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Topic: The safest wallet? - page 7. (Read 31228 times)

legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 10, 2016, 08:35:47 AM
@newIndia

My website can be used offline. It is only front end.

Maybe I should put the code on github. I am not sure yet if this would be a good idea. I have to think about this a little bit.
Sorry to say, it doesn't matter if it can be used offline or not. Your site COULD be coded to generate insecure or predictable keys which would easily allow the balance to be stolen. Without the source code, it is impossible to verify this and people would be better off using the source code to build and run it themselves.

I think xapo, is one of safest wallet of bitcoin, because that have many security ways to login.
-snip-
Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection.
-snip-
Please don't. Online wallets have been proven AGAIN AND AGAIN to be insecure in many aspects, even blockchain.info. If it is online, there is always a single point of failure, whether through the employee stealing the funds directly or changing the code to steal funds.
sr. member
Activity: 318
Merit: 251
November 08, 2016, 04:21:01 PM
Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection. Xapo is known for having reasonably advanced privacy and security features, especially for a web-based wallet. The company supports payments through a debit card system, making it easy to spend your Bitcoins. The app is also friendly for newbies, so if you’re new to Bitcoin, give Xapo a close look.
sr. member
Activity: 336
Merit: 250
November 08, 2016, 03:50:51 PM
I think xapo, is one of safest wallet of bitcoin, because that have many security ways to login.
4 digit number, password, login with phone number ... etc

It's hard to hack accounts.
sr. member
Activity: 1344
Merit: 307
November 08, 2016, 01:19:26 PM
@newIndia

My website can be used offline. It is only front end.

Maybe I should put the code on github. I am not sure yet if this would be a good idea. I have to think about this a little bit.

You should put it on github and be transparent about what you are doing.
newbie
Activity: 18
Merit: 1
November 08, 2016, 12:30:38 PM
@newIndia

My website can be used offline. It is only front end.

Maybe I should put the code on github. I am not sure yet if this would be a good idea. I have to think about this a little bit.
legendary
Activity: 2226
Merit: 1052
November 08, 2016, 09:00:44 AM
Paper wallets are very safe. Check out my website:

paper-wallet.net

I still have a lot of work to do in order to improve my website, but it works already for some currencies.
Paper wallets are really safe if they are created offline using Bitcoin Core, Electrum, Armory, CoPay or Bitaddress.org. But, unfortunately, your website does not seem to be safe. May be, as it is under construction, I did not understand its working.
sr. member
Activity: 546
Merit: 252
November 08, 2016, 08:52:41 AM
I think the best solution will be offline usb wallet
newbie
Activity: 18
Merit: 1
November 07, 2016, 01:40:16 PM
Paper wallets are very safe. Check out my website:

paper-wallet.net

I still have a lot of work to do in order to improve my website, but it works already for some currencies.
full member
Activity: 224
Merit: 100
November 07, 2016, 05:10:13 AM
Security wise Coinbase is very good for web wallet, but if you are going to use in gambling then better dont use it as they will ban your account if found using gambling without any warning. And even your personal details and transaction are also not secure because if any legal authored person ask your detail they will disclose it.

So it is better to use desktop or hardware wallet for any purpose with fully security


Well for me I don't think online wallets are not safe. In fact, we can be secured to them because they have another companies as partners and since they have partners, they cannot close in an instant.

In the first place, hardware wallet can not be safe also if your computer or hardware is infected with a virus. So, the care is in your hands. Make sure to take security precautions first before transacting if you are holding a large amount of bitcoin.
newbie
Activity: 20
Merit: 0
November 02, 2016, 07:10:55 AM
Security wise Coinbase is very good for web wallet, but if you are going to use in gambling then better dont use it as they will ban your account if found using gambling without any warning. And even your personal details and transaction are also not secure because if any legal authored person ask your detail they will disclose it.

So it is better to use desktop or hardware wallet for any purpose with fully security
Which one among desktop wallets and hardware ones is better on your opinion?
newbie
Activity: 20
Merit: 0
November 02, 2016, 06:59:16 AM
Yes, indeed. are you referred for this?
https://www.coinbase.com/legal/licenses
Actually, about using the legal licensed are published by the legal institution it means in the real this service are already got any recognition be them. and this is will giving more for the users.
It's mean the official institution are giving the another guarantee for the users of coinbase are having the unresolved problem and that's so helpfully.

