Post
Topic
Board Service Announcements
Re: Bitamp Bitcoin Web Wallet - Send & Receive Bitcoin Instantly!
by
latumac1
on 12/06/2020, 11:04:54 UTC
1. Most people don't like web wallets because they are so prone to phishing attacks unlike software versions (For example MEW which started out as a web based ether wallet is one of the crypto related websites that has the largest phishing attacks, and they are trying to move away from the web based wallet. In fact, they don't encourage people to log in using Private Keys, Seed phrases or Keystore files). Do you have any plans to creating a  software wallet?

2. You should encourage people to generate their seeds offline using your wallet (it's a more secure way) just in case someone is watching since your wallet is browser based... It could be a malicious extension on the browser of the person trying to create a wallet. This should be in the instructions just before someone generates a seed or login

3.  I was also not able to log into your wallet offline which make it less secure. Again, pick a leaf from MyEtherwallet: https://www.myetherwallet.com/access-my-wallet
https://i.imgur.com/OMBQs1f.png

Yes, I agree with you to some extend, because of having a light system of this type of web wallet people are getting afraid of storing their valuable crypto so this should be more stronger than existing system for the purpose of providing more security.