Post
Topic
Board Bitcoin Discussion
Re: Build a better bitcoin web service?
by
Newton
on 03/08/2011, 15:58:10 UTC
Any comments on this?  Or is there a dev thread this should go in?

We've had potentially $1M of bitcoin stolen or lost at mybitcoin, and a system like this could solve the problem.

If someone wants to start this project and open source it, I can put in some coding time, I just don't have the time to own it.

I've been thinking about something similar but unfortunately there are security gaps that current Javascript alone cannot cover. The solutions I can think of usually requires a two factor authentication or at least a Java applet, which then opens up the trust question about the Java applet itself. Or maybe I'm just not l33t enough to see the solution Cheesy



I'd also considered that Java would be a more robust platform to build from.  Its not quite as pure as javascript where everyone can see the code.  But at least if it is open source, a determined user could check the bytecode check sum at any time and this should be a strong deterrent to fraudsters.