Best bitcoin wallet - page 5. | Bitcointalksearch.org

Muhammed Zakir

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I prefer Zakir over Muhammed when mentioning me!

Quote from: gugel8989 on April 08, 2015, 03:50:42 AM

Love Coinbase so much. The cool thing about an online wallet is that I have access to my BTC wherever I am in the world without any hassle. If I were to carry my wallet.dat file on a pendrive with me, I would have to install the qt on a public computer (unless I bring my laptop with me everywhere which is cumbersome) every time I wanna use my BTC which is risky.

Cool thing about online wallet is you don't own Bitcoins by definition and that means, the service provider can take it whenever they like. It is like giving keys to your bank to others and tell them to unlock and take money when you want it. I think nobody does this.

Can't you use a paper wallet + mobile wallet or only mobile wallet?

gugel8989

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Love Coinbase so much. The cool thing about an online wallet is that I have access to my BTC wherever I am in the world without any hassle. If I were to carry my wallet.dat file on a pendrive with me, I would have to install the qt on a public computer (unless I bring my laptop with me everywhere which is cumbersome) every time I wanna use my BTC which is risky.

fahrenheit451

newbie

Activity: 36

Merit: 0

Quote from: Muhammed Zakir on April 07, 2015, 09:11:28 AM

No. Ledger is powered by HW. 1 firmware which is open-source AFAIK and also https://github.com/LedgerHQ/.

I'm afraid this is not entirely true (but I know I'm taking it to the extreme here):

Quote

The firmware is not open source - as vendor NDAs prevent us from releasing a source code that would be of any use to our users. However, the specifications are fully open and detailed, and all cryptographic operations are deterministic, which allow any user to verify that the card is answering what it should and that there is no side channel.

Source: http://support.ledgerwallet.com/knowledge_base/topics/is-it-open-source?from_search=true

Muhammed Zakir

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Quote from: fahrenheit451 on April 07, 2015, 08:44:00 AM

Ledger is based on a proprietary, closed source secure chip (NSA anybody?), therefore it is inherently less secure than Trezor. It depends on your level of paranoia thou

No. Ledger is powered by HW. 1 firmware which is open-source AFAIK and also https://github.com/LedgerHQ/.

Quote from: fahrenheit451 on April 07, 2015, 08:44:00 AM

Okay, it isn't a cold wallet by definition, but it basically is a paper wallet which you can spend from without exposing your private keys to anything internet connected, transactions are signed in-device.

Right except about the similarity to paper wallet. You will have to expose private key in a paper wallet for sending Bitcoin unless you sign in an offline computer and if there is an offline computer, there isn't need of paper wallet.

Quote from: fahrenheit451 on April 07, 2015, 08:44:00 AM

You are right about the price thou, no reason to protect your bitcoins with a wallet that's worth more than what it holds

Precisely. If you only want to hold a small amount, Ledger or paper wallet or even a secure online pc is enough. Most people buy Trezor if they have many Bitcoins to hold.

fahrenheit451

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Quote from: Muhammed Zakir on March 18, 2015, 08:46:48 AM

Quote from: fahrenheit451 on March 18, 2015, 08:39:02 AM

I think Trezor (bitcointrezor.com) is the best wallet out there, it's BIP32 compatible so you can recover your coins to other wallets when it gets lost or stolen + you private keys never touch internet or anything that might be compromised by malware or other viruses. And unlike other cold wallets you can also spend your coins from Trezor, gotta say I love mine.

Most of then can't buy it because of the price. Ledger is the only direct-competitor to Trezor.

And, if the wallet is connected to internet, it isn't a "cold storage".

If you are going for a hardware wallet, I recommend Ledger. An overview of hardware wallets can be seen here.

Ledger is based on a proprietary, closed source secure chip (NSA anybody?), therefore it is inherently less secure than Trezor. It depends on your level of paranoia thou

Okay, it isn't a cold wallet by definition, but it basically is a paper wallet which you can spend from without exposing your private keys to anything internet connected, transactions are signed in-device.

You are right about the price thou, no reason to protect your bitcoins with a wallet that's worth more than what it holds

tornike

newbie

Activity: 5

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Bitcoin Core is the most secure you can go as it is most throughly tested by various developers and a lot of community members and it is a full node which doesn't require trust.

cloud36649

newbie

Activity: 35

Merit: 0

AirBitz is a great mobile wallet.

