bitcoin.org "choose your wallet" | Bitcointalksearch.org

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

Quote from: btccashacc on November 29, 2016, 09:12:48 AM

Quote from: arransiv on November 19, 2016, 09:18:50 AM

So if blockchain.info isn't considered an secure wallet, why a lot of people use this wallet? Dumb?

There's a lot of wallets there, if one day this site got hacked, the bitcoin price will go to the ground...

The reasons why people still use blockchain.info even though its not listed on bitcoin.org, i think due to the blockchain.info is the first wallet they created, we all know that many newbies get in to the bitcoin used blockchain.info for the first time, maybe they are too lazy or feel good enough with it's feature. Or they never try out other wallets so they will never know what is the safest wallet for them, blockhain.info might be safe but if the site is down, do you still have access to your coins?

Well, firstly it is not that only wallets listed on Bitcoin.org are good or the best. Secondly, it is not that blockchain.info suddenly became a worthless wallet it is still the same.
A far as I know there is no documented hacking incident where service itself was hacked - only cases when users failed to protect their credentials so hackers could get access to their wallet.

btccashacc

legendary

Activity: 1120

Merit: 1000

Quote from: arransiv on November 19, 2016, 09:18:50 AM

So if blockchain.info isn't considered an secure wallet, why a lot of people use this wallet? Dumb?

There's a lot of wallets there, if one day this site got hacked, the bitcoin price will go to the ground...

The reasons why people still use blockchain.info even though its not listed on bitcoin.org, i think due to the blockchain.info is the first wallet they created, we all know that many newbies get in to the bitcoin used blockchain.info for the first time, maybe they are too lazy or feel good enough with it's feature. Or they never try out other wallets so they will never know what is the safest wallet for them, blockhain.info might be safe but if the site is down, do you still have access to your coins?

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: arransiv on November 19, 2016, 09:18:50 AM

So if blockchain.info isn't considered an secure wallet, why a lot of people use this wallet? Dumb?

There's a lot of wallets there, if one day this site got hacked, the bitcoin price will go to the ground...

maybe because of its user friendly interface and it's easy to use and it seems most of their users gamblers and most of the transactions are from gambling because other web wallets are not tolerating users that dealing with online gambling. I am also using blockchain.info and I am keeping all my earning from signature campaign to it but i didn't know that blockchain.info is vulnerable.

neochiny

hero member

Activity: 756

Merit: 503

Crypto.games

Quote from: Bitcoin0916 link=topic=1684866.msg16970655#msg16970655

I ever to tried used Electrum, I think the features and secure is very good, but for me that have small account noy use again. I more like coinbase or xapo wallet, because simple, secure (always need sms verify) and good interface.

Coinbase and Xapo are okay for small amounts only.like for micro payments and such. But for storing majority of your bitcoins,that's a big no. That's like asking to get hacked/lose your coins, and you can never feel totally secure since you never know if/when your account gets frozen. That's too much of a hassle.

I used to be okay with blockchain.info, but ever since the new HD wallets, it's too much of a hassle figuring things out and some functions like signing messages with newly generated addresses are even gone.
So, I personally just use mycelium now.
And thanks for this. https://bitcoin.org/en/choose-your-wallet , will definitely check it out.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

Quote from: Bitcoin0916 on November 23, 2016, 06:35:50 PM

I more like coinbase or xapo wallet, because simple, secure (always need sms verify) and good interface.

Yeah, it is secure until they decide to froze your account over something you probably didn't know was against their Terms of Service.
Until you don't have copy of your wallet.dat on your local drive and your private key is encrypted on the server side of the service you are using (so no one beside you can access that),
you can't really say online wallet is truly secure. Can you achieve that with Coinbase or Xapo?

Bitcoin0916

full member

Activity: 238

Merit: 100

Quote from: OmegaStarScream on November 22, 2016, 07:57:16 AM

Quote from: piloder on November 19, 2016, 11:52:48 AM

Quote from: OmegaStarScream on November 19, 2016, 11:32:30 AM

If by importing the wallet.dat (private keys) means swapping them to other private keys on blockchain.info servers then the imported wallet will be useless but If someone puts his hands on the wallet.dat on the servers on blockchain then cracking it would be possible. wallet.dat contains a lot of information's[1][2][3] and there is some tools to read them[4] so I assume It's possible to read the addresses + balance without the need of cracking it, after having the addresses that contains a lot of BTC , the cracking begins process begins.

