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People cannot simply stop using consumer-grade hosting and jump on a very expensive BTC vault. There must be a demand proportional to the cost of any solution.
by oleganza 14y ago
People cannot simply stop using consumer-grade hosting and jump on a very expensive BTC vault.
There must be a demand proportional to the cost of any solution. And demand takes time to grow. Bitcoin is not bootstrapped by anyone, it grows from absolute zero, step by step. This type of shit will gradually happen less and less, but people cannot just decide to use more expensive and robust hosting.
- rubinelli 14y agoI see your point, but if I were running a consumer-grade hosting company, I'd seriously consider updating my terms of service to disallow running mining operations or keeping cryptocurrency wallets in the servers.
- oleganza 14y agoThat would be your choice. Just like I don't provide any kind of hosting to anyone because I'm not good at it. But the miners and users want to do their job somewhere and if we don't provide them with the hosting, someone else will. And only after some time some seriously better services will emerge.
- astrodust 14y agoGet your own damned server. They're not expensive. Get a connection you can cut with a pair of scissors if you need to. It's not hard. Having a cloud-hosted front-end isn't a big deal. Having your BTC wallet on a system you do not have 100% physical control over is amateur hour. A Raspberry Pi on a cable modem connection could be made more secure than whatever off-the-shelf hosting most of these companies are crazy enough to use.