Like this one
Quote
If you have a complaint, first contact the consumer assistance division of Coinbase at [email protected] or (800) 343-5845. If you still have an unresolved complaint regarding the company's money transmission or currency exchange activity, please direct your complaint to: Texas Department of Banking, 2601 North Lamar Boulevard, Austin, Texas 78705, 1-877-276-5554 (toll free), www.dob.texas.gov.

Yes I mean that page with the list of licenses on their web site.
Having read some topics here I've come to conclusion that most of the members don't take that licenses as something really important which could affect on wallet security and which each wallet definitely must have. Yet another interesting question is whether such type of U.S license could help somehow settle issues of those users who don't live in the U.S., European users like me for example.
legendary
Activity: 1190
Merit: 1002
November 02, 2016, 02:38:29 AM
What about the safest among online wallets? Which one would you prefer if you couldn't use a secure desktop wallet and why?

Well it depends on where you live. Like me I'm living in the Philippines and we mainly uses Coins.ph because we can access its features in our county. But, those people living in States or other parts of the world. You can use Blockchain.io or Coinbase. These two I think are the safest wallet since their level of security is very high. You need code in Phone and email before you can access your wallet so there is no other way thieves can stole your bitcoin. Plus, the fact that many are using this wallet. There is very low risk of that company to scam your bitcoin stored in it.

It seems many people use both of the wallets. As for the Coinbase, they say they have a license (in the U.S.) for their business (actually I didn't quite get what kind of license). Does it add some layer of security for the user on your opinion, or in the bitcoin world such type of licenses don't mean much?
Yes, indeed. are you referred for this?
https://www.coinbase.com/legal/licenses
Actually, about using the legal licensed are published by the legal institution it means in the real this service are already got any recognition be them. and this is will giving more for the users.
It's mean the official institution are giving the another guarantee for the users of coinbase are having the unresolved problem and that's so helpfully.

Like this one
Quote
If you have a complaint, first contact the consumer assistance division of Coinbase at [email protected] or (800) 343-5845. If you still have an unresolved complaint regarding the company's money transmission or currency exchange activity, please direct your complaint to: Texas Department of Banking, 2601 North Lamar Boulevard, Austin, Texas 78705, 1-877-276-5554 (toll free), www.dob.texas.gov.


Security wise Coinbase is very good for web wallet, but if you are going to use in gambling then better dont use it as they will ban your account if found using gambling without any warning. And even your personal details and transaction are also not secure because if any legal authored person ask your detail they will disclose it.

So it is better to use desktop or hardware wallet for any purpose with fully security
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 02, 2016, 02:02:37 AM
What about the safest among online wallets? Which one would you prefer if you couldn't use a secure desktop wallet and why?

Well it depends on where you live. Like me I'm living in the Philippines and we mainly uses Coins.ph because we can access its features in our county. But, those people living in States or other parts of the world. You can use Blockchain.io or Coinbase. These two I think are the safest wallet since their level of security is very high. You need code in Phone and email before you can access your wallet so there is no other way thieves can stole your bitcoin. Plus, the fact that many are using this wallet. There is very low risk of that company to scam your bitcoin stored in it.

It seems many people use both of the wallets. As for the Coinbase, they say they have a license (in the U.S.) for their business (actually I didn't quite get what kind of license). Does it add some layer of security for the user on your opinion, or in the bitcoin world such type of licenses don't mean much?
Yes, indeed. are you referred for this?
https://www.coinbase.com/legal/licenses
Actually, about using the legal licensed are published by the legal institution it means in the real this service are already got any recognition be them. and this is will giving more for the users.
It's mean the official institution are giving the another guarantee for the users of coinbase are having the unresolved problem and that's so helpfully.

