Difference between revisions of "StrongCoin"

From Bitcoin Wiki
Jump to: navigation, search
(Reformat to be consistent with other articles. Add)
(Add caution about the service not supporting SSL requests.)
Line 1: Line 1:
 
This is a browser-wallet where the key-information is stored in the browser and can be accessed via JavaScript.
 
This is a browser-wallet where the key-information is stored in the browser and can be accessed via JavaScript.
 +
 +
<span style="color:red;">Note - the service is not (yet) protected with SSL and the user could potentially become victim of a [http://en.wikipedia.org/wiki/Man-in-the-middle_attack man-in-the-middle attack], particularly when using a wi-fi connection.</span>.
  
 
StrongCoin accounts are protected by a passphrase that is known only to the user and only an encrypted key for that password is stored with StrongCoin<ref>[http://bitcointalk.org/index.php?topic=36169.msg445905#msg445905 The Kindle, Bitcoin and client side address generation. (StrongCoin)]</ref>.  As such, if the passphrase is forgotten or lost, not even StrongCoin can help to recover the funds.  The service does provide the ability to print paper backups of the keys which can be re-imported and when doing so no passphrase is required.
 
StrongCoin accounts are protected by a passphrase that is known only to the user and only an encrypted key for that password is stored with StrongCoin<ref>[http://bitcointalk.org/index.php?topic=36169.msg445905#msg445905 The Kindle, Bitcoin and client side address generation. (StrongCoin)]</ref>.  As such, if the passphrase is forgotten or lost, not even StrongCoin can help to recover the funds.  The service does provide the ability to print paper backups of the keys which can be re-imported and when doing so no passphrase is required.

Revision as of 18:02, 4 October 2011

This is a browser-wallet where the key-information is stored in the browser and can be accessed via JavaScript.

Note - the service is not (yet) protected with SSL and the user could potentially become victim of a man-in-the-middle attack, particularly when using a wi-fi connection..

StrongCoin accounts are protected by a passphrase that is known only to the user and only an encrypted key for that password is stored with StrongCoin[1]. As such, if the passphrase is forgotten or lost, not even StrongCoin can help to recover the funds. The service does provide the ability to print paper backups of the keys which can be re-imported and when doing so no passphrase is required.

Interesting Features

Fees

  • StrongCoin adds 0.01 BTC per spend transaction.

External Links

References