Bitamp Bitcoin Web Wallet - Send & Receive Bitcoin Instantly! - page 27.

bitampcom

member

Activity: 314

Merit: 17

Quote from: clownisme on June 30, 2020, 09:48:04 PM

Suppose, someone trying to access into my wallet so is there any security measure to send email or any notification instantly to me? I know some of the wallet provides this security alarming issue which is very useful to every users.

That is not a security function. The whole idea of asking you, and only you, to have access to your own Bitcoin is the highest possible security feature of Bitcoin.

If there is a way to send you your email or notification, then that means we have to store this information somewhere on our server, which means someone could possibly hack it (or we could use it).

We don't keep any information of yours.

That's the double-edged sword of being 100% responsible for your own Bitcoin:)

clownisme

jr. member

Activity: 175

Merit: 1

Suppose, someone trying to access into my wallet so is there any security measure to send email or any notification instantly to me? I know some of the wallet provides this security alarming issue which is very useful to every users.

bitampcom

member

Activity: 314

Merit: 17

Quote from: latumac1 on June 29, 2020, 09:26:19 PM

For me, A paper wallet is always favourite because of having a secure storage facilities, though in this system your private keys have to be written down so there is less chance to get hacked, but day by day web based wallet is becoming more popular than paper wallet.

Paper wallets aren't really a favorite, and their major disadvantage is that they cannot survive the environment if not stored properly. Even if locked securely within a safe, you could still get water damage, heat damage. Paper simply isn't something that survives very well without good storage conditions.

latumac1

newbie

Activity: 18

Merit: 1

Quote from: asensio22 on June 27, 2020, 10:02:37 PM

people recommended that web based wallet is only for the small amount of Bitcoin and other cryptocurrencies for the short term period, but for the long run, hardware or paper wallet. how do you think about this issue?

For me, A paper wallet is always favourite because of having a secure storage facilities, though in this system your private keys have to be written down so there is less chance to get hacked, but day by day web based wallet is becoming more popular than paper wallet.

bitampcom

member

Activity: 314

Merit: 17

Quote from: asensio22 on June 28, 2020, 10:52:57 PM

Basically I used to get in touch most of all the invented system, like web wallet/desktop wallet and Paper wallet but I haven't got any significant issue while I using these method rather than security measures. that's why I like to take this way which doesn't need to submit my private keys.

We totally get you, and as we said above, if you've got a fortune, you shouldn't need to keep accessing it all the time. But if you have a "hot wallet" of maybe $50 or $100 that you'll often use, you really don't want to keep jacking in to your hardware wallet all the time. Especially not in public! A mobile phone app or browser like ours should be all you ever need.

asensio22

jr. member

Activity: 118

Merit: 1

Quote from: bitampcom on June 28, 2020, 10:17:40 AM

Being objective, we'd have to agree. Our wallet was designed for newcomers, so it's easy, quick, and accessible, without compromising the need to ensure only users have their private keys. Typically, when you need a wallet that's convenient to access, it's so you can send and receive payments all the time. So perfect for smaller balances that you need to access all the time, on the go.

Anyone with significant wealth should really invest in ultra secure storage, and shouldn't need to access it all of the time!

Basically I used to get in touch most of all the invented system, like web wallet/desktop wallet and Paper wallet but I haven't got any significant issue while I using these method rather than security measures. that's why I like to take this way which doesn't need to submit my private keys.

bitampcom

member

Activity: 314

Merit: 17

Quote from: asensio22 on June 27, 2020, 10:02:37 PM

people recommended that web based wallet is only for the small amount of Bitcoin and other cryptocurrencies for the short term period, but for the long run, hardware or paper wallet. how do you think about this issue?

Being objective, we'd have to agree. Our wallet was designed for newcomers, so it's easy, quick, and accessible, without compromising the need to ensure only users have their private keys. Typically, when you need a wallet that's convenient to access, it's so you can send and receive payments all the time. So perfect for smaller balances that you need to access all the time, on the go.

Anyone with significant wealth should really invest in ultra secure storage, and shouldn't need to access it all of the time!

asensio22

jr. member

Activity: 118

Merit: 1

people recommended that web based wallet is only for the small amount of Bitcoin and other cryptocurrencies for the short term period, but for the long run, hardware or paper wallet. how do you think about this issue?

bitampcom

member

Activity: 314

Merit: 17

Quote from: OcTradism on June 26, 2020, 01:14:06 PM

The Bitamp wallet provides a nearly similar wallet like Myetherwallet, from what I see by visiting the site.

Would you mind sharing more about the truth behind the scene, please.

Your service claims that everything with create, log in wallet are stored on browser, device, not on the Bitamp wesbite but I am curious and would like to know that how to know the claim is true?

I only want to know about a technical issue, that is the same as probably fair on casinos. If you can help, please do it.

Thank you.

We are an open source project, with out source code fully available on Github. You are welcome at any time to examine this and find out for yourself about the technical issues you wish to confirm for yourself.

If there is a specific technical question, feel free to ask it yourself and we will forward it to our dev.

Quote from: kaleid on June 27, 2020, 12:44:33 AM

It's nice to find a good web wallet where private keys, seeds and other identification doesn't require to maintain a wallet that's why security issue couldn't be a major thing is this system, Hope to work with Bitamp very soon.

