How are we supposed to secure our BTS? We need a security section.

[Troglodactyl]

I think the AGS address locking is definitely a serious longterm concern, though there's been talk of moving updating PTS to a TaPOS chain once total supply hits 2 million.  If this is done it could make sense to just combine AGS/PTS into a single TaPOS chain.  That way we can move our investments as we like for security, and use multisig and paper wallets as desired.

When it starts to catch on, I'm sure the third party security providers will be all over it, provided we give them the tools they need by allowing transfers and multisig.

[luckybit]

One of the problems I can see coming is that BTS will be very insecure. The fact that Angelshares are locked into a specific wallet means they cannot be moved. Cold storage is an option but there aren't any services or businesses to help with this at all.

I've seen three products which seem pretty good but are only for BTC.

http://techcrunch.com/2014/03/13/xapo-raises-20-million-to-bury-your-bitcoin-underground/
http://letstalkbitcoin.com/review-verso-cards/
http://www.bitcointrezor.com/

Security has to be made a priority for BTS. Cold storage on paper wallets is a start but if my understanding is right if you don't trade BTS they start losing value which is a problem for people who try to hold them in cold storage.

Verso cards are pretty good, convenient and some product like this should be given away or sold to people who have BTS.

Trezor is pretty good but it's good for when you want to spend. We need something like Trezor so that BTS can be traded on machines which are infected by malware, advanced persistent threats, trojans, all which will eventually target the holders of BTS. Perhaps Invictus can modify the Trezor after it's released and release a patch for BTS.

Xapo is a distributed cold storage vault service. I think Xapo is the highest level of security available right now. They bury your cold wallets in underground vaults protected by armed guards. This is about as secure as it gets and additionally your BTC are insured. The problem is that it only works for BTC apparently and not for BTS.

If Xapo could be convinced to accept alt currencies like BTS or if somehow BTS can be transfered to BTC addresses for cold storage then it could possibly work.

Is it technically possible to color a BTC address as a BTS cold storage address, let a person send their BTS to that address via Proof of Burn, and then have the BTC address hold the AngelBTS which can be redeemed somehow later?

Otherwise Invictus should contact Xapo and ask for a partnership immediately.
partners@xapo.com

Additionally make a security section of the forum. It's strange not to even have a section to discuss security issues like storage. It's even more strange to not have anyone coming up with security solutions if we really believe BTS are going to be worth as much as the polls say.