Top Bitcoin Wallets ? - page 2. | Bitcointalksearch.org

salad daging

hero member

Activity: 1624

Merit: 791

Bitcoin To The Moon 📈📈📈

Quote from: Z-tight on July 21, 2023, 04:22:26 AM

There is no way of storing your BTC that is 100% safe, but by reducing the possible ways that an attacker can possibly attack you, you're making your funds very safe. A hardware wallet isn't 100% safe if you don't write your recovery phrase and keep it safe, Electrum wallet is also not 100% safe if it is an online wallet.

It is the responsibility of the wallet owner, if they store the seed phrase well or with recovery phrase safely, so the hardware is the solution is not vulnerable from hacker attacks, while for Electrum there are still many cases where they lose their bitcoins as in the forum some cases before.

Quote from: Litzki1990 on July 21, 2023, 08:43:53 AM

MyEthereum Wallet will come first.

MyEthereum wallet is for Ethereum not for bitcoin.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

Quote from: Negotiation on July 21, 2023, 08:15:03 AM

In my opinion, hardware wallets are a form of offline storage. A hardware wallet is a cryptocurrency wallet that stores the user's private key on a secure hardware device used to authorize transactions on the blockchain network. Hardware wallets are used to store private keys, making it difficult for hackers to access the keys from an online location. Also it is like any other software or wallet that you use for your day to day transactions. Extremely safe it's just a matter of securing your private key. It is the safest way to trade digital assets to keep custody of tokens at all times.

I used to think like you but with the problems surrounding Ledger, I think we are misinterpreting hardware wallets, and it is not as secure as we think. Another thing is that the companies that make hardware wallets are centralized companies that are regulated by the government, so we don't know what they will do with those wallets before reaching consumers. Currently, hardware wallets are still considered as the safest solution for us but I don't think we should put all our bitcoins in there. I've gone back to using Electrum more instead of trusting hardware wallets.

Litzki1990

sr. member

Activity: 1386

Merit: 406

Hardware wallets are the most secure wallets because money is kept safe in these wallets. If more secure wallets are considered outside of hardware wallets, the names of several wallets such as Electrum Wallet, Mycelium Wallet, MyEthereum Wallet will come first.

If using hardware wallet is not possible then you can use all these desktop wallets or mobile wallets as these wallets are more secure than other crypto wallets. If you keep your btc in these wallets your btc will be safe in this wallet compared to other wallets.

No matter how much money we deposit or how much money we earn if our wallet is not secure then our income or deposit is worthless so it is very important to choose a good quality wallet.

Marykeller

hero member

Activity: 1064

Merit: 501

Quote from: ChiBitCTy on July 20, 2023, 05:31:41 PM

Coinomi is probably my favorite. Ballet is also a solid wallet (it's both a hardware/hotwallet blend sort of). Electrum of course.

Even though Coinomi is a wonderful wallet, I wouldn't suggest a newbie to use it because of how complicated it seems to be. This is because even when you import your private keys into it, it produces its own form of bitcoin and ethereum addresses for you. Electrum will continue to be the best wallet, due to its security and user-friendliness it is.

Negotiation

sr. member

Activity: 1204

Merit: 270

Hire Bitcointalk Camp. Manager @ r7promotions.com

In my opinion, hardware wallets are a form of offline storage. A hardware wallet is a cryptocurrency wallet that stores the user's private key on a secure hardware device used to authorize transactions on the blockchain network. Hardware wallets are used to store private keys, making it difficult for hackers to access the keys from an online location. Also it is like any other software or wallet that you use for your day to day transactions. Extremely safe it's just a matter of securing your private key. It is the safest way to trade digital assets to keep custody of tokens at all times.

ajiz138

hero member

Activity: 1498

Merit: 785

Quote from: Z-tight on July 21, 2023, 04:22:26 AM

Quote from: ajiz138 on July 21, 2023, 03:35:12 AM

My mobile version uses Trust Wallet

Trust wallet is closed source: https://trustwallet.medium.com/why-open-sourcing-android-app-could-be-a-harm-to-the-crypto-community-fb3ae1707dc6 and they are also owned by Binance, so i don't trust them.

