Suggest me Safest bitcoin wallet - page 7.

jak1

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Quote from: talkbitcoin on March 25, 2016, 07:43:47 AM

blockchain.info is a web wallet and it is safe but not the safest wallet you can find.

As they say they always get our password in encrypted form.is that really true?
that is correct. the wallet is stored on their servers as encrypted and opens up in your browser

is there service shuts down will i still have control over it?
since you can have the private keys and/or wallet exported, then yes you can have control by importing that into another wallet.

alternative:
use bitcoin core (it is full node meaning you have to download whole blockchain 7GB)
or use Electrum : SPV wallet meaning you only download block headers (30-40 MB)

blockchain.info is the not the most secure online wallet. I have heard few incidents when people wallets were compromised.
I think Coinbase is a better choice when it comes to online wallet.

Answerme2

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Activity: 108

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Quote from: mocacinno on March 25, 2016, 08:52:33 AM

Quote from: Answerme2 on March 25, 2016, 08:47:44 AM

Quote from: ranochigo on March 25, 2016, 08:41:32 AM

Quote from: Answerme2 on March 25, 2016, 08:36:32 AM

Please tell me any safe paper wallet generating service that actually does not have access to the private key that they put on the paper?

I've already told you. Bitaddress.org or their source code: https://github.com/pointbiz/bitaddress.org. It is impossible to transmit the private key over internet without internet so use it offline. However, they can still affect the entropy of the private keys so do review the source code and compile it yourself if possible.

How to compile it my salf? i am new to paper wallets so pleasr guide me sir

bitaddress.org's sourcecode is javascript, it runs from your browser.... Just go to the link ranochigo gave you, download the sourcecode (as a zip file), unzip it on a CLEAN OFFLINE computer, open bitaddress.org.html with your browser, follow the wizard, print your paper wallet as pdf on a usb stick, print the pdf on an offline printer that accepts pdf on usbsticks, erase the usb stick, restart the printer, restart (or even reinstall) the pc => safe

PS => for the really paranoid:
- BIP38 encryption is a must
- you can run a linux live cd for these steps
- removing the pdf from the usb stick isn't good enough, overwrite the device by random characters several times (TIP: dd if=/dev/urandom of=/dev/sdd1 in case your usb is on /dev/sdd1)

Thank you but in which step i transfer my existing bitcoins to paper wallet that i created?
Can i permanently store in usb stick instead of printing?I think that would be more safe as paper can sometimes be easily lost or damaged.

mocacinno

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Quote from: Answerme2 on March 25, 2016, 08:47:44 AM

Quote from: ranochigo on March 25, 2016, 08:41:32 AM

Quote from: Answerme2 on March 25, 2016, 08:36:32 AM

Please tell me any safe paper wallet generating service that actually does not have access to the private key that they put on the paper?

I've already told you. Bitaddress.org or their source code: https://github.com/pointbiz/bitaddress.org. It is impossible to transmit the private key over internet without internet so use it offline. However, they can still affect the entropy of the private keys so do review the source code and compile it yourself if possible.

How to compile it my salf? i am new to paper wallets so pleasr guide me sir

bitaddress.org's sourcecode is javascript, it runs from your browser.... Just go to the link ranochigo gave you, download the sourcecode (as a zip file), unzip it on a CLEAN OFFLINE computer, open bitaddress.org.html with your browser, follow the wizard, print your paper wallet as pdf on a usb stick, print the pdf on an offline printer that accepts pdf on usbsticks, erase the usb stick, restart the printer, restart (or even reinstall) the pc => safe

PS => for the really paranoid:
- BIP38 encryption is a must
- you can run a linux live cd for these steps
- removing the pdf from the usb stick isn't good enough, overwrite the device by random characters several times (TIP: dd if=/dev/urandom of=/dev/sdd1 in case your usb is on /dev/sdd1)

Answerme2

member

Activity: 108

Merit: 10

Quote from: ranochigo on March 25, 2016, 08:41:32 AM

Quote from: Answerme2 on March 25, 2016, 08:36:32 AM

Please tell me any safe paper wallet generating service that actually does not have access to the private key that they put on the paper?

I've already told you. Bitaddress.org or their source code: https://github.com/pointbiz/bitaddress.org. It is impossible to transmit the private key over internet without internet so use it offline. However, they can still affect the entropy of the private keys so do review the source code and compile it yourself if possible.

How to compile it my salf? i am new to paper wallets so pleasr guide me sir

zabisux

sr. member

Activity: 401

Merit: 250

Presale is live!

I believe bitcoin's own wallet, bitcoin core is the safest wallet.

ranochigo

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Quote from: Answerme2 on March 25, 2016, 08:36:32 AM

Please tell me any safe paper wallet generating service that actually does not have access to the private key that they put on the paper?

I've already told you. Bitaddress.org or their source code: https://github.com/pointbiz/bitaddress.org. It is impossible to transmit the private key over internet without internet so use it offline. However, they can still affect the entropy of the private keys so do review the source code and compile it yourself if possible.

Answerme2

member

Activity: 108

Merit: 10

Please tell me any safe paper wallet generating service that actually does not have access to the private key that they put on the paper?

iv4n

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My wallet is very safe. First you send your money there and if I have luck after that you will even have interest on that money you putted in my wallet. PM me if u wish to do this, you can try with some smaller amount like just 2 or 3 btc.

Don't blame me for irony after 10001 similar topic.

mocacinno

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Quote from: ranochigo on March 25, 2016, 08:00:55 AM

There is no evidence that they would delete the private key. Even if they do, someone could have kept a record of it.

Yes. Bitaddress.org code downloaded and ran on a off line linux computer would be the best option since no one would have access to the private key except you.

^^This is a great answer

The only thing i wanted to add: if you use bitaddress and generate a paper wallet offline, you can easily work the other way around, and import the private key from the paper wallet into blockchain if you ever feel the need to do so.
You do have to realise your private key is "compromised" as soon as you use it on any pc that is connected to the internet, so you should do your business, and transfer the rest of the coins back to a fresh paper wallet ASAP.

The process is pretty easy to finetune, since a couple of those offline paper wallet generators can generate a paper wallet for the testnet, so you can easily experment without risking your coins Grin

ranochigo

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Quote from: Answerme2 on March 25, 2016, 07:56:46 AM

Quote from: mocacinno on March 25, 2016, 07:50:18 AM

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

I want an online wallet

Blockchain.info

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

something that is independent and provides backup

you can export your private key from blockchain.info if you want to

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

can't steal the bitcoins even of they shut there service and when they do shut there service i should be able to easily restore my wallet

I don't think 100% security will ever exist... An online wallet is way less secure than a hardware wallet, a paper wallet or a cold storage wallet. I don't think there are exceptions

Blockchain.info has option for paper wallet.If i print my wallet.Will my wallet no longer be accessible though blockchain.info? and if it will, then what's the point of paper wallet?
How can i make such a paper wallet that holds the bitcoin and nothing can be spened untill i actually use the paper.In case of blockchain.info paper wallet my wallet will still be online right?

There is no evidence that they would delete the private key. Even if they do, someone could have kept a record of it, possibly captured by a malware on your computer.

Yes. Bitaddress.org code downloaded and ran on a off line linux computer would be the best option since no one would have access to the private key except you.
For even greater security, review the source code of bitaddress.org. It is important to regenerate a paper wallet everytime you spend it. It would potentially be vulnerable once exposed to the internet.

jack1111

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Activity: 924

Merit: 500

blockchain.info is the best for me . it is safe and fast wallet

Answerme2

member

Activity: 108

Merit: 10

Quote from: mocacinno on March 25, 2016, 07:50:18 AM

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

I want an online wallet

Blockchain.info

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

something that is independent and provides backup

you can export your private key from blockchain.info if you want to

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

can't steal the bitcoins even of they shut there service and when they do shut there service i should be able to easily restore my wallet

I don't think 100% security will ever exist... An online wallet is way less secure than a hardware wallet, a paper wallet or a cold storage wallet. I don't think there are exceptions

Blockchain.info has option for paper wallet.If i print my wallet.Will my wallet no longer be accessible though blockchain.info? and if it will, then what's the point of paper wallet?
How can i make such a paper wallet that holds the bitcoin and nothing can be spened untill i actually use the paper.In case of blockchain.info paper wallet my wallet will still be online right?

