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Blcknmics service

dashed-slug.net Forums General discussion Blcknmics service

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  • #7601
    Anonymous
    Inactive

    Alex,

    For some services, cloud adapter like coinpments is a bit risky. I have read some Blck.io bad experiences.

    In order to avoid a full node install, I found a non-custodial API service, Blocknomics. I dont know if you have tested it, but it seems a good solution because they transfer all processed operations directly to a propietary wallet, with many options.

    Please could you have a look? what do you think about?

    Thank you

    #7602
    alexg
    Keymaster

    Yes, this is correct.

    Third party services introduce a counter-party risk. I have been saying this from day one. I no longer recommend block.io, even though I never had problems with it myself, because I have seen some complaints about the service.

    My first plan was to create a plugin that can directly interact with full node wallets. Third-party services were an after-thought, once I realized that most web “developers” don’t know Linux 🙂

    I am aware of Blockonomics. Unfortunately, developing a new coin adapter is out of the question for me at this time.

    My current recommendation is that people need to first understand the trade-offs, and decide if they want security or convenience. See HOWTO: Choose between available coin adapters.

    with regards

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