Bitcoin Trezor vs Blockchain + 2FA | Bitcointalksearch.org

Fray

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Quote from: zedicus on August 14, 2014, 06:30:37 PM

Quote from: Hfleer on August 14, 2014, 02:04:20 PM

Quote from: keithers on August 14, 2014, 11:22:41 AM

I got my trezor a couple days ago, and just had the time to set it up last night.

Once you figure it out, it is pretty easy to use. The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin. Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).

IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future.

Electrum and armory will soon support the backup seed. Also Blockchain.info is looking into it!

Blockchain.info does use something similar to a seed, it uses a group of words that is based on your password that will allow you to have access to your identifier and password. The problem with having a seed is that it is a weak link to possibly access your money. People generally will not protect their seed in the same ways they would protect their password so there is a greater chance that someone would be able to steal bitcoin via someone's seed.

I think this is why blockchian.info = 2Fa is much more secure then using a seed. If someone were to mess up their security with their seed then they would likely have their coins stolen, however if someone messed up their security with their password and identifier then they would still have a very strong layer of protection to keep their coin safe.

zedicus

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Quote from: Hfleer on August 14, 2014, 02:04:20 PM

Quote from: keithers on August 14, 2014, 11:22:41 AM

I got my trezor a couple days ago, and just had the time to set it up last night.

Once you figure it out, it is pretty easy to use. The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin. Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).

IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future.

Electrum and armory will soon support the backup seed. Also Blockchain.info is looking into it!

Blockchain.info does use something similar to a seed, it uses a group of words that is based on your password that will allow you to have access to your identifier and password. The problem with having a seed is that it is a weak link to possibly access your money. People generally will not protect their seed in the same ways they would protect their password so there is a greater chance that someone would be able to steal bitcoin via someone's seed.

keithers

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Quote from: Hfleer on August 14, 2014, 02:39:19 PM

Quote from: keithers on August 14, 2014, 02:36:30 PM

Quote from: Hfleer on August 14, 2014, 02:04:20 PM

Quote from: keithers on August 14, 2014, 11:22:41 AM

I got my trezor a couple days ago, and just had the time to set it up last night.

Once you figure it out, it is pretty easy to use. The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin. Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).

IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future.

Electrum and armory will soon support the backup seed. Also Blockchain.info is looking into it!

I've never actually had to use a backup seed before, is it really as easy as typing in the words, and then you are off and running?

Yes it is. And after importing this one seed you have access to ALL privatekeys you could ever accessed with that trezor account.

Thanks, are you plugging in your trezor every time you check your balance, or are you just entering the receiving address?

I have not really used a block explorer before...I have just sat on my coins (and spent some here and there), how come when I enter the receiving address into blockchain.info, it doesn't show any transactions for the address?

keithers

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This is the land of wolves now & you're not a wolf

Quote from: yuriygeorge on August 13, 2014, 08:14:01 PM

Quote from: Silly Money on August 11, 2014, 05:02:11 AM

If it's recoverable isn't that a weakness in itself? What iof somebody else can recover it too?

Technically, you don't have to write the seed down if you don't want and then it wouldn't be recoverable. But, people in general do want this.

I definitely would not recommend not saving the recovery seed. Since these are so new, I'm sure a hardware failure isn't out of the question

efiin

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I love the look of Trezor and think I'll be getting it but its a little expensive for me at the moment.

Xenoph0bia

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Quote from: keithers on August 11, 2014, 08:39:11 PM

Quote from: Xenoph0bia on August 11, 2014, 06:19:46 PM

I preffer the option with lowest possibility to loose my Bitcoins. Trezor wins, but Trezor does not offer additional security for those not understanding how Trezor exactly works, so non tech people are likely to loose Bitcoins when using Trezor at compromised computer/server and revealing seed or not checking the transaction details on Trezor when signing or accepting not signed firmware

If you reveal your seed, you will basically lose your BTC with any type of wallet. I haven't received my Trezor yet (I thought it was arriving today), but I thought one of the whole points of it was to be able to use it securely even if you have a compromised computer...

Yes, trezor is secure on a compromised computer, but you still could be tricked, like asking to sign different transaction (so always check transaction details on trezor display). There are more ways how to trick you when using trezor at compromised computer, so the user is the weak point with trezor

Hfleer

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Quote from: keithers on August 14, 2014, 02:36:30 PM

Quote from: Hfleer on August 14, 2014, 02:04:20 PM

Quote from: keithers on August 14, 2014, 11:22:41 AM

I got my trezor a couple days ago, and just had the time to set it up last night.

Once you figure it out, it is pretty easy to use. The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin. Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).

IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future.

Electrum and armory will soon support the backup seed. Also Blockchain.info is looking into it!

I've never actually had to use a backup seed before, is it really as easy as typing in the words, and then you are off and running?

Yes it is. And after importing this one seed you have access to ALL privatekeys you could ever accessed with that trezor account.

keithers

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Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: Hfleer on August 14, 2014, 02:04:20 PM

Quote from: keithers on August 14, 2014, 11:22:41 AM

I got my trezor a couple days ago, and just had the time to set it up last night.

Once you figure it out, it is pretty easy to use. The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin. Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).

IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future.

Electrum and armory will soon support the backup seed. Also Blockchain.info is looking into it!

I've never actually had to use a backup seed before, is it really as easy as typing in the words, and then you are off and running?

Hfleer

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Activity: 448

Merit: 250

Changing avatars is currently not possible.

Quote from: keithers on August 14, 2014, 11:22:41 AM

I got my trezor a couple days ago, and just had the time to set it up last night.

Once you figure it out, it is pretty easy to use. The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin. Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).

IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future.

Electrum and armory will soon support the backup seed. Also Blockchain.info is looking into it!

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

I got my trezor a couple days ago, and just had the time to set it up last night.

Once you figure it out, it is pretty easy to use. The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin. Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).

IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future.

pajrinn

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I think Blockchain it's a good wallet , because im never use Bitcoin Trezor and 2FA Grin

I'm sorry before my brother Cry

Vortex20000

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sucker got hacked and screwed --Toad

TREZOR, any day. More secure.

yuriygeorge

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I hate my family

Quote from: Silly Money on August 11, 2014, 05:02:11 AM

If it's recoverable isn't that a weakness in itself? What iof somebody else can recover it too?

Technically, you don't have to write the seed down if you don't want and then it wouldn't be recoverable. But, people in general do want this.

Hfleer

sr. member

Activity: 448

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Changing avatars is currently not possible.

Op do you know the difference between blockchain and blockchain.info?

Fix that please...

Also trezor by far.

heybigboy1

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I've heard lots of great things about Trezor. I'd go with that plus its at a good price

cryptworld

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The problem of online wallets is that you actually don't have your bitcoins
they are in possesion of third party
blockchain is ok for daily use and small quantities but if you are going to hold a large amount...
I prefer other options

keithers

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Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: Xenoph0bia on August 11, 2014, 06:19:46 PM

I preffer the option with lowest possibility to loose my Bitcoins. Trezor wins, but Trezor does not offer additional security for those not understanding how Trezor exactly works, so non tech people are likely to loose Bitcoins when using Trezor at compromised computer/server and revealing seed or not checking the transaction details on Trezor when signing or accepting not signed firmware

If you reveal your seed, you will basically lose your BTC with any type of wallet. I haven't received my Trezor yet (I thought it was arriving today), but I thought one of the whole points of it was to be able to use it securely even if you have a compromised computer...

Xenoph0bia

hero member

Activity: 966

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I preffer the option with lowest possibility to loose my Bitcoins. Trezor wins, but Trezor does not offer additional security for those not understanding how Trezor exactly works, so non tech people are likely to loose Bitcoins when using Trezor at compromised computer/server and revealing seed or not checking the transaction details on Trezor when signing or accepting not signed firmware

Cryptopher

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Keep it dense, yeah?

OP, you mention that blockchain.info has only the positive of free, while you say that Trezor has only one negative which is the cost of a product that provides three positive according to you.

Surely you have answered your own question?

Buy the Trezor.

InwardContour

sr. member

Activity: 644

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Trezor is more user friendly than blockchain.info, this point isn't written in OP list but is really important.
Try to teach your parents how to use both wallets and let them choose what is the best... I know the answer!

Topic: Bitcoin Trezor vs Blockchain + 2FA (Read 3927 times)