I have been playing with my Trezor "Bitcoin Safe":
http://www.bitcointrezor.com/
and so far it looks like a very safe way to store your BTC. I am adding more and more BTC to it as I get more comfortable with it. I think they will be on sale to the general public in a few months (once all the preorders from the people who jump started the company are filled).
Topic: Safest wallet - page 6. (Read 5657 times)
Just want to ask which wallet is the safest to store my BTC on? 
Any suggestions, please.
Any suggestions, please.
IMO the safest wallet would be Blockchain.info.
With that being said, in order for blockchian to be the best wallet, you must first understand how Bitcoin works and implement all of the security features that they offer.
The best way to store bitcoin for a newer/less tech savvy person would be coinbase. They are generally considered secure and offer security features that are easy to understand. Although having your coins hosted at a 3rd party is against the general concept of Bitcoin.
You need to understand blockchain.info is not the offical blockchain. It's just another company. They are just as safe/unsafe as other online wallet services. I would recommend a paper wallet as the safest option.
I don't recommend online wallets, some get hacked once in a while. I don't recommend mobile wallets either, simply because many of the mobile apps contain spyware.
There are these desktop wallets:
Bitcoin Core
Multibit
Hive OS X
Hive
Armory
Electrum
You could pick based on your operating system. Full list here: https://bitcoin.org/en/choose-your-wallet
There are these desktop wallets:
Bitcoin Core
Multibit
Hive OS X
Hive
Armory
Electrum
You could pick based on your operating system. Full list here: https://bitcoin.org/en/choose-your-wallet
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Online wallets are not safe, no matter, what people say.
http://altcoinpress.com/2014/03/bitcoin-bank-flexcoin-closes-after-hacker-toys-with-weak-code/
Hmmmmm
http://altcoinpress.com/2014/03/bitcoin-bank-flexcoin-closes-after-hacker-toys-with-weak-code/
Hmmmmm
sounds like a happy day for that hacker.
Online wallets are not safe, no matter, what people say.
http://altcoinpress.com/2014/03/bitcoin-bank-flexcoin-closes-after-hacker-toys-with-weak-code/
Hmmmmm
http://altcoinpress.com/2014/03/bitcoin-bank-flexcoin-closes-after-hacker-toys-with-weak-code/
Hmmmmm
Just want to ask which wallet is the safest to store my BTC on?
Any suggestions, please.
Any suggestions, please.
your safest bet is local client wallet on your pc, transfer everything there, then back it up on usb stick, and delete wallet from your pc.
place usb drive somewhere safe. no online wallet is 100% safe.
eventualy use some large exchange for trading, but dont have large amounts of money there.
cheers
Offline wallets and paper wallets are the the safest wallet, as it is safe from all hacking and malware.
But be careful of forgetting bitcoin and throw away your HDD or paper.
Old news, but still worth reading if you haven't read it before. http://www.bbc.com/news/uk-wales-south-east-wales-25134289
But be careful of forgetting bitcoin and throw away your HDD or paper.
Old news, but still worth reading if you haven't read it before. http://www.bbc.com/news/uk-wales-south-east-wales-25134289
Just spread the coins, you use daily, into 3 or more online wallet providers. That way you spread the risk, of losing all of them, in one hack.
Keep the coins, you plan on saving in paper wallets. {Laminate them, before you store them away}
Remember fish moth eat paper.
Lock it away in a safe, and some in a bank.
Chance is small, for you, to be robbed on all fronts.
Keep the coins, you plan on saving in paper wallets. {Laminate them, before you store them away}
Remember fish moth eat paper.
Lock it away in a safe, and some in a bank.
Chance is small, for you, to be robbed on all fronts.
Do you think I can make a safe cold storage using a virtual machine like VirtualBox inside an infected Windows OS?
I use electrum for my main one cause it's small in size and portable and for a spending wallet i just use block chain.
Just want to ask which wallet is the safest to store my BTC on?
Any suggestions, please.
Any suggestions, please.
IMO the safest wallet would be Blockchain.info.
With that being said, in order for blockchian to be the best wallet, you must first understand how Bitcoin works and implement all of the security features that they offer.
