What wallet should i use? - page 3. | Bitcointalksearch.org

mrbrt

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Quote from: spazzdla on August 04, 2015, 03:27:49 PM

I do use the character input as well.

Why not use diceware or similar to generate a sufficiently long passphrase and then use the "brain wallet" section of bitaddress to generate a private key? If you don't want to try and remember the passphrase used to generate the address print out the public and private address like you would with any other cold wallet.

spazzdla

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Quote from: iram91445 on August 04, 2015, 03:27:24 PM

wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?

You can download that webpage as a file and run that file on an offline computer with internet explorer. You don't need to be connected to the web to use IE.

YES you could, download bitaddress.org, disconect your computer, create it and it's... offline until you reconnect your computer to the web..... It's only semi cold using this method. As I said if your comp has malaware it's just going to record your keystrokes and forward it to the hacker when you reconnect.

HOWEVER this method will stop people that are connect to your comp watching it or just sending live key strokes.

Semi cold is way better than hot.

gentlemand

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Quote from: iram91445 on August 04, 2015, 03:27:24 PM

wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?

Correct. Download the webpage and disconnect. But be mindful of the entropy thing.

spazzdla

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I do use the character input as well.

iram91445

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wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?

mrbrt

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Quote from: spazzdla on August 04, 2015, 03:22:05 PM

Quote from: mrbrt on August 04, 2015, 03:17:50 PM

Quote from: spazzdla on August 04, 2015, 03:14:08 PM

Quote from: iram91445 on August 04, 2015, 02:46:57 PM

Quote from: coinpr0n on August 04, 2015, 02:36:45 PM

Quote from: iram91445 on August 04, 2015, 02:30:16 PM

So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?

I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).

i checked out armory software though it says that i should store the cold wallet on a computer without internet access and i have only one pc... paper wallets are not ok for me as i can easily loose it and hardware wallets need buying stuff. also any ideas about multibit? is it also a hot wallet?

Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.

Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.

HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.

You've neglected to mention that you need to use an adequate amount of entropy when generating addresses, else the fact that your wallet is encrypted doesn't do you any good.

Very true, don't enter 1 a bunch of times lol, the random mouse movements should be pretty darn random lol.

There is no evidence supporting the random mouse movements as providing an "adequate" amount of additional entropy.

spazzdla

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Quote from: mrbrt on August 04, 2015, 03:17:50 PM

Quote from: spazzdla on August 04, 2015, 03:14:08 PM

Quote from: iram91445 on August 04, 2015, 02:46:57 PM

Quote from: coinpr0n on August 04, 2015, 02:36:45 PM

Quote from: iram91445 on August 04, 2015, 02:30:16 PM

So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?

I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).

i checked out armory software though it says that i should store the cold wallet on a computer without internet access and i have only one pc... paper wallets are not ok for me as i can easily loose it and hardware wallets need buying stuff. also any ideas about multibit? is it also a hot wallet?

Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.

Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.

HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.

You've neglected to mention that you need to use an adequate amount of entropy when generating addresses, else the fact that your wallet is encrypted doesn't do you any good.

Very true, don't enter 1 a bunch of times lol, the random mouse movements should be pretty darn random lol.

mrbrt

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Quote from: spazzdla on August 04, 2015, 03:14:08 PM

Quote from: iram91445 on August 04, 2015, 02:46:57 PM

Quote from: coinpr0n on August 04, 2015, 02:36:45 PM

Quote from: iram91445 on August 04, 2015, 02:30:16 PM

So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?

I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).

i checked out armory software though it says that i should store the cold wallet on a computer without internet access and i have only one pc... paper wallets are not ok for me as i can easily loose it and hardware wallets need buying stuff. also any ideas about multibit? is it also a hot wallet?

Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.

Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.

HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.

You've neglected to mention that you need to use an adequate amount of entropy when generating addresses, else the fact that your wallet is encrypted doesn't do you any good.

spazzdla

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Quote from: iram91445 on August 04, 2015, 02:46:57 PM

Quote from: coinpr0n on August 04, 2015, 02:36:45 PM

Quote from: iram91445 on August 04, 2015, 02:30:16 PM

So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?

I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).

i checked out armory software though it says that i should store the cold wallet on a computer without internet access and i have only one pc... paper wallets are not ok for me as i can easily loose it and hardware wallets need buying stuff. also any ideas about multibit? is it also a hot wallet?

Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.

Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.

HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.

spazzdla

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Quote from: teddy5145 on August 04, 2015, 03:07:15 PM

If you really want to safe wallet, you need to use paper wallets or hardware one
If you afraid to accidentally lose your paper wallet, put it in safe place that you won't lose it (safes or maybe your own wallet)
Or spend some money to get the hardware one Wink

Good luck keeping your btc safe

You can use Bitcoin QT, it just needs to be done on an offline harddrive.... so does creating paper wallets...

If you run bitaddress.org on your home computer connected to the web, accept some one else knows your private keys even if it's encrypted. Even if you download the webpage, disconnect the computer, run it and reconnect it, I'd still consider them gone. THe maleware will just forward it after you reconnect.

spazzdla

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If you create the wallet on a harddrive that is connected to the internet it is a "hot" wallet. If the harddrive was disconnected from the web and is reconnect it is a "hot" wallet.

IF the harddrive you create the wallet on has never touched the web and WILL NEVER touch the web it is a "cold" wallet.

A "wallet" is really only a string of 52 characters. The idea is to create those characters on a computer that is completely offline and always will be, encrypt those characters and then you can save them all over without fear, if your encyrption is up to par.

arloseb

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I usually use multibit since 1 year without major issue.

gentlemand

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Quote from: jbrnt on August 04, 2015, 03:02:25 PM

For hot and mobile wallet, look into Coinbase. It's wallets are insured against theft and hacking:

They're only insured against hacks at their end. Still great for customers but that's a significant detail. Losing coins through their customers ballsing up is not their lookout.

teddy5145

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If you really want to safe wallet, you need to use paper wallets or hardware one
If you afraid to accidentally lose your paper wallet, put it in safe place that you won't lose it (safes or maybe your own wallet)
Or spend some money to get the hardware one Wink

Good luck keeping your btc safe

jbrnt

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Quote from: iram91445 on August 04, 2015, 02:51:42 PM

also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?

If you are unsure on viruses and malware, scan you computer for viruses and malware before you buy any bitcoin. PC security is so important for bitcoin. For hot and mobile wallet, look into Coinbase. It's wallets are insured against theft and hacking:
https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-

For larger amounts, try Electrum and/or paper wallets. Electrum has a neat 13 word seed wallet recovery system.

dothebeats

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Quote from: iram91445 on August 04, 2015, 02:57:03 PM

Quote from: dothebeats on August 04, 2015, 02:55:52 PM

Quote from: iram91445 on August 04, 2015, 02:30:16 PM

So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?

Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?

Personally I would use Electrum. Been using it for almost a year now and so far I haven't encountered any bugs, not to mention it is very newbie-friendly (at least for me.)

Btw, what kind of "emergency" are we talking about here?

i was talking about hard drive crash, reinstall of windows, viruses and stuff like that

Store multiple copies of wallet.dat and private keys on a machine or a flash drive that isn't connected to the internet. That's my solution to your problem.

Mickeyb

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Quote from: iram91445 on August 04, 2015, 02:30:16 PM

So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?

Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?

There are tons of wallets out there. You need to do your research about them and figure out all of the features and what do you need from a wallet. All are pretty good except online wallets.

One thing is sure, make sure or at least give your best that your wallet is virus free, because if you have viruses on your machine, every single wallet can be unsecure if you are hit with the right virus. Only a hardware wallet like Trezor might save you if your computer is infected.

iram91445

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Quote from: dothebeats on August 04, 2015, 02:55:52 PM

Quote from: iram91445 on August 04, 2015, 02:30:16 PM

So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?

Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?

Personally I would use Electrum. Been using it for almost a year now and so far I haven't encountered any bugs, not to mention it is very newbie-friendly (at least for me.)

Btw, what kind of "emergency" are we talking about here?

i was talking about hard drive crash, reinstall of windows, viruses and stuff like that

Madness

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Quote from: iram91445 on August 04, 2015, 02:55:00 PM

Quote from: gentlemand on August 04, 2015, 02:53:33 PM

Quote from: iram91445 on August 04, 2015, 02:51:42 PM

also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?

Then blockchain.info won't be much or any more secure than those options if you access it with your computer.

so as far as i understood i should use electrum yes?

You should make sure that your PC is clean then install Electrum yes , because if the hacker have advanced Keylogger in your PC he could get your seed and you get hacked .

gentlemand

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Quote from: iram91445 on August 04, 2015, 02:55:00 PM

Quote from: gentlemand on August 04, 2015, 02:53:33 PM

Quote from: iram91445 on August 04, 2015, 02:51:42 PM

also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?

Then blockchain.info won't be much or any more secure than those options if you access it with your computer.

so as far as i understood i should use electrum yes?

Not unless you keep your computer completely and permanently disconnected from the internet if you're not sure it's secure.

Topic: What wallet should i use? - page 3. (Read 2422 times)