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RE: Buying SBD with fiat a good idea?

in #life7 years ago

I'm currently running a test with this tool on my test account. Convert has started since yesterday. Know more in 2,5 days but I'm sure it's fine because I can see it in the blockchain.

Here is the original post: https://steemit.com/utopian-io/@mwfiae/new-project-sbd-converter

Hope you are willing to support my witness group @blockbrothers with a witness vote.

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You can also use CLI-wallet for those concerned about the security of their Active Key.

The command is convert_sbd username "1.000 SBD" true.

I put some conversions through when it dipped down to $0.95 today.

You can also check the sourcecode or trust @therealwolf about it. He does promote my tool sometimes and he is a well known witness and owner/maker of smartsteem :)
So probably the best sign of trust I can get :)

The biggest security concern is prob the RPC node in terms of your program, which is the same concern as with the CLI :)

Why would the rpc node be a concern regarding security?

The key never enters the node as far as I'm aware and all the encrypting/signing does happen on client side.

Please correct me of I misunderstood anything.