Quote from: Jake Humphrey on December 02, 2014, 04:27:41 AM

Quote from: desil on December 01, 2014, 10:42:42 PM

Quote from: comerciante on December 01, 2014, 06:28:46 PM

I'm using the web-wallet from cointopay for ICG but it would be neat to have more options later on.

Chedigital is currently working on a different approach towards a web-wallet platform by creating a "Brain-wallet app" which he proposed in his latest update.

Quote from: chedigital on November 09, 2014, 06:13:57 PM

Great update neutral, and thanks for all your hard work man! Transparency is great for all involved.

I have been away due to timelines at work shrinking, and having to jump on a few tasks that were unplanned. Therefore I have not be able to post at my usual pace. Below is a few updates on the state of the ICG web wallet development.

Update
The initial concept was to use a RABBITMQ cluster hosted locally with a live ICG node with actual hot coins, 4 boxes protected behind a firewall, and host the front end of the application in an outside network. While the web wallet approach allow us to roll out a system relatively quickly, its not in the best interest of the ICG community. A centralized web wallet becomes a huge security liability for the ICG community. If the main server were to be compromised all users could potentially loose their coins by any zero day exploit. Just look at all the exchanges that have become insolvent due to hacks or leaks [1].

Going forward, a simpler approach for all involved would be for us to develop a platform based on an offline brain wallet. A brain wallet with an offline app similar to keybase's warp wallet [2], an offline warp wallet that can run on all platforms will give users a secure way to store their coins without having to worry about a centralized server being comprised. A warp wallet approach will allow user to keep their private keys not the server. Everyone can sleep better a night,

. [3]

The above approach while more secure will impact our original timelines, so we will be regrouping resources Monday, and release a new updated timeline for a Warp/brain Wallet for ICG that runs on popular mobile platforms & desktop. We have a new member, that has been active on #ICG, who has been helping us organize the development process, and documentation. Anyone else that wants to help, please join us at #ICG, stop by and join the conversation.

[1] https://bitcointalk.org/index.php?topic=83794.0 http://www.theguardian.com/technology/2014/mar/18/history-of-bitcoin-hacks-alternative-currency
[2] https://keybase.io/warp/
[3] http://maxtaco.github.io/bitcoin/2014/01/16/how-jason-bourne-stores-his-bitcoin/

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Sounds interesting. The Brain wallet app idea should allow for a more decentralized and secure process of storing ICG.

It wouldn't be a bad idea to make both a web-wallet and brain wallet app to give users different levels of security and convenience based on their preferences.