Topic: Running wallet secure - page 2. (Read 725 times)
You have to be a little more paranoid while browsing the Internet, clicking on unknown links and email attachments can bring you to a hacker.
Your hard drives, laptops, and phones are the brand new bank vaults. Real-world experience and understanding of how to protect money from thieves are not sufficient for the virtual money. Try to keep your personbal data to you as much possible.
You can always try the cold wallets (offline wallets) and paper wallets as they are a good way to keep your coins secured from the internet. But using hardware wallets are highly recommended. Hardware wallets with physical keys will provide you with an extra layer of security and keep your coins protected too.
Importance of cryptocurrencies are increasing day bay day. So the importance to secure wallet that store crypto currency is much more important too. I will suggest you to encrypt your wallet and make back up of it.
you need to change your strategy. most coins are not worth keeping and you should dump them anyways. or hold them on exchanges to be able to sell as fast as possible. only hold a coin that you think is really good and not hyped. for that you can use popular wallet that are tested. there are wallets that support multiple cryptocurrencies which are gaining popularity. there is also always hardware wallets that support multiple coins such as Trezor.
as for Sandbox, it is not just one application, it is a concept. for example one of the popular applications to use is what was introduced above: VirtualBox. you can use one of the smaller linux distributions for installation so that it takes up smaller space on your HDD so that you can run multiple instances requiring smaller space.
Suggesting someone to hold their coins in an exchange wallet is the worst thing to do. Exchanges are not safe! No matter how popular the exchange is, it is never safe to store your coins for long term in an exchange. The exchange might get hacked (might be an internal job as for Sandbox, it is not just one application, it is a concept. for example one of the popular applications to use is what was introduced above: VirtualBox. you can use one of the smaller linux distributions for installation so that it takes up smaller space on your HDD so that you can run multiple instances requiring smaller space.
) and you may lose all your coins. The exchange might go down for a while, and you might lose access to your coins when you need it the most. 
you need to change your strategy. most coins are not worth keeping and you should dump them anyways. or hold them on exchanges to be able to sell as fast as possible. only hold a coin that you think is really good and not hyped. for that you can use popular wallet that are tested. there are wallets that support multiple cryptocurrencies which are gaining popularity. there is also always hardware wallets that support multiple coins such as Trezor.
as for Sandbox, it is not just one application, it is a concept. for example one of the popular applications to use is what was introduced above: VirtualBox. you can use one of the smaller linux distributions for installation so that it takes up smaller space on your HDD so that you can run multiple instances requiring smaller space.
as for Sandbox, it is not just one application, it is a concept. for example one of the popular applications to use is what was introduced above: VirtualBox. you can use one of the smaller linux distributions for installation so that it takes up smaller space on your HDD so that you can run multiple instances requiring smaller space.
It make no sense trying to run a wallet, if you won't put safety first, at times it is not that some of these wallets are not secured but the carelessness of some users is what affect them and resulted in their wallet being hacked but some people do know these
Securing wallet is very important. You can encrypt your online wallet. Try not to forget about two factor authentication. Update your systems regularly and try to avoid mobile wallet.
Security is an important aspect at the present time. Yesterday I watched a bad transaction in my wallet, a coin was withdrawn from it,which there never was, after this case I think about a more strict protection for my coins, no one can be trusted, data is hacked and stolen tokens every day, some people think how to protect their money,and other people think how to steal someone else's funds. I hope that somebody will finally come up with a reliable method of protection.Now there is absolutely no safe way to protect your funds.
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
You can make both online and offline wallet for extra security. In case of online wallet you have to update them regularly, use encryption and two factor authentication. Offline wallet can help you from being hacked on online.
This is just, you fearing unnecessarily.If you fear so much, i can suggest yoy two among hundreds, thats are Jaxx and Electrum. Till date, these wallet never been hacked. So decesion is your. Be more carefull ind informative while chosing.
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).
Feel free and safe about your wallet. Most of the newcommers and traders feel insecured about their wallet and balanced. But i am suggesting , dont be worried about it. This is absolutely secured. No fear of hack, till date, no news about hack. Just be carefull and make it safe from scammers.
No need to be worry. In open source, decentralized sytems, all are secured very highly. Bitcoin is existing till 2009 still not been haced yet!. After all of that, if you feel insecured, i suggest you to use Jaxx wallet that has a great fame among crypto lovers.
If you have the drive space, just setup a separate VM for each wallet.
If you don't have the space you can do a VM for every 'X' wallets. So if one is a coin stealing trojan it will not get all of what you have.
Oracle VirtualBox:
https://www.oracle.com/technetwork/server-storage/virtualbox/downloads/index.html
There are other ways of doing it, but this one works for me. As always YMMV.
-Dave
If you don't have the space you can do a VM for every 'X' wallets. So if one is a coin stealing trojan it will not get all of what you have.
Oracle VirtualBox:
https://www.oracle.com/technetwork/server-storage/virtualbox/downloads/index.html
There are other ways of doing it, but this one works for me. As always YMMV.
-Dave
Does this wallet work for ERC20. The problem for ERC20 is rather difficult to find a software wallet.
-Dave
If you have the drive space, just setup a separate VM for each wallet.
If you don't have the space you can do a VM for every 'X' wallets. So if one is a coin stealing trojan it will not get all of what you have.
Oracle VirtualBox:
https://www.oracle.com/technetwork/server-storage/virtualbox/downloads/index.html
There are other ways of doing it, but this one works for me. As always YMMV.
-Dave
If you don't have the space you can do a VM for every 'X' wallets. So if one is a coin stealing trojan it will not get all of what you have.
Oracle VirtualBox:
https://www.oracle.com/technetwork/server-storage/virtualbox/downloads/index.html
There are other ways of doing it, but this one works for me. As always YMMV.
-Dave
Does this wallet work for ERC20. The problem for ERC20 is rather difficult to find a software wallet.
If you have the drive space, just setup a separate VM for each wallet.
If you don't have the space you can do a VM for every 'X' wallets. So if one is a coin stealing trojan it will not get all of what you have.
Oracle VirtualBox:
https://www.oracle.com/technetwork/server-storage/virtualbox/downloads/index.html
There are other ways of doing it, but this one works for me. As always YMMV.
-Dave
If you don't have the space you can do a VM for every 'X' wallets. So if one is a coin stealing trojan it will not get all of what you have.
Oracle VirtualBox:
https://www.oracle.com/technetwork/server-storage/virtualbox/downloads/index.html
There are other ways of doing it, but this one works for me. As always YMMV.
-Dave
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
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 don't trust any opensource. At least safest option for you is to get official bitcoin client software, install it on offline computer and generate private keys and make paper wallets. This is the most secure you can do, although then you won't be able to spend them right. If you don't have a computer to spare I can recommend you to try some LINUX OS run it offline via USB or yet CD on your main computer install client generate paper wallets and print them. After you are done simply shut down computer and all will be wiped out of your RAM, pretty secure.
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
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
Try using your hardware wallet, I think it's safer than the others. You just have to buy if you use a hardware wallet, the price of the hardware wallet starts from 25 $ to 150 $. You can use Trezor or Ledger Nano S.
Jump to: