can we trust online wallets? pls give your answers a deep thought before posting.
You can use online wallets if it can generate private key or passphrase and more important thing if it doesn't store that private key for example myetherwallet, blockchain.info and so on. Also you can trust if the sites hosting manage by the sites owner. 
Topic: QUESTIONS ABOUT ONLINE WALLETS??? (Read 116 times)
can we trust online wallets? pls give your answers a deep thought before posting.
never trust online walletBetter using windows or hardware wallet for safe your money
You should never trust anything which is easily taken down via a DDOS attack or compromised. If the database is compromised you risk losing all of your coins.
You should practice good security and just use a desktop wallet yourself. You'll then learn the ins and outs of using a wallet and won't have to reply on anyone else when it comes to handling your money.
Trusting a web wallet is centralized because they are hosting your wallet on a online platform which goes against the very thing Bitcoin stands for.
You should practice good security and just use a desktop wallet yourself. You'll then learn the ins and outs of using a wallet and won't have to reply on anyone else when it comes to handling your money.
Trusting a web wallet is centralized because they are hosting your wallet on a online platform which goes against the very thing Bitcoin stands for.
can we trust online wallets? pls give your answers a deep thought before posting.
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