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Topic: Most Secure bitcoin wallet ? - page 7. (Read 36312 times)

hero member
Activity: 658
Merit: 500
October 29, 2015, 02:58:18 PM
i believe that the most secure bitcoin wallet is armory or a hardware wallet
full member
Activity: 182
Merit: 100
October 29, 2015, 02:54:55 PM
Some off topic question :
Is blockchain safe i mean 100% safe or the owner could basicly steal all your coins?
hero member
Activity: 798
Merit: 1000
October 29, 2015, 09:29:55 AM
Personally i think there is none 100% safe wallet, before i used blockchain.info but aftet they whent down some days ago i changed to bitcoin core and i like it much more than blockchain.info

Since the brainwallet addresses were able to be cracked,
I really believe that there isn't any 100% safe wallet.
Soon i will order a hardware wallet maybe Trezor and will see if it worth or not.
Brainwallet wasn't secure in the first place. It was already known that it can be easily bruteforced by running a dictionary against it as many used a weak passphrase. The release of this program further demonstrated the ease of running a bruteforce attack. Most online wallet don't generate wallet this way so you're safe.

Well another but more secured and advance one is this.
https://brainwallet.io/ which i believe for now this is not crackable.
Has anyone used this: Bitsafe – 2nd Gen or 1st Generation seems promising.
sr. member
Activity: 252
Merit: 250
October 29, 2015, 09:15:49 AM
I say hardware wallets are the best
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 29, 2015, 09:12:34 AM
Personally i think there is none 100% safe wallet, before i used blockchain.info but aftet they whent down some days ago i changed to bitcoin core and i like it much more than blockchain.info

Since the brainwallet addresses were able to be cracked,
I really believe that there isn't any 100% safe wallet.
Soon i will order a hardware wallet maybe Trezor and will see if it worth or not.
Brainwallet wasn't secure in the first place. It was already known that it can be easily bruteforced by running a dictionary against it as many used a weak passphrase. The release of this program further demonstrated the ease of running a bruteforce attack. Most online wallet don't generate wallet this way so you're safe.
hero member
Activity: 798
Merit: 1000
October 29, 2015, 08:43:32 AM
Personally i think there is none 100% safe wallet, before i used blockchain.info but aftet they whent down some days ago i changed to bitcoin core and i like it much more than blockchain.info

Since the brainwallet addresses were able to be cracked,
I really believe that there isn't any 100% safe wallet.
Soon i will order a hardware wallet maybe Trezor and will see if it worth or not.
full member
Activity: 182
Merit: 100
October 29, 2015, 08:00:16 AM
Personally i think there is none 100% safe wallet, before i used blockchain.info but aftet they whent down some days ago i changed to bitcoin core and i like it much more than blockchain.info

legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 29, 2015, 07:07:01 AM
Try the blockchain.info

Many users here in forum does not recommend blockchain.info wallet.
Because they are having issue and probably users can lost any bitcoins.
Also the bitcoin.org website has removed blockchain.info wallet from their web wallet choices.

The best reading on why it's not good for storage of lots of BTC is going to be reading of HOT/COLD wallets.  Read up on them.

Blockchain is a very nice wallet for spending money, that is what it shines doing.  Storing large sums of BTC over a long period of time is where cold wallets really shine.
I wouldn't say that if I were you. Blockchain.info should not even be considered as a wallet. It is too unreliable these days. If you're going for one, go for greenaddress.it. Even though most think that greenaddress.it has a long seed to remember, it is harder to remember the identifier on blockchain.info. Both also have an android app.
legendary
Activity: 1456
Merit: 1000
October 29, 2015, 06:41:09 AM
Try the blockchain.info

Many users here in forum does not recommend blockchain.info wallet.
Because they are having issue and probably users can lost any bitcoins.
Also the bitcoin.org website has removed blockchain.info wallet from their web wallet choices.

The best reading on why it's not good for storage of lots of BTC is going to be reading of HOT/COLD wallets.  Read up on them.

Blockchain is a very nice wallet for spending money, that is what it shines doing.  Storing large sums of BTC over a long period of time is where cold wallets really shine.
hero member
Activity: 532
Merit: 500
October 29, 2015, 06:19:23 AM
Try the blockchain.info

Many users here in forum does not recommend blockchain.info wallet.
Because they are having issue and probably users can lost any bitcoins.
Also the bitcoin.org website has removed blockchain.info wallet from their web wallet choices.
full member
Activity: 126
Merit: 100
October 29, 2015, 05:52:03 AM
Try the blockchain.info
hero member
Activity: 532
Merit: 500
October 29, 2015, 05:48:35 AM
Bitcoin-qt, I guess. It has the best security beside a physical wallet.

Yes bitcoin-qt has all the security features we needed. Now the newer version of it namely bitcoin-core is available with the version 0.11.1 with latest fixes. So, we must always go with latest one.
Online wallets also safer when we go with latest version of browser.