True, Trust Wallet is a closed source, it doesn't store bitcoins there, just some altcoins for deposits to gambling sites and other purposes.
Nothing more than that, all trust in Electrum and hardware.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

Quote from: Bitcoiner2023 on July 21, 2023, 06:31:38 AM

i though walletscrutiny.com/ would list only good HWW.

Wallet scrutiny are pretty clear about what they do and what they don't do here: https://walletscrutiny.com/methodology/

They are looking only at whether a wallet can be reliably built from the code provided. They make no statements as to the security or otherwise of each wallet.

If you are looking for a good bitcoin hardware wallet, I would suggest Passport.

bitzizzix

sr. member

Activity: 2366

Merit: 448

Enjoy 500% bonus + 70 FS

It's important to do some research first although many people think it's the best, and you should choose a wallet that fits or can meet your specific needs and preferences.
and there are several types of bitcoin wallets, including desktop wallets, mobile wallets, web wallets and hardware wallets but each type of wallet has its own advantages and disadvantages.
and in my opinion the best wallet for desktop and i still use it faithfully is electrum and its advantages as they say.

Bitcoiner2023

member

Activity: 106

Merit: 49

Quote from: o_e_l_e_o on July 21, 2023, 05:59:24 AM

Quote from: Tony116 on July 21, 2023, 04:03:55 AM

After the issue with Ledger, people also stopped trusting hardware wallets and switched to using Trezor as an alternative.

Given that Trezor now support blockchain analysis by their partnership with Wasabi, they are a very poor choice of hardware wallet. Add in their support of AOPP last year, and they have a very anti-privacy ethos, which is not what you want from a hardware wallet manufacturer.

Quote from: Bitcoiner2023 on July 21, 2023, 05:08:08 AM

Coldcard is open source again, the binary data matched.

No, it is source verifiable, not open source. There is a difference, as explained by the link I provided.

How i can find the right HWW ?
i though walletscrutiny.com/ would list only good HWW.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

Quote from: Tony116 on July 21, 2023, 04:03:55 AM

After the issue with Ledger, people also stopped trusting hardware wallets and switched to using Trezor as an alternative.

Given that Trezor now support blockchain analysis by their partnership with Wasabi, they are a very poor choice of hardware wallet. Add in their support of AOPP last year, and they have a very anti-privacy ethos, which is not what you want from a hardware wallet manufacturer.

Quote from: Bitcoiner2023 on July 21, 2023, 05:08:08 AM

Coldcard is open source again, the binary data matched.

No, it is source verifiable, not open source. There is a difference, as explained by the link I provided.

Mate2237

hero member

Activity: 700

Merit: 577

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Charles-Tim on July 21, 2023, 05:28:45 AM

Quote from: Mate2237 on July 21, 2023, 05:22:34 AM

I was trying to download Electrum Wallet on PC but it was not successful

Which desktop OS are you using? And what version? What is the error displayed?

Electrum also run on desktop smoothly, just as light as it is on mobile. But desktop Electrum is far better than mobile Electrum as it allows you to use coin control, encrypted/decrypt a message, sign/verify bitcoin address, the use of console for addictional features and you can customize transaction fee.

Sparrow is a very good desktop wallet. Among desktop bitcoin wallet, I prefer Electrum and Sparrow.

I am using Windows X. It was installed but refused to open for me to use it. So I also just leave it since it was not opening. But for now my PC has fault, I change the OS to windows 10 and reinstall it again to see if it will work as you said. With the bold part of your text which I did, I will like to test the desktop version of the Electrum.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

Quote from: Mate2237 on July 21, 2023, 05:22:34 AM

I was trying to download Electrum Wallet on PC but it was not successful

Which desktop OS are you using? And what version? What is the error displayed?

