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Topic: Safest wallet ? (Read 1125 times)

member
Activity: 462
Merit: 23
February 05, 2018, 09:44:28 AM
#45
Hard drive wallet is safest way to store your bitcoin at moment. Third party is not able to involve and manipulate. If you have a good amount of bitcoins is better to store in a hard drive wallet. Desktop-wallets and web-wallets all have their pros and cons, they can be hacked.

newbie
Activity: 6
Merit: 0
February 04, 2018, 10:33:14 AM
#44
Electronic wallets

Electronic wallets can be downloaded software, or hosted in the cloud. The former is simply a formatted file that lives on your computer or device, that facilitates transactions. Hosted (cloud-based) wallets tend to have a more user-friendly interface, but you will be trusting a third party with your private keys.

Software wallet

Installing a wallet directly on your computer gives you the security that you control your keys. Most have relatively easy configuration, and are free. The disadvantage is that they do require more maintenance in the form of backups. If your computer gets stolen or corrupted and your private keys are not also stored elsewhere, you lose your bitcoin.

They also require greater security precautions. If your computer is hacked and the thief gets a hold of your wallet or your private keys, he also gets hold of your bitcoin.
newbie
Activity: 8
Merit: 0
February 04, 2018, 10:02:15 AM
#43
The safest wallet is a desktop wallet. I recommend that you use Electrum
newbie
Activity: 1
Merit: 0
February 04, 2018, 08:10:47 AM
#42
Can anyone recommend me safest wallet ? some wallet that is having e-mail confirmation protection ?
The safest wallet is a desktop wallet. I recommend that you use Electrum if you want SPV or Armory if you want a full node. Both can be used in the safest manner which is having a dual computer setup, an offline computer and an online one. The offline computer signs the transactions while the online computer is only able to lookup transactions and create the unsigned transaction. Because the online computer doesn't have the private keys, if it gets a virus, the virus can't steal your Bitcoin. The offline computer is unable to connect to the internet so if it somehow gets a virus, then the virus cannot communicate with the attacker to steal your private keys.
member
Activity: 406
Merit: 10
February 04, 2018, 07:16:31 AM
#41
Although there are other bitcoin wallets but you can also consider this ones below.

Mycelium

Copay

Armory


Breadwallet

KeepKey Wallet

MultiBit

 AirBitz

Blockchain.info


Trezor Wallet

Ledger Nano S Wallet


Coinbase
















jr. member
Activity: 126
Merit: 1
February 03, 2018, 08:38:03 PM
#40
online wallet  -  blockchain.info
Or ledger.
jr. member
Activity: 238
Merit: 7
February 03, 2018, 08:27:11 AM
#39
Meta mask ERC-20 Compatible wallet is also very good wallet , it is installed as chrome extension. One benefit of this wallet is that it protects you from phishing sites.
jr. member
Activity: 34
Merit: 3
February 02, 2018, 10:56:31 PM
#38
Can anyone recommend me safest wallet ? some wallet that is having e-mail confirmation protection ?
Isn't the safest wallet a hardware wallet? make sure to buy it at the official site instead of ebay because there was a ledger nano s scam going around and its kinda scary. hardware wallet has the best security !
full member
Activity: 378
Merit: 100
February 02, 2018, 09:56:48 PM
#37
Can anyone recommend me safest wallet ? some wallet that is having e-mail confirmation protection ?
TREZOR cold wallet is one of the safest electronic wallets. It has the ability to store multiple types of cryptocurrency and ERC-20 token. If your account is lost, you can regain access to your lock, assets, history, email and account. This is a reliable Bitcoin store that is safe and secure without any risk.
hero member
Activity: 867
Merit: 522
February 02, 2018, 09:56:14 PM
#36
Can anyone recommend me safest wallet ? some wallet that is having e-mail confirmation protection ?
Ethereum cold wallet on Coinbase. Coinbase allows you to access your wallet and supports multiple coin stores such as Ethereum and Bitcoin. Coinbase wallets are simple to set up and very easy to use
sr. member
Activity: 714
Merit: 250
February 02, 2018, 09:52:19 PM
#35
Can anyone recommend me safest wallet ? some wallet that is having e-mail confirmation protection ?
Ledger Nano S is a Bitcoin hardware wallet, Ethereum and Altcoin-based secure features for cryptocurrency storage and security for coin. It connects to any computer (with a USB port) and has an OLED screen to verify and confirm each transaction. Ledger Nano S supports the storage of multiple currencies such as Bitcoin, Litecoin, Ethereum and Altcoins in the same wallet.
jr. member
Activity: 154
Merit: 1
February 02, 2018, 01:59:36 AM
#34
Upload to the cloud = upload to your nearest intelligence agency. They will know what to do. Smiley
If you have uploaded VeraCrypt file container, cloud provider and intelligence agencies it collaborates won't even know what type of data you have uploaded.
Have you heard about steganography?!
legendary
Activity: 2674
Merit: 2965
Terminated.
February 01, 2018, 03:21:04 PM
#33
My favourite is Ledger Nano, but it has some problems with memory (you can't keep a lot of apps installed there).
I wouldn't call it a *problem*, rather a inconvenience. That was probably intentional in order to: a) Sell Gen 2. b) Cut production costs.

