Topic: GreenAddress (Read 352 times)
Is this the webwallet that has the great Adam Back involved with it? If he is then Green Address will be the safest web wallets available for all BTCers. Do not use the one with a Nick in it.
I am confused by the GreenAddress wallet, I think this is not a web wallet precisely are offline wallet, but I do not like because it must install, web wallet such as coinbase, blockchain or xapo should be simple without the need to download and install the application.
MadGamer is right greenaddress wallet has the feature to have an access your private keys which is the best part to secure your coins though I'm not using this wallet service but I didn't hear bad comments about this wallet, its up to you if you want to use this wallet but its the same as blockchain.info as web wallets, the server can be down anytime and you can't access your coins there but because you can access your private keys it makes more secure than other web wallet services.
I guess It's safe to consider it safer then Blockchain.info , Coinbase or any other web wallet . It uses both multi signature and HD and you have control over your private keys, just like electrum and If it happens and you lose access to the account details , It's possible to recover it using the mnemonic passphrase that was first given to you when you made the wallet , 2FA options are vast , you can actually enable them all or only one of them : Google Authenticator , email , SMS or phone and It's possible to add your PGP public key too.
Hi,
Any feedback for GreenAddress.
Would be grateful.
Regards,
Riz
Any feedback for GreenAddress.
Would be grateful.
Regards,
Riz
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