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Topic: 2012-04-26 Be Your Own Bank: Bitcoin Wallet for Apple (Read 2422 times)

donator
Activity: 826
Merit: 1039
you can ... even mine on mobile devices (although I don't know if phones reach kH/s)
Since you asked: The Nokia N900 phone has a 600MHz processor and mines at 130 kHash/s.
legendary
Activity: 1862
Merit: 1105
WalletScrutiny.com
Ok, interesting. Very interesting for the advertisement this is doing but on the fact that you don't need an intermediary ... how is blockchain.info not an intermediary? Yes, with bitcoin, you can run your own top level (in the sense that there is no higher authority) piece of banking infrastructure on your phone as you can both run a full client (schildbach) and even mine on mobile devices (although I don't know if phones reach kH/s) but this is not what this app does. Welcome, blockchain.info is your bank.

Blockchain.info is an intermediary but the User is not dependant on it. You remain the only person who can access your wallet and as long as you keep a backup are free to move your keys to a different client at anytime.

It's a centralised interface for convenience with the ability to fall back to the decentralised network if need be.


Ok, you have a JS wallet that does not send you the priv keys. For the iPhone client do you also not have access to the private keys?? If so, I apologize for my quick reply.
I already knew you are very flexible exporting and importing keys (although I don't understand why I would want to export keys from an online service as moving away would also mean not to use secrets I shared with the entity I'm leaving) but I thought the only full-blown mobile client was the Schildbach client for Android and that has its limitations when it comes to poor connectivity.

So you don't download the block chain, share the public keys with the server and ask the server for incoming payments and to relay outgoing payments?
donator
Activity: 544
Merit: 500
Ok, interesting. Very interesting for the advertisement this is doing but on the fact that you don't need an intermediary ... how is blockchain.info not an intermediary? Yes, with bitcoin, you can run your own top level (in the sense that there is no higher authority) piece of banking infrastructure on your phone as you can both run a full client (schildbach) and even mine on mobile devices (although I don't know if phones reach kH/s) but this is not what this app does. Welcome, blockchain.info is your bank.
Blockchain.info is only providing infrastructure, it does not hold your Bitcoins. If blockchain.info goes defunct or for some other reason decides not to provide you with the infrastructure anymore, you can import the keys into another app. Blockchain.info is more like a manufacturer of PoS terminals than your bank.
hero member
Activity: 910
Merit: 1005
Ok, interesting. Very interesting for the advertisement this is doing but on the fact that you don't need an intermediary ... how is blockchain.info not an intermediary? Yes, with bitcoin, you can run your own top level (in the sense that there is no higher authority) piece of banking infrastructure on your phone as you can both run a full client (schildbach) and even mine on mobile devices (although I don't know if phones reach kH/s) but this is not what this app does. Welcome, blockchain.info is your bank.

Blockchain.info is an intermediary but the User is not dependant on it. You remain the only person who can access your wallet and as long as you keep a backup are free to move your keys to a different client at anytime.

It's a centralised interface for convenience with the ability to fall back to the decentralised network if need be.
legendary
Activity: 1862
Merit: 1105
WalletScrutiny.com
Ok, interesting. Very interesting for the advertisement this is doing but on the fact that you don't need an intermediary ... how is blockchain.info not an intermediary? Yes, with bitcoin, you can run your own top level (in the sense that there is no higher authority) piece of banking infrastructure on your phone as you can both run a full client (schildbach) and even mine on mobile devices (although I don't know if phones reach kH/s) but this is not what this app does. Welcome, blockchain.info is your bank.
legendary
Activity: 1050
Merit: 1000
You are WRONG!
Quote
Be Your Own Bank: Bitcoin Wallet for Apple

4/26/2012 @ 6:42AM Jon Matonis

Have you ever wanted to be your own bank? There’s an app for that. With the new Blockchain bitcoin wallet for Apple’s iPhone, iPad, and iPod touch, anyone can emulate the functionality of a bank. [...]

http://www.forbes.com/sites/jonmatonis/2012/04/26/be-your-own-bank-bitcoin-wallet-for-apple/
wut? its first when you can do it on a sucky apple device, when they get it?
full member
Activity: 140
Merit: 100
Quote
Be Your Own Bank: Bitcoin Wallet for Apple

4/26/2012 @ 6:42AM Jon Matonis

Have you ever wanted to be your own bank? There’s an app for that. With the new Blockchain bitcoin wallet for Apple’s iPhone, iPad, and iPod touch, anyone can emulate the functionality of a bank. [...]

http://www.forbes.com/sites/jonmatonis/2012/04/26/be-your-own-bank-bitcoin-wallet-for-apple/
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