We appreciate constructive comments, but not less than that, please try to be more specific or helpful with your comment, thank you!

kaleid

newbie

Activity: 26

Merit: 1

It's nice to find a good web wallet where private keys, seeds and other identification doesn't require to maintain a wallet that's why security issue couldn't be a major thing is this system, Hope to work with Bitamp very soon.

OcTradism

hero member

Activity: 1722

Merit: 801

The Bitamp wallet provides a nearly similar wallet like Myetherwallet, from what I see by visiting the site.

Would you mind sharing more about the truth behind the scene, please.

Your service claims that everything with create, log in wallet are stored on browser, device, not on the Bitamp wesbite but I am curious and would like to know that how to know the claim is true?

I only want to know about a technical issue, that is the same as probably fair on casinos. If you can help, please do it.

Thank you.

bitampcom

member

Activity: 314

Merit: 17

Quote from: btcltcdigger on June 25, 2020, 04:15:38 AM

Have you considered integrating some sort of mixer whenever funds are being sent?

Interesting idea, we are looking at other developments first, targeted at user-friendliness (Lightning being one) but for sure, more features to enhance or add layers of privacy are always in consideration, though with a small team, could be really difficult to do everything! I would say also that looking at Samourai and similar, there doesn't seem to be much demand anyway?

Quote from: clownisme on June 25, 2020, 09:51:24 PM

Will Bitamp allow to use multiple account? I have seen a lot of wallet where they allow to manage multiple account regarding Bitcoin sending or receiving purpose.

As many as you wish. We provide a way for you to create wallets, not accounts. So in that sense, you can create as many as you're able to manage.

clownisme

jr. member

Activity: 175

Merit: 1

Will Bitamp allow to use multiple account? I have seen a lot of wallet where they allow to manage multiple account regarding Bitcoin sending or receiving purpose.

btcltcdigger

hero member

Activity: 1974

Merit: 756

To boldly go where no rabbit has gone before...

Have you considered integrating some sort of mixer whenever funds are being sent?

bitampcom

member

Activity: 314

Merit: 17

Quote from: khudro on June 24, 2020, 09:51:26 PM

That sounds good, When security is the main concern then people must prefer to this Bitamp for sending and receiving their Bitcoin Instantly, that's how they could manage their worthy Bitcoin without any hesitation.

Security is always the main concern, but unfortunately, your bitcoin is never as secure as you think it is when you're trusting a closed source online wallet that does not let you control your bitcoin. Exchanges and websites have been known to get hacked and people have lost everything when that happens. Worse still, an exit scam could take your funds in the blink of an eye.

khudro

jr. member

Activity: 159

Merit: 1

Quote from: bitampcom on June 24, 2020, 12:22:28 PM

Well, to be perfectly fair, our wallet simply means all that sensitive data stays on the client side, so you never send US anything. But any kind of web-based service is at risk IF the client's own device or browser is compromised -- but that said, we're all about convenience and ease of use for the newbie Bitcoin user, and using a browser means sacrificing that bit of security.

That sounds good, When security is the main concern then people must prefer to this Bitamp for sending and receiving their Bitcoin Instantly, that's how they could manage their worthy Bitcoin without any hesitation.

bitampcom

member

Activity: 314

Merit: 17

Quote from: khudro on June 23, 2020, 08:55:05 PM

Generally web based wallet's main issue is the utmost security and there are many ways of stealing your password, user name and keyword even your 2FA access to your web based wallet, in this sense Bitamp has done a tremendous job by making this one where no need to store your such valuable but risky information. That's why it is very much potential to me.

Well, to be perfectly fair, our wallet simply means all that sensitive data stays on the client side, so you never send US anything. But any kind of web-based service is at risk IF the client's own device or browser is compromised -- but that said, we're all about convenience and ease of use for the newbie Bitcoin user, and using a browser means sacrificing that bit of security.

slidexman

newbie

Activity: 14

Merit: 0

Quote from: khudro on June 23, 2020, 08:55:05 PM

Generally web based wallet's main issue is the utmost security and there are many ways of stealing your password, user name and keyword even your 2FA access to your web based wallet, in this sense Bitamp has done a tremendous job by making this one where no need to store your such valuable but risky information. That's why it is very much potential to me.

of course it is, Bitamp is doesn't like any other existing web wallet based on my perception, I think they have Brough to us a improvised system and it seems to be more secured than any other, that's the thing people like for their purpose.

khudro

jr. member

Activity: 159

Merit: 1

Generally web based wallet's main issue is the utmost security and there are many ways of stealing your password, user name and keyword even your 2FA access to your web based wallet, in this sense Bitamp has done a tremendous job by making this one where no need to store your such valuable but risky information. That's why it is very much potential to me.

bitampcom

member

Activity: 314

Merit: 17

Quote from: lucas18 on June 22, 2020, 10:40:41 PM

So far I have gone through to this Bitamp Wallet, It's enough secure and user friendly to me, not only that but also you have got a good platform where your security is basically at your's hand, you don't have to submit any Seeds, Private Keys, or any other address, That's why It's reliable along with dependable.

That really is and should be the whole point of any kind of Bitcoin wallet. Of course, some people would still prefer to have their accounts recoverable by email or some other way, but then you miss out on the whole beauty of Bitcoin otherwise (which is to retain sole control of your own money!).

Topic: Bitamp Bitcoin Web Wallet - Send & Receive Bitcoin Instantly! - page 27. (Read 13557 times)