Topic: Most Secure bitcoin wallet ? - page 20. (Read 36312 times)
For newbies the most secure is blockchain.info, they care to secure your btc against hackers.
+1 for blockchain wallet. offers lots of useful features in an easy to use interface,
Haven’t heard any negatives so far about them.
Haven’t heard any negatives so far about them.
is it fine if I continue with blockchain.info ?
Yes, I started with blockchains wallet and I'm still using it. In my opinion, one of the best wallets, secure and reliable. I suggest you to keep that one.
I propose you to wear blockchain.info, excess wear this wallet include: having multiple security, can use google auntheticator, can wear a paper wallet in addition to security, could have more than bitcoin address, so I think blockchain.info a secure wallet for now ... hopefully ... 
What's the difference between offline & online wallet guys ?
For offline wallets like bitcoin-qt you need to download the whole blockchain but with online you don't.
For better understanding check this out. http://www.coindesk.com/information/how-to-store-your-bitcoins/
Here's all the wallets out there. https://bitcoin.org/en/choose-your-wallet
Thanks for this, I did not know how to make this safe. ^smile^
What multisig hot wallets are available on the market,
and which are considered most trusted? Thanks!
and which are considered most trusted? Thanks!
[...] That way, you're only exposing your wallet few minutes a week or less.
Doesn't matter how long or often you're exposed if you have some malware sitting there just waiting for it to happen.
It really all depends on your paranoia level. The more secure, the less convenient or "easy".
Armory is the best wallet if you consider its security, but has also some disvantages like the obligation to download the blockchain.
Anything wrong with using electrum inside a Virtual machine with as password protected wallet for spends?
I'm aware that malware can get through the host OS and into the virtualized environment but surely it would have to be a lot more specialised to do this, especially if you only run your VM to access electrum and shut it down staight after. That way, you're only exposing your wallet few minutes a week or less.
I'm aware that malware can get through the host OS and into the virtualized environment but surely it would have to be a lot more specialised to do this, especially if you only run your VM to access electrum and shut it down staight after. That way, you're only exposing your wallet few minutes a week or less.
Offline wallets are usualy the most secure. hiowever keeping large amount of money in any wallet is not recommended.
[...] Armory is the way to go, you have to have a ton of Ram but most computers these days already have a ton, but i think you need at least 6gb or more. [...]
Not any more. They fixed the RAM issue by Armory building it's own database of the blockchain data, which means you need double the amount of disk space. I.e. the blockchain data is now about 20 GB, so Armory will need 40 GB of disk space.
I probably wouldn't put more than 10-20 coins on blockchain.info and then use all their safety features, like 2FA. I havent used electrum, but have heard its really nice. Armory is the way to go, you have to have a ton of Ram but most computers these days already have a ton, but i think you need at least 6gb or more.
a lot of people are getting a cheap computer thats their dedicated bitcoin wallet. back up the wallet via a thumbdrive and never have it touch the internet. with Armory, i believe you can do most everything off line until you broadcast it... I have just kept out a few coins on my computer for spending, the rest is in cold storage via paper wallet. if I need to buy something with bitcoin, i will go to coinbase and buy it if i can or buy what i need. Actually, coinbase has really upped their game with safety. you can make paper wallets and they now whats called a vault, havent really looked at it, but it seems secure.. i dont know if they have implemented multi sig as that will be the future.
Bottom line, if you dont have a lot of coin, use coinbase or blockchain.info with their safety features, more than that get armory or a trezor.. cool device.. look it up..
a lot of people are getting a cheap computer thats their dedicated bitcoin wallet. back up the wallet via a thumbdrive and never have it touch the internet. with Armory, i believe you can do most everything off line until you broadcast it... I have just kept out a few coins on my computer for spending, the rest is in cold storage via paper wallet. if I need to buy something with bitcoin, i will go to coinbase and buy it if i can or buy what i need. Actually, coinbase has really upped their game with safety. you can make paper wallets and they now whats called a vault, havent really looked at it, but it seems secure.. i dont know if they have implemented multi sig as that will be the future.
