How safe is my wallet at blockchain.info - page 2.

bitmover

legendary

Activity: 2212

Merit: 5622

Non-custodial BTC Wallet

Quote from: Crypto_Sassy on June 15, 2018, 01:31:57 PM

Thank you all.

For Electrum I am getting below 3 options under heading of easy install. I am using a windows laptop.

Standalone Executable (signature)
Windows Installer (signature)
Portable version (signature) (security advice)
Note: Some old versions of Windows might need to install the KB2999226 Windows update.

Which option I should use to install?

All of these electrum wallets are the same, just different installing methods for different uses. If you don't know which one you need, just download the Standalone Executable. It has no installation.

Quote from: Crypto_Sassy on June 15, 2018, 01:31:57 PM

I was looking for an online wallet because last time I installed a altcoin wallet, it took month to sync and killed my system performance altogether.
If there is any other safe option online? Is Green address ,segwit wallets looks safe bet.

Blockchain.info the best online wallet out there. But have in mind that all online wallets are unsafe.
Desktop wallets are unsafe too if you have bad navigation habits on that computer..

Avoid going to porn websites, avoid downloading piracy programs and cracks, avoid any shady website and do not click on phishing links and sites.

Also, download an adblock, it can help you avoid many phishing sites. I created a tutorial here: https://bitcointalk.org/index.php?topic=3210982.0;topicseen

Everyone can make a mistake and get infected, this is why desktop wallets are unsafe.

Mobile wallets such as Coinomi/samourai are the same too.

The only safe option for a newbie like you is a hardware wallet.
You can also try to make an airgrapped computer, if you have one old computer 100% offline. You need to research about how to make one properly.

Crypto_Sassy

member

Activity: 169

Merit: 18

Thank you all.

For Electrum I am getting below 3 options under heading of easy install. I am using a windows laptop.

Standalone Executable (signature)
Windows Installer (signature)
Portable version (signature) (security advice)
Note: Some old versions of Windows might need to install the KB2999226 Windows update.

Which option I should use to install?

I was looking for an online wallet because last time I installed a altcoin wallet, it took month to sync and killed my system performance altogether.
If there is any other safe option online? Is Green address ,segwit wallets looks safe bet.

bob123

legendary

Activity: 1624

Merit: 2481

You can export the seed from blockchain.info. AFAIK it is not possible to export single private keys (but i am not sure with this).

To export the seed, go to the 'security center' and clicking on'phrase backup'. You can do what ranochigo proposed to get your private keys. You might also import the seed into a BIP39 compatible wallet.
If you do this make sure to run https://iancoleman.io/bip39/ offline.

But regardless of the option to backup your seed, web wallets are the least-secure wallets.

If you want to be better secured, download a desktop wallet (e.g. a lightweight one which doesn't need the blockchain, https://electrum.org/#home.
Or, a better option is a hardware wallet. Unfortunately they are not that cheap. But definitely worth it if your investment can absorb the purchase.

Another way of securely storing your coins (which is not that convinient and 'easy' to spend from) is a cold wallet setup with a computer which is dedicated to store the private keys without any internet connection.

Or you can print a paper wallet to store them long term. But to spend from a paper wallet you have to import it into another wallet. Paper wallets are fine for long-term storage, but very unconvinient for regular usage.

Regardless, all of these wallet types are more secure than an online wallet.

ranochigo

legendary

Activity: 2954

Merit: 4158

Not safe at all. Blockchain.info is notorious for messing up the funds of their user and they shouldn't be trusted with any Bitcoins.

Did you receive the backup seed? AFAIK, the backup seed is compliant with BIP39. If you want to extract it, go to https://iancoleman.io/bip39/ and key in your seed. You can find the account number (ie derivation path) from settings>addresses.

Crypto_Sassy

member

Activity: 169

Merit: 18

I created my wallet at blockchain.info
https://blockchain.info

I get my wallet id ( for login) and I created my password too. After login I got my wallet address id to receive the funds (or public key for sharing)
as "1NXnzET4nk2Jkn6ySZfBZALV5eJyNJXBRk". But I am not finding any private key in that account.

Is I am missing something or these online wallet do not provide private keys to users ?

Topic: How safe is my wallet at blockchain.info - page 2. (Read 358 times)