Like this one
Quote
If you have a complaint, first contact the consumer assistance division of Coinbase at [email protected] or (800) 343-5845. If you still have an unresolved complaint regarding the company's money transmission or currency exchange activity, please direct your complaint to: Texas Department of Banking, 2601 North Lamar Boulevard, Austin, Texas 78705, 1-877-276-5554 (toll free), www.dob.texas.gov.
hero member
Activity: 1106
Merit: 521
November 01, 2016, 06:09:42 PM
I am using an online wallet called coinbase. and it is safe to me and no charge for making transaction (upto 40 free transaction per day)

Yeah but they can shut your account at anytime and i have heard that they have even shut accounts for black listed coins that they say have been used in illegal activities. not good, also you dont own the private keys so it aint your bitcoin
newbie
Activity: 20
Merit: 0
October 31, 2016, 05:08:10 AM
What about the safest among online wallets? Which one would you prefer if you couldn't use a secure desktop wallet and why?

Well it depends on where you live. Like me I'm living in the Philippines and we mainly uses Coins.ph because we can access its features in our county. But, those people living in States or other parts of the world. You can use Blockchain.io or Coinbase. These two I think are the safest wallet since their level of security is very high. You need code in Phone and email before you can access your wallet so there is no other way thieves can stole your bitcoin. Plus, the fact that many are using this wallet. There is very low risk of that company to scam your bitcoin stored in it.

It seems many people use both of the wallets. As for the Coinbase, they say they have a license (in the U.S.) for their business (actually I didn't quite get what kind of license). Does it add some layer of security for the user on your opinion, or in the bitcoin world such type of licenses don't mean much?
legendary
Activity: 1540
Merit: 1003
October 29, 2016, 08:24:27 AM
So I mostly use paper wallets for storage which is a risk since if I lose the paper then thats it, game over. I been looking for alternatives and a friend told me he simply runs electrum portable from a USB flashdrive only when he needs to send money, then unplugs it meaning that the wallet and the .dat are both offline

Now while is a bit easier to use than a paper wallet the biggest advantage IMHO is that he got a seed so even if he loses the flashdrive he can get his wallet back.

Should I switch to that method? what are the possible vulnerabilities of it?

And before someone mentions "hardware wallet" I live in a country with some heavy import restrictions (on top of fiscal ones) so I rather not order something that could get me questioned by custom officials.

You can use any wallet you like but if you are not "safe" meaning that your are running the wallet in not a safe environment, infected pc or any keylogger or simply you save your private key as a plain text, while copying it you have it in clipboard which some softwares can get this info.

Bitcoin core is safe enough if you know how to use and how to pretend any malware/keylogger accessing sensitive information.

I prefer more hardware wallets which works even in an infected pc and those that have physical buttons to enter the PIN.
full member
Activity: 224
Merit: 100
October 29, 2016, 04:58:13 AM
What about the safest among online wallets? Which one would you prefer if you couldn't use a secure desktop wallet and why?

Well it depends on where you live. Like me I'm living in the Philippines and we mainly uses Coins.ph because we can access its features in our county. But, those people living in States or other parts of the world. You can use Blockchain.io or Coinbase. These two I think are the safest wallet since their level of security is very high. You need code in Phone and email before you can access your wallet so there is no other way thieves can stole your bitcoin. Plus, the fact that many are using this wallet. There is very low risk of that company to scam your bitcoin stored in it.
newbie
Activity: 20
Merit: 0
October 28, 2016, 06:16:02 AM
What about the safest among online wallets? Which one would you prefer if you couldn't use a secure desktop wallet and why?
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
October 21, 2016, 06:03:16 PM
The safest option for you is to buy an used laptop, install any major wallet like Armoury for example and keep the laptop offline at times besides when u re actually making a transactions. An offline wallet is the safest option.

Make sure you reinstall a new OS, a virus killer and antimalware before you install a wallet. Also, do not use this laptop for ANYTHING else besides the wallet. No porn websites, no online movies, etc.



Theres no need to re install new Os, all you need to do is change you antivirus security to eset nod32 and update its database after installation. You must do full scanning in both drives c and d if you have partition drives.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
October 18, 2016, 02:24:30 PM
The safest option for you is to buy an used laptop, install any major wallet like Armoury for example and keep the laptop offline at times besides when u re actually making a transactions. An offline wallet is the safest option.

Make sure you reinstall a new OS, a virus killer and antimalware before you install a wallet. Also, do not use this laptop for ANYTHING else besides the wallet. No porn websites, no online movies, etc.
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