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Topic: Idea: e-mail bitcoins (Read 3160 times)

sr. member
Activity: 336
Merit: 250
October 07, 2011, 08:24:09 AM
#28
BTCinch.com offers this service and it works REALLY well.  OP - PM me and I'll send you .1 bitcoins to show you.

This site is running off a wordpress backend that you have removed all copyright statements from. I'm pretty sure that's a violation of their open-source license. I could be wrong, but it's besides the point. Wordpress is blogging software, it's not designed for the purpose you are going to use it for. If you are going to set up a secure, trustworthy e-wallet, you're going to have to do better job at programming it than modifying and tinkering around with an open-source wordpress blogging CMS.

BTCinch.com uses wordpress as a base upon which to build, because it is a solid structure. We comply fully with the requirements of the GPL 2 license on which it is released. We've implemented literally dozens of security fixes, which we intend to contribute back to the community. These fixes, along with the contributions of a multitude of coders, make BTCinch.com quite secure. We believe that the efforts of a global community can far outstrip the efforts of an individual or small group. What's more, no bank info or bitcoins are stored on the web server. This is, in our opinion, basic security for a bitcoin business. That isn't really the point, though.

The bottom line is: if you have a problem with open source software, I'd recommend reassessing your participation in bitcoin.

I don't have a problem with open source software whatsoever.

My point was that an e-wallet service should not be using blogging/publishing software as their frontend, because this is not what wordpress is designed for. I know it can be customized, but it does not inspire much trust in an intermediary if their business does not have the technical and programming proficiency to create a system of their own, without the need to use third-party frontends.

Wordpress is a fantastic CMS, but it not designed to be used for the purpose of facilitating a secure e-wallet platform.
I'm sure your site is safe, however, I would not trust my money with such a service.
newbie
Activity: 56
Merit: 0
October 02, 2011, 04:57:44 PM
#27
I don't think that's an appropriate use of URIs.  Why not use a document?
A URI is an identifier - in this case identifying some unclaimed bitcoins, and giving you the means to claim them.

A document isn't as convenient as a URI in some situations. To use a URI from an SMS, you just click on it. From an SMS there isn't any simple integration for documents.

I like the idea of putting the information in a document as well. Documents would work for sending bitcoin by email or downloading it from a webpage.
newbie
Activity: 29
Merit: 0
September 24, 2011, 03:22:39 PM
#26
I don't think that's an appropriate use of URIs.  Why not use a document?
newbie
Activity: 56
Merit: 0
September 24, 2011, 02:15:24 PM
#25
See my recent post on Bitcoin URIs - it enables this.

https://bitcointalksearch.org/topic/bitcoin-uris-45512
sr. member
Activity: 316
Merit: 250
September 21, 2011, 06:50:00 PM
#24
BTCinch.com offers this service and it works REALLY well.  OP - PM me and I'll send you .1 bitcoins to show you.

This site is running off a wordpress backend that you have removed all copyright statements from. I'm pretty sure that's a violation of their open-source license. I could be wrong, but it's besides the point. Wordpress is blogging software, it's not designed for the purpose you are going to use it for. If you are going to set up a secure, trustworthy e-wallet, you're going to have to do better job at programming it than modifying and tinkering around with an open-source wordpress blogging CMS.

BTCinch.com uses wordpress as a base upon which to build, because it is a solid structure. We comply fully with the requirements of the GPL 2 license on which it is released. We've implemented literally dozens of security fixes, which we intend to contribute back to the community. These fixes, along with the contributions of a multitude of coders, make BTCinch.com quite secure. We believe that the efforts of a global community can far outstrip the efforts of an individual or small group. What's more, no bank info or bitcoins are stored on the web server. This is, in our opinion, basic security for a bitcoin business. That isn't really the point, though.

The bottom line is: if you have a problem with open source software, I'd recommend reassessing your participation in bitcoin.

hero member
Activity: 742
Merit: 500
September 19, 2011, 10:37:06 PM
#23
Sending wallet.dat may be good enough only if you know for sure that the recipient doesn't have his own wallet yet. Otherwise it would be more difficult to reclaim those coins.
newbie
Activity: 29
Merit: 0
September 17, 2011, 06:10:03 AM
#22
Cut out the middle man. Hey mom, I encrypted this bitcoin private key with your PGP. Decrypt it and use the import key utility built into bitcoin v1.2.04.

I like this.  Richard Rahl, it doesn't have to be any harder than "after you download and install Bitcoin, open the attached Bitcoins" (Content-Type: application/bitcoin-privkey-transfer [hypothetical]).

Encryption with PGP is complementary and composes nicely into the whole MIME hierarchy.  Forget about PGP for $10 worth of Bitcoins to Mom, but for a $10000 transfer, you bet.

Some discussion on key export formats:

sr. member
Activity: 336
Merit: 250
September 14, 2011, 11:14:58 PM
#21
BTCinch.com offers this service and it works REALLY well.  OP - PM me and I'll send you .1 bitcoins to show you.

This site is running off a wordpress backend that you have removed all copyright statements from. I'm pretty sure that's a violation of their open-source license. I could be wrong, but it's besides the point. Wordpress is blogging software, it's not designed for the purpose you are going to use it for. If you are going to set up a secure, trustworthy e-wallet, you're going to have to do better job at programming it than modifying and tinkering around with an open-source wordpress blogging CMS.
newbie
Activity: 56
Merit: 0
September 14, 2011, 08:53:01 PM
#20
Here is a Bitcoin for you, just go to https://www.instawallet.org/w/to_mom_with_love_elwar

You have the same problem ...  anyone sniffing email for "instawallet" URLs can access and spend that money long before Mom even knows there's an email.

Most people use webmail and webmail only. Companies are mainly the ones who use POP3/SMTP/IMAP and they have plenty of security up.

Problem solved.

There is PLENTY of very valuable email going around the world constantly. Politicians, Bankers, high profile companies, etc. etc. Even if someone didn't go after those people, there would be more than enough Chinese Gold Farmers out there looking to cash in on WoW Password resets for it to make the big time news and become a major problem.  ($3bil USD/yr business)

Need to hack an account? NO PROBLEM! Request a password reset and setup a sniffer on the victim's email. Done and done.
Fortunately, it doesn't work like that.

HOWEVER
http://i51.tinypic.com/33af3bt.jpg
I think this is of a bigger concern.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
September 14, 2011, 08:32:40 PM
#19
BTCinch.com offers this service and it works REALLY well.  OP - PM me and I'll send you .1 bitcoins to show you.
legendary
Activity: 2506
Merit: 1010
September 14, 2011, 02:58:49 PM
#18
Here is a Bitcoin for you, just go to https://www.instawallet.org/w/to_mom_with_love_elwar

You have the same problem ...  anyone sniffing email for "instawallet" URLs can access and spend that money long before Mom even knows there's an email.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
September 14, 2011, 10:50:47 AM
#17

How about;

Mom,

I found this incredible site on line to send and receive money.

Here is a Bitcoin for you, just go to https://www.instawallet.org/w/to_mom_with_love_elwar

Read all about it at http://www.bitcoin.org/ for more details on Bitcoin.

Love,

Elwar


Hamburger

I have not seen instawallet. Sounds like a pretty decent solution.
full member
Activity: 241
Merit: 107
September 14, 2011, 08:55:52 AM
#16

How about;

Mom,

I found this incredible site on line to send and receive money.

Here is a Bitcoin for you, just go to https://www.instawallet.org/w/to_mom_with_love_elwar

Read all about it at http://www.bitcoin.org/ for more details on Bitcoin.

Love,

Elwar


Hamburger
newbie
Activity: 56
Merit: 0
September 13, 2011, 07:55:14 PM
#15
Cutting out the middle man wouldn't work.

"hey, I know you barely know how to turn on your computer, but here's some digital currency for you......... now do this this this then send me that really long jibberish and I'll give you the stuff"

Yeah....... not gonna work. Most people are computer retarded. I like the original idea.
full member
Activity: 224
Merit: 100
September 13, 2011, 07:51:41 PM
#14
E-mail is sent across the internet in clear text.   Thus the link to download the wallet could be intercepted and the funds from the wallet spent before the intended recipient gets them.

It is probably not that big of a problem. There are perhaps many solutions around the problem.

Example: You could have the receipt email back their new bitcoin address. That way, it does not matter if the email is intercepted. Stealing the coins requires forging the email.
sr. member
Activity: 336
Merit: 250
September 13, 2011, 07:43:25 PM
#13
A secret-question type feature, similar to western union, may help to overcome this.
legendary
Activity: 2506
Merit: 1010
September 13, 2011, 07:39:31 PM
#12
The recipient gets an e-mail with instructions on how to download the wallet and how to set up Bitcoin.

E-mail is sent across the internet in clear text.   Thus the link to download the wallet could be intercepted and the funds from the wallet spent before the intended recipient gets them.
sr. member
Activity: 336
Merit: 250
September 13, 2011, 05:52:50 PM
#11
I just sent you a PM with my contact information. If you are serious about the idea but unfamiliar with the email protocol then you should get in touch with me.

Thank you very much for your offer of assistance. I'm sure I will take full advantage of your expertise. At the moment, I am actively developing another service (see my sig) but once that is all polished up, I will move on to the bitcoinmailer project.

I have your contact details stored for future reference.
Thanks again mate.
full member
Activity: 224
Merit: 100
September 13, 2011, 05:47:20 PM
#10
I have just registered the domain: http://www.bitcoinmailer.com
I think I'm going to have a go at it.
See how it turns out.

I just sent you a PM with my contact information. If you are serious about the idea but unfamiliar with the email protocol then you should get in touch with me.
sr. member
Activity: 336
Merit: 250
September 13, 2011, 05:37:20 PM
#9
I have just registered the domain: http://www.bitcoinmailer.com
I think I'm going to have a go at it.
See how it turns out.
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