Hello everyone and welcome.  I'm thinking of starting an online secure wallet service.  Basically, the current Bitcoin architecture is fine, but it has some serious security flaws.  As we've seen lately with "allinvain" losing 25,000 BTC and the trojan that steals wallet.dat files, people need an easier way to secure their wallet and prevent theft of all their coins.

What I'm proposing is a secure website where anyone can create a Bitcoin wallet.  It is stored in an encrypted format on a server, and can be accessed from any web browser.  Whenever you want to send Bitcoins from your wallet, you need to authenticate with a password that you choose, and a text message is sent to your cellphone, which you type into the website.  This 2-factor authentication is more secure than most online banks and ensures that even if someone hacks your computer and captures your password, they still can't transfer funds out of your wallet.

To clarify - this would not be a Bitcoin bank.  The wallet belongs to you and you alone.  Nobody is going to lend your Bitcoins to other users like a traditional bank.  This is just a secure wallet storage facility with 2-factor authentication.

I plan to fund this project by charging a small transaction fee for sending coins - something like 0.05%.  I realize Bitcoin was designed to be a currency without transaction fees, but there is a cost to send the text messages and designing a website that is secure is not an easy challenge.

Would anyone be interested in such a service?