Author

Topic: Can sites like Blockchain.info be held legaly responsible (Read 607 times)

legendary
Activity: 2506
Merit: 1010
They skim fee's

They do?
[Update: Oh, ... if you mark the checkbox to have a "shared" transaction, which improves privacy, there is a fee.   Otherwise, the fee that is paid goes to the miner of the transaction, not Blockchain.info.]
legendary
Activity: 1372
Merit: 1000
Well it is a lot to trust them with thats why you should have a desk top based wallet
sr. member
Activity: 295
Merit: 250
Blockchain.info's design (javascript in the browser to decrypt a wallet file, plus open source js code) should mean the site operators can't access your wallet or spend your bitcoins. Throw in two-factor auth and a second password for spending (or paper wallets) and you're most safe against the operators.

Other sites may vary though. Plus you're still open to trojans on your pc/phone/etc.
newbie
Activity: 28
Merit: 0
They skim fee's and make more of legitimate usage than they ever could by ripping people off
member
Activity: 464
Merit: 29
Hey guys, i am just wondering, i know that sites like blockchain.info  that hold people wallet and info. I am just wondering, is there anything that is stoping them from taking peoples bitcoins and selling them and making millions?
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