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Author Topic: Distributed e-wallet ?  (Read 1126 times)

April 19, 2011, 06:14:41 AM

With all the numerous sites popping up using bitcoin wallets what if there was a service that let you deposit your online coins at a multitude of sites and use them to spend online by withdrawing the amount you need evenly ?

Just say you had 50 bitcoins. Wouldnt it be wise to have 50 wallet providers each holding 1 bitcoin rather than 1 ewallet that holds 50 ?

Would that lessen the risk of losing all your coins to a site that got taken down ?
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April 19, 2011, 08:43:24 AM

Technically it would be more secure.

Why not 1 e-wallet company though that encrypts 50 or 100 different portions of your wallet on 50 or 100 different servers?

I can't see multiple ewaller providers working together unless there was some kind of standard protocol in place.
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