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Author Topic: Can standalone program securely store its own bitcoin?  (Read 909 times)
williamevanl
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August 24, 2014, 04:56:31 AM
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I've been thinking about autonomous applications recently and I'm wondering is it possible for a standalone application to be able to store a private address and send from it without exposing it in any way?

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-Will 
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August 24, 2014, 05:18:42 PM
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Are you talking about person A creating a program and putting their own BTC on it, then giving the program to person B who does not own the BTC for the program to only spend the funds under certain circumstances?

If this is what you are asking about then I would say almost certainly no. It would be too easy to make a copy of the program and attempt to reverse engineer it on a computer that is not connected to the internet, or on a computer that appears to be connected to the internet/bitcoin network but really is not.
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August 24, 2014, 10:34:31 PM
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Bitcoins are calculated based on blockchain transaction data. Your wallet stores addresses, nothing more. The blockchain stores only transaction data.

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