Topic: Does anyone know of any good projects? (Read 2897 times)

Double quoted, also to add BitEscrow reported it to moderators wanting it removed as "personal information".

We have a crowd fund listed here: https://bitcoinstarter.com/projects/653 You can help us out by donating bitcoins, I would appreciate the financial help.

Frozen bit: A new take on cold storage. Your coins are stored offline independently from others, meaning your coins are always secure.

Link to Our Site: FrozenBit.io

Ever since I first reading about bitcoin in 2011 I've been obsessed with the possibilities of this. Just how much things can change, how much this would be for the better. Until recently.

Well, hello everyone. Over the last month after the gox (scam) hack, me and a team of developers have been masterfully crafting a solution to what happened at gox. We feel we've adequately found a solution. We've found a way to securely store coins OFFLINE without human error or intervention in the process getting in the way or compromising security. We've done it in a way that the private keys are neither stored client side or in the database, but offline in a separate server that their located in. (Protected by a PGP key)

Now you're probably thinking this is too good to be true? Well, I can tell you we've crafted the work around for this and found a way to mix security with accessibility. So lets review what the team of this wonderful bitcoin project has done. Use this to form your own conclusion on whether or not this is the most secure bitcoin wallet in the world.

Our main feature is, We've made it so EVERY USER GETS THEIR OWN COLD ADDRESS!

Our site will feature the following features:
1.) Instant Txt message alerts for every transactions.
2.) 2FA Authentication
3.) Individual Wallets
4.) In depth coin management
5.) 24/7 support
6.) Algorithmically calculated fees.

Now their is a downfall for not hosting stuff online. What we gain in security is changed for a lapse. The lapse is someone from our team has to manually "push" a withdrawal request. These requests will require you to verify by a pin sent to your phone that you did in fact do this withdrawal. Luckily someone is standing by to process this withdrawal.

Now guys, I know, let me repeat: I know, you don't believe me. That this isn't real, that it's a scam for bitcoins. I have no validation on your forum and I'm not going to insult your keen sense of ass hattery. This really is a service we are starting. Right now, we have back end developed, a VPS secured for blockchain confirmations, paying someone for graphics and an HTML coder. Those are all expenses coming right out of my pocket. I'm asking you to lend some assistance, I have listed some things down below I can offer. Costs add up quickly and I fear we may run out of funds, halting the project.


If you don't feel comfortable donating or need something resolved PM me, I can talk via skype. I'm sure you have questions, post them here or request my skype on the forum below.

I have more photos of the site being developed if you wish to see them.


Contact me :
Email: [email protected]
XMPP: [email protected]
skype: Ask me, I use this to tak to devs. and wouldn't want to be spammed.
Phone: Ask me, If this is what this takes to prove this is legit we can do that. It's a real number and not google talk either.
Twitter: https://twitter.com/FrozenBitIO


Lets not forget the site is: FrozenBit.io

It is live, but nothing it done for it yet! Ex. No homepage.

Bad idea.

HF:

mirror: http://imgur.com/oFUwxyE

Bad idea.

HF:

Simple. Post something nice on that bitcoin talk thread, Pm your name on btc and paypal address., I'll send you 10c, you can do it as many times as you like as long as the post looks good, and the accounts aren't all 0 activity. Larger activity accounts posting can earn .50c a post.

https://bitcointalksearch.org/topic/does-anyone-know-of-any-good-projects-527100

Well then prove it. Just saying it conflicted doesn't make it true.

Also truecrypt has not been code audited, I would suggest not using that in a production settings.

How is that a hypocritical statement? I invest in companies, I am blunt and have considerable wealth from a good trade on bitcoins. That is very similar to how he rose to his wealth.


Local clients aren't really malware prone... I have my client on openBSD so I am probably not going to get any malware. Plus it is used with internet but only for bitcoining.

You make multi copies of the paper wallet and you store it in many locations

Same with multi-sig you can store it in many different locations and use other copies.

I am not opening a business so why would they laugh at me? You do know all the hedge funds I worked at contacted me... I didn't contact them for the job, it was offered to me.


Encrypted with what? Your pgp key? Obviously something with your control, which means at some point between my browser and your server it isn't encrypted. Cloud hosting doesn't offer greater security it just good if you have scale really fast. So cloud hosting has no bearing on security of bitcoins. It is invalid point to this discussion.


Who you trusting with your database? The answer should be no one or heavy encrypted. It has an answer you just don't accept the answer.

Don't compare your company to facebook, that is like if I said I was the Lebron James of this forum. That would make no sense basketball has nothing to do with the programming. And facebook has no monetary risk.

Basically you are saying use us to keep your coins safer. What about paper wallets? What about not giving you full control of my coins? What about multi-sig addresses? What about local clients?


Go to them please they will laugh you out of the building. The first question they asked is what if they lose the bitcoins or they become unrecover, I said nothing. What if your company loses the private key or has a hard drive failure or someone steals your coins? The companies have no course of action.


I consulted at hedge funds. But if I can use an option that is 100% risk free which is what paper wallets and local clients are, then why choose a highly risk option?

Actually you could just use a public address, and the kids don't need the private key to that address. So right there I solved it and that is how many bitcoin POS systems will work. Bitcoin actually gives you this greater control over what people can take since it is push and not pull.

I am not saying no one will you use, it would be stupid to use a service like this. It is too much risk and you are selling on misinformation.

Yes but those services all have legal contracts and follow strict rules to hold those commodities. Also I have work with hedge funds to secure their bitcoin holdings and while legally I can't comment how I did it or what software was used. They didn't rely on a company they knew that wasn't how bitcoin works.

That puts it in a category of protection, as companies trading options or derivatives don't hold to commodity centrally they have a broker, or separate bank or service hold their assets knowing they can DO MORE TO PROTECT them.

I get that this probably isn't as useful for regular bit coin users but for companies this service could be invaluable!

Isn't this exactly like saying why would I store my coins on blockchain.info when I can run my own wallet?

Benefits include:
-No blockchain download (35gbs -.-)
-Access from any devices anywhere in the world
-no software to install or deal with

I get that this probably isn't as useful for regular bit coin users but for companies this service could be invaluable!

It allows you to deposit large amounts of bitcoins without reduced risk to theft and get most of the benefits of a hotwallet

or am I missing something here

Why would I want a third part to store my coins "offline" (and a server isn't offline) securely when I can do it myself with no counterparty risk?