For a website taking payments with bitcoins, better: IP or bitcoin addresses?
2010 May 9
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For a website taking payments with bitcoins, better: IP or bitcoin addresses? @ Satoshi Nakamoto
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Satoshi Nakamoto
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satoshinakamotonetwork@proton.me
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https://satoshinakamoto.network
Minscj
For a website taking payments with bitcoins, better: IP or bitcoin addresses?
May 09, 2010, 04:44:01 AM
For a website taking payments with bitcoins, which is better: taking
payments through IP solely or using tons of bitcoin addresses that you
have to reuse and reuse?
dwdollar
May 09, 2010, 05:03:10 PM
Right now, Bitcoin Addresses are the only option if you want
automation. If you're only taking donations, or only handling manual
transactions, IP Addresses might be better suited. That way they can
send you comments or messages about their account info.
dsg
May 09, 2010, 05:09:38 PM
Bitcoin addresses also provide better anonymity. In my opinion they
are ideal. Otherwise it's necessary to use tor or the like also to
guarantee anonymity.
Xunie
May 14, 2010, 01:16:57 AM
Quote from: dsg on May 09, 2010, 05:09:38 PM
Bitcoin addresses also provide better anonymity. In my opinion they
are ideal. Otherwise it's necessary to use tor or the like also to
guarantee anonymity.
Isn't that "unsafe"?
Say I am an exit node listening for bitcoin transactions and grab
them?
Or is everything public/private key encrypted? (Which is my guess.)
Xunie
May 14, 2010, 09:52:53 PM
Quote from: soultcer on May 14, 2010, 07:58:57 PM
Actually no, transfering coins via IP address isn't encrypted. When
you transfer coins to an IP, the recipient creates a new address just
for that transaction and tells you to transfer coins to that address. A
malicious exit node could sniff all Bitcoin traffic and intercept those
transactions easily.
So for everyone: DO NOT USE IP ADDRESSES AS DESTINATIONS, ALWAYS USE
BITCOIN ADDRESSES.
I suggest we disable IP transactions while the user uses a
Proxy!
Just to be on the safe side.
Satoshi Nakamoto
May 16, 2010, 09:37:36 PM
Quote from: Xunie on May 14, 2010, 09:52:53 PM
I suggest we disable IP transactions while the user uses a
Proxy!
Just to be on the safe side.
That's a good idea. At the very least a warning dialog explaining
that it'll connect to the IP and send the information cleartext, giving
the chance to cancel.
For a website taking payments with bitcoins, better: IP or bitcoin addresses?
2010 May 9 See all postsSatoshi Nakamoto
satoshinakamotonetwork@proton.me
https://satoshinakamoto.network
For a website taking payments with bitcoins, which is better: taking payments through IP solely or using tons of bitcoin addresses that you have to reuse and reuse?
Right now, Bitcoin Addresses are the only option if you want automation. If you're only taking donations, or only handling manual transactions, IP Addresses might be better suited. That way they can send you comments or messages about their account info.
Bitcoin addresses also provide better anonymity. In my opinion they are ideal. Otherwise it's necessary to use tor or the like also to guarantee anonymity.
Isn't that "unsafe"?
Say I am an exit node listening for bitcoin transactions and grab them?
Or is everything public/private key encrypted? (Which is my guess.)
I suggest we disable IP transactions while the user uses a Proxy!
Just to be on the safe side.
That's a good idea. At the very least a warning dialog explaining that it'll connect to the IP and send the information cleartext, giving the chance to cancel.