Electrum also run on desktop smoothly, just as light as it is on mobile. But desktop Electrum is far better than mobile Electrum as it allows you to use coin control, encrypted/decrypt a message, sign/verify bitcoin address, the use of console for addictional features and you can customize transaction fee.

Sparrow is a very good desktop wallet. Among desktop bitcoin wallet, I prefer Electrum and Sparrow.

Mate2237

hero member

Activity: 700

Merit: 577

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Charles-Tim on July 20, 2023, 02:21:55 PM

Full client: Bitcoin Core
Hardware wallet: Passport
Desktop: Electrum and Sparrow
Mobile: Electrum and Bluewallet
On airgapped device: Electrum

Among all I still choose Android Electrum Wallet, I was trying to download Electrum Wallet on PC but it was not successful but the mobile version is always running smoothly with any problem. And I cannot speak for others because I have not used them so no idea on them except Electrum Wallet. And also base on recommendation from others in the wallet board, I would choose passport and Sparrow wallet.

Bitcoiner2023

member

Activity: 106

Merit: 49

Quote from: o_e_l_e_o on July 21, 2023, 03:35:41 AM

Quote from: Bitcoiner2023 on July 20, 2023, 02:32:36 PM

And why Passport and not Coldcard ?

Coldcard is no longer open source - https://nitter.net/sethforprivacy/status/1651039483419058177#m

Quote from: ChiBitCTy on July 20, 2023, 05:31:41 PM

Coinomi is probably my favorite.

Closed source, and were discovered to be sending seed phrases in plain text across the internet. Not a good choice I'm afraid.

Quote from: FinneysTrueVision on July 21, 2023, 01:08:40 AM

Metamask does not support native Bitcoin.

Not to mention that its a freaking browser extension! I have absolutely no idea why it is so popular; I can't think of a less secure way to store your coins than in a browser extension of all places.

https://walletscrutiny.com/hardware/coldcardMk4/

Coldcard is open source again, the binary data matched.

The test was done 4 weeks ago

Z-tight

hero member

Activity: 994

Merit: 1089

Quote from: Bitcoiner2023 on July 20, 2023, 02:18:25 PM

Which hot wallets are top in your opinion?

Take note, hot wallets are very prone to attacks, so the funds you want to keep in a hot wallet should at least be < or = $100, or whatever amount it is that is small to you.

Quote from: ajiz138 on July 21, 2023, 03:35:12 AM

My mobile version uses Trust Wallet

Trust wallet is closed source: https://trustwallet.medium.com/why-open-sourcing-android-app-could-be-a-harm-to-the-crypto-community-fb3ae1707dc6 and they are also owned by Binance, so i don't trust them.

Quote from: gunhell16 on July 21, 2023, 03:28:54 AM

in fact, I also want to try the sparrow., But if there is a hardware wallet to buy, of course it is better to buy it so that our assets are 100% safe. Although electrum is also 100% safe as long as you save the private key, or seed phrase of the address you will use.

There is no way of storing your BTC that is 100% safe, but by reducing the possible ways that an attacker can possibly attack you, you're making your funds very safe. A hardware wallet isn't 100% safe if you don't write your recovery phrase and keep it safe, Electrum wallet is also not 100% safe if it is an online wallet.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Tony116 on July 21, 2023, 04:03:55 AM

I switched to an old laptop running Linux and integrated Electrum to store my bitcoins. Of course, it's always offline and just for storage, I find it more secure than hardware wallets.

Regarding the best hot wallet, I only trust Electrum.

Air gapped devices are better than wallets that are stored in a device which we connect with internet more often but it doesn't rule of the risks completely cause even are airgapped devices are offline most of the time, they can still be vulnerable when connected to the internet for updates or other purposes. Or the device itself can get corrupted which is very common with ageing of any electronics such as SSD, HDD then the recovery of the wallets will become impossible unless the keys are stored in different place.

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

Quote from: o_e_l_e_o on July 21, 2023, 03:35:41 AM

Quote from: FinneysTrueVision on July 21, 2023, 01:08:40 AM

Metamask does not support native Bitcoin.

