someone take your bitcoins, he can simply close website and disappear.
so, main question is, can I participate in market of Bitcoins without to install software?
1480802175
Hero Member
*
Offline Offline

Posts: 1480802175

View Profile Personal Message (Offline)

Ignore
1480802175
Reply with quote  #2

1480802175
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480802175
Hero Member
*
Offline Offline

Posts: 1480802175

View Profile Personal Message (Offline)

Ignore
1480802175
Reply with quote  #2

1480802175
Report to moderator
1480802175
Hero Member
*
Offline Offline

Posts: 1480802175

View Profile Personal Message (Offline)

Ignore
1480802175
Reply with quote  #2

1480802175
Report to moderator
dogisland
Sr. Member
****
Offline Offline

Activity: 261



View Profile
July 27, 2011, 01:47:47 PM
 #2

Basically counterparty risk. http://en.wikipedia.org/wiki/Credit_risk#Counterparty_risk

You have to trust that bit-bank won't steal your coins or that their security is good enough that no one can hack their servers and steal your coins.

Whereas if you keep you coins in your own wallet you run the risk of hackers, trojans and wallet loss. But you'll be OK for counterparty risk.
predic
Member
**
Offline Offline

Activity: 65


View Profile
July 27, 2011, 08:14:10 PM
 #3

Yeah, i understand, but what is with people who use public libraries, is it possible to install Bitcoin software on USB?
Stephen Gornick
Legendary
*
Offline Offline

Activity: 1988



View Profile
July 28, 2011, 06:44:49 AM
 #4

Yeah, i understand, but what is with people who use public libraries, is it possible to install Bitcoin software on USB?

Are you asking about a portable app that can be run from USB?

I had seen a thread on one but since the source wasn't being released I personally wouldn't use it.

Running it as a portable app doesn't lessen the security risk all that much though.

 - http://en.bitcoin.it/wiki/Securing_your_wallet

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!