[1] https://en.bitcoin.it/wiki/Wallet
[2] http://bitcoin.stackexchange.com/questions/3173/what-information-does-a-wallet-contain
[3] http://bitcoin.stackexchange.com/questions/853/what-do-the-different-dat-files-contain/854#854
[4] https://github.com/jackjack-jj/pywallet

Thanks for info, i was already frighten from blockchain few months ago when they announce that their dns server got changed from their domain registrar account which i don't think can be possible without someone else hacking it.

So paper wallet and hard ware wallet are good choice or what about electrum? I think it doesn't have any server where they store wallet info.

Electrum is with no doubt a great choice and servers don't really store anything about the private keys so If you want a wallet to use daily or at least on a weekly basis then Electrum would be the way to go.
If you want to store for long term (and don't use your BTC for years) then Paper wallets are probably the best way. (just make sure to print different backups and store them in different places).

I ever to tried used Electrum, I think the features and secure is very good, but for me that have small account noy use again. I more like coinbase or xapo wallet, because simple, secure (always need sms verify) and good interface.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: piloder on November 19, 2016, 11:52:48 AM

Quote from: OmegaStarScream on November 19, 2016, 11:32:30 AM

If by importing the wallet.dat (private keys) means swapping them to other private keys on blockchain.info servers then the imported wallet will be useless but If someone puts his hands on the wallet.dat on the servers on blockchain then cracking it would be possible. wallet.dat contains a lot of information's[1][2][3] and there is some tools to read them[4] so I assume It's possible to read the addresses + balance without the need of cracking it, after having the addresses that contains a lot of BTC , the cracking begins process begins.

[1] https://en.bitcoin.it/wiki/Wallet
[2] http://bitcoin.stackexchange.com/questions/3173/what-information-does-a-wallet-contain
[3] http://bitcoin.stackexchange.com/questions/853/what-do-the-different-dat-files-contain/854#854
[4] https://github.com/jackjack-jj/pywallet

Thanks for info, i was already frighten from blockchain few months ago when they announce that their dns server got changed from their domain registrar account which i don't think can be possible without someone else hacking it.

So paper wallet and hard ware wallet are good choice or what about electrum? I think it doesn't have any server where they store wallet info.

Electrum is with no doubt a great choice and servers don't really store anything about the private keys so If you want a wallet to use daily or at least on a weekly basis then Electrum would be the way to go.
If you want to store for long term (and don't use your BTC for years) then Paper wallets are probably the best way. (just make sure to print different backups and store them in different places).

arransiv

sr. member

Activity: 420

Merit: 250

Quote from: Bitspenser on November 20, 2016, 07:05:19 PM

Quote from: arransiv on November 20, 2016, 11:46:55 AM

Thanks for all infos @OmegaStarScream, really useful!

I believe that paper wallets are the most secure way to store bitcoins if you have big amounts and want to hold it for a good time also you can make 1 wallet for every bitcoin for example and have more security.

Paper wallets are easier to get damaged, and won't show if tampered with. The best way is probably with DIY physical bitcoins, with a QR code. Those have holograms which show if tampered with, and stand better against water.

Just put a plastic over it, make three copies, hold one with you, let the other in your parents home and the third one put on a bank safe box...

Physical coins are fine too, also you can grave in some metal too, there's a lot of options.

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

Honestly, green address is the only web wallet with (IMO) that can be considered close to being full featured and close to being free free (as in freedom) at the same time. Consider using it if you're after a good webwallet. Coinbase and Circle are widely used for allowing users to liquidate of buy BTC funds through their platform but they're lacking when it comes to wallet features, and especially Coinbase (perhaps Circle and Xapo too) enforces blacklists for words and addresses so it can't be considered free.

blockchain.info tried to come close to a full featured wallet but it's security was lacking, IMO the fact that it was removed from bitcoin.org is a good thing because it's not a good introduction to bitcoin for newbies.

