Which Bitcoin wallet is the most secure? - page 3.

voisine

member

Activity: 115

Merit: 19

Quote from: Q7 on October 03, 2014, 10:34:16 AM

Armory is certainly the best when it comes to security. The only thing i don't is that there are too many functions which can get confusing. Good and bad but generally is still the best. Using one right now after completed downloading the whole blockchain

Armory is a great option for people who are security experts and understand how to harden a desktop system against malware. A sandboxed, signed-code-only platform like ios is more secure for non security professionals. It uses the trustedBSD managed access control model for app separation.

Q7

sr. member

Activity: 448

Merit: 250

Armory is certainly the best when it comes to security. The only thing i don't is that there are too many functions which can get confusing. Good and bad but generally is still the best. Using one right now after completed downloading the whole blockchain

voisine

member

Activity: 115

Merit: 19

Quote from: Muhammed Zakir on September 29, 2014, 10:48:26 AM

Quote from: voisine on September 28, 2014, 01:08:37 PM

=snip=

Regarding address import, regular users don't understand Bitcoin addresses anymore than they understand ip addresses. It would be a bad experience if they imported a key without sweeping, then the phone was lost and they restored on a new phone, and some of their money was gone because the imported key didn't get swept into a wallet key that was deterministically tied to their backup phrase. With breadwallet, users don't have to manage their addresses. The wallet does that.

Okay!

So does this mean that the private key will be imported at the same time the BTC will be swept or only BTC will be swept? Huh

Can you implement an option to stop 'Address Rotating'? It would be good too!

~~MZ~~

It only sweeps the balance into your wallet, which is the most intuitive for non-bitcoin experts.

Adding an option to stop the address rotation would compromise privacy, so no. Eventually we want to get to where users never have to see a bitcoin addresses, just like how they now don't typically ever see IP addresses.

Muhammed Zakir

hero member

Activity: 560

Merit: 506

I prefer Zakir over Muhammed when mentioning me!

Quote from: voisine on September 28, 2014, 01:08:37 PM

=snip=

Regarding address import, regular users don't understand Bitcoin addresses anymore than they understand ip addresses. It would be a bad experience if they imported a key without sweeping, then the phone was lost and they restored on a new phone, and some of their money was gone because the imported key didn't get swept into a wallet key that was deterministically tied to their backup phrase. With breadwallet, users don't have to manage their addresses. The wallet does that.

Okay!

So does this mean that the private key will be imported at the same time the BTC will be swept or only BTC will be swept? Huh

Can you implement an option to stop 'Address Rotating'? It would be good too!

~~MZ~~

Billbags

sr. member

Activity: 280

Merit: 250

Brainwashed this way

Quote from: bitcoinsecurityproject on September 16, 2014, 10:36:00 PM

Have you seen Aegis Wallet?

https://play.google.com/store/apps/details?id=com.aegiswallet

It supports encryption via password or NFC tag. Your keys are encrypted at rest and all backups are AES 256 encrypted. It also supports Android Wear.

Let me know if you have any questions.

Please explain the NFC feature of your app. My HTC phone has NFC, Do I need An external NFC tag to use? Do the Bitcoin ATM's use NFC? Is your apps NFC feature only related to password and not making transactions?

voisine

member

Activity: 115

Merit: 19

Quote from: Muhammed Zakir on September 28, 2014, 06:57:52 AM

Thanks! I couldn't find it earlier.

My feedback:
1) It is like hive. The address changes.
2) The private key can't be imported though we can sweep private key sweep. If the private keys can't be imported, why is it showing "import private key"? Huh

3) Security is good.
4) GUI is pretty good!

I doesn't like bread wallet because of the "automatic address create" feature. Anyway it's good. I have another this to ask too, if it is like hive, why is another app needed? Does this offers anything more than hive offers?

~~MZ~~

Bitcoin addresses are intended for single use only. Reusing addresses makes it easy for an attacker to associate your transactions together and learn your identity and entire financial history if any transaction can be tied to you. I'm not aware of any popular wallets that aren't at least working on changing to be "deterministic" with address rotation. This is also required to achieve a passing privacy score on bitcoin.org

Hive for ios is a nice wallet, but it's a "server trusting" wallet, not a bitcoin client like breadwallet.

Regarding address import, regular users don't understand Bitcoin addresses anymore than they understand ip addresses. It would be a bad experience if they imported a key without sweeping, then the phone was lost and they restored on a new phone, and some of their money was gone because the imported key didn't get swept into a wallet key that was deterministically tied to their backup phrase. With breadwallet, users don't have to manage their addresses. The wallet does that.

Muhammed Zakir

hero member

Activity: 560

Merit: 506

I prefer Zakir over Muhammed when mentioning me!

Quote from: voisine on September 27, 2014, 11:37:35 AM

Quote from: Muhammed Zakir on September 27, 2014, 08:57:20 AM

Quote from: voisine on September 27, 2014, 01:00:59 AM

desktop wallets are not secure for non-technical users who don't understand how to secure a desktop system against malware.

I built breadwallet with the primary purpose of making a wallet that's a real bitcoin network client and can be used safely by anyone. iOS is the best protected against malware of the popular computing platforms, and all iOS devices are hardware AES encrypted by default providing strong security against physical theft.

I really like to check it but it isn't available here(in India). Can you do something about it?

~~MZ~~

breadwallet is currently available in the India app store: https://itunes.apple.com/in/app/breadwallet-bitcoin-wallet/id885251393

In fact, India has the most downloads in the "Africa, The Middle East, and India" region according to iTunes download statistics.

