Post
Topic
Board Announcements (Altcoins)
Re: Web Wallet
by
eatthetree3
on 07/11/2014, 22:44:08 UTC
Web Wallet

We are considering creating a web wallet for HyperStake (like blockchain.info or coinbase).
Why (in no particular order)?
  • as always with HyperStake, experimenting!
  • first-mover/innovation (and probably at least short-term price rise, even though volume matters more than price). There is no PoS webwallet in existence.
  • wider adoption. The demand for cloud services providing a seamless experience (no risk of HDD crash, no requirements for 24/7 stacking on computer or Raspi, no setup...) would encourage people to have HYP.
  • also, but not sure, the code could be reused for the HTML5 wallet that would come later (and could make Android staking wallet easier).
  • finally, it would integrate nicely with HyperPool. It would really be cloud and green mining!

Things to take into consideration:
  • high security.
  • high availability (hence, scalability).
  • long-term funding.
  • webwallets are by design less secure than cold storage of your own wallet (but less prone to PEBKAC, too).
  • webwallets are less decentralised.
  • the webwallet might not stake, especially at the beginning.


Everyone interested, please join http://hyperstake.slack.com/messages/webwallet (and read http://hyperstake.slack.com/messages/beginners-tips first). You only have to PM me an email address (may be a disposable one, as long as you remember the password)


Would be very cool. This would be a game changer.