Is Multibit still a good option for a hot wallet?
I use it and have never had any problems.
Topic: Safest wallet - page 7. (Read 5657 times)
Well I guess it's either Blockchain or Multibit in the end
Your bitcoin will be gone, when you got a keylogger on your machine.
Such loss could be prevented with offline wallet (cold storage)
Just want to ask which wallet is the safest to store my BTC on?
Any suggestions, please.
Any suggestions, please.
Go to https://bitcoin.org/en/choose-your-wallet and check out, I use https://greenaddress.it/
Well I guess it's either Blockchain or Multibit in the end
For my completely offline SAVINGS ONLY paper wallet I went with the following (all done with no internet connection):
1. Used liveCD linux on USB with bitaddress.org code downloaded from GitHub to generate a private key and receiving address.
2. Saved PDF of paper wallet to two USB drives and printed two copies (then deleted cache of print spool).
3. Put one USB drive and paper wallet in safe at home, other in safety deposit box.
4. Use receiving address to deposit coin.
I know some would not like to have a complete paper wallet unencrypted in a bank vault, but this satisfies my concern for security while also allowing family to get at my coin if I get eaten by a bear.
1. Used liveCD linux on USB with bitaddress.org code downloaded from GitHub to generate a private key and receiving address.
2. Saved PDF of paper wallet to two USB drives and printed two copies (then deleted cache of print spool).
3. Put one USB drive and paper wallet in safe at home, other in safety deposit box.
4. Use receiving address to deposit coin.
I know some would not like to have a complete paper wallet unencrypted in a bank vault, but this satisfies my concern for security while also allowing family to get at my coin if I get eaten by a bear.
I feel any wallet is unsafe!
Please take good care of your private key
Please take good care of your private key
If you are worried about hacking, use an offline wallet or paper wallet.
If you are worried about machine failure, make multiple backups to your wallet file.
I think any wallet on the pc is probably safe.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.
No, not any wallet is safe if you got a virus.
And if you use a weak password it will not be hard to crack.
You are right that the best option is offline pc (cold storage)
Please take good care of your private key
legendary
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I think any wallet on the pc is probably safe.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.
No, not any wallet is safe if you got a virus.
And if you use a weak password it will not be hard to crack.
You are right that the best option is offline pc (cold storage)
only cold storage, best would be generate offline, encrypt by trucrypt (old version before 7.2) generated address inside multibit and stash it on couple devices
I think any wallet on the pc is probably safe.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.
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How can the owner of blockchain withdraw from our wallets? they send us backups of the wallets meaning they already have them stored in a database of some sort. they have root access to the site so they could change our email information or directly access our bitcoin and take it for themselves.
They're encrypted browser side. They only have access to the encrypted wallets.
https://blockchain.info/wallet
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Mt gox
(Someone had to say it)
(Someone had to say it)
This isn't very good answer because MtGox was an online exchange and people are putting their money in risk if they keep their saving on any on-line service.
Isn't that right?
Your sarcasm detector appears to have malfunctioned.
Mt gox
(Someone had to say it)
(Someone had to say it)
This isn't very good answer because MtGox was an online exchange and people are putting their money in risk if they keep their saving on any on-line service.
Isn't that right?
Well I dont know if I really need any special requirements, I just want to store my BTC
Then get any of the main ones: bitcoin qt, electrum, mycelium etc or even an online blockchain.info one. Just make sure you set up all the security features ie 2-factor auth and second password etc.
i have some coins on blockchain but i don't like putting my fate in someone else's hands.
i never really liked paper wallets either, since it's easy to lose and someone else can stumble upon it.
It's been confirmed that paper wallets are the SAFEST way to store Bitcoin anything which connects to the web is a direct threat to viruses and other such things. paper wallets are not easily found it you know how to store them encrypt them so only you know.
Depends how you make them. If you use a dodgy online generator or your comp is infected when you create them they're not that safe. Plus they can become easily smudged/damaged and therefore unreadable, and for that reason I prefer just to have a usb/cd-r back up of my wallet.dat files.
Well I dont know if I really need any special requirements, I just want to store my BTC
Then get any of the main ones: bitcoin qt, electrum, mycelium etc or even an online blockchain.info one. Just make sure you set up all the security features ie 2-factor auth and second password etc.
i have some coins on blockchain but i don't like putting my fate in someone else's hands.
i never really liked paper wallets either, since it's easy to lose and someone else can stumble upon it.
