Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain
by
sidhujag
on 06/03/2015, 04:18:46 UTC
Sneak preview of the pre-skinned #Syscoin web wallet $SYS

https://twitter.com/syscoin/status/572502661985144832

Taking control of the wallet.dat file with a web wallet is certain to start the NSA and other authorities salivating.  Why add anonymity code to a decentralized market if it is not so anonymous on the market side after all?

It will keep the actors honest.

The abuse of the NSL's is what took down lavabit, silent circle and other neat creations that weren't exactly fingered over all for less than legal activity.  The best security is based on the design now days with regard to what can happen, and that is not necessarily coder driven.

I am sure the team will jump in here, but again, the new wallet uses HTML for its UI and local HTTP. This is for extensibility/portability. It is not automatically a vulnerability. If you're concerned about the NSA or bad actors you can easily run it on box/VM with network controls in place (only opening ports to known good nodes, no traffic over port 80, etc)

Any website which offers a "buy now" option, can also have its blockmarket items purchased directly from the wallet just by searching the blockchain for offers with the same name/description. So you don't even need to initiate your purchase from a website.

If the wallet is locally hosted but the GUI is written in HTML then that is better as it leaves security up to the end user but more vulnerable to malware as it uses browser lib's rather than standard C lib's for GUI which have a considerably larger number of people that review them specifically for security.  But if the web wallet is hosted on a centralized wallet then I'd definitely say pass on that.

its all rpc read the code and decide yourself.. malware in the os just as bad as browser your point doesnt make sense.. If someone can fake a click on your browser im sure they can keylog your computer to ftp anyway

If SYS reaches maturity then it will be worth plenty of sats which will make it a priority target.  Malware bugs tend to use browser lib's for launch, so if you launch the wallet with browser lib dependency, it will launch the malware.

Then nxt bitshares bitcoin and pretty much every other promising project will be exposed and probably before sys because of userbase