I could send coins to nick at gmail. please correct?
-point taken;
-any suggestions to make more secure with good user experience?
-input 12 english words for opening app every time?
-Is Electrum simpler?
-Seed is BIP standard
-point taken;
-If there is a standard, we will follow;But if it's another 3rd party, then we hesitate;
BreadWallet is cool. But it doesn't support email and multiSig. And the UI is not very good.
- I'd incorporate touchID, I've used it in iOS and it's easy to add.
- One feature I'm thinking about for my iOS apps is using the Apple Watch as a 2nd factor auth mechanism. I haven't looked into the feasibility of it yet though and probably not many people have smartwatches
- After the user writes down the seed when setting up the wallet, challenge them to verify their written seed. I think this is how Electrum works, try that out
- BIP standard is a good idea for the seed, but try and mention other wallets that the seed can be used in, for reference purposes
- Multisig is definitely the winner here, but I'd go farther, really look into trustedcoin API
Please check your wallet for 1mbtc as my appreciation.
-TouchID is in the plan;
-AppleWatch as well;
-challenge with seed? Users already complain the current process why to write down the seed. Very hard to balance security and usability; Electrum is for pro;
-Good suggestion;
-Our multisig has some specific security design. Not sure if bitGo or Trustedcoin supports. We will certainly support more 3-rd parties once we have bandwidth;
thank you again.
Thanks for the 1mbit :) The absolute killer feature for me is multisig with a second party, based on a standard BIP backup seed - so 2 of 3, I hold 2 keys on a paper wallet, the mobile app holds 1 key, the trusted other party holds 1 key, 2 keys are needed to send transactions.
Basically my preference for bitcoin software is like this:
1. If there is a bad update to the software, I feel safe that it doesn't matter too much because there is a secondary signature needed to approve a transfer
2. If the software is discontinued or I want to stop using it, I feel safe it doesn't matter because I can restore from a seed elsewhere
I appreciate safeguards to the device like the touchId etc, however there's a tricky balance there of security vs usability. I think using the touch movement pattern is a great idea for a backup method and touchId can be the primary method.