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Topic: During all this fear about the 51% you missed......... - page 3. (Read 4500 times)

newbie
Activity: 29
Merit: 0
new user raisig this? no thanx!

Post count is just a number.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
new user raisig this? no thanx!
legendary
Activity: 4424
Merit: 4794
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 Since user wallets are generated in browser so that's not the case. That would be like the starbucks employees explaining it's whole system to you every time all you wanted to do was buy a coffee. That's our inspiration comes from, the need for simplicity, security and the ability to do things in that light (multisig). That's why we are trying to make multisig so simple you won't even need a tutorial. One stop, done little to zero technicals anyway the most attractive things are the simplest. Don't forget the project is open-source so you can see what's going on.

EDIT: My promise to you is bitcoin is expanding from a niche, into the real world. It can only be "real" money when you make is so simple people can't spin the facts on it.

 -Calvin, CEO Frozen Bit

the thing i see is that people have lazy passwords. and if your using multisig and 2 factor.. why not be simple and just have the privkey as the persons password
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
when is it launching? cant wait to try it

 End june- Mid July we are shooting for. Our announcement will be on Thursday for the official information on us (and a video).

 I will note that the RWES will not be done by then. We are innovating that from scratch, I think you guys will love it.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
when is it launching? cant wait to try it
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
--------------------------------------------

 Since user wallets are generated in browser so that's not the case. That would be like the starbucks employees explaining it's whole system to you every time all you wanted to do was buy a coffee. That's our inspiration comes from, the need for simplicity, security and the ability to do things in that light (multisig). That's why we are trying to make multisig so simple you won't even need a tutorial. One stop, done little to zero technicals anyway the most attractive things are the simplest. Don't forget the project is open-source so you can see what's going on.

EDIT: My promise to you is bitcoin is expanding from a niche, into the real world. It can only be "real" money when you make is so simple people can't spin the facts on it.

 -Calvin, CEO Frozen Bit
legendary
Activity: 4424
Merit: 4794

I'm sure not everyone would want to go through that process for every transaction, or know how to for that reason for an average user like me. As the Bitcoin community goes that will include not so tech savy people too, so us not so tech savy people can have top of the line security without responsibility on us.

typing in a username and a large entropy password (for security) and then typing/scanning a destination address. takes the same physical time and process as typing in /scanning 3 QR codes/priv-public keys
newbie
Activity: 29
Merit: 0
all that is needed is services or even simple code to make a signed TX.. then the only thing that is needed to do online is PUSHTX

EG

if i input a privkey(from my paper wallet), a destination public key, and an amount to send. the opensource javascript (no server side processing) forms the TX and then puts it into a textbox or variable. which then can be sent to multiple relays such as blockchain.info and mining pool nodes

that way people dont need to have accounts and pre-deposited funds in third parties. they dont need usernames or passwords. all they need is their privkey, and 2 destination addresses (1 for recipient, 1 for change address)

I'm sure not everyone would want to go through that process for every transaction, or know how to for that reason for an average user like me. As the Bitcoin community goes that will include not so tech savy people too, so us not so tech savy people can have top of the line security without responsibility on us.
legendary
Activity: 4424
Merit: 4794
we dont need multiple third party wallets

all that is needed is services or even simple code to make a signed TX.. then the only thing that is needed to do online is PUSHTX

EG

if i input a privkey(from my paper wallet), a destination public key, and an amount to send. the opensource javascript (no server side processing) forms the TX and then puts it into a textbox or variable. which then can be sent to multiple relays such as blockchain.info and mining pool nodes

that way people dont need to have accounts and pre-deposited funds in third parties. they dont need usernames or passwords. all they need is their privkey, and 2 destination addresses (1 for recipient, 1 for change address).

i know alot of people will shout "but its harder to type in a privkey, than a password" and my answer is that if you are using a third party service with crap entropy (short and easy) then you dont deserve to have bitcoins
newbie
Activity: 35
Merit: 0
looks cool but it didnt launch yet.

 I know, but wow the release is something to look forward too! It's been so long since someone has listened to the bitcoin community.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
looks cool but it didnt launch yet.
newbie
Activity: 35
Merit: 0
  You may of missed this pre-announcement from this completely open-source multisignature bitcoin wallet provider. They're owners are public, and you control your own keys! They're even developing a way for true escrow situations where people need to trustlessly control bitcoins. (RWES)

You can find it here: https://bitcointalksearch.org/topic/fund-raiser-frozenbit-multi-currency-multisignature-open-source-wallet-673533


----

 Thanks for your question, and nice job on apicoin! The project is run by Calvin, he's a great guy who's worked to actually build a system, and incorporate multisignature addresses (Open Source). He's also work to establish offices in CA and an awareness for multisignature addresses. If it makes you feel any better send him me, or any member of the team an email.


 Some features that can be trustlessly proven to protect users are:

  • 2 FA
  • User generated Encrypted Wallets, (Generated in browser)[TSL]
  • Multisignature Wallets
  • RWES(To be rolled out)
  • P2SH
  • BIP 71

 Seeing as you're a developer , I'm sure calvin would even be willing to show you some of the detailed code in the project as It's planned to be open source. We'd love to see what we can do to incorporate frozenbit even further especially in other game changing projects such as yours.

You can reach calvin here: [email protected]

EDIT: Thanks for the time gweedo! I appreciated the swift and prompt email.
 
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