Author

Topic: Best hardware wallet: Trezor/Bitsafe/Hardbit/Something else (Read 1158 times)

sr. member
Activity: 470
Merit: 250
I'm starting to accumulate too much Bitcoin to be totally comfortable to have it even on multisig wallets like BitGo, and I'm far too lazy to mop around with offline or paperwallets...So hardware wallets then. What are my options, which would you recommend out of Trezor, Hardbit and Bitsafe in regard of easy to use and safety? Anything else out there? What's your thoughts guys?

AFAIK there aren't really any hardware wallet readily available yet, just look at Trezor, they are way behind with their orders.

But setting up a cold storage on an old Asus EEE netbook running Linux with Armory doesn't take more than an hour or so and it is rather easy to do actually. I'd be glad to help.

Thx banana, but I do think that Bitgo is safe enough until the hardware wallets are out, it should be quite soon. Hardbit is supposed to be out already, although I couldn't find where to buy it. Bitgo being multisig should be quite safe for now. They require me to use a one-time password they text me to my phone everytime y move something out of my wallet (plus a normal pw for my account on Bitgo and another for my wallet). Or am I being foolish to store my coins there even if it's only until I get my hands on a hardware wallet?

Jipsi, Electrum is just a normal wallet that would require me to do the paper/offline wallet routine to be safe  isn't it?
full member
Activity: 149
Merit: 100
Electrum for sure. It works on all platforms and you don't need to download the whole blockchain.
sr. member
Activity: 322
Merit: 250
Decentralize All The Things!
I'm starting to accumulate too much Bitcoin to be totally comfortable to have it even on multisig wallets like BitGo, and I'm far too lazy to mop around with offline or paperwallets...So hardware wallets then. What are my options, which would you recommend out of Trezor, Hardbit and Bitsafe in regard of easy to use and safety? Anything else out there? What's your thoughts guys?

AFAIK there aren't really any hardware wallet readily available yet, just look at Trezor, they are way behind with their orders.

But setting up a cold storage on an old Asus EEE netbook running Linux with Armory doesn't take more than an hour or so and it is rather easy to do actually. I'd be glad to help.
sr. member
Activity: 470
Merit: 250
Don't want to trust a third party. It might be safe from hackers, but not for either government shut-downs or Xapo themselves being scammers. They're probably honest (and I've actually pre-ordered their debit - card) but for my life savings, "probably" is not good enough. Bitgo is safe from gov shutdowns and quite safe from outside hackers, but if they themselves were dishonest they could probably steel from me.
full member
Activity: 196
Merit: 100
sr. member
Activity: 470
Merit: 250
I'm starting to accumulate too much Bitcoin to be totally comfortable to have it even on multisig wallets like BitGo, and I'm far too lazy to mop around with offline or paperwallets...So hardware wallets then. What are my options, which would you recommend out of Trezor, Hardbit and Bitsafe in regard of easy to use and safety? Anything else out there? What's your thoughts guys?
Jump to: