Topic: how to choose a high secured wallet ?? - page 3. (Read 773 times)
which one is very safe ( high secured) linux or windows ..?
The security of your wallet depends on the whole system architecture.
For example: A completely unencrypted desktop wallet on a linux system is way more secure than an encrypted wallet on a windows machine.
Having your wallet secured is good, yes. But it is worthless if you get tricked by a scammer to send him your BTC by yourself.
For example: A completely unencrypted desktop wallet on a linux system is way more secure than an encrypted wallet on a windows machine.
Having your wallet secured is good, yes. But it is worthless if you get tricked by a scammer to send him your BTC by yourself.
You should never ever have your desktop wallet unencrypted. Don't get fooled that linux is much safer than windows.
many more peoples are asking , ''go for hardware wallet and what are the main advantages of it 
and what is the difference between hardware wallet and other wallets
Well these hardware wallets built their reputation and has proven to be trustworthy so your money is worth taking any of them. What other wallets you are saying? web wallets? its likely that your funds can be gone if something goes wrong with them. and what is the difference between hardware wallet and other wallets
Choose a wallet that you hold the private keys, have you tried paper wallets for long term keeps?
many more peoples are asking , ''go for hardware wallet and what are the main advantages of it
and what is the difference between hardware wallet and other wallets
and what is the difference between hardware wallet and other wallets
Hardware vs. Software Wallets – CoinBundle – Medium
Storing Cryptocurrency - Software Wallet Vs Hardware Wallet
read both articles, I think they would be helpful for you.also read this one: [General] Bitcoin Wallets - Which, what, why?
many more peoples are asking , ''go for hardware wallet and what are the main advantages of it
and what is the difference between hardware wallet and other wallets
and what is the difference between hardware wallet and other wallets
I wouldnt trust any software wallet again. Just take a look at the bugs electrum had in the span of a year, almost any of those bugs could have led to losing your coins.
Bugs(plural)? I'm aware of precisely one major vulnerability that Electrum had recently... no-one noticed it for a long time. Once found and advised, the Electrum Devs fixed it immediately.https://github.com/spesmilo/electrum-docs/blob/master/cve.rst
To be exploited, you needed to be running the insecure version, have the wallet actually open and running AND visit a webpage that exploited the vulnerability.
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If you really want to store your coins safely you will have to buy a hardware wallet.
You do realise that hardware wallets like Trezor and Ledger have had security vulnerabilities too, right?https://blog.trezor.io/details-about-the-security-updates-in-trezor-one-firmware-1-6-2-a3b25b668e98
https://www.ledger.fr/2018/03/20/firmware-1-4-deep-dive-security-fixes/
That isn't to say they aren't one of the safer options, along with paper wallets... people just need to be aware that nothing is 100% secure.
I wouldnt trust any software wallet again. Just take a look at the bugs electrum had in the span of a year, almost any of those bugs could have led to losing your coins.
If you really want to store your coins safely you will have to buy a hardware wallet.
If you really want to store your coins safely you will have to buy a hardware wallet.
It is true that there are so many wallet out there but I highly recommend hardware wallet. Most of bitcoiners suggest this, I think you should consider.
there are many more wallets are in crypto world , but we must know about the security of wallet ..
how to choose a high secured wallet ..?? which properties are very important to us for must learn about the wallet security ??
and transaction fees is depending on wallets !! and it's features !! tell me your suggestions for this topic ...!!
how to choose a high secured wallet ..?? which properties are very important to us for must learn about the wallet security ??
and transaction fees is depending on wallets !! and it's features !! tell me your suggestions for this topic ...!!
Hey agreed there're many wallets out there and I only recommend two which one you should choose depends on your amount of bitcoins you intend to hodl. I would suggest Electrum wallet, it's highly secured, easy to operate has a desktop version and a mobile application. My second suggestion is to buy a Trezor wallet if you plan to hold a huge amount of money in bitcoins, you should act quickly and take advantage of Black Friday deals.
