Silk Road forums

Discussion => Security => Topic started by: Chuck Schumer - Democrat on May 11, 2012, 05:22 pm

Title: "Friendly" Bit Coin loans, Security Threat?
Post by: Chuck Schumer - Democrat on May 11, 2012, 05:22 pm
Regarding the numerous requests for coin loans, isn't this a security hole sending from your wallet to theirs? 
Title: Re: "Friendly" Bit Coin loans, Security Threat?
Post by: vlad1m1r on May 11, 2012, 07:36 pm
Regarding the numerous requests for coin loans, isn't this a security hole sending from your wallet to theirs?

Only if they can then correlate the coins to your identity by tracing them back to a Bitcoin exchanger. Frankly I don't find it hard to believe that people are just lazy and figure it's easier to beg than work out how to obtain Bitcoins the proper way!

V.
Title: Re: "Friendly" Bit Coin loans, Security Threat?
Post by: deadfuture on May 11, 2012, 07:46 pm
Regarding the numerous requests for coin loans, isn't this a security hole sending from your wallet to theirs?

No since you don't have a wallet on SR just an account with currency in it.  The way I understand it is that once you deposit money into your SR account then it enters the SR tumbler, and all SR users coins are tumbled and mixed together.  So sending from SR to SR poses no threat.
Title: Re: "Friendly" Bit Coin loans, Security Threat?
Post by: deadfuture on May 11, 2012, 07:49 pm

Only if they can then correlate the coins to your identity by tracing them back to a Bitcoin exchanger. Frankly I don't find it hard to believe that people are just lazy and figure it's easier to beg than work out how to obtain Bitcoins the proper way!

V.

Yeah if it's a new person begging for coins I would never help them out.  But if it's someone saying they were off by a fraction of a coin for a transaction they were hoping to make that day and they seem like a solid person, I'll help them out.
Title: Re: "Friendly" Bit Coin loans, Security Threat?
Post by: Chuck Schumer - Democrat on May 11, 2012, 09:52 pm
Regarding the numerous requests for coin loans, isn't this a security hole sending from your wallet to theirs?

No since you don't have a wallet on SR just an account with currency in it.  The way I understand it is that once you deposit money into your SR account then it enters the SR tumbler, and all SR users coins are tumbled and mixed together.  So sending from SR to SR poses no threat.

Well that makes perfect sense, I didn't even think of that.  I was just thinking from my pc wallet to theirs, duh.  Doh! ::)