I'd recommend either Blockchain.info or HolyTransaction for web if they are needed for general usage.

favdesu

legendary

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depends on your needs.

I'd go with electrum for storage and block.io / blockchain.info for daily use.

winchancer

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My choice is blockchain.info
anonymous with Tor support

Muhammed Zakir

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I prefer Zakir over Muhammed when mentioning me!

Quote from: fahrenheit451 on March 18, 2015, 08:39:02 AM

I think Trezor (bitcointrezor.com) is the best wallet out there, it's BIP32 compatible so you can recover your coins to other wallets when it gets lost or stolen + you private keys never touch internet or anything that might be compromised by malware or other viruses. And unlike other cold wallets you can also spend your coins from Trezor, gotta say I love mine.

Most of then can't buy it because of the price. Ledger is the only direct-competitor to Trezor.

And, if the wallet is connected to internet, it isn't a "cold storage".

If you are going for a hardware wallet, I recommend Ledger. An overview of hardware wallets can be seen here.

fahrenheit451

newbie

Activity: 36

Merit: 0

I think Trezor (bitcointrezor.com) is the best wallet out there, it's BIP32 compatible so you can recover your coins to other wallets when it gets lost or stolen + you private keys never touch internet or anything that might be compromised by malware or other viruses. And unlike other cold wallets you can also spend your coins from Trezor, gotta say I love mine.

nandaltc

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Quote from: LOBSTER on January 02, 2015, 06:02:18 AM

Quote from: Marcy on January 02, 2015, 05:42:14 AM

i choose blockchain too
its secure

Please remember the massive amount of thefts there despite 2FA! Always be careful when using an online wallet.

Often a user is at fault cause of that. Or blockchain.info refunded everyone

Buziss

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If you want the highest level of security, put your bitcoin in a cold storage.
If you are not so paranoid and have limited resources (HDD space or bandwidth), Electrum is a great choice.
If you want to support the bitcoin network, running a full node with Bitcoin Core is the best.

Buziss

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Quote from: choZin on January 02, 2015, 07:09:11 AM

Quote from: LOBSTER on January 02, 2015, 06:02:18 AM

Quote from: Marcy on January 02, 2015, 05:42:14 AM

i choose blockchain too
its secure

Please remember the massive amount of thefts there despite 2FA! Always be careful when using an online wallet.

yes agree with you,must activated 2fa

I believe LOBSTER was talking about the R value bug last month.
Unfortunately enabling 2FA doesn't prevent loss in that case as your private keys are leaked directly.

alamanjani

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While I have core wallet as well, I like Electrum wallet since it does not download the whole block chain and it works on many different platforms (Windows, Linux, Mac...)

Muhammed Zakir

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Activity: 560

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I prefer Zakir over Muhammed when mentioning me!

I recommend not to use wallets like Coinbase or Xapo because you don't have access to the private keys. So, if their server or if they go, your bitcoins are lost. Try to use a desktop or mobile wallet. If you do travel a lot, try to use blockchain.info with 2FA but if you have Android, then install an Android wallet.

~~MZ~~

Miftach

sr. member

Activity: 266

Merit: 250

i choose coinbase
support sms verification and securely other

choZin

full member

Activity: 238

Merit: 100

Quote from: LOBSTER on January 02, 2015, 06:02:18 AM

Quote from: Marcy on January 02, 2015, 05:42:14 AM

i choose blockchain too
its secure

Please remember the massive amount of thefts there despite 2FA! Always be careful when using an online wallet.

yes agree with you,must activated 2fa

LOBSTER

hero member

Activity: 560

Merit: 500

Quote from: Marcy on January 02, 2015, 05:42:14 AM

i choose blockchain too
its secure

Please remember the massive amount of thefts there despite 2FA! Always be careful when using an online wallet.

Josef27

hero member

Activity: 784

Merit: 1000

MultiBit, a lightweight version wallet

You don't need to sync the whole blocks, also you be able to have multiple address + allow to add passphrase

Topic: Best bitcoin wallet - page 5. (Read 102023 times)