Topic: Armory vs Trezor (Read 2499 times)
Thanks for the replies guys. It sounds like it wouldn't be useful for the amount I would use them.
What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins
From 10+ Bitcoins it make sence to buy trezor, especially if you use the coins (not just hold) because it is fast, easy and secure to send coins using trezor. For someone who just hold the coins, paper wallet generated securely is probably easiest way even for 10+ Bitcoins (and up to point before you want to spend your Bitcoins, paper wallet can be very secure if generated the right way)
The ultimate best choice would be to buy a raspberry pi and install armory or electrum. It is much safer this way and no compromises are made if you sign it securely offline.
Trezor and ledger are definitely the way to go only if you're spending it frequently.
Trezor is better than Armory, but it's somehow expensive & not really useful if you don't have many bitcoin.
Paper wallet is alternative for Trezor as cold storage, it's cheap & durable as long as you put it on good place.
Armory is very good software wallet, it's very secure & has many functions, but you need to download blockchain which is very big.
If you don't want to download blockchain, then use Electrum. It also has many functions, and can act as cold storage too.
So, pick depends on what you need.
Paper wallet is alternative for Trezor as cold storage, it's cheap & durable as long as you put it on good place.
Armory is very good software wallet, it's very secure & has many functions, but you need to download blockchain which is very big.
If you don't want to download blockchain, then use Electrum. It also has many functions, and can act as cold storage too.
So, pick depends on what you need.
I am thinking that it's the other way around since using Armory requires an offline computer which means if I want to use Armory I'll get a separate computer for that purpose alone. Am I right on my assumption?
What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins
From 10+ Bitcoins it make sence to buy trezor, especially if you use the coins (not just hold) because it is fast, easy and secure to send coins using trezor. For someone who just hold the coins, paper wallet generated securely is probably easiest way even for 10+ Bitcoins (and up to point before you want to spend your Bitcoins, paper wallet can be very secure if generated the right way)
Great answer! 2 - 3 bitcoins are definitely not justifying Trezor investment. Around 10 was wh3 I got one as well. But I also got one because I move my coins quite a lot. For someone that's only holding them in the cold storage as an investment and doesn't touch them, paper wallet is a great solution.
This is where Trezor comes in handy, when you want great security and maneuverability!
Cheers!
What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins
From 10+ Bitcoins it make sence to buy trezor, especially if you use the coins (not just hold) because it is fast, easy and secure to send coins using trezor. For someone who just hold the coins, paper wallet generated securely is probably easiest way even for 10+ Bitcoins (and up to point before you want to spend your Bitcoins, paper wallet can be very secure if generated the right way)
trezor is most safest as it is hardware but if you want software, then armory is best.
What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins
its a complete versus,its hard to answer..but trezor is coming first,so many user said that trezor is better.
but honestly i never use both,i just use online wallet,i'm get some information from a news about bitcoin.
but honestly i never use both,i just use online wallet,i'm get some information from a news about bitcoin.
While still used by some the availability of inexpensive bitcoin hardware wallets is starting to replace the cumbersome procedure of using two computers to safely store your bitcoin. If you own more than a few bitcoin you need a hardware wallet but which is the best?
i think trezor was better,check this :
https://bitcoinnewsmagazine.com/best-bitcoin-hardware-wallet-2015/
i think trezor was better,check this :
https://bitcoinnewsmagazine.com/best-bitcoin-hardware-wallet-2015/
I am familiar with using Trezor hardware wallet but I keep hearing about Armory.
Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
trezor is still the best for me , its simple, safe, and its cheap, having two hardware wallet will just make you confusedCan anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
I see that you are confusing Armory for a hardware wallet just like OP did. Armory is a full node software wallet for Bitcoin, not a hardware wallet!
Your right Armory is not hardware wallet, but the point of Armory is using 2nd offline computer never connected to internet just to sign transaction - somewhat trying to simulate hardware wallet. If you already have spare computer for this then Armory is a cheap and more secure solution than just having wallet software on your computer connected to internet, but not as much secure as trezor.
I personally believe Trezor is very good choice right now. As others already pointed out, comparing Armory and Trezor doesn't really work as they are two different type of wallets. Anyway, Trezor seems to be very safe, easy and user-friendly option to store your coins.
I am familiar with using Trezor hardware wallet but I keep hearing about Armory.
Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
trezor is still the best for me , its simple, safe, and its cheap, having two hardware wallet will just make you confusedCan anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
I see that you are confusing Armory for a hardware wallet just like OP did. Armory is a full node software wallet for Bitcoin, not a hardware wallet!
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I am familiar with using Trezor hardware wallet but I keep hearing about Armory.
Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
trezor is still the best for me , its simple, safe, and its cheap, having two hardware wallet will just make you confused Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
I am familiar with using Trezor hardware wallet but I keep hearing about Armory.
Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
if you already own a trezor you should not look for other client/wallet. it's one of the best (hardware)wallet in bitcoin world. Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
I suggest Trevor over the other one for many reasons .I think Trevor has a series of private keys which is more secure and multi cloud storage as well.Recently I discovered case a hardware wallet which is quite amazing in terms of looks and usability .I'm thinking to buy case as it beats Trevor in so many things like finger swipe and series of cross verifications .
I always prefer cold storage. Once the power if off and there s no internet connection, that is the only real way to protect your BTC 100%.
For security IMO, Trezor.
But for privacy, Armory is a close second to Bitcoin Core (Armory uses a different length for it's addresses, so they stand out in the blockchain). But IMO, it's an improvement over any of the wallets that function with Trezor today; all of them give up your public key information (either through the SPV mode or by xpub sharing), because they're all light-node wallets. Really looking forward to a full-node wallet developer announcing Trezor support (for security & privacy simultaneously).
But for privacy, Armory is a close second to Bitcoin Core (Armory uses a different length for it's addresses, so they stand out in the blockchain). But IMO, it's an improvement over any of the wallets that function with Trezor today; all of them give up your public key information (either through the SPV mode or by xpub sharing), because they're all light-node wallets. Really looking forward to a full-node wallet developer announcing Trezor support (for security & privacy simultaneously).
the security with armor it's only dependent on the user that is using the computer so i can't see how it's less secure, unless we have a dude that don't know how to move in this environment
A hardware wallet is considered much more safer than a software wallet, so i would not move from Trezor to Armory, you are good staying at Trezor, but if you want to experiment with wallets then why not.
Yes if you want to avoid the hassle of moving the unsigned transaction back and forth but I wouldn't mind it. You can easily install Armory on a offline raspberry pi and a online computer. Create a unsigned transaction on the online computer and sign it using the offline raspberry pi and transfer it back to broadcast. There is no security risks unless a virus is designed to go into the USB and to the offline raspberry pi and back to the online computer. I highly doubt it would happen since linux itself is quite secure.Most importantly, it cost only ~50USD compared to 100+USD for trezor.
A hardware wallet is considered much more safer than a software wallet, so i would not move from Trezor to Armory, you are good staying at Trezor, but if you want to experiment with wallets then why not.
Armory used for cold storage is a hardware wallet, the offline computer takes the place of Trezor. If you are using Trezor already there is no need to move to Armory unless you are really concerned about the privacy issue Carlton addressed. For most users it is not a problem at all. If you want to use cold storage with Armory you will need two computers and Armory support is not as good as it once used to be. If Armory ever supports Trezor to sign transactions that would be the perfect combination but don't hold your breath, it may never happen.
A hardware wallet is considered much more safer than a software wallet, so i would not move from Trezor to Armory, you are good staying at Trezor, but if you want to experiment with wallets then why not.
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