BitcoinSupremo

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Activity: 1442

Merit: 529

100% security still doesn't exist, but if you install Electrum on a fresh Linux machine and you only use the Firefox browser there, for safe sites, and store the seed of Electrum in 2-3 other safe places (USB or external HDD) which you don't put in Windows PC-s, I think this is the most close to 100% security, this is what I am doing actually, saving all of my BTC online, have half of yours actually.

mocacinno

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Activity: 3584

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https://merel.mobi => buy facemasks with BTC/LTC

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

I want an online wallet

Blockchain.info

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

something that is independent and provides backup

you can export your private key from blockchain.info if you want to

Quote from: Answerme2 on March 25, 2016, 07:46:13 AM

can't steal the bitcoins even of they shut there service and when they do shut there service i should be able to easily restore my wallet

I don't think 100% security will ever exist... An online wallet is way less secure than a hardware wallet, a paper wallet or a cold storage wallet. I don't think there are exceptions

Answerme2

member

Activity: 108

Merit: 10

Quote from: shorena on March 25, 2016, 07:41:46 AM

Quote from: Answerme2 on March 25, 2016, 07:38:43 AM

Hey there every1 i wanna know how can i safely store 6.xx bitcoins of mine? Please don't recommend hardware wallet as they are waste of money as i ak sure there are some other safe bitcoin wallets.I want a wallet that is independent means even if some service shuts down i still have control of my bitcoins.Is blockchain.info wallet safe?

Well, they send you a backup via mail, but you said you dont want to use a service.

Quote from: Answerme2 on March 25, 2016, 07:38:43 AM

As they say they always get our password in encrypted form.is that really true?is there service shuts down will i still have control over it?Please help me friends how can i backup my wallet and store it in say usb drive and store it somewhere safe.is that possible? or any other best bitcoin wallet? and yet don't recommend desktop wallets which can easily be affected by malware

Looks like you already know what you want. So why post at all? The safest way is to use an offline wallet, but thats either a hardware wallet or a desktop wallet. Neither is what you want.

I want an online wallet something that is independent and provides backup and can't steal the bitcoins even of they shut there service and when they do shut there service i should be able to easily restore my wallet on any other wallet client.Does that kind of wallet exist or not?

Navesh Sapad

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Activity: 280

Merit: 250

★YoBit.Net★ 350+ Coins Exchange & Dice

ofcourse cold storage , download the official wallet of bitcoin and store , Thats the safest , Other than that if you want online wallet , then i would suggest BLOCKCHAIN wallet , I have been using it for years and no problem at all so far

merelcoin

hero member

Activity: 675

Merit: 504

You can always go for a paper wallet... Secure, and costs almost nothing

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

blockchain.info is a web wallet and it is safe but not the safest wallet you can find.

As they say they always get our password in encrypted form.is that really true?
that is correct. the wallet is stored on their servers as encrypted and opens up in your browser

is there service shuts down will i still have control over it?
since you can have the private keys and/or wallet exported, then yes you can have control by importing that into another wallet.

alternative:
use bitcoin core (it is full node meaning you have to download whole blockchain 7GB)
or use Electrum : SPV wallet meaning you only download block headers (30-40 MB)

mcb1221

legendary

Activity: 1162

Merit: 1000

Generally Hardware wallets are safe , but old linux wallet will also serve for good use ,
use Pc THAT HAVE LEAST INTERNET CONNECTION AND IT WILL BE GOOD FROM POINT OF ONLINE THREATS.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: Answerme2 on March 25, 2016, 07:38:43 AM

Hey there every1 i wanna know how can i safely store 6.xx bitcoins of mine? Please don't recommend hardware wallet as they are waste of money as i ak sure there are some other safe bitcoin wallets.I want a wallet that is independent means even if some service shuts down i still have control of my bitcoins.Is blockchain.info wallet safe?

Well, they send you a backup via mail, but you said you dont want to use a service.

Quote from: Answerme2 on March 25, 2016, 07:38:43 AM

As they say they always get our password in encrypted form.is that really true?is there service shuts down will i still have control over it?Please help me friends how can i backup my wallet and store it in say usb drive and store it somewhere safe.is that possible? or any other best bitcoin wallet? and yet don't recommend desktop wallets which can easily be affected by malware

Looks like you already know what you want. So why post at all? The safest way is to use an offline wallet, but thats either a hardware wallet or a desktop wallet. Neither is what you want.

Edit: missed the obvious paper wallet as discussed below.

Topic: Suggest me Safest bitcoin wallet - page 7. (Read 5243 times)