The server-side wallet storage was not part of the proposal, but something we felt was necessary to backup/secure user funds. We do not yet have confidence in the reliability of server-side storage to enable this feature. There is a significant about of liability associated in offering to host/backup user wallets. We don't want to be responsible for the loss of funds.
Why not backup wallets directly on the blockchain? Along with a hash of the owner's email for easy lookups later. And maybe some random noise.
+5% +5% +5% +5% +5% +5% +5% +5%
Forget servers, we have a blockchain!
How about this...
Throw a bunch of different random numbers and other noise (maybe even the brainkey too?) into a json file, then compress it, encrypt it, base58 encode it, and throw that single text string into a memo. then, there is your backup. just call it up via wif, throw your key at it, and voila'... would that work? It would only cost a few BTS to store it as a transaction in a block too (for LTM's of course). For extra security, make a second backup. Yes? No? Horrible idea?
Hiring (and having to constantly trust) a backup server company is a huge expense and risk that Bitshares' name does not need. I think we should leverage the tools that we already have as much as possible. We have the most scalable chain on earth, let's really show it off!
this would be awsome!
how likely is it, that someone could entcode my password?
We would have to use very secure passwords.. maybe encrypt the wallet using its own brain key. That would make it easy to recover and hard to hack.. isn't this effectively a brain wallet?
https://onedrive.live.com/redir?resid=D06C9927CA1D1F35!9105&authkey=!AFwwmibY9UYLz2o&ithint=folder%2cAMR
https://onedrive.live.com/redir?resid=D06C9927CA1D1F35!9105&authkey=!AFwwmibY9UYLz2o&ithint=folder%2cAMR
Thanks, but I'm looking for the Soundcloud link. Usually @testz uploads a recording there. @testz, any word on that? Would appreciate it. Thanks.
https://onedrive.live.com/redir?resid=D06C9927CA1D1F35!9105&authkey=!AFwwmibY9UYLz2o&ithint=folder%2cAMR
Thanks, but I'm looking for the Soundcloud link. Usually @testz uploads a recording there. @testz, any word on that? Would appreciate it. Thanks.
Yesterday I was unavailable, so I asked @fuzzy to record it. In few hours I will put @tbone recording at SC and replace it later if fuzzy will give me recording with better quality.
Thanks @tbone for recording.
https://onedrive.live.com/redir?resid=D06C9927CA1D1F35!9105&authkey=!AFwwmibY9UYLz2o&ithint=folder%2cAMR
Thanks, but I'm looking for the Soundcloud link. Usually @testz uploads a recording there. @testz, any word on that? Would appreciate it. Thanks.
Yesterday I was unavailable, so I asked @fuzzy to record it. In few hours I will put @tbone recording at SC and replace it later if fuzzy will give me recording with better quality.
Thanks @tbone for recording.
That was actually @inertia. But I appreciate that you will upload it. And thanks to @inertia for recording it!