I mean to boot from Linux LiveCD and download wallet from cloud, then make a transaction.
This strategy minimizes risk of trojan malware that you have caught somewhere.
Trojan =/= malware. Trojan's are a subset of malware. Either way, while being beneficial to security, that does not guarantee anything.

How does cloud service owner will use rubber-hose cryptanalysis?! Very interesting...!  Grin
Upload to the cloud = upload to your nearest intelligence agency. They will know what to do. Smiley
jr. member
Activity: 154
Merit: 1
January 31, 2018, 10:36:16 PM
#32
You literally suggested cloud services for backup, now you suddenly switch toLinux live CD. Please stop giving advice here.
I mean to boot from Linux LiveCD and download wallet from cloud, then make a transaction.
This strategy minimizes risk of trojan malware that you have caught somewhere.

So naive. Roll Eyes


How does cloud service owner will use rubber-hose cryptanalysis?! Very interesting...!  Grin
newbie
Activity: 37
Merit: 0
January 31, 2018, 03:31:57 PM
#31
Best wallet for me - is a hardware wallet.

1) Ledger Nano S
2) Trezor
3) KeepKey

These wallets that I've used. My favourite is Ledger Nano, but it has some problems with memory (you can't keep a lot of apps installed there).

legendary
Activity: 2674
Merit: 2965
Terminated.
January 31, 2018, 02:31:54 AM
#30
Your password leaks somehow, somewhere: Most intelligence agencies in the world have access to your wallet.
If you use LiveCD Linux, it is almost impossible.
You literally suggested cloud services for backup, now you suddenly switch toLinux live CD. Please stop giving advice here.

Can happen only if you are person of interest for them and they have installed hardware keylogger or other spying device into your PC.
Everyone is a person of interest for NSA and every single both Intel and AMD CPU has a backdoor.

I don't think it is easy even for NSA to crack 30 character password for VeraCrypt container with AES-Twofish-Serpent cascade encryption.
So naive. Roll Eyes

jr. member
Activity: 154
Merit: 1
January 31, 2018, 02:04:24 AM
#29
Your password leaks somehow, somewhere: Most intelligence agencies in the world have access to your wallet.
If you use LiveCD Linux, it is almost impossible. Can happen only if you are person of interest for them and they have installed hardware keylogger or other spying device into your PC.

Encryption is not that rarely broken and cloud services have a lot of computing power. Although risk isn't super high. it is still not negligible in my opinion.
I don't think it is easy even for NSA to crack 30 character password for VeraCrypt container with AES-Twofish-Serpent cascade encryption.
legendary
Activity: 1862
Merit: 1469
January 30, 2018, 06:10:36 PM
#28
legendary
Activity: 2674
Merit: 2965
Terminated.
January 30, 2018, 01:22:18 PM
#27
No. Never upload wallets to the cloud. That's a horrible idea.
Why? If you have encrypted wallet with good password, cloud service provider will never access your bitcoins.
Your password leaks somehow, somewhere: Most intelligence agencies in the world have access to your wallet.

However, if you keep wallet on your PC HDD/SSD or other media, you can lose your bitcoins forever if some force majeure event occurs (fire, floods, explosion, police raid where your PC seized etc).
No. Local backups > cloud backups. Data loss on the cloud isn't unknown. Keep backups at multiple locations to avoid the mentioned events.

Encryption is not that rarely broken and cloud services have a lot of computing power. Although risk isn't super high. it is still not negligible in my opinion.
There's also this.

Blockchain.info and coinbase are also good options if you want online wallets.
But I wouldn't recommend using an online wallets, its better to go with a desktop/mobile option or even hardware wallet like trezor.
Horrible two suggestions.
sr. member
Activity: 490
Merit: 389
Do not trust the government
January 30, 2018, 07:24:24 AM
#26
No. Never upload wallets to the cloud. That's a horrible idea.
Why? If you have encrypted wallet with good password, cloud service provider will never access your bitcoins.
However, if you keep wallet on your PC HDD/SSD or other media, you can lose your bitcoins forever if some force majeure event occurs (fire, floods, explosion, police raid where your PC seized etc).

Encryption is not that rarely broken and cloud services have a lot of computing power. Although risk isn't super high. it is still not negligible in my opinion.
Encryption of wallets is crucial, but their secrecy is still a very good addition to security.
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