Which bitcoin wallet is the safest and the most convenient?

Supercrypt

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Quote from: coinplus on September 18, 2015, 01:20:53 AM

Safest bitcoin wallets : If you can have your private keys, then they are basically safer to use. The safty of a wallet is based on your encryption password only.
Convenient wallets : Bitcoin core, Electrum and Multibit from my experience.

I agree with you.
Safety of a wallet is not in it's coding. It's depends on the security password we are using. The higher encryption the safet is more stronger.
Easy navigation and pleasant looks are making convenient wallets.

mark coins

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Quote from: Sir_lagsalot on October 16, 2015, 11:37:23 PM

Quote from: Tom Walton on August 15, 2015, 07:05:22 AM

Hi all. I'm a novice on this forum. I want to know which Bitcoin wallet is the safest and the most convenient at the same time?
I've heard good feedbacks about Armory but as I understood it works only with Bitcoin-Qt. But Bitcoin-Qt weighs more than 30GB... Is it worth of this? Huh

Perhaps someone can share better variants and explain why - I would be very grateful for recommendations.

Coinbase would be the most convenient, as they pay your transaction fee.

i agree about that, however storing your bitcoins in an exchange site isnt safe as you dont have the full control over your private key. we dont know but any exchange site can say they are hacked and their users can doing nothing if that happens

Mickeyb

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Move On !!!!!!

Quote from: Amph on October 17, 2015, 02:14:35 AM

Quote from: TTMNewsMJ on October 16, 2015, 07:56:23 AM

Blockchain.info
This is one of the most safest wallet.

why you're keep repeating this, online wallet are not the safest at all, and in the past blockchain.info was discovered with many holes in security

are you trying to scam people in soem way or what?

Yes mate, I second this! Online wallets altogether and especially blockchain.info wallet which is by far the worst and the buggiest out there shouldn't be used or should be used for extremely small amounts that you can afford to lose.

When you are using online wallets you are not in a sole control of you money and you are pretty much trusting third party to save your money. Keep this in mind, everybody that are using online wallets!

Amph

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Quote from: TTMNewsMJ on October 16, 2015, 07:56:23 AM

Blockchain.info
This is one of the most safest wallet.

why you're keep repeating this, online wallet are not the safest at all, and in the past blockchain.info was discovered with many holes in security

are you trying to scam people in some way or what?

tn211

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I'm was using blockchain.info and they were my favorite before but they had a downtime of around 1 day and I had my bitcoins locked in there, after that I started using electrum and it's working so far, not sure if it's the safest method to store bitcoins though.

Sir_lagsalot

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Quote from: Tom Walton on August 15, 2015, 07:05:22 AM

Hi all. I'm a novice on this forum. I want to know which Bitcoin wallet is the safest and the most convenient at the same time?
I've heard good feedbacks about Armory but as I understood it works only with Bitcoin-Qt. But Bitcoin-Qt weighs more than 30GB... Is it worth of this? Huh

Perhaps someone can share better variants and explain why - I would be very grateful for recommendations.

Coinbase would be the most convenient, as they pay your transaction fee. They also dont require you to log in all the time. I 2FA'd my transations, though.

I'd say a cold wallet would be the safest, as it is the most secure, besides a paper wallet. You cant really access a paper wallet easily, though...

TTMNewsMJ

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Blockchain.info
This is one of the most safest wallet.

coinplus

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Safest bitcoin wallets : If you can have your private keys, then they are basically safer to use. The safty of a wallet is based on your encryption password only.
Convenient wallets : Bitcoin core, Electrum and Multibit from my experience.

vendetahome

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armory is one of the best though its also save to create an offline paper wallet and keep save copies of it in your safe or something like that

tspacepilot

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I may write code in exchange for bitcoins.

Quote from: pooya87 on September 10, 2015, 01:37:26 AM

are you sure about this?

i didn't know about this feature prior to your post, so i searched and read this https://bitcoin.org/en/release/v0.11.0#block-file-pruning

reading this part

Code:

Block pruning is currently incompatible with running a wallet due to the fact that block data is used for rescanning the wallet and importing keys or addresses (which require a rescan.)
However, running the wallet with block pruning will be supported in the near future, subject to those limitations.

i wonder , does this mean that it can not be used by people who want to use core as a wallet?

Whoops! Looks like you're right and those who want to run core as a wallet won't be able to do pruning mode for now. In any case, I guess it's already clear that core isn't the most convenient (it might be the mose useful, though).

Quote from: Amph on September 10, 2015, 02:10:01 AM

with any smartphone it's better to recommend the bitcoin client, which is something akin to core, for androind, it offer the best protectio for mobile

I think Amph is talking about Andreas Schildbach's Bitcoin Walet for Android.

Amph

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Quote from: Chabacano on September 09, 2015, 03:21:03 PM

Quote from: Tom Walton on August 15, 2015, 07:05:22 AM

Hi all. I'm a novice on this forum. I want to know which Bitcoin wallet is the safest and the most convenient at the same time?
I've heard good