Bottom line, if you dont have a lot of coin, use coinbase or blockchain.info with their safety features, more than that get armory or a trezor.. cool device.. look it up..
Strongcoin and Armory are both pretty good. If you're looking for a long time storage go for paperwallet.
Armory is the most advanced and secure wallet in this moment, but Electrum is more user friendly.
No wallet is really "Offline" imo. I mean how are you supossed to have an up to date wallet without internet? And how are you supossed to send/recive without internet? Without internet any wallet is useless. And I would say QT is the most secure due official status.
Not really.
You can create a wallet-only wallet in your online computer, and create an unsigned tx.
You can then sign the tx in your offline computer, and go back to your online computer to push it.
Or in one word: Armory
https://bitcoinarmory.com/
No wallet is really "Offline" imo. I mean how are you supossed to have an up to date wallet without internet? And how are you supossed to send/recive without internet? Without internet any wallet is useless. And I would say QT is the most secure due official status.
Not really.
You can create a
You can then sign the tx in your offline computer, and go back to your online computer to push it.
There isn't an unsecure offline wallet but if your computer is full of cracked software than it's better to store your coins into an online wallet like blockchain.
I don't mean to be argumentative, but... Blockchain doesn't help against malware.
Only online wallets which offer per-transaction two factor authentication have any meaningful protection against locally installed malware (and even then it's not perfect).
Blockchain is pretty much a desktop wallet which happens to store both the software and your encrypted wallet on their servers. With this model, they couldn't offer per-transaction 2fa even if they wanted to. (I don't mean to bash them, that's just the way things are).
As far as I know, the only online services that can offer per-transaction 2fa, and therefore improved malware resistance, are multisig online wallets, and online wallets who completely control your keys (e.g. Coinbase).
Of these, I happen to know that GreenAddress.it does offer per-transaction 2fa, and I think that BitGo.com does too (both are multisig online wallets, and therefore share control of your wallet keys with you). I'll bet some of the online wallets that completely control your keys also offer per-transaction 2fa, however I don't know which do and do not. One of these is probably your best bet if you think you're not running in a secure environment.
There isn't an unsecure offline wallet but if your computer is full of cracked software than it's better to store your coins into an online wallet like blockchain.
the weird thing is after spending about six months in this community, I educate my computer clients that you should store your personal photos/data/accounts in online storage like Google Cloud/DropBox etc as its safer then your harddrive
Is it safer? [link to Wikipedia]
then get involved here and read the horror stories of hacking/online wallets and cloud storage without 2FA.
Sometimes you start to think that hiding your money under the matress is safer especially as the bitcoin is devalued at present
Sometimes you start to think that hiding your money under the matress is safer especially as the bitcoin is devalued at present
I think you've got a great analogy. Google/Dropbox/Onedrive are great for casual things you'd rather not lose, but aren't super important (your kids birthday pictures, a few hundred bucks of bitcoin, etc.). Under your mattress is great for things you'd rather not get leaked to the Internet (see the link above...). A safety deposit box is great for really important stuff (your will, paper backups of your wallets containing lots of bitcoin, etc.).
It's all about learning how and where to store bitcoin, depending on how much value it has to you, and how much you can afford to lose (same as fiat: keep a hundred in your wallet, a little more under the mattress, and more in the bank).
the weird thing is after spending about six months in this community, I educate my computer clients that you should store your personal photos/data/accounts in online storage like Google Cloud/DropBox etc as its safer then your harddrive, then get involved here and read the horror stories of hacking/online wallets and cloud storage without 2FA.
Sometimes you start to think that hiding your money under the matress is safer especially as the bitcoin is devalued at present
Sometimes you start to think that hiding your money under the matress is safer especially as the bitcoin is devalued at present
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