KryptoKit False Alarm Reveals Chrome's Love For Bitcoin
KryptoKit was removed from Chrome on Tuesday in error. KryptoKit, the Chrome extension that functions as an encrypted messenger and Bitcoin wallet, suddenly had its security privilege revoked Tuesday morning. The extension was removed from Chrome for less than an hour, but in the digital currency world this type of action can irreparably harm a product's reputation - especially for a browser extension which can access the most sensitive user data. As users awoke to find their favorite extension had been removed from Google Chrome, they took to social media fearing the worst. Fortunately,....
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A Chrome product manager has provided more information on the reasons behind the outage. More details here. UPDATE (20th May, 9:30 GMT): Co-founder Steve Dakh says Google has now responded and reinstated KryptoKit's account, meaning users should now be able to access their wallets again. Still no detailed reason has been given for the removals. KryptoKit, the bitcoin wallet and encrypted messaging extension for Chrome browsers, was today mysteriously auto-removing itself from users' computers - along with easy access to the bitcoins they kept there. Developers from the KryptoKit project....
This morning, the feathers of many in the bitcoin community became ruffled upon hearing that KryptoKit had suddenly been removed from the Google Chrome Extension Store (it was brought back approximately thirty minutes later). There was wide speculation as to what could have happened, and not even the developers could get a concrete answer. Thankfully, a member of the Google Chrome team chimed in today over at the bitcoin section of Reddit.com, offering what turned out to be a very interesting explanation of what caused the faux pas. "A malware developer hoping to steal bitcoin keys copied....
Google has managed to identify and fix a problem that started plaguing users of the bitcoin wallet extension KryptoKit yesterday and caused many to worry that their bitcoins might be irretrievably lost. Early on 20th May, KryptoKit users started reporting that the extension was mysteriously removing itself from Chrome without prior notice. They also found that the extension had disappeared from the Chrome app store. KryptoKit project developers tried their best to work out a solution, but it soon became apparent that Google itself was behind the abrupt removal. Malware alert. Google....
In what was titled an emergency post on the bitcoin page at Reddit.com, programmer Vitalik Buterin announced to users that Google had suddenly (and without explanation) removed the KryptoKit Wallet from the Chrome store. And while we can't say it started a panic in the bitcoin community, the tone of the post signaled distress - and for a good reason. What followed was a detailed step-by-step instruction on how users could gain access to their private keys. Most users didn't end up needing it, however. Approximately thirty minutes following the post, KryptoKit co-founder Steve Dakh returned....
KryptoKits interface fits in beautifully with Chrome. Bitcoin may be in it's infancy, but wallet software for using it already comes in all shapes and sizes. Even with the myriad of software solutions, exchanges, and cold-storage options, many critics say the options are still too inflexible. Some of the most vocal bitcoin doubters claim that for the average person storing and spending bitcoin can be intimidating, confusing, and even risky. CoinKite is already doing great things for brick-and-mortar stores, but spending bitcoin on the internet can still be improved. This is the problem....