[2014-08-18] Should Bitcoin Users Trust Hosted Wallets?

[patricktim]

http://www.coindesk.com/bitcoin-users-trust-hosted-wallets/

In bitcoin’s early days, there were not many options for storing coins: users had to download the Bitcoin-QT client to keep the cryptocurrency.

That way, the platform storing the wallet provided as much security as the user required, with the option of keeping the client offline and encrypted – away from prying eyes searching for private keys.