Pages:
Author

Topic: Most Secure bitcoin wallet ? - page 15. (Read 36312 times)

klf
legendary
Activity: 1344
Merit: 1000
September 15, 2015, 10:55:26 AM
I trust my wallet (core) a lot more than any other online wallet.
online wallets are prone to downtime, like blockchain.info just lately
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
September 15, 2015, 02:17:45 AM
I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.



I just checked them , but can't seem to find anything to download unless you are speaking about their Android and iOS versions for smartphones .

https://wallet.blocktrail.com you can create your wallet, it's web/online wallet.
I guess you opened the site with your smartphone?
full member
Activity: 140
Merit: 100
September 15, 2015, 01:49:30 AM
I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.



I just checked them , but can't seem to find anything to download unless you are speaking about their Android and iOS versions for smartphones .

You can go to their website and get the wallet for your computer.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
September 14, 2015, 12:55:24 PM
Xapo is a pretty secure Bitcoin wallet. It uses the "cold-storage" method of storing your coins, making it difficult for a hacker to steal your coins. You could also get a Tezor, but those are more expensive.
xapo is not a wallet..
you do not have acces to private key your wallet, when xapo's gone, your bitcoin is gone too

Xapo is a wallet, it's web/online wallet, check here: https://bitcoin.org/en/choose-your-wallet look at web tab, xapo is listed as web wallet.
But like oxiyusuf said, xapo is not give you a private key, it's "hot-wallet", so becareful to use web/online wallet and exchanger, don't store all coins there, it's risky.
legendary
Activity: 1568
Merit: 1031
September 14, 2015, 11:08:40 AM
I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.



I just checked them , but can't seem to find anything to download unless you are speaking about their Android and iOS versions for smartphones .
full member
Activity: 140
Merit: 100
September 14, 2015, 04:51:48 AM
I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.

full member
Activity: 152
Merit: 100
September 11, 2015, 12:20:59 PM
The most secure bitcoin wallet is the offline ones, I dont use them,  because MultiBit works fine for me, and it has all I need it. ill recommend you one of those.
legendary
Activity: 3472
Merit: 10611
September 06, 2015, 12:28:26 PM
every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : [u  rl=https://www.bitcointrezor.com/]Trezor[/url] & [u rl=https://www.ledgerwallet.com/]Ledger Wallet[/url]

i didn't forget hardware wallets, i didn't mention them because they are not free.
all the things that i mentioned in my earlier comment are my personal preference. so i never include hardware wallet because i don't see any benefit of paying for hardware wallet when i can make a secure offline wallet on my own and for free.
hero member
Activity: 504
Merit: 500
September 06, 2015, 10:41:19 AM
every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : Trezor & Ledger Wallet

Ledger wallet seems to be much cheaper than Trezor which one of these two is the best?

Trezor is old one and Ledger still new one but both of them seems promising as most secured wallet.
That's make me kindda difficult to select between them

Is there any difference in performance or in security, except the price which is Trezor 99$ - Ledger 15€(or 29€)
legendary
Activity: 1232
Merit: 1000
September 06, 2015, 10:34:39 AM
blockchain with a 2fa security and bitcoin core or bitcoin qt these both are the strongest,safest,and most efficient wallets till now
Yes, it is true. I also only use blockchain + 2FA, I use this already several years and has never been my bitcoin lost in hack  Smiley
legendary
Activity: 1218
Merit: 1001
September 06, 2015, 10:29:19 AM
every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : Trezor & Ledger Wallet

Ledger wallet seems to be much cheaper than Trezor which one of these two is the best?

Trezor is old one and Ledger still new one but both of them seems promising as most secured wallet.
That's make me kindda difficult to select between them
member
Activity: 70
Merit: 10
September 06, 2015, 08:55:40 AM
I think electrum or multibit is the best wallet out there.

Electrum is easy to use, while multibit is good for phones.
hero member
Activity: 504
Merit: 500
September 06, 2015, 05:55:49 AM
every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : Trezor & Ledger Wallet

Ledger wallet seems to be much cheaper than Trezor which one of these two is the best?
legendary
Activity: 3472
Merit: 10611
September 06, 2015, 01:44:18 AM
every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
September 05, 2015, 11:47:09 PM
I prefer software based wallets(in my case I use mycelium on android) but some will prefer hardware wallets for more security. I don't really recommend web based wallets
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
September 03, 2015, 05:10:51 AM
i like the trezor idea but here is my thing . right now i use coinbase , blockchain , and block.io . i really only go to faucets . i am not really old but definitely not  a youngun say i put my btc in a trezor for my grand babies and no one checks on it for 5 or 10 years would it still be accessable ?

I think as long as you give an access to your grand babies, it's still can accessable.
Good choice for store your coins for long term.
sr. member
Activity: 462
Merit: 251
September 03, 2015, 04:53:53 AM
Xapo is a pretty secure Bitcoin wallet. It uses the "cold-storage" method of storing your coins, making it difficult for a hacker to steal your coins. You could also get a Tezor, but those are more expensive.
xapo is not a wallet..
you do not have acces to private key your wallet, when xapo's gone, your bitcoin is gone too
full member
Activity: 182
Merit: 100
September 03, 2015, 03:35:23 AM
blockchain with a 2fa security and bitcoin core or bitcoin qt these both are the strongest,safest,and most efficient wallets till now
full member
Activity: 124
Merit: 100
cancer sucks
September 02, 2015, 08:46:38 PM
i like the trezor idea but here is my thing . right now i use coinbase , blockchain , and block.io . i really only go to faucets . i am not really old but definitely not  a youngun say i put my btc in a trezor for my grand babies and no one checks on it for 5 or 10 years would it still be accessable ?
legendary
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
September 02, 2015, 08:02:55 PM
im currently using the copay wallet. it gave me a extended private key.
if i lost access to copay and i wanted to sweep my funds, how do i do that with the extended private key?
Your statement above is very concerning.  You said "it gave me a extended private key".  I have just started to research this wallet and it looks to be a very well thought out open source modern deterministic wallet.

I still like that the extended private key never leaves the Trezor and it is basically impossible to get it.  That is why I like the Trezor.

With access to the extended private key it is possible to steal all the Bitcoins from ALL of your Bitcoin addresses in all of your accounts you have ever created or will ever create from that extended key. 

Losing control of an extended private key is much worse than losing control of a single private key.

I do not know where you can import an extended private key directly.  I have taken the seed words from the Trezor and imported them into other deterministic wallets.  When you create a copay wallet I would expect it to give you the seed word list so you can import that into other deterministic wallets, but it sounds like they do not do that.

Since that is what they gave you I expect you can import it into another copay wallet if you lose your phone.

I plan to download the copay wallet and play with it a bit.  It looks like it may be something pretty sweet.
Pages:
Jump to: