I'm happy to announce that the team at
bitcoin-central.net (the first open source bitcoin forex) is going to take over instawallet.org as of Monday next week!
Davout and his colleagues are highly motivated to maintain the free service available at instawallet.org since they believe it’s a great way to demonstrate the usability of the technology. I am happy that Instawallet has found a new home and that I can entrust it into the hands of such a capable team.
I understand that, following this acquisition, they will be announcing soon some new exciting bitcoin developments they have been working on for the past few months.
Meanwhile you can use the service, deposit or withdraw, as you see fit. Please note though, that the site's performance might be a little spotty with occasional downtime over the next couple of days as we are performing the transfer. After that it should perform much better again.
For those who may not be familiar yet with Instawallet (launched in April 2011), here is a reminder of the original announcement:
https://www.instawallet.org is an online wallet service which requires no signup. When you browse to the website, a secret link is created for you, which is the only way to access your wallet.
This service is mostly targeted towards people who are curious about Bitcoin and want to give it a try. These people often don't want to download software (the Bitcoin client) or even sign up for a new website. Here they can try out Bitcoin without having to jump through any of these hoops.
To that end I have tried to keep everything very speedy. The balance auto-updates as soon as you receive a transaction. You can get your first 0.05 BTC from a friend and donate it to the EFF in a matter of seconds.
