Bitcoin as a wallet server

sirius (OP)

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Bitcoin as a wallet server

May 19, 2011, 04:49:48 PM
Last edit: May 19, 2011, 05:03:38 PM by sirius

#1

What do you think about adding wallet server functionality to the Bitcoin software? It would help establish a wallet protocol standard and make it easy for anyone to start a wallet server. People could then use their mobile and other lightweight clients to manage their account on any server. I believe the average user would rather use a 3rd party wallet service than download and store the block chain and worry about backups. Just like most people don't want to run their own email server, but the paranoid guy still has the option to do so.

We already have support for separate accounts, they just lack authentication. Another useful and user-friendly feature would be the user@domain.com address scheme proposed by Genjix.

TL;DR Bitcoin should have clients and servers like the email protocol.

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Ian Maxwell

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Re: Bitcoin as a wallet server

May 21, 2011, 12:07:53 AM

#2

So if someone wanted to serve their own bitcoins, would they have to run separate client and server software? Or would the client software still be able to work independently?

Ian Maxwell
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Re: Bitcoin as a wallet server

May 21, 2011, 01:01:28 AM

#3

I would think that a blockchain server would be more useful. This would allow phone clients to have a local wallet.dat, and query a blockchain service to serve up the blocks necessary to validate a receiving transaction without needing a local copy of the blockchain. A network drive might be able to do this decently well, but would result in a lot of network traffic for a smartphone.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'

sirius (OP)

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Re: Bitcoin as a wallet server

May 22, 2011, 09:07:03 PM

#4

Quote from: Ian Maxwell on May 21, 2011, 12:07:53 AM

So if someone wanted to serve their own bitcoins, would they have to run separate client and server software?

No, the "server" version would be standalone as it is now.

Quote from: creighto on May 21, 2011, 01:01:28 AM

I would think that a blockchain server would be more useful. This would allow phone clients to have a local wallet.dat, and query a blockchain service to serve up the blocks necessary to validate a receiving transaction without needing a local copy of the blockchain. A network drive might be able to do this decently well, but would result in a lot of network traffic for a smartphone.

Well, why not have both wallet and blockchain servers and let the user pick.

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I'm not a forum admin - please contact theymos instead.