you don't have a password from server electrum runs on (electrum-server). electrum is opensource is stupid stuff
Trust wallet is a wallet you can recommend to somebody because of it high security operating system, so when you talk of security trust wallet is there, saying about electrum, i have heard such that electrum is good but I have not used it before, in addition to advice you, follow the thread to reply for questions, don't respond to what you don't know 
Topic: Please recommend a wallet that can see the private key and only store Bitcoin (Read 323 times)
March 28, 2022, 04:04:21 PM
March 28, 2022, 04:01:35 PM
you don't have a password from server electrum runs on (electrum-server). electrum is opensource is stupid stuff
Trust wallet is a wallet you can recommend to somebody because of it high security operating system, so when you talk of security trust wallet is there, saying about electrum, i have heard such that electrum is good but I have not used it before, in addition to advice you, follow the thread to reply for questions, don't respond to what you don't know March 28, 2022, 03:50:31 PM
In the wallet I used before, every time I transfer btc, the wallet will change the private key by default
What a strange wallet is this but can you tell us the name of this wallet? So that we can avoid this early because it's risky. You send btc on this address thinking everything is fine because you already back up your first keys but that's only what you thought. I know there is a wallet that changes your wallet address "public key" to a new one after you make a transaction but that's fine and I think it was also recommended for some reason.which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet.
Well, that's the only thing that you can do but good thing that you figured out how this wallet work because if not then you might lose some of your btc before but how can you back up you private keys when you can't see it or if they are hidden? I know a hidden text can't be copy but it must be revealed first. March 27, 2022, 09:48:19 AM
In the wallet I used before, every time I transfer btc, the wallet will change the private key by default
What a strange wallet is this but can you tell us the name of this wallet? So that we can avoid this early because it's risky. You send btc on this address thinking everything is fine because you already back up your first keys but that's only what you thought. I know there is a wallet that changes your wallet address "public key" to a new one after you make a transaction but that's fine and I think it was also recommended for some reason.which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet.
Well, that's the only thing that you can do but good thing that you figured out how this wallet work because if not then you might lose some of your btc before but how can you back up you private keys when you can't see it or if they are hidden? I know a hidden text can't be copy but it must be revealed first. 
March 25, 2022, 04:38:31 PM
These days it is observed in my friends and family that some wallets were hacked and there have to face a great loss. Hackers & scammers are hacking wallets very successfully. So There is a risk to store bitcoin in the wallet. But I think Binance exchange is better than these wallets those has low security.MetaMask also has better security in wallets but the best wallet as I think is a USB wallet. You can plug and play at the time of storage and withdrawal, Although, it,s price is high this time it is better security.
There's no more risk than having a bank account, because the same security measures are likely taken. So, if someone isn't securing their Bitcoin wallets, they probably aren't securing their bank accounts very well either. Hackers don't just break everything, and are able to break encryption, its usually the user themselves that's the weakest link. However, what your advising i.e using an exchange wallet rather than one which you have full control over is potentially dangerous, since they're definitely the least secure of all wallets. Pretty much any other wallet, is more secure. Since, they don't have the attack surface that an exchange wallet has, and usually you'd pick a wallet which allows you to own the private key.
March 25, 2022, 11:00:04 AM
These days it is observed in my friends and family that some wallets were hacked and there have to face a great loss. Hackers & scammers are hacking wallets very successfully. So There is a risk to store bitcoin in the wallet. But I think Binance exchange is better than these wallets those has low security.MetaMask also has better security in wallets but the best wallet as I think is a USB wallet. You can plug and play at the time of storage and withdrawal, Although, it,s price is high this time it is better security.
March 24, 2022, 04:11:27 AM
I don't trust exchanges, so I want to have a wallet with good security that can inquire private keys and only store bitcoins.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
Almost 2 years I use trust wallet, this is a multi wallet that we can use to save almost all popular coins that are present, we get 12 seeds that can be converted into private keys so that the most important thing from the Trust Wallet is to keep the 12 seeds, it's better After you make then you write manually on the book and it is proven until now the asset I keep is still safe.
March 24, 2022, 03:19:17 AM
... In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose....
Most wallets now generate private keys based on a "seed phrase" (aka "recovery phrase"). Because the private keys generated by the wallet are always the same for that seed phrase, there is no need to back up every private key. You only need to back up the seed phrase.
