Author

Topic: Secure Google Chrome Bitcoin Wallet (Read 1146 times)

HCP
legendary
Activity: 2086
Merit: 4361
September 17, 2016, 05:59:06 PM
#13
Not one for generally being a grammar/spelling nazi or anything... and given that the developer is registered in the Phillipines... I am however a little concerned at the rather poor math/explanation offered on that website...

Quote
CaptchaCO.IN is free and will always be free for everyone to use and integrate. However, to keep-up with maintenance like server and other website and staff expenses needed to keep the site and service running 24/7, we will deduct a processing fee of 2% if not 0.001 BTC or which is higher per pay captcha payment transaction.

Which means if someone pays you through your pay captcha installation of 0.01 BTC we take 2% of it which is 0.001 BTC and you keep 0.009 BTC but if your pay captcha installation earns 0.1 BTC we will deduct a fee of 0.002 BTC which is 2% of the whole transaction.

Firstly, taking a fee means that it isn't free...

Secondly, last time I checked... 2% of 0.01 is NOT 0.001... 0.001 would be 10%. I suspect that in the very confusing bolded part of their message that they meant to say: "We will deduct a processing fee of 0.001 BTC or 2% of the transaction amount, whichever is higher."

Also, as someone else pointed out, there isn't any sort of explanation into how the wallet works, where the funds are stored, who holds the keys etc... and the wallet seems to just be a side business on them providing a paywall service for your website.

Would have to recommend staying away from this one.
member
Activity: 99
Merit: 10
September 17, 2016, 01:59:26 AM
#12
Very nice wallet for daily usage
legendary
Activity: 2898
Merit: 1823
September 17, 2016, 01:28:42 AM
#11
Has there been any type of browser wallet before this?

There was darkwallet but i dunno if that ever actually ran successfully.

The developer left the project and the use of the funds given to him are now being questioned. He is nowhere to be seen and he must have gone underground. It would not be such a shock if he really did go underground because he strikes me as a really odd person.

As Snorek said that wallet flopped, not because it was a bad idea but maybe because it lacked the development time and focus needed to finish it.
sr. member
Activity: 383
Merit: 250
September 16, 2016, 08:37:46 AM
#10
Thanks for moving the topic...
legendary
Activity: 1512
Merit: 1012
September 16, 2016, 08:32:07 AM
#9
This should be on alternative clients section. Maybe someone there can check the code. If it is not malicious, it is a good idea to have some funds for quickly spending.
legendary
Activity: 3668
Merit: 6382
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September 16, 2016, 08:12:06 AM
#8
I wouldnt store a large amount of bitcoin in this wallet unless it becomes more popular and the community is larger than now, don't know why but I dont like chrome extensions.

And you have a very good reason for your fears.
A couple of years ago there was a good and nice Chrome extension that some have used because it was a Bitcoin price ticker.
A second "feature" of that extension was to attempt to steal your Bitcoin too...
sr. member
Activity: 383
Merit: 250
September 16, 2016, 08:09:49 AM
#7
The extension is controlled by a REST HTTPS API at captchaco.in and only becomes useful after you've provided your application key. The people at captchaco.in CANNOT access your wallet and cannot access your captchaco.in account itself unless provided by a password. Passwords are stored in strict MD5 hashes for more security at DB level.
legendary
Activity: 1526
Merit: 1001
September 16, 2016, 07:35:59 AM
#6

I wouldnt store a large amount of bitcoin in this wallet unless it becomes more popular and the community is larger than now, don't know why but I dont like chrome extensions.
full member
Activity: 210
Merit: 100
September 16, 2016, 07:29:55 AM
#5
 using 3rd party browser extensions to store bitcoin is not all a good idea why not make account in blockchain it does have android and ios app, their website opens in all platform and you could access your account anytime anywhere. I would suggest you not to use 3rd party extensions. Browser is the main gate through which hacking takes place so your wallet could easily get hacked.
legendary
Activity: 1400
Merit: 1001
September 16, 2016, 07:05:09 AM
#4
Has there been any type of browser wallet before this?

There was darkwallet but i dunno if that ever actually ran successfully.
Unfortunately Dark Wallet turned out to be a flop


As far as word 'secured' goes. What exactly makes that wallet Op presented secure?
I visited Captchaco.in website to see if they share some info about how exactly their wallet works.
But I couldn't find any info regarding this matter: https://www.captchaco.in/how_it_works.php
legendary
Activity: 1288
Merit: 1087
September 16, 2016, 06:57:57 AM
#3
Has there been any type of browser wallet before this?

There was darkwallet but i dunno if that ever actually ran successfully.
hero member
Activity: 756
Merit: 520
September 16, 2016, 06:51:03 AM
#2
It's something very good progress, but I have yet to know for sure whether this wallet's security has good enough security for those who have a lot of funds in the purse ..? . If Yes, what is your goal to make such security..?? .
sr. member
Activity: 383
Merit: 250
September 16, 2016, 06:39:56 AM
#1
For a secure Google Chrome browser bitcoin wallet extension visit https://chrome.google.com/webstore/detail/captchacoin-bitcoin-walle/ppcblkdhhnjiifdidghkndcjdidffflo

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