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This seems to be largely solved now. There are numerous digital wallets that do client side encryption, so even if they are hacked, your funds should be safe.
by nicpottier 14y ago
This seems to be largely solved now. There are numerous digital wallets that do client side encryption, so even if they are hacked, your funds should be safe.
Two that I looked at were https://www.strongcoin.com https://www.strongcoin.com and https://www.blockchain.info https://www.blockchain.info, the latter winning out after some test driving, just because it is larger and has a nice Android client.
- TylerE 14y agoUntil they get hacked, and if history is any guide, they will get hacked.
- nicpottier 14y agoI suppose there is the possibility of a hacker changing their actual content so that things AREN'T done client side, and therefore being able to decrypt the keys. In that case any user who used their site with that malicious code would be compromised. That is a very real threat, I grant you that, but it is a hell of a lot better than what the state of the art was a year ago when a hacker got everybody's information once they got root.
- hollerith 14y agoOr the client-side computer gets hacked and the attacker gets the passphrase with a keylogger.