Bitspenser

member

Activity: 92

Merit: 10

Quote from: arransiv on November 20, 2016, 11:46:55 AM

Thanks for all infos @OmegaStarScream, really useful!

I believe that paper wallets are the most secure way to store bitcoins if you have big amounts and want to hold it for a good time also you can make 1 wallet for every bitcoin for example and have more security.

Paper wallets are easier to get damaged, and won't show if tampered with. The best way is probably with DIY physical bitcoins, with a QR code. Those have holograms which show if tampered with, and stand better against water.

arransiv

sr. member

Activity: 420

Merit: 250

Quote from: piloder on November 19, 2016, 11:52:48 AM

Quote from: OmegaStarScream on November 19, 2016, 11:32:30 AM

If by importing the wallet.dat (private keys) means swapping them to other private keys on blockchain.info servers then the imported wallet will be useless but If someone puts his hands on the wallet.dat on the servers on blockchain then cracking it would be possible. wallet.dat contains a lot of information's[1][2][3] and there is some tools to read them[4] so I assume It's possible to read the addresses + balance without the need of cracking it, after having the addresses that contains a lot of BTC , the cracking begins process begins.

[1] https://en.bitcoin.it/wiki/Wallet
[2] http://bitcoin.stackexchange.com/questions/3173/what-information-does-a-wallet-contain
[3] http://bitcoin.stackexchange.com/questions/853/what-do-the-different-dat-files-contain/854#854
[4] https://github.com/jackjack-jj/pywallet

Thanks for info, i was already frighten from blockchain few months ago when they announce that their dns server got changed from their domain registrar account which i don't think can be possible without someone else hacking it.

So paper wallet and hard ware wallet are good choice or what about electrum? I think it doesn't have any server where they store wallet info.

Thanks for all infos @OmegaStarScream, really useful!

I believe that paper wallets are the most secure way to store bitcoins if you have big amounts and want to hold it for a good time also you can make 1 wallet for every bitcoin for example and have more security.

piloder

legendary

Activity: 966

Merit: 1006

Quote from: OmegaStarScream on November 19, 2016, 11:32:30 AM

If by importing the wallet.dat (private keys) means swapping them to other private keys on blockchain.info servers then the imported wallet will be useless but If someone puts his hands on the wallet.dat on the servers on blockchain then cracking it would be possible. wallet.dat contains a lot of information's[1][2][3] and there is some tools to read them[4] so I assume It's possible to read the addresses + balance without the need of cracking it, after having the addresses that contains a lot of BTC , the cracking begins process begins.

[1] https://en.bitcoin.it/wiki/Wallet
[2] http://bitcoin.stackexchange.com/questions/3173/what-information-does-a-wallet-contain
[3] http://bitcoin.stackexchange.com/questions/853/what-do-the-different-dat-files-contain/854#854
[4] https://github.com/jackjack-jj/pywallet

Thanks for info, i was already frighten from blockchain few months ago when they announce that their dns server got changed from their domain registrar account which i don't think can be possible without someone else hacking it.

So paper wallet and hard ware wallet are good choice or what about electrum? I think it doesn't have any server where they store wallet info.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: piloder on November 19, 2016, 09:48:57 AM

Quote from: OmegaStarScream on November 19, 2016, 09:42:18 AM

Unlike Coinbase and other services , Blockchain.info don't control our private keys and don't have our password stored in their servers but It's hackable , anyone with access to their servers could try to crack the wallet.dat and get some $$ in his hands with no effort as some passwords are weak.

I have one question could someone can also get hands in the bitcoins that was imported in blockchain.info if they crack wallet.dat file? And even getting access to wallet.dat file from blockchain.info server hacker will have hard time to crack individual wallet which they even don't know how much bitcoin it carry.

However it is true that no any web wallets should be considered as safe place to store bitcoins.

If by importing the wallet.dat (private keys) means swapping them to other private keys on blockchain.info servers then the imported wallet will be useless but If someone puts his hands on the wallet.dat on the servers on blockchain then cracking it would be possible. wallet.dat contains a lot of information's[1][2][3] and there is some tools to read them[4] so I assume It's possible to read the addresses + balance without the need of cracking it, after having the addresses that contains a lot of BTC , the cracking begins process begins.

[1] https://en.bitcoin.it/wiki/Wallet
[2] http://bitcoin.stackexchange.com/questions/3173/what-information-does-a-wallet-contain
[3] http://bitcoin.stackexchange.com/questions/853/what-do-the-different-dat-files-contain/854#854
[4] https://github.com/jackjack-jj/pywallet

piloder

legendary

Activity: 966

Merit: 1006

Quote from: OmegaStarScream on November 19, 2016, 09:42:18 AM

Unlike Coinbase and other services , Blockchain.info don't control our private keys and don't have our password stored in their servers but It's hackable , anyone with access to their servers could try to crack the wallet.dat and get some $$ in his hands with no effort as some passwords are weak.

I have one question could someone can also get hands in the bitcoins that was imported in blockchain.info if they crack wallet.dat file? And even getting access to wallet.dat file from blockchain.info server hacker will have hard time to crack individual wallet which they even don't know how much bitcoin it carry.

However it is true that no any web wallets should be considered as safe place to store bitcoins.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: arransiv on November 19, 2016, 09:18:50 AM

So if blockchain.info isn't considered an secure wallet, why a lot of people use this wallet? Dumb?

There's a lot of wallets there, if one day this site got hacked, the bitcoin price will go to the ground...

People use it because they are used to it and they don't want to switch until something bad happens to their funds , It's human nature. Blockchain.info was probably the first online wallet that got first created , with time , people was recommending others to use it because It's easy to use and have a good interface , without forgetting that gambling websites was giving blockchain.info as an option to store their funds .And now It became a habit and no one gives a damn about their security anymore.
Unlike Coinbase and other services , Blockchain.info don't control our private keys and don't have our password stored in their servers but It's hackable , anyone with access to their servers could try to crack the wallet.dat and get some $$ in his hands with no effort as some passwords are weak.

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

Quote from: arransiv on November 19, 2016, 09:18:50 AM

So if blockchain.info isn't considered an secure wallet, why a lot of people use this wallet? Dumb?

There's a lot of wallets there, if one day this site got hacked, the bitcoin price will go to the ground...

Actually blockchain.info have nice and easy to understand user interface and they are client based. Also their web wallets, mobile wallets and browser wallet are easy to use.

As blockchain.info is client side encrypted (https://blockchain.info/wallet/features), i don't think hacker will have any luck on moving users fund out of it. I also use them but not for high amount of bitcoin.

arransiv

sr. member

Activity: 420

Merit: 250

So if blockchain.info isn't considered an secure wallet, why a lot of people use this wallet? Dumb?

There's a lot of wallets there, if one day this site got hacked, the bitcoin price will go to the ground...

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: Hazir on November 18, 2016, 09:14:36 AM

It is not like Blockchain.info's removal from the list of good/secure wallets on Bitcoin.org is permanent.
There were cases that wallets which were preciously removed from that list come back at it after a while - most recent example: Armory.

Indeed but they got removed for two different things . Blockchain.info was removed due to the vulnerabilities It contained while Armory got removed because It was no longer being developed and their website wasn't functional and now goatpig and Achow101 too I guess , are developing it once again.
So If Blockchain wants to get back to the list , they will have to fix their security issues and vulnerabilities first and It looks like It's getting worst since they introduced the new wallet .

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

It is not like Blockchain.info's removal from the list of good/secure wallets on Bitcoin.org is permanent.
There were cases that wallets which were preciously removed from that list come back at it after a while - most recent example: Armory.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: arransiv on November 18, 2016, 03:42:37 AM

Don't know if there's a identical thread over here however I want to know why the official site(https://bitcoin.org/en/choose-your-wallet) don't show blockchain.info as a web wallet option, I believe this wallet is the most used by users so why it's not listed on the site? What's the criterea?

Thanks.

It got removed because It's not considered as a secure wallet , see here https://github.com/bitcoin-dot-org/bitcoin.org/pull/663#issuecomment-65656828 . As for the criteria then you can find them here : https://github.com/bitcoin-dot-org/bitcoin.org#wallets

Topic: bitcoin.org "choose your wallet" (Read 1003 times)