The best way to store bitcoin for a newer/less tech savvy person would be coinbase. They are generally considered secure and offer security features that are easy to understand. Although having your coins hosted at a 3rd party is against the general concept of Bitcoin.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Electrum is not really less private and the servers never sees your keys. You could argue the server operator could see your wallet balance but that's about it.
Just want to ask which wallet is the safest to store my BTC on?
Any suggestions, please.
Any suggestions, please.
If your wallet is offline, they are all quite safe. If your wallet is online, then your bitcoins could possibly be stolen. Electrum is a bit less private due to its unique system of nodes, but private keys are encrypted.
What I do is to leave a small amount in my wallet gui, and always to create several paperwallets to leave the most part of my BTC in cold storage: I divide the total balance to be kept in cold storage in several separate paperwallets, and whenever I want to spend some, I import only one of these paperwallets to my wallet gui, avoiding problems with change addresses 
Just want to ask which wallet is the safest to store my BTC on?
Any suggestions, please.
Any suggestions, please.
Paper Wallet is the best bet in my opinion...
Off line is the safest by far.
Jerry
Jerry
I`d recommend what the wallet is for... so storage wise I`d use desktop wallets.
For gambling and other micro transactions I would do light weight wallets: multibit, or electrum. (preference of choice)
Then lets say if you had won lots of bitcoin, going to store that in a cold wallet - like paperwallets.
For gambling and other micro transactions I would do light weight wallets: multibit, or electrum. (preference of choice)
Then lets say if you had won lots of bitcoin, going to store that in a cold wallet - like paperwallets.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Lol. Those guys have so many spelling and grammar mistakes. Amateur scam operation.
I am working on getting together a list of all BIP32, BIP39 and BIP44 compliant deterministic wallets that are totally compatible with each other.
So far I have found the Trezor hardware "Bitcoin safe":
https://bitcointalksearch.org/topic/eshop-launched-trezor-bitcoin-hardware-wallet-122438
and the android application called wallet32:
https://play.google.com/store/apps/details?id=com.bonsai.wallet32
I have tested these two wallets and they are totally compatible with each other:
https://bitcointalksearch.org/topic/m.7183991
Next I tried the web based carbonwallet:
http://carbonwallet.com/app/app.html
But it appears to be out of date and does not accept the word list that was accepted by both Trezor and wallet32. Does anyone know of any plans to update this wallet?
Does anyone work on or know of any other BIP32, BIP39 and BIP44 compliant deterministic wallets?
BTW I checked out this one:
https://www.btc-banker.com/
and it is a very obvious scam. Analysis of their source code, which is a modified version of the carbonwallet code, shows that they POST the passphrase value back to themselves. This gives them the ability to recreate the entire private key sequence which will allow them to "be hacked" at some future date and steal all the BTC from every one of their customers.
https://bitcointalksearch.org/topic/m.7151016
Looking for honest BIP32, BIP39 and BIP44 compliant deterministic wallets.
So far I have found the Trezor hardware "Bitcoin safe":
https://bitcointalksearch.org/topic/eshop-launched-trezor-bitcoin-hardware-wallet-122438
and the android application called wallet32:
https://play.google.com/store/apps/details?id=com.bonsai.wallet32
I have tested these two wallets and they are totally compatible with each other:
https://bitcointalksearch.org/topic/m.7183991
Next I tried the web based carbonwallet:
http://carbonwallet.com/app/app.html
But it appears to be out of date and does not accept the word list that was accepted by both Trezor and wallet32. Does anyone know of any plans to update this wallet?
Does anyone work on or know of any other BIP32, BIP39 and BIP44 compliant deterministic wallets?
BTW I checked out this one:
https://www.btc-banker.com/
and it is a very obvious scam. Analysis of their source code, which is a modified version of the carbonwallet code, shows that they POST the passphrase value back to themselves. This gives them the ability to recreate the entire private key sequence which will allow them to "be hacked" at some future date and steal all the BTC from every one of their customers.
https://bitcointalksearch.org/topic/m.7151016
Looking for honest BIP32, BIP39 and BIP44 compliant deterministic wallets.
Is Multibit still a good option for a hot wallet?
I use it and have never had any problems.
I use it and have never had any problems.
For hot wallets, IMO, multibit is a good choice (thin client, easy to use)
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