Everything you use you should be very careful.
Because if you use the same password anywhere else you provoke a hacker.
Online wallets are good too, but if they get closed or offline you can't access your bitcoins.
Some wallets like greenaddress.it use method to allow users to have access to their Bitcoins even if they go down. Online wallet are still a risk however, they are still a central point of failure. What if the hacker captures all the private key by changing the script(with wallets like greenaddress.it where private key is never sent to server)?

For desktop wallet, password reuse isn't a significant problem as they cannot access your Bitcoins without your encrypted private key.

Well ok then greenaddress seems to be one of the best web wallets.
For example coinbase does not allow you to have the private key.
If they have any maintenance or they go offline, then you can't access your bitcoin.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 29, 2015, 04:01:56 AM
Bitcoin-qt, I guess. It has the best security beside a physical wallet.

Yes bitcoin-qt has all the security features we needed. Now the newer version of it namely bitcoin-core is available with the version 0.11.1 with latest fixes. So, we must always go with latest one.
Online wallets also safer when we go with latest version of browser.

Everything you use you should be very careful.
Because if you use the same password anywhere else you provoke a hacker.
Online wallets are good too, but if they get closed or offline you can't access your bitcoins.
Some wallets like greenaddress.it use method to allow users to have access to their Bitcoins even if they go down. Online wallet are still a risk however, they are still a central point of failure. What if the hacker captures all the private key by changing the script(with wallets like greenaddress.it where private key is never sent to server)?

For desktop wallet, password reuse isn't a significant problem as they cannot access your Bitcoins without your encrypted private key.
hero member
Activity: 532
Merit: 500
October 29, 2015, 03:36:30 AM
Bitcoin-qt, I guess. It has the best security beside a physical wallet.

Yes bitcoin-qt has all the security features we needed. Now the newer version of it namely bitcoin-core is available with the version 0.11.1 with latest fixes. So, we must always go with latest one.
Online wallets also safer when we go with latest version of browser.

Everything you use you should be very careful.
Because if you use the same password anywhere else you provoke a hacker.
Online wallets are good too, but if they get closed or offline you can't access your bitcoins.
hero member
Activity: 826
Merit: 1000
October 29, 2015, 12:35:49 AM
Bitcoin-qt, I guess. It has the best security beside a physical wallet.

Yes bitcoin-qt has all the security features we needed. Now the newer version of it namely bitcoin-core is available with the version 0.11.1 with latest fixes. So, we must always go with latest one.
Online wallets also safer when we go with latest version of browser.
sr. member
Activity: 280
Merit: 250
Two heads are better than one.
October 27, 2015, 03:37:26 PM
Bitcoin-qt, I guess. It has the best security beside a physical wallet.
hero member
Activity: 826
Merit: 1000
October 27, 2015, 02:15:06 PM
I trust blockchain.info. The security of your wallet totally depends on you.

Yesterday is a good example of why you should not trust in blockchain alone.  They were down... what if you needed to get in?  A paperwallet of the account is kinda important for issues like that.

With a paperwallet you could have put it in another wallet and used it even when blockchain was down.  It's honestly hard to beat cold paper wallet.

Yes. Blockchain.info is well known for it's frequent down times. But the good thing is we have full control over our private keys which is more useful if we are capable of importing private keys into some other wallets.
legendary
Activity: 1456
Merit: 1000
October 27, 2015, 12:52:07 PM
I trust blockchain.info. The security of your wallet totally depends on you.

Yesterday is a good example of why you should not trust in blockchain alone.  They were down... what if you needed to get in?  A paperwallet of the account is kinda important for issues like that.

With a paperwallet you could have put it in another wallet and used it even when blockchain was down.  It's honestly hard to beat cold paper wallet.
member
Activity: 106
Merit: 10
October 27, 2015, 11:47:35 AM
I trust blockchain.info. The security of your wallet totally depends on you.
full member
Activity: 126
Merit: 100
October 27, 2015, 07:48:06 AM
Get a cheap pc/laptop that never see the internet. Install a wallet via usb

But if you choose only that way then it can be unsafe.
Because if this pc stops working and you don't have any other backup then you already have lost the bitcoins.
At least 2-3 backups you should have, 1 usb, 1 paper wallet, 1 pc/laptop etc..
also the fact that everytime you need to spend your coins you would need to start up your laptop, meaning if you go outside and find a merchant that accepts bitcoin you wouldnt be able to pay them because your laptop would be at time.
the same logic applies for paper and usb wallets  Embarrassed, i like bitcoin but i dont like the fact that it needs to be locked away to be safe,
You won't walk on the streets with all of your bitcoins in your wallet I guess.
This is the reason why bigger mobile wallet providers offer a so called cold storage (XAPO wault, etc) next to your everyday spending wallet.
It's like you only take a little amount of cash in your leather wallet in your pocket, the rest of your money is in the bank, in the safe at home or in your pillow Smiley
In this case you can manage your everyday spending of your bitcoins from your mobile wallet with a lower balance and the rest of your BTC can be safe in cold storage or in phisical storage like Trezor.

ya but technically people still carry a majority of their cash in person by having a debit card or something like that. bitcoins the same as in they are both digital
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