Quote from: suchmoon on September 19, 2019, 02:30:37 AM

Quote from: CryptoSparks on September 19, 2019, 12:26:22 AM

I'm giving you and you only one last chance to admit that i was right, and that there are no ways we can steal the client's funds.
If you do it here and change my feedback to positive o neutral i will do the exact same thing

You are 100% absolutely wrong to claim that an API key can act as a Bitcoin private key. You can keep fucking around with your entitled rants if you want, that's not gonna change a thing as far as my feedback is concerned. I'll check back in a year or so to see if you've grown up. Have a good one.

If im wrong than wikipedia is wrong too.
Even in front of evidence you keep denying Grin

An api key can be anything, if you generate a "private api key" of an online wallet service that can act as private key as long it's enabled. A bitcoin private key is nothing else than a way to authenticate you as the owner of that wallet. An api key with full privileges (aka private api key) authenticates you as the owner of the account controlling the funds. Now why should be wrong to say that an api key can act a private key? it seems that you don't get the fact tha api keys are modular tools and can be shaped at will.

Quote from: CryptoSparks on September 19, 2019, 12:18:10 AM

Quote

An application programming interface key (API key) is a unique string of alphanumeric characters transmitted as part of an API request that authenticate the source of the API request. API keys can be of two types: Public API key and Private API key.
The API key often acts as both a unique identifier and a secret token for authentication, and will generally have a set of access rights on the API associated with it.

WIKIPEDIA

In very simple words, an API key identifies you on the service platform that generated the key. (instead of using email and password uses the key to log in)
An API key can be anything and do anything, simply because it depends on what kind of API generated it, but usually is used for remote access and data tracking.

Likewise crypto wallets, there are public and private API keys with the difference that API keys are more like tools that adapt based on your needs.
For example, if you want to give access at others to selected data/privileges, you simply need to create a Public API Key which authenticates them to access your account and do nothing more than what you allowed. On the contrary, if you want to give full privileges and access to all data , you would create a Private API Key, which of course should be for your use only.

Another important difference is that API KEYS can be disabled and enabled at will, which is something very handy.

API KEYS IN TRADING:

API Keys are very handy when trading, even if you are still trading in frontend, and know nothing about programming, you should always have a private key enabled and stored securely offline, just in case anything bad happens to the frontend of the exchange and you urgently need to entry/exit a trade or even worst you locked yourself out... having the API Key allows you to have a way back in the account via terminal.

Usually exchanges offer the following privileges settings for API Keys:
- Order ( you can create and cancel orders via key)
- Cancel (you can only cancel orders via key)
- ReadOnly ( you can only read unencrypted data, such as balance/trade history/orders/markets data via key but you can't interact with any)
- Withdraw ( you can send a withdrawal request which still needs to be confirmed via email)
- CIDR (useful for ip filtering , read more here)

API KEYS are also commonly used by big Brokers, Hedge Funds and Quant Shops to safely manage their clients' capitals.

How is it possible that a whole forum is watching 2 people fight over what should be a very basic concept , yet after DAYS, truth is yet to be accepted?

If in 24 hours no geek comes here to confirm that what i'm saying is 100% true, it means that the only users left in this cemetery are trolls, scammers and bounty hunters