Remotely Hosted Bitcoin/AltCoin Daemons - Idea

[Sanquin]

Hi All,

I have an idea (albeit I see a large number of flaws in it) But I was looking for peoples help in possibly getting this idea working with no security risk to people who create daemons.

I work for a large security company that hosts many servers from OVH (8 Core, 64 GB Ram, 8 TB HDD RAID) I have been offered one of these servers for personal use and came up with this idea.

I see so many people who want to their own Daemon for mining, scripts, or just for a full node but they dont have the resources available. I was thinking of a free pricing plan so It wouldnt cost anyone a penny to setup a daemon on a specified clean port with their own RPC username and password. I have also recently come across a few people who want to run DiceCoin or CoinDice w/e but they only had shared hosting and couldn't run the daemon.

My only concern is security, Surely me as the root used would have access to all of these daemons/configs/wallets (WHICH I DONT WANT!!!) I would need them if there was any problems with the daemons or server though. So I could restart/reboot etc

Can anyone think of a way around this so I wouldn't have access to such information, Maybe some form of SSH KEY login where 2 members have to agree for the key to be used? One member holds one key and someone else the other (not sure how that would work).

Thanks for any help you may provide

[danneu]

You definitely want to stay away from customers that aren't even willing to spend $5 on a Digital Ocean VPS.

[Sanquin]

You definitely want to stay away from customers that aren't even willing to spend $5 on a Digital Ocean VPS.

I dont really mind who the customer base is, as long as their are enough ports to be able to use people can start their own daemon, Im just worried about the security side of things.

[Sanquin]

Anyone have any ideas for this to work?, or anyone see any flaws that I havnt....? I think its a good idea if we can get it safely working

[semobo]

If you plan on using the server as a VM host, you can use secure distributions with an encrypted file-system to better protect the individual vm's. There is no foolproof way of protecting the wallets.

[joesmoe2012]

You definitely want to stay away from customers that aren't even willing to spend $5 on a Digital Ocean VPS.

+++

[elbandi]

You definitely want to stay away from customers that aren't even willing to spend $5 on a Digital Ocean VPS.

God forbid, everybody buy a server without serveradmin skills. Thus, the net is full of zombie servers...

If shitcoin devs want a daemon, they sould pay just for the daemon hosting.

[Miitch]

I think it would be more valuable if you offered a service to setup a daemon on someone's purchased VPS that they pay for themselves. There's no sure fire way to get around the problems you're talking about. You could provide a guide on how to generate a fresh wallet.dat after you've setup the daemon so they have no security risk of you holding onto their private keys.

When I was getting started I would have paid for this service!

Maybe you could use your free VPS hosting access to setup a website advertising your service? And accept payment in BTC?

[h0lybyte]

You have the idea, but you should build up your reputation , if you want people to look towards your direction.

[joesmoe2012]

Reputation will be key if you're going to be selling something that requires you to have access to people's coins at some point.