Finishing up the hypergg wallet for alpha testing. Should be ready soon! A lot of design changes will occur during the alpha stage while user testing is in progress. Testers will receive an attractive amount of HYPER for finding bugs or having suggestions!
First suggestion: give Ranlo tons of free HYPER!
. I look forward to checking it out! Can you please explain a bit about the security side of the system? As you know, many online wallets have been hacked. What has been done to reduce the chances here?
Below are two posts that may help answer your question:
It is not only more secure but also more efficient than a desktop wallet. Here are some of the reasons:
- a desktop wallet usually has many outside connections, and there are many services running on your computer that communicate through the web. This is a risk which is eliminated for the web wallet. The web wallet is hosted where no extraneous outside connections can connect to it, thus being "cold".
- a desktop wallet is usually not backed up automatically, so when your hard drive crashes, you risk losing your HYPER. The web wallet is backed up automatically many times a day on a machine that is solely dedicated to running the instance.
- a desktop wallet takes up resources on your computer as you run it to stake. Every desktop wallet that is running creates resource expenditure. Not only can it make your desktop more prone to crashing, but it could cost you a higher electricity bill since if you want to stake daily with all your inputs, you may have to leave your computer on constantly while the desktop wallet runs in the background. The web wallet stakes for you without you having the need to run any wallet on your machine(s).
- a desktop wallet does not obfuscate your transactions, while this web wallet will, so someone diving into the blockchain will be unable to tell where you spend your HYPER.
Every time you use your computer where you store your desktop wallet, you risk getting your computer compromised by keyloggers, malware, and hackers. A web wallet improves the security in this regard and moreso when considering you have to leave your desktop wallet open to stake. Of course, you are welcome and encouraged to run your own desktop wallet. And personally, I feel most if not all computer users who are comfortable using a computer or browsing online will have no trouble being careful, and nothing is likely to happen. But, it's still a risk regardless.
There are 4 important factors to this wallet that is different from the desktop wallet:
- Easy and fast to use, simple to understand, quick to get started, and can be used on any machine or mobile device without any downloads/installations.
- Anonymous transactions on the blockchain. Your transactions are obfuscated, so no one can tell where and when you spend your coins.
- No energy and resources are used by your computers when running the wallet or earning stakes. Users earn guaranteed stakes daily.
- Users can send HYPER and messages to other users with zero transaction fees.
The hypergg web wallet will be very secure, and it is a top priority. Many other web wallets aren't build with the focus that is outlined above. For example, the hypergg web wallet uses multiple servers with the wallet server being "cold" from any outside connections (besides RPC and a database connection to perform blockchain-related commands and sync with the data that is used by the web server), thus can't be hacked remotely. The wallet server is not only separate from the web server, but the web connections and RPC are all protected with SSL. Data in the database are also encrypted, so even if someone gains access to it, he/she can't get anything useful out of it. In addition, the hypergg web wallet has the added benefit of protecting your identity by masking the transactions that you make, keeping your spending history anonymous.
Hope that helps!
Wait and see...
