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I'm building a web app making JSON-RPC calls to the bitcoind server. I have security concerns on how to protect the wallet.dat file.
I'm encrypting the directory where wallet.dat will be. Should I also use the bitcoind encryptwallet command? When using Bitcoin client wallets like Electrum every time I send BTC it asks me for my password. Building a web app where users will have their own account (and addresses) should a bitcoind password be used? Does bitcoind store the private keys for every public address generated?
Thanks
When encrypting my wallet using encryptwallet the following API calls fail until I run walletpassphrase:
settxfee sendtoaddress
Which are essential for my web app.
How would this be done? Every time a user wants to send Bitcoins to another address I will need to call the walletpassphrase function, which requires to enter the passphrase and leaves the wallet.dat file unencrypted for N seconds. – Antoni – 2013-08-01T06:31:00.977
Yes, you are right – ripazha – 2013-08-01T06:56:43.883