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Topic: Running wallet secure (Read 761 times)

full member
Activity: 627
Merit: 103
November 15, 2018, 06:19:29 PM
#46
I don't know about the sandbox, but whatever wallet you use, you will have a fear to lose your coins. But If you buy a hardware wallet then you will forget fearing about losing funds. I recommend you to buy a Ledger or Keepkey hardware wallet, a hardware wallet can help to store any kinds of cryptocurrency, you will not need the various wallet for various coins and you will be safe too.
member
Activity: 115
Merit: 14
October 23, 2018, 03:46:11 AM
#45
Before i am using MEW and i do not have any problem with that wallet but since our local bitcoin wallet added some coins which is included my coins hold then i transfer all my balances and not using mew again because i know that our wallet is secured and reliable.
MyEtherWallet (MEW) is still a very good wallet and is very much recommended, you can even prove that since you have made use of it. You should even be careful with the local wallet you’re using and still have some coins stored in MEW in case anything happens. Apart from MEW other good wallets includes Electrum, Jaxx and TLDR.
full member
Activity: 644
Merit: 113
October 23, 2018, 01:39:41 AM
#44
Hello together,

I'm searching for a solution how I can run my wallets secure, I mean today I can't trust every wallet release which is stored at GitHub, because there can be always some suspect code in wallet and I dont want loose my coins.

It there any solution to start new wallets on my OS safe? I tried to use sandbox, but I couldn't start 2 wallets.

How do you keep your system / coins safe?

Thank you,
lpxcc

This is so true, there are lots of wallet claims to have great security feature but end up snatching the fund we store. Just like  trust wallet, recently it  was found out to be using a security audit by a fake company and they market themselves as open source while in reality they have just pieces of old code on github and the android version is fully closed source (they even deleted their btalk thread when it was brought up). Its disappointing how we can't trust any Waller this day. Personally, I really checking out what best wallet is available. I'm now eyeing the HODLER wallet since it is the only available open source multiwallet in the market. It also offers great features that most wallet does not offer. You can also check out their project here and see for yourself: https://hodler.tech
sr. member
Activity: 572
Merit: 250
October 23, 2018, 01:04:27 AM
#43
Hello together,

I'm searching for a solution how I can run my wallets secure, I mean today I can't trust every wallet release which is stored at GitHub, because there can be always some suspect code in wallet and I dont want loose my coins.

It there any solution to start new wallets on my OS safe? I tried to use sandbox, but I couldn't start 2 wallets.

How do you keep your system / coins safe?

Thank you,
lpxcc
If you believe that everything you have mentioned are not safe enough then there are still more other options that you can go for, you can make use of a paper wallet in storing some of your coins and can also make use of Trezor, then have some stored on Blockchain mobile wallet with two factor authentication activated, then the remaining can go for whatever or wherever you choose next.
sr. member
Activity: 938
Merit: 256
October 22, 2018, 08:39:40 AM
#42
Hello together,

I'm searching for a solution how I can run my wallets secure, I mean today I can't trust every wallet release which is stored at GitHub, because there can be always some suspect code in wallet and I dont want loose my coins.

It there any solution to start new wallets on my OS safe? I tried to use sandbox, but I couldn't start 2 wallets.

How do you keep your system / coins safe?

Thank you,
lpxcc

The safest wallet is only the offline wallet.
Anything that is on the internet is not safe enough, or if you have much balance in your wallet, you can seperate it to many wallets to prevent hacks
jr. member
Activity: 140
Merit: 1
October 22, 2018, 08:00:06 AM
#41
I use MEW wallet. I understood one thing - the main thing is not to insert it anywhere and not to store it in my computer. The wallet works reliably and does not create problems.
full member
Activity: 448
Merit: 103
October 20, 2018, 05:59:19 PM
#40
Before i am using MEW and i do not have any problem with that wallet but since our local bitcoin wallet added some coins which is included my coins hold then i transfer all my balances and not using mew again because i know that our wallet is secured and reliable.
member
Activity: 183
Merit: 10
October 20, 2018, 05:54:47 PM
#39
I try to use proven popular wallets to store cryptocurrency. From hacking no one is immune, and so I choose wallets that have already proven themselves.
full member
Activity: 364
Merit: 101
October 20, 2018, 05:49:51 PM
#38
Maybe you can,buy a new SmartPhones like HTC powered by blockchain technology. The hype is real on that phones. Im curious right now on how nocoiners will use the new Running Wallet on Htc.
jr. member
Activity: 169
Merit: 3
October 20, 2018, 05:44:10 PM
#37
Hello together,

I'm searching for a solution how I can run my wallets secure, I mean today I can't trust every wallet release which is stored at GitHub, because there can be always some suspect code in wallet and I dont want loose my coins.