My suggestion for him is Electrum client which i always recommend for both experienced users or new comers because it has all the features with a friendly-use interface. Better than Electrum, i recommend using a physical hardware wallet for staking considerable amounts .
means this. thank you very much.
Electrum is really not very friendly to laymen, hahaha. But I'll study it with my heart, thanks again.
I found this tutorial that can help you familiarized with Electrum (Setup) : https://www.youtube.com/watch?v=2MP_EMxypCE
If you can well practice english then this wiki can help you better : https://electrum.readthedocs.io/en/latest/
However if you wanna try another client, i suggest you to choose from this list : https://bitcoin.org/en/choose-your-wallet?step=5
Hahaha, my English is really not good, I am studying hard. I don't have a deep understanding of Bitcoin's technical level, but more about its economic system.thank you so much for your suggestion，benefit greatly.
I also asked a question, did Satoshi Nakamoto discuss the loss of Bitcoin when he designed Bitcoin.
In the future, if the natural loss rate of the Bitcoin network is 1%-2% per year, it will be good, which is equivalent to the interest of 1%-2% for those who deposit coins. If the loss rate reaches more than 5% per year, will it seriously affect the circulation of Bitcoin. If Bitcoin is used as a common currency, it is equivalent to hard-working people, and the new value created every year will be taken away by the people who deposit the currency.
March 24, 2022, 03:08:43 AM
I don't trust exchanges, so I want to have a wallet with good security that can inquire private keys and only store bitcoins.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
Since you are looking for a wallet that only works for bitcoin, maybe you can chose electrum.I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
https://www.investopedia.com/best-bitcoin-wallets-5070283#:~:text=Mycelium%20is%20an%20open%2Dsource,similar%20to%20the%20Electrum%20wallet.
Why you chose Electrum? because is it secure, open-source, and offers advanced features and options.
PROS AND CONS
Pros
Customizable transaction fees
Greater level of security than most hot wallets
Cons
Bare-bones user interface
Only works for Bitcoin
OVERVIEW
Electrum is one of the original Bitcoin wallets. It has been around since 2011, two years after Bitcoin’s creation, and has changed little since.12 While this wallet is bare-bones in terms of its user interface and commitment to only Bitcoin, it excels at this primary function. Electrum is also more suited for advanced users due to its complex options.
Electrum is open source, allows its users to set custom transaction fees, and has the option to choose between legacy Bitcoin and Segwit. It also offers users the ability to determine the level of security they wish to use. For example, you can create a standard wallet, one with 2-factor authentication, or a multi-signature wallet. You can also elongate your seed phrase with custom words.
Electrum is perfect for the more advanced Bitcoin holder who wants great security features and customizability, all in a simple layout.
March 20, 2022, 10:53:53 AM
you don't have a password from server electrum runs on (electrum-server). electrum is opensource is stupid stuff
March 19, 2022, 01:47:28 PM
Cons
Bare-bones user interface
Only works for Bitcoin
I knew you just copy this to one of investopedia article, but you don't need to emphasize that having only bitcoin wallet is a cons when someone asking a bitcoin-only wallet. And I don't think it is to be considered as a cons its a secured and the most recommended wallet. Bare-bones user interface
Only works for Bitcoin
March 19, 2022, 01:34:36 PM
I don't trust exchanges, so I want to have a wallet with good security that can inquire private keys and only store bitcoins.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
Since you are looking for a wallet that only works for bitcoin, maybe you can chose electrum.I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
https://www.investopedia.com/best-bitcoin-wallets-5070283#:~:text=Mycelium%20is%20an%20open%2Dsource,similar%20to%20the%20Electrum%20wallet.
Why you chose Electrum? because is it secure, open-source, and offers advanced features and options.
PROS AND CONS
Pros
Customizable transaction fees
Greater level of security than most hot wallets
Cons
Bare-bones user interface
Only works for Bitcoin
OVERVIEW
Electrum is one of the original Bitcoin wallets. It has been around since 2011, two years after Bitcoin’s creation, and has changed little since.12 While this wallet is bare-bones in terms of its user interface and commitment to only Bitcoin, it excels at this primary function. Electrum is also more suited for advanced users due to its complex options.
