Bitcoin Forum
November 26, 2020, 12:50:12 PM *
News: Latest Bitcoin Core release: 0.20.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How it's safe to host BTC related projects on AWS / VPS?  (Read 703 times)
SyRenity
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
February 24, 2014, 08:25:43 PM
Last edit: February 25, 2014, 06:49:54 PM by SyRenity
 #1

How actually it's safe to use AWS for BTC related hosting? While AWS gives awesome ease of use, I'm worried about them having the ability to shutdown the project any moment, and actually being inclined to do so (Wiki-leaks for example)?

Any thoughts on the matter?
1606395012
Hero Member
*
Offline Offline

Posts: 1606395012

View Profile Personal Message (Offline)

Ignore
1606395012
Reply with quote  #2

1606395012
Report to moderator
1606395012
Hero Member
*
Offline Offline

Posts: 1606395012

View Profile Personal Message (Offline)

Ignore
1606395012
Reply with quote  #2

1606395012
Report to moderator
1606395012
Hero Member
*
Offline Offline

Posts: 1606395012

View Profile Personal Message (Offline)

Ignore
1606395012
Reply with quote  #2

1606395012
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1606395012
Hero Member
*
Offline Offline

Posts: 1606395012

View Profile Personal Message (Offline)

Ignore
1606395012
Reply with quote  #2

1606395012
Report to moderator
1606395012
Hero Member
*
Offline Offline

Posts: 1606395012

View Profile Personal Message (Offline)

Ignore
1606395012
Reply with quote  #2

1606395012
Report to moderator
SyRenity
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
February 25, 2014, 04:10:35 PM
 #2

Anyone can advise?

Also, what regarding VPS providers, such as DO or Linode?

Thanks.
cloverme
Legendary
*
Offline Offline

Activity: 1498
Merit: 1041


SpacePirate.io


View Profile WWW
February 25, 2014, 04:30:42 PM
 #3

I guess it depends on what you're planning to do there. Encrypt anything you put there for sure, I wouldn't store a wallet online though.

If you're thinking about mining using AWS or DaaS solutions, do some research as you won't get an ROI.

crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
February 25, 2014, 04:38:50 PM
 #4

How actually it's safe to use AWS for BTC related hosting? While AWS gives awesome ease of use, I'm worried about them having the ability to shutdown the project any moment, and actually being inclined to do so (Wiki-leaks for example)?

Any thoughts on the matter?

Well if you do something illegal the government can force them to do anything. That said it should be pretty safe. Encrypt your data and you should be fine. If you are handling millions of dollars in customer funds- then you should host everything yourself. And be competent.

more or less retired.
SyRenity
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
February 25, 2014, 06:51:33 PM
 #5

Actually my goals are much more modest - just keeping an ASIC store up and running (the payment will be handled by coinbase or bips anyhow).

I do want to take into account a possible DDos attack (you never know who you might get angry these days), but I presume that with CloudFlare I should be fine?

What you would use - AWS or VPS (DO or Linode, who appear go give a much better web site response times)?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!