Not to mention that its a freaking browser extension! I have absolutely no idea why it is so popular; I can't think of a less secure way to store your coins than in a browser extension of all places.

Because it is one of the first altcoins wallets. It is supporting many coins and their tokens. I do not know if it is open source or close source, but it has Android and iOS apps. For not having computer apps for Linux, Windows and MaxOS, I will put it into the category of wallet extension too.

I made a withdraw on Binance some weeks ago. The coin was TUSD on Binance Smart Chain. BSC developere did something that time which makes the coin not to show on Unstoppable wallet. I was thinking it was unstoppable wallet that might caused it before. I created Trustwallet to check and I sent $5 worth of TUSD on BSC to an address on Trustwallet that I created. I did not see the coin and I created this topic:

Solved. I can now transfer the coin.

I used Metamask to solve the problem.

I used passphrase on Unstoppable wallet because I am afraid to backup my seed phrase without having passphrase. Iancoleman that I opened on text editor on an offline device and Matamask wallet saved me. If the wallet is open source and have computer apps instead of the browser extension, the wallet would be one of the best altcoins wallets. I used the mobile app when there is no computer app.

Tony116

legendary

Activity: 2338

Merit: 1023

DGbet.fun - Crypto Sportsbook

Quote from: Plaguedeath on July 21, 2023, 12:22:39 AM

Quote from: fuguebtc on July 20, 2023, 10:38:30 PM

But it's a bit of a pity that it still doesn't have an iPhone version, and since I switched to iPhone, I can only use my Electrum on my laptop.

Either way, you should still consider owning a hardware wallet as it is still the safest option.

You can use blue wallet if you're looking a non custodial and open source wallet as good as electrum, it already support for iOS.

I think some people already skeptic about hardware wallet due to ledger had announced they will share encrypted private key to third party, the best choice is you need to set up your own cold storage.

So the best to worst wallet is:
1. Own created cold storage
2. Hardware wallet from centralized company
3. Mobile non custodial wallet
4. Custodial wallet

After the issue with Ledger, people also stopped trusting hardware wallets and switched to using Trezor as an alternative. Although Trezor is superior to Ledger because it is open source but as you said, all of them are produced from centralized companies so it is difficult to trust them again.

I switched to an old laptop running Linux and integrated Electrum to store my bitcoins. Of course, it's always offline and just for storage, I find it more secure than hardware wallets.

Regarding the best hot wallet, I only trust Electrum.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: Bitcoiner2023 on July 20, 2023, 02:18:25 PM

Good evening,
Which hot wallets are top in your opinion?

I would go with Electrum because I have found it as the best wallet to store your Bitcoin. If your main intention to hold your Bitcoin for a longer period then I would recommend you to make your Electrum wallet as a cold wallet instead of a hot wallet. I must tell you that hot wallets aren't safe for huge amount of money, and for that purpose a cold wallet is highly preferred option.

If you still want to store your coins in a hot wallet then go for Electrum as that one is the securest and highly trusted wallet for Bitcoin. The Electrum is open-source and that's why the chance for having a vulnerability is quite low with this wallet. If you want to go with a closed source wallet then the best options are either MetaMask wallet or Trust wallet as both of them are known for their wide acceptability.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

Quote from: Bitcoiner2023 on July 20, 2023, 02:32:36 PM

And why Passport and not Coldcard ?

Coldcard is no longer open source - https://nitter.net/sethforprivacy/status/1651039483419058177#m

Quote from: ChiBitCTy on July 20, 2023, 05:31:41 PM

Coinomi is probably my favorite.

Closed source, and were discovered to be sending seed phrases in plain text across the internet. Not a good choice I'm afraid.

Quote from: FinneysTrueVision on July 21, 2023, 01:08:40 AM

Metamask does not support native Bitcoin.

Not to mention that its a freaking browser extension! I have absolutely no idea why it is so popular; I can't think of a less secure way to store your coins than in a browser extension of all places.

Topic: Top Bitcoin Wallets ? - page 2. (Read 658 times)