It there any solution to start new wallets on my OS safe? I tried to use sandbox, but I couldn't start 2 wallets.

How do you keep your system / coins safe?

Thank you,
lpxcc
a lot of hardware is sold to secure your transactions and secure your wallet for example trezor and ledger, and many others, but that is quite expensive if only for Bounty Hunter
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
October 20, 2018, 05:38:07 PM
#36
Can WE trust a Metamask? I'm pretty sure WE are. Register a new wallet, and use the private key to it only once - to import into Metamask. To monitor the balance, use etherscan or bot in the telegram. Use a separate browser for Metamask, do not update it (browser and Metamask).

Metamask can be one of the options for security of wallet and yet currently metamask cannot be a good measure as a security system, it would be better if you use Trezor
Built in wallet in a browser with add on extension? I dont think that will be "Secure" enough until someone finds out how to steal information from that extension. Hardware wallet is the only secure option out there because you will always be required to verify the transaction manually through the hardware
member
Activity: 451
Merit: 10
October 20, 2018, 10:47:23 AM
#35
I have never used SandBox Wallet because I saved my money on the Local Exchange.
Then I will also advise you to save your cryptocurrency in hardware wallet like Nano Ledger, Trezor and KeepKey.
I don't recommend store your assets on exchange except you want to daily trading, hardware wallet don't support all the coins, so you must install wallet in computer to store your coins, be careful not all the wallet is safe, so you can use VMware workstation install wallet to secure your main computer security, remember backup your wallet.dat and encrypted password
copper member
Activity: 70
Merit: 0
October 20, 2018, 10:39:25 AM
#34
Try getting a hardware wallet then but there are most common wallets used by almost all and is considered 90% secure. so make some deeper research on this
jr. member
Activity: 238
Merit: 7
October 20, 2018, 10:32:39 AM
#33
You don't have to use hardware wallet. You can use paper wallet if you want. So, you don't have to think safety with paper wallet.
No doubt paper wallets are also very secure but the back draw of using paper wallet is that when you want to spend your coins then you have to import your private keys in any supported wallet, as the OP doesn't have trust in any random wallet so paper wallet with a combination of any random wallet won't be the best way for him to secure his assets. He needs some isolated environment to store his cryptocurrencies, in that case, hardware wallet could be the best choice.
sr. member
Activity: 1134
Merit: 342
October 20, 2018, 06:43:01 AM
#32
You don't have to use hardware wallet. You can use paper wallet if you want. So, you don't have to think safety with paper wallet.
member
Activity: 462
Merit: 14
October 20, 2018, 06:38:02 AM
#31
If it is ERC20 tokens then metamask would be better at keeping the tokens. This is the only digital wallet I have been trusting the whole time compared to MEW. I know that MEW is a trusted digital wallet too for ERC20 tokens but I preferred more metamask. So, i suggest to use metamask for this.
member
Activity: 293
Merit: 10
October 20, 2018, 06:32:26 AM
#30
Hello together,

I'm searching for a solution how I can run my wallets secure, I mean today I can't trust every wallet release which is stored at GitHub, because there can be always some suspect code in wallet and I dont want loose my coins.

It there any solution to start new wallets on my OS safe? I tried to use sandbox, but I couldn't start 2 wallets.

How do you keep your system / coins safe?

Thank you,
lpxcc

Just make sure that you have some kind of back up for your wallets, that way when you are holding the coins you know that if anything happens to your computer then you can always get them back. That is what I do, having a back up of the wallets is what saves you when the unexpected happens to the wallet. Better than trusting a hardware that can fail anytime
full member
Activity: 518
Merit: 106
October 17, 2018, 10:17:40 PM
#29
I have never used SandBox Wallet because I saved my money on the Local Exchange.
Then I will also advise you to save your cryptocurrency in hardware wallet like Nano Ledger, Trezor and KeepKey.
full member
Activity: 462
Merit: 105
September 14, 2018, 04:38:15 AM
#28
Hi guys,

thank you very much for your feedback. To keep my wallets/coins secure i'm...

  • storing my private keys on paper held on 2 different locations
  • keeping coins (if possible) on my TREZOR / TREZOR-T hardware wallet
  • backuping daily my wallet.dat files
  • using strong passwords for my wallets

The Idea to test new wallets on separate virtual machine is good!
jr. member
Activity: 322
Merit: 1
September 09, 2018, 11:37:56 AM
#27
You can create backups. A backup of your cryptocurrency wallet may save you from hardware failures and a lot of human slipups. It will also let you restore your wallet in case your PC or telephone gets stolen.
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