Electrum is open source, allows its users to set custom transaction fees, and has the option to choose between legacy Bitcoin and Segwit. It also offers users the ability to determine the level of security they wish to use. For example, you can create a standard wallet, one with 2-factor authentication, or a multi-signature wallet. You can also elongate your seed phrase with custom words.
Electrum is perfect for the more advanced Bitcoin holder who wants great security features and customizability, all in a simple layout.
March 19, 2022, 12:14:28 PM
... In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose....
Most wallets now generate private keys based on a "seed phrase" (aka "recovery phrase"). Because the private keys generated by the wallet are always the same for that seed phrase, there is no need to back up every private key. You only need to back up the seed phrase.
My suggestion for him is Electrum client which i always recommend for both experienced users or new comers because it has all the features with a friendly-use interface. Better than Electrum, i recommend using a physical hardware wallet for staking considerable amounts .
means this. thank you very much.
Electrum is really not very friendly to laymen, hahaha. But I'll study it with my heart, thanks again.
I found this tutorial that can help you familiarized with Electrum (Setup) : https://www.youtube.com/watch?v=2MP_EMxypCE
If you can well practice english then this wiki can help you better : https://electrum.readthedocs.io/en/latest/
However if you wanna try another client, i suggest you to choose from this list : https://bitcoin.org/en/choose-your-wallet?step=5
March 18, 2022, 11:45:02 PM
and another thing on that. If you do export private key in tronlink and then import it you'll get non-hd wallet . it'll be one from the seed generated chain, but this time it used stand-alone. And you'll not get addresses or money on other wallets same seed.
March 18, 2022, 11:26:54 PM
... In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose....
Most wallets now generate private keys based on a "seed phrase" (aka "recovery phrase"). Because the private keys generated by the wallet are always the same for that seed phrase, there is no need to back up every private key. You only need to back up the seed phrase.
My suggestion for him is Electrum client which i always recommend for both experienced users or new comers because it has all the features with a friendly-use interface. Better than Electrum, i recommend using a physical hardware wallet for staking considerable amounts .
means this. thank you very much.
Electrum is really not very friendly to laymen, hahaha. But I'll study it with my heart, thanks again.
March 18, 2022, 04:31:44 PM
... In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose....
Most wallets now generate private keys based on a "seed phrase" (aka "recovery phrase"). Because the private keys generated by the wallet are always the same for that seed phrase, there is no need to back up every private key. You only need to back up the seed phrase.
My suggestion for him is Electrum client which i always recommend for both experienced users or new comers because it has all the features with a friendly-use interface. Better than Electrum, i recommend using a physical hardware wallet for staking considerable amounts .
March 18, 2022, 04:14:05 PM
I don't trust exchanges, so I want to have a wallet with good security that can inquire private keys and only store bitcoins.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
There are several wallets that are bitcoin only, but the one that I have used the longest is electrum, the wallet is easy to use and it allows you to both backup your seed words and your private keys with ease, now with that being said, even if the wallets that allow you to store multiple coins are not as secure and in some cases their code can be closed source, at the same time they do allow you to see your private keys, or at least that is the case with the Exodus wallet, but it is not an option that is enabled by default. I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
March 18, 2022, 01:29:08 PM
I know you want to own the private key, which is exactly the approach you should be taking, however you shouldn't be seeing your private key all that often. In fact, I'd say you only see it when backing it up the first time your generate it. You shouldn't be entering your private key each time, and you shouldn't be keeping a digital copy of it either.
Now onto the wallet, the recommendations have already been suggested, but it all depends on your intention. ColdCard is brilliant for creating a offline air gapped wallet, but it's complex to setup, and you lose a lot of functionality if you want to be accessing that Bitcoin often. For example, purchasing things, or trading. You could potentially use a ColdCard as a hot hardware wallet, but I don't think I could justify the cost, and loss of features that the ColdCard excels at, so I would probably look at a Trezor or similar device, since those are pretty much designed to be accessed frequently, and the initial cost of them is lower than a ColdCard.
Otherwise, it probably has to be Electrum. Electrum is free, and depending on the way you setup your wallet, and your personal threat level could b enough for your situation.
