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Quote from: Jeantheboy on August 08, 2017, 06:16:10 PM

Hello Sunerok and dev team,
I have a question about the TOR and I2P web wallets.
How does ownership work with these wallets? I mean: does using these online wallets mean that the holder is still absolute owner of the coins?
Please give insight on this. Thanks.

yes, we have no way of accessing user's coins. the seedphrase gives ownership to them. (it can be converted into a privatekey using a tool, https://vergecurrency.com/seedphrase/ )

Thanks. I mean the TOR web wallet at http://vcmlfg3fgsmy2teu.onion/.
Anyway, I guess this wallet, even if a TOR based one, should not be used because you don't really own your coins by using it. Is it correct?

yes that is correct, no web wallet should ever be used for long term storage. just like an exchange. temporary holding only. never ever keep your coins somewhere that you dont have the privatekey/seedphrase.

the tor and i2p web wallets are owned by the verge development team, but, they are not recommended for long term storage, by any means.

Which wallets do you recommend? Will you release an iOS soon?

shannen87

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