StrongCoin operators have intercepted coins that may have being stolen from OzCoin. This shows that the StrongCoin operator can steal your coins.
This directly contradicts their statement on the website:
Do not use strongcoin thinking it is a hybrid wallet. It is not about if you steal any coins or not, but this shows StrongCoin do have access to your coins. Imagine if they were hacked, or if the owner did a Instawallet. Use Blockchain.info (the chrome extension) and back up your private keys.
Info: https://bitcointalksearch.org/topic/is-strongcoins-hybrid-wallet-a-lie-or-rather-are-all-hybrid-wallet-a-lie-186051
This directly contradicts their statement on the website:
Quote
However, the Bitcoin private key which is required to send money is encrypted in your browser before it reaches our servers.
Therefore our servers only hold encrypted private keys and neither we nor anyone else can spend your Bitcoins. Only you.
Therefore our servers only hold encrypted private keys and neither we nor anyone else can spend your Bitcoins. Only you.
Do not use strongcoin thinking it is a hybrid wallet. It is not about if you steal any coins or not, but this shows StrongCoin do have access to your coins. Imagine if they were hacked, or if the owner did a Instawallet. Use Blockchain.info (the chrome extension) and back up your private keys.
Info: https://bitcointalksearch.org/topic/is-strongcoins-hybrid-wallet-a-lie-or-rather-are-all-hybrid-wallet-a-lie-186051
This is pretty huge.