Now onto the wallet, the recommendations have already been suggested, but it all depends on your intention. ColdCard is brilliant for creating a offline air gapped wallet, but it's complex to setup, and you lose a lot of functionality if you want to be accessing that Bitcoin often. For example, purchasing things, or trading. You could potentially use a ColdCard as a hot hardware wallet, but I don't think I could justify the cost, and loss of features that the ColdCard excels at, so I would probably look at a Trezor or similar device, since those are pretty much designed to be accessed frequently, and the initial cost of them is lower than a ColdCard.
Otherwise, it probably has to be Electrum. Electrum is free, and depending on the way you setup your wallet, and your personal threat level could b enough for your situation.
March 18, 2022, 01:15:43 PM
... In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose....
Most wallets now generate private keys based on a "seed phrase" (aka "recovery phrase"). Because the private keys generated by the wallet are always the same for that seed phrase, there is no need to back up every private key. You only need to back up the seed phrase.
Being concerned about multi-coin wallets with low security is fine, but any concern about a wallet using a unique address for each transaction is unfounded.
However, is the seed of each wallet can only be used by itself and not each other？
Generally, any two wallets using the same seed phrase will generate the same private keys and addresses, but there are caveats and exceptions.
"Private key" is a term with very specific meaning. A seed is not a private key. A wallet typically generates a new private key for each transaction using the seed phrase.
- Address: Bitcoins are sent to an address. An address is derived from its public key. It is not a public key or a wallet.
- Private Key: Used to control the bitcoins at an address. A private key is not a password or a seed phrase.
- Public Key: A public key is used in a transaction, and it is rarely seen, except in a transaction. A public key is derived from its private key. It is not an address.
- Wallet: A wallet contains and controls private keys and their associated addresses. A wallet is not an address. A wallet typically uses a seed phrase to generate its private keys.
- Seed/Mnemonic/Recovery Phrase: Used by a wallet to generate private keys and their associated addresses. A seed phrase is not a passphrase or a private key. A seed phrase is also known as a recovery phrase because all of a wallet's private keys and associated addresses are derived from it.
- Passphrase/password: A passphrase is used to encrypt a wallet, private key, or seed phrase. A passphrase is not a private key or a seed phrase. However, sometimes a seed phrase will contain an extra word that is used like a passphrase.
Here are sets of terms that are frequently confused with each other:
- Public key <==> Address
- Address <==> Wallet
- Private key <==> Seed/Mnemonic/Recovery Phrase <==> Passphrase
Terms that should be avoided because they are ambiguous or are probably being used incorrectly:
- Wallet address: There is no such thing as the address of a wallet. As stated above, a wallet contains private keys and their associated addresses.
- Public address: Use of this term typically indicates a confusion between the terms "address" and "public key". All addresses are public.
- Public Key: Typically, this term is mistakenly used in place of "address".
March 18, 2022, 09:00:30 AM
Unlike hardware wallets, there is no open source wallet that offers multi-chain service, and therefore to choose an open source wallet that has been well reviewed, it will be single-blockchain wallet (some wallet generate the private key with the same master private key/seed, but you need to connect to a different network to manage it such as MetaMask with BSC/Polygon/Ethertum)
For Bitcoin, there are many options that you can find here ---> https://bitcoin.org/en/choose-your-wallet
For altcoins, I recommend using New/MetaMask, as it enables you to get the most tokens.
For Bitcoin, there are many options that you can find here ---> https://bitcoin.org/en/choose-your-wallet
For altcoins, I recommend using New/MetaMask, as it enables you to get the most tokens.
March 18, 2022, 03:07:08 AM
so if you transfer seed from coinomi to tronlink you'll have your money not on first or second but on say 16th wallet in the list. example made
March 18, 2022, 02:50:43 AM
Software wallet
Hardware wallet
thank you very much - BlueWallet: https://bluewallet.io/
- Wasabi Wallet: https://wasabiwallet.io/
Hardware wallet
- Trezor with Bitcoin-only firmware: https://shop.trezor.io/btc-only/
- Coldcard: https://coldcard.com/
There is also a question, whether the seed phrase can only be used in the generated wallet, or can also be used in other wallets.
All wallet do implemented BIP39, so any wallet can recognize any seed pharse generated on other wallet since they're work same. If you can't import your seed pharse or the wallet doesn't have such features, pretty sure it's custodial wallet. Don't need to worry if your private keys always change, it just for better privacy. If you don't want your private key changed, you can use electrum.