Thanks! I couldn't find it earlier.

My feedback:
1) It is like hive. The address changes.
2) The private key can't be imported though we can sweep private key sweep. If the private keys can't be imported, why is it showing "import private key"? Huh

3) Security is good.
4) GUI is pretty good!

I doesn't like bread wallet because of the "automatic address create" feature. Anyway it's good. I have another this to ask too, if it is like hive, why is another app needed? Does this offers anything more than hive offers?

~~MZ~~

voisine

member

Activity: 115

Merit: 19

Quote from: Muhammed Zakir on September 27, 2014, 08:57:20 AM

Quote from: voisine on September 27, 2014, 01:00:59 AM

desktop wallets are not secure for non-technical users who don't understand how to secure a desktop system against malware.

I built breadwallet with the primary purpose of making a wallet that's a real bitcoin network client and can be used safely by anyone. iOS is the best protected against malware of the popular computing platforms, and all iOS devices are hardware AES encrypted by default providing strong security against physical theft.

I really like to check it but it isn't available here(in India). Can you do something about it?

~~MZ~~

breadwallet is currently available in the India app store: https://itunes.apple.com/in/app/breadwallet-bitcoin-wallet/id885251393

In fact, India has the most downloads in the "Africa, The Middle East, and India" region according to iTunes download statistics.

Muhammed Zakir

hero member

Activity: 560

Merit: 506

I prefer Zakir over Muhammed when mentioning me!

Quote from: voisine on September 27, 2014, 01:00:59 AM

desktop wallets are not secure for non-technical users who don't understand how to secure a desktop system against malware.

I built breadwallet with the primary purpose of making a wallet that's a real bitcoin network client and can be used safely by anyone. iOS is the best protected against malware of the popular computing platforms, and all iOS devices are hardware AES encrypted by default providing strong security against physical theft.

I really like to check it but it isn't available here(in India). Can you do something about it?

~~MZ~~

voisine

member

Activity: 115

Merit: 19

desktop wallets are not secure for non-technical users who don't understand how to secure a desktop system against malware.

I built breadwallet with the primary purpose of making a wallet that's a real bitcoin network client and can be used safely by anyone. iOS is the best protected against malware of the popular computing platforms, and all iOS devices are hardware AES encrypted by default providing strong security against physical theft.

bitcoinsecurityproject

newbie

Activity: 22

Merit: 4

Have you seen Aegis Wallet?

https://play.google.com/store/apps/details?id=com.aegiswallet

It supports encryption via password or NFC tag. Your keys are encrypted at rest and all backups are AES 256 encrypted. It also supports Android Wear.

Let me know if you have any questions.

Muhammed Zakir

hero member

Activity: 560

Merit: 506

I prefer Zakir over Muhammed when mentioning me!

Quote from: blg425 on September 13, 2014, 06:46:49 PM

Quote from: Muhammed Zakir on September 13, 2014, 06:27:33 PM

The problem of Trezor is that it isn't affordable by all because of the price. Now btcchip is available. It is still in Beta stage but like it is convenient and cheap. Green Address supports it and Electrum is going to support it in next update.

~~MZ~~

That btcchip USB Smart Card seems nice. I might buy one of these and use Green Address. Is there any worry about green address since they control it. What if their site/server goes down or gets hacked? Armory seems the safest, I am just too lazy to download the full node. Tongue

Why don't use wallet made by them rather than Green Address? OR just buy it now and use the wallet they made and wait till Electrum update comes. Then you can use Electrum.

~~MZ~~

blg425

full member

Activity: 168

Merit: 100

Quote from: Muhammed Zakir on September 13, 2014, 06:27:33 PM

The problem of Trezor is that it isn't affordable by all because of the price. Now btcchip is available. It is still in Beta stage but like it is convenient and cheap. Green Address supports it and Electrum is going to support it in next update.

~~MZ~~

That btcchip USB Smart Card seems nice. I might buy one of these and use Green Address. Is there any worry about green address since they control it. What if their site/server goes down or gets hacked? Armory seems the safest, I am just too lazy to download the full node. Tongue

Muhammed Zakir

hero member

Activity: 560

Merit: 506

I prefer Zakir over Muhammed when mentioning me!

Quote from: bigasic on September 13, 2014, 06:21:24 PM

Armory is safe and also Trezor.. Armory is free and has many cool features. Trezor is easy and secure..

The problem of Trezor is that it isn't affordable by all because of the price. Now btcchip is available. It is still in Beta stage but like it is convenient and cheap. Green Address supports it and Electrum is going to support it in next update.

~~MZ~~

bigasic

hero member

Activity: 924

Merit: 1000

Armory is safe and also Trezor.. Armory is free and has many cool features. Trezor is easy and secure..

Muhammed Zakir

hero member

Activity: 560

Merit: 506

I prefer Zakir over Muhammed when mentioning me!

Armory is most secure wallet. It is entirely based on security unlike other wallets. Green Address is okay but I don't know whether it is much secure. Just my opinion.

~~MZ~~

blg425

full member

Activity: 168

Merit: 100

I am looking for a Bitcoin wallet that is the most secure. Is Armory the most secure? Would anyone recommend Green Address? I like the Green Address UI, mobile app and 2FA. Share your thoughts.

Topic: Which Bitcoin wallet is the most secure? - page 3. (Read 11988 times)