You're not. You're in control of your coins if you've got a back up. Even if the site died or went offline for whatever reasons you would still have your bitcoins.
They can still withdraw from all of our accounts blockchain isn't the safest option far from it but its the most trusted out of the online bitcoin wallets. theres been a few accusations against bitcoin which never got sorted.
How can they withdraw them? Anyone who thinks they stole their coins was probably just sloppy on security their own side.
How can the owner of blockchain withdraw from our wallets? they send us backups of the wallets meaning they already have them stored in a database of some sort. they have root access to the site so they could change our email information or directly access our bitcoin and take it for themselves.
global moderator
Activity: 3990
Merit: 2717
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Well I dont know if I really need any special requirements, I just want to store my BTC
Then get any of the main ones: bitcoin qt, electrum, mycelium etc or even an online blockchain.info one. Just make sure you set up all the security features ie 2-factor auth and second password etc.
i have some coins on blockchain but i don't like putting my fate in someone else's hands.
i never really liked paper wallets either, since it's easy to lose and someone else can stumble upon it.
It's been confirmed that paper wallets are the SAFEST way to store Bitcoin anything which connects to the web is a direct threat to viruses and other such things. paper wallets are not easily found it you know how to store them encrypt them so only you know.
Depends how you make them. If you use a dodgy online generator or your comp is infected when you create them they're not that safe. Plus they can become easily smudged/damaged and therefore unreadable, and for that reason I prefer just to have a usb/cd-r back up of my wallet.dat files.
Well I dont know if I really need any special requirements, I just want to store my BTC
Then get any of the main ones: bitcoin qt, electrum, mycelium etc or even an online blockchain.info one. Just make sure you set up all the security features ie 2-factor auth and second password etc.
i have some coins on blockchain but i don't like putting my fate in someone else's hands.
i never really liked paper wallets either, since it's easy to lose and someone else can stumble upon it.
You're not. You're in control of your coins if you've got a back up. Even if the site died or went offline for whatever reasons you would still have your bitcoins.
They can still withdraw from all of our accounts blockchain isn't the safest option far from it but its the most trusted out of the online bitcoin wallets. theres been a few accusations against bitcoin which never got sorted.
How can they withdraw them? Anyone who thinks they stole their coins was probably just sloppy on security their own side.
Well I dont know if I really need any special requirements, I just want to store my BTC
Then get any of the main ones: bitcoin qt, electrum, mycelium etc or even an online blockchain.info one. Just make sure you set up all the security features ie 2-factor auth and second password etc.
i have some coins on blockchain but i don't like putting my fate in someone else's hands.
i never really liked paper wallets either, since it's easy to lose and someone else can stumble upon it.
You're not. You're in control of your coins if you've got a back up. Even if the site died or went offline for whatever reasons you would still have your bitcoins.
They can still withdraw from all of our accounts blockchain isn't the safest option far from it but its the most trusted out of the online bitcoin wallets. theres been a few accusations against bitcoin which never got sorted.
Well I dont know if I really need any special requirements, I just want to store my BTC
You want to store of you want to buy and perhaps you will want to send them to pay someone of for something?
If you want just to keep them safe - cold storage. You will find many tutorials around on how to make one.
If you want to operate with your coins more often you should choose the one that will make you feel good with using it.
In my opinion - if you want to download 20GB of a blockchain you should use Bitcoin Core
If you don't want to keep blockchain data you can choose Electrum.
If you want to keep your coins on a mobile device which is a way I like to do (as I don't keep any savings there, just earn and spend) - I prefer Bitcoin Wallet (for Android).
Those wallets are very good in my opinion.
You can choose on-line wallet too - like blochchain.info - but remember that keeping money on an online service like online wallet or an exchange is not recommended because it isn't so safe.
Regards.
Armory is probably the safest if you use the offline wallet
Well I dont know if I really need any special requirements, I just want to store my BTC
Then get any of the main ones: bitcoin qt, electrum, mycelium etc or even an online blockchain.info one. Just make sure you set up all the security features ie 2-factor auth and second password etc.
i have some coins on blockchain but i don't like putting my fate in someone else's hands.
i never really liked paper wallets either, since it's easy to lose and someone else can stumble upon it.
It's been confirmed that paper wallets are the SAFEST way to store Bitcoin anything which connects to the web is a direct threat to viruses and other such things. paper wallets are not easily found it you know how to store them encrypt them so only you know.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I favor electrum. And you can use it in cold storage mode.
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