The security of your wallet depends on the whole system architecture.
For example: A completely unencrypted desktop wallet on a linux system is way more secure than an encrypted wallet on a windows machine.
For high security, your goal should be to have the private keys in an offline environment.
Either by using a dedicated device only for storing the private keys, using a paper wallet or (the most convenient one) using a hardware wallet.
Paper wallets and airgapped storages are quite tricky to spend coins from. A hardware wallet can easily be plugged in into your computer (even if infected) without losing your coins.
However, if you don't want to buy a hardware wallet, but still want convenient storage, a desktop wallet can(!) also be secure. But this depends on the way you are using your system.
Since more than 97% of all malware is coded for windows, i would NOT regard a desktop wallet on windows as safe enough to store higher amounts of BTC on it.
On a linux system on the other side, it might be safe enough.
Also, one should never forget the most important thing: Common sense.
Having your wallet secured is good, yes. But it is worthless if you get tricked by a scammer to send him your BTC by yourself.
For example: A completely unencrypted desktop wallet on a linux system is way more secure than an encrypted wallet on a windows machine.
For high security, your goal should be to have the private keys in an offline environment.
Either by using a dedicated device only for storing the private keys, using a paper wallet or (the most convenient one) using a hardware wallet.
Paper wallets and airgapped storages are quite tricky to spend coins from. A hardware wallet can easily be plugged in into your computer (even if infected) without losing your coins.
However, if you don't want to buy a hardware wallet, but still want convenient storage, a desktop wallet can(!) also be secure. But this depends on the way you are using your system.
Since more than 97% of all malware is coded for windows, i would NOT regard a desktop wallet on windows as safe enough to store higher amounts of BTC on it.
On a linux system on the other side, it might be safe enough.
Also, one should never forget the most important thing: Common sense.
Having your wallet secured is good, yes. But it is worthless if you get tricked by a scammer to send him your BTC by yourself.
As @OmegaStarScream said, Hardware wallets are the safest as far as security of your tokens is concerned. However make sure you don't buy it from Third party sellers as there have been reports of fake hardware wallets in circulation posing as genuine Trezor wallets.
If you opt for web wallets or apps , make sure you use wallets that have been around for sometime and have a wider user base. Avoid recently introduced wallets and while at it of course:
- Keep the computer clean, Discard all shady apps,
- Don't download shady browser extensions,
- Don't download shady documents from the web
- Update your computer/phone regularly
- Always generate, copy and store your private keys and mnemonic phrases offline. Don't screenshoot them
If you opt for web wallets or apps , make sure you use wallets that have been around for sometime and have a wider user base. Avoid recently introduced wallets and while at it of course:
- Keep the computer clean, Discard all shady apps,
- Don't download shady browser extensions,
- Don't download shady documents from the web
- Update your computer/phone regularly
- Always generate, copy and store your private keys and mnemonic phrases offline. Don't screenshoot them
If a wallet is made properly, the fees should depend mostly on the current state of the network/mempool.
As for security, there is no better option then hardware wallets, you might want to grab a Trezor or Ledger nano S while the Black Friday deals are still on.
Web wallets/online are not suggested and as for desktop wallets, it's only safe If your computer is clean.
As for security, there is no better option then hardware wallets, you might want to grab a Trezor or Ledger nano S while the Black Friday deals are still on.
Web wallets/online are not suggested and as for desktop wallets, it's only safe If your computer is clean.
there are many more wallets are in crypto world , but we must know about the security of wallet ..
how to choose a high secured wallet ..?? which properties are very important to us for must learn about the wallet security ??
and transaction fees is depending on wallets !! and it's features !! tell me your suggestions for this topic ...!!
how to choose a high secured wallet ..?? which properties are very important to us for must learn about the wallet security ??
and transaction fees is depending on wallets !! and it's features !! tell me your suggestions for this topic ...!!
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