[moderator's note: consecutive posts merged]
March 18, 2022, 02:36:15 AM
There is also a question, whether the seed phrase can only be used in the generated wallet, or can also be used in other wallets.
All wallet do implemented BIP39, so any wallet can recognize any seed pharse generated on other wallet since they're work same. If you can't import your seed pharse or the wallet doesn't have such features, pretty sure it's custodial wallet. Don't need to worry if your private keys always change, it just for better privacy. If you don't want your private key changed, you can use electrum.
March 18, 2022, 01:18:42 AM
Using open-source and non-custodial wallets like electrum or wasabi wallet, you have full control over your bitcoins. Limit storing your bitcoins on exchanges, it is very risky to give your assets to third parties to hold.
If you are a long-term investor and you have money, better buy yourself a cold wallet( ledger, Trezor).
If you are a long-term investor and you have money, better buy yourself a cold wallet( ledger, Trezor).
Thank you very much, the amount of my assets has not reached the level that I need to keep it in a cold wallet. I'm just trying to find a balance between convenience and security.
... In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose....
Most wallets now generate private keys based on a "seed phrase" (aka "recovery phrase"). Because the private keys generated by the wallet are always the same for that seed phrase, there is no need to back up every private key. You only need to back up the seed phrase.
Being concerned about multi-coin wallets with low security is fine, but any concern about a wallet using a unique address for each transaction is unfounded.
However, is the seed of each wallet can only be used by itself and not each other？
I don't trust exchanges, so I want to have a wallet with good security that can inquire private keys and only store bitcoins.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.
What official website are you talking about? And what recommendations were you given?I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.
In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
What wallet did you use before? Most wallets these days show the seed phrase rather than the private key for easy backup. And, after transferring bitcoins, the sending address might be changed to an unused one for privacy, but the seed phrase or xpriv remains the same.So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
• Bitcoin core,• Electrum.
There is also a question, whether the seed phrase can only be used in the generated wallet, or can also be used in other wallets.
[moderator's note: consecutive posts merged]
March 18, 2022, 12:16:08 AM
I don't trust exchanges, so I want to have a wallet with good security that can inquire private keys and only store bitcoins.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.
What official website are you talking about? And what recommendations were you given?I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.
In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
What wallet did you use before? Most wallets these days show the seed phrase rather than the private key for easy backup. And, after transferring bitcoins, the sending address might be changed to an unused one for privacy, but the seed phrase or xpriv remains the same.So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
• Bitcoin core,• Electrum.
March 18, 2022, 12:03:19 AM
Software wallet
Hardware wallet
- BlueWallet: https://bluewallet.io/
- Wasabi Wallet: https://wasabiwallet.io/
Hardware wallet
- Trezor with Bitcoin-only firmware: https://shop.trezor.io/btc-only/
- Coldcard: https://coldcard.com/
March 18, 2022, 12:01:02 AM
... In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose....
Most wallets now generate private keys based on a "seed phrase" (aka "recovery phrase"). Because the private keys generated by the wallet are always the same for that seed phrase, there is no need to back up every private key. You only need to back up the seed phrase.
Being concerned about multi-coin wallets with low security is fine, but any concern about a wallet using a unique address for each transaction is unfounded.
March 17, 2022, 11:39:43 PM
Using open-source and non-custodial wallets like electrum or wasabi wallet, you have full control over your bitcoins. Limit storing your bitcoins on exchanges, it is very risky to give your assets to third parties to hold.
If you are a long-term investor and you have money, better buy yourself a cold wallet( ledger, Trezor).
If you are a long-term investor and you have money, better buy yourself a cold wallet( ledger, Trezor).
March 17, 2022, 11:17:54 PM
I don't trust exchanges, so I want to have a wallet with good security that can inquire private keys and only store bitcoins.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
I see that many of the recommendations on the official website are multi-chain wallets.The applicability is good, but the security is not enough.In the wallet I used before, every time I transfer btc, the wallet will change the private key by default, which causes me to back up the private key every time I transfer btc.And I can't see my private key either, it's hidden by the wallet. This makes my private key especially easy to lose.
So please recommend a single-chain wallet that you think can query the private key and only store Bitcoins. The function is only to store btc, with high security, no other functions are required. For other functions, I will use a multi-chain wallet, and the money in it will be very small.
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