Topic: Hot Wallet server locked to only send BTC to your owned address's (Read 783 times)
You could use multisig for additional security / verification servers, but there is no foolproof way to lock a wallet to only send BTC to certain addresses.
March 12, 2013, 01:08:02 AM
If I wanted to set up a web-service that kept a live hotwallet with the ability to send bitcoin. How difficult would it be to set it up so that only stored address's (linked to a offline wallet) would be possible recipients?
It might sound like a weird request. but say I wanted to use bitcoin in a closed environment. (only between wallets I own) And thereby making it less likely to be compromised.
intruder would have have to first inject his own address then compromise the hot wallet system. I could easily have a secondary server that stores all the approved address's as a redundancy.
thoughts?
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