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Author Topic: Ubuntu One for storage  (Read 620 times)
smiles (OP)
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August 05, 2011, 06:47:12 PM
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Hi, is Ubuntu One a good place to store encrypted wallets?  I've seen other services recommended, some of them pay, but not Ubuntu One which seems to be the obvious free choice.  Is there something wrong with this?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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August 05, 2011, 06:51:37 PM
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No better than using Dropbox.

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August 05, 2011, 07:11:12 PM
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Hi, is Ubuntu One a good place to store encrypted wallets?  I've seen other services recommended, some of them pay, but not Ubuntu One which seems to be the obvious free choice.  Is there something wrong with this?

Most, if not all, free services make no guarantees about keeping your data safe. So if you must use them, make sure you use more than one to avoid losing it all when the service goes down or a bug hit, or somebody hack them and they lost all your bitcoin Wink

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August 05, 2011, 09:25:14 PM
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uh yea better not use ubuntuone/dropbox/whatever cloudservice for ANYTHING relevant.

atleast not if you dont have a good backup and need it 24/7
websmith
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August 06, 2011, 04:09:27 AM
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Good place to store wallet is external hdd and usb flash
ehrman
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October 02, 2011, 07:22:28 PM
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Would Ubuntu One or other online synchronizing services provide a reasonably safe solution for syncing my wallet file between computers now that the wallet file in automatically encrypted by bitcoin? 

I know this thread began by answering this question, but since all of the answers (and most "securing your wallet" documents for that matter) were written before the implementation of wallet encryption in 0.4.0 I thought I'd ask again.  I know syncing would not be sufficient to protect against loss, and I should still keep the wallet file backed up elsewhere.  I also know that my transaction history would still be accessible if the file is stolen.  However, would synchronizing my encrypted wallet file still be vulnerable to theft provided my encryption password is secure?

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