Author

Topic: inputs.co and coinlenders (Read 2051 times)

legendary
Activity: 1498
Merit: 1000
November 07, 2013, 12:54:56 PM
#21
Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).

Phew, that's a relief.  Don't worry, everybody.  Today's events are simply a bad dream, and we will soon be waking up to unicorns and rainbows.


+1
Can't wait 'til wake up time ...

But if he open the cold storage then he can't run away and be rich ;(
newbie
Activity: 27
Merit: 0
November 08, 2013, 10:42:37 PM
#18
question is:
how much is there in the inputs.io cold wallets ?

No one asked questions like this before it was too late. 

Is it time to ask Coinbase and all the others these sorts of questions yet?
sr. member
Activity: 330
Merit: 250
November 07, 2013, 09:13:46 AM
#17
Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).

Phew, that's a relief.  Don't worry, everybody.  Today's events are simply a bad dream, and we will soon be waking up to unicorns and rainbows.


+1
Can't wait 'til wake up time ...
legendary
Activity: 2128
Merit: 1002
November 07, 2013, 04:18:06 AM
#16
There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? Smiley

Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).

according to this, we are fine as long as he didnt run. So we will see for sure soon!

question is:
how much is there in the inputs.io cold wallets ?
hero member
Activity: 588
Merit: 500
November 06, 2013, 11:50:17 PM
#15
Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).

Phew, that's a relief.  Don't worry, everybody.  Today's events are simply a bad dream, and we will soon be waking up to unicorns and rainbows.
full member
Activity: 182
Merit: 100
Fourth richest fictional character
November 06, 2013, 11:00:48 PM
#14
According to this thread, it doesn't look to good


Topic: Inputs.io Is Gone I'm Calling It A Scam  (Read 410 times)
https://bitcointalksearch.org/topic/inputsio-is-gone-im-calling-it-a-scam-326606
member
Activity: 116
Merit: 10
November 06, 2013, 10:56:28 PM
#13
Yeah....didn't he say right there that inputs uses cold wallets and so, this shouldn't have been able to happen?
member
Activity: 112
Merit: 10
November 06, 2013, 10:52:48 PM
#12
There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? Smiley

Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).

according to this, we are fine as long as he didnt run. So we will see for sure soon!
newbie
Activity: 54
Merit: 0
November 06, 2013, 10:48:53 PM
#11
What's the scoop with CL now that Inputs.io is compromised?
legendary
Activity: 3682
Merit: 1580
October 22, 2013, 07:21:15 PM
#10
No not like blockchain.info. Inputs.io is an off-chain wallet meaning you are trusting the site with your coins. With blockchain.info you are responsible for your coins and the site owners have no access to them.
This is a common myth. Blockchain.info has multiple ways to access your coins:

1) Serve you a bugged JS file
2) Store your password when you use the API
3) Provide you with incorrect transaction data for double spending attacks

If blockchain.info (or someone with access to Blockchain.info) wanted to take your coins, they have a high success rate. It's a hybrid wallet, not a offline one that you compile from source.

1) You can compare the JS with what is on their github repo. Better yet use their browser extension.
2) Don't use their API or use a different wallet if you want API access.
3) Yep this is possible but you can just as easily double check transaction data on blockexplorer.com

The big difference between inputs.io and bci is that bci does not run a lending operation that offers extremely high interest rates.

A lot of people start off with online wallets. But it is better to move to a desktop client once you've got the hang of things.
vip
Activity: 1316
Merit: 1043
👻
October 22, 2013, 06:53:11 PM
#9
No not like blockchain.info. Inputs.io is an off-chain wallet meaning you are trusting the site with your coins. With blockchain.info you are responsible for your coins and the site owners have no access to them.
This is a common myth. Blockchain.info has multiple ways to access your coins:

1) Serve you a bugged JS file
2) Store your password when you use the API
3) Provide you with incorrect transaction data for double spending attacks

If blockchain.info (or someone with access to Blockchain.info) wanted to take your coins, they have a high success rate. It's a hybrid wallet, not a offline one that you compile from source.
legendary
Activity: 3682
Merit: 1580
October 22, 2013, 06:09:32 PM
#8
Yes,
inputs.io = online wallet (like blockchain.info).
CL = bank ...

No not like blockchain.info. Inputs.io is an off-chain wallet meaning you are trusting the site with your coins. With blockchain.info you are responsible for your coins and the site owners have no access to them.
sr. member
Activity: 257
Merit: 250
October 20, 2013, 01:27:51 AM
#7
Try it and find out dude.
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
October 19, 2013, 11:24:29 AM
#6
Yes,
inputs.io = online wallet (like blockchain.info).
CL = bank ...
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
October 18, 2013, 09:45:09 AM
#5
There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? Smiley

Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).

thank u for ur answer,tf.
now i am clear about it, so would u like to introduce the  relationship between inputs.co and coinleanders?

Run by the same person, and Inputs is required to use Coinlenders.
full member
Activity: 139
Merit: 100
October 17, 2013, 12:20:08 AM
#4
There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? Smiley

Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).

thank u for ur answer,tf.
now i am clear about it, so would u like to introduce the  relationship between inputs.co and coinleanders?
hero member
Activity: 854
Merit: 1000
October 16, 2013, 05:26:26 PM
#3
There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? Smiley

Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).
Security is always a risk.  Everyone thinks their fine until their coins are stolen...
vip
Activity: 1316
Merit: 1043
👻
October 16, 2013, 07:10:40 AM
#2
There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? Smiley

Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up).
full member
Activity: 139
Merit: 100
October 16, 2013, 07:00:53 AM
#1
Anyone would like to intruduce the relationship between inputs.co and coinleanders?
If the coinlenders was shut down, it is safe for saving bitcoin in inputs.co.
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