Replies (28)

Cobweb's avatar
Cobweb 1 month ago
This is excellent stuff. I stopped using my Bitkey because of privacy concerns. You're doing the Lord's work. Now just make UTXO management better in the app.
Now add: let users recover their sats in other wallets, UTXO management, disable Block server as a recovery option, connecting to the node for normies who run Umbrels, Start9, or other types of nodes and have no idea how to request certificates.
I am still greatly concerned about bitkey as two of the three keys are generated using secret closed-source methods. Someone please convince bitkey to fully open source their code πŸ™ I own three of these wallets so I am not just a random person with make believe concerns.
β€œWhile a wallet’s UTXO set is temporarily exposed to Bitkey’s servers during a wallet recovery, this data is never logged.” Trust me bro…
Samee's avatar
Samee 1 month ago
When UTXO management? No β€œpower” user can use this without that. It’s such a great product otherwise.
Samee's avatar
Samee 1 month ago
Exactly. Lack of UTXO management is a huge shortcoming.
What happens in the event of a hard fork? Does a Bitkey user have the ability to access both forked versions of the blockchain? I ask because my understanding is the keys are encrypted (one in the iOS app, one in the cloud, and one with Bitkey) and you can't actually see the keys - the Bitkey software/hardware device combo just decrypts them for transacting. If that is the case, unless the Bitkey app allows the users to access both chains in the Bitkey app interface, they can't access them. Is that correct?
JJ's avatar
JJ 1 month ago
Very interesting. I'd seen this a few times and ignored it. Thought it was just another bullshit product released mid cycle. It wasn't until I saw this page and dug deeper into it. Ordered a couple. I like how the owner is in control of two or three keys. Unlike fireblocks, where they are in control of 2 of 3 key shards. Did Block manage to "grandma proof" key management? πŸ€” thanks!
richexitplan's avatar
richexitplan 1 month ago
Already supports UTXO management and the ability to connect to your own node
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