Bitcoin Trezor vs Blockchain + 2FA - page 2.

franky1

legendary

Activity: 4270

Merit: 4534

Quote from: keithers on August 11, 2014, 04:51:38 PM

Quote from: franky1 on August 11, 2014, 04:39:25 PM

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ + ] If you have cellphone 2FA authentication you have to have physical access to your phone
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ - ] i sent a support message a week ago, still awaiting a reply
[ - ] Price: $120
[ - ] a trojan/phish can be used to make the website integration perform a man in the middle to request the seed
[ - ]cant be used easily whilst out and about, such as on smart phone

This right here is pretty accurate IMO. I don't have my trezor yet, but it should be arriving today (I hope), so I will be able to report back on the comparison of both. The convenience of being able to use blockchain.info while out and about is a major plus. Basically if you have BTC in both spots that is obviously the best.

I guess it comes down to how frequently you plan on spending BTC. If you don't plan on spending often, then Trezor is probably better. If you are frequently trading, buying, selling, sending... then maybe blockchain.info is better for you.

Obviously if you have less than $120 in BTC, then Trezor is not a smart decision.

summary:
trezor for long term "savings"
blockchain.info for SMALL "daily spend"

keithers

legendary

Activity: 1456

Merit: 1001

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

Quote from: franky1 on August 11, 2014, 04:39:25 PM

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ + ] If you have cellphone 2FA authentication you have to have physical access to your phone
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ - ] i sent a support message a week ago, still awaiting a reply
[ - ] Price: $120
[ - ] a trojan/phish can be used to make the website integration perform a man in the middle to request the seed
[ - ]cant be used easily whilst out and about, such as on smart phone

This right here is pretty accurate IMO. I don't have my trezor yet, but it should be arriving today (I hope), so I will be able to report back on the comparison of both. The convenience of being able to use blockchain.info while out and about is a major plus. Basically if you have BTC in both spots that is obviously the best.

I guess it comes down to how frequently you plan on spending BTC. If you don't plan on spending often, then Trezor is probably better. If you are frequently trading, buying, selling, sending... then maybe blockchain.info is better for you.

Obviously if you have less than $120 in BTC, then Trezor is not a smart decision.

franky1

legendary

Activity: 4270

Merit: 4534

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ + ] If you have cellphone 2FA authentication you have to have physical access to your phone
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ - ] i sent a support message a week ago, still awaiting a reply
[ - ] Price: $120
[ - ] a trojan/phish can be used to make the website integration perform a man in the middle to request the seed
[ - ]cant be used easily whilst out and about, such as on smart phone

BartmaX

member

Activity: 81

Merit: 10

Quote from: HarmonLi on August 11, 2014, 06:34:28 AM

Quote from: BartmaX on August 11, 2014, 04:06:05 AM

I would like to buy Bitcoin Trezor, but Blockchain can be also good.

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] If you have got 2FA your phone could be hacked, and hacker can see your messages (also verify messages from Blockchain, so he can withdraw BTC)
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ + ] Speed suport answers
[ - ] Price: $120

What do u think?

We are talking about blockchain.info here. Not the Bitcoin blockchain. Please try to make that clear in the future! Those are two different things!
If blockchain.info gets hacked, hackers won't have access to your coins, since you retain at least a part of your private key.

I'm talking about blockchain.info not Bitcoin blockchain bro

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: BartmaX on August 11, 2014, 04:06:05 AM

I would like to buy Bitcoin Trezor, but Blockchain can be also good.

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] If you have got 2FA your phone could be hacked, and hacker can see your messages (also verify messages from Blockchain, so he can withdraw BTC)
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ + ] Speed suport answers
[ - ] Price: $120

What do u think?

We are talking about blockchain.info here. Not the Bitcoin blockchain. Please try to make that clear in the future! Those are two different things!
If blockchain.info gets hacked, hackers won't have access to your coins, since you retain at least a part of your private key.

CoinRocka

sr. member

Activity: 249

Merit: 250

Quote from: Silly Money on August 11, 2014, 05:08:31 AM

Quote from: BartmaX on August 11, 2014, 05:05:31 AM

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?

You may say that somebody can get recovery seeds? What if you hold it in safe?

Well if it's not in a safe or a safe place they can. If you can access it somebody else might as well. Or you lose thiose seeds.

This is not a vulnerability of the product or service...the user.

Silly Money

full member

Activity: 159

Merit: 100

Quote from: BartmaX on August 11, 2014, 05:05:31 AM

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?

You may say that somebody can get recovery seeds? What if you hold it in safe?

Well if it's not in a safe or a safe place they can. If you can access it somebody else might as well. Or you lose thiose seeds.

BartmaX

member

Activity: 81

Merit: 10

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?

You may say that somebody can get recovery seeds? What if you hold it in safe?

Silly Money

full member

Activity: 159

Merit: 100

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

BartmaX

member

Activity: 81

Merit: 10

Quote from: Silly Money on August 11, 2014, 04:53:24 AM

You could lose the trezor or it could break. Depends if you are willing to spend money on it.

I will be able to recover it.
http://doc.satoshilabs.com/trezor-user/recovery.html

Silly Money

full member

Activity: 159

Merit: 100

You could lose the trezor or it could break. Depends if you are willing to spend money on it.

bithernet

hero member

Activity: 661

Merit: 503

A simple and secure Bitcoin wallet!

You can try our solution, Wink

See the following topic for more details:
https://bitcointalksearch.org/topic/ann-bither-simplesecure-bitcoin-walletdesktop-148-606238

BartmaX

member

Activity: 81

Merit: 10

I would like to buy Bitcoin Trezor, but Blockchain can be also good.

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] If you have got 2FA your phone could be hacked, and hacker can see your messages (also verify messages from Blockchain, so he can withdraw BTC)
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ + ] Speed suport answers
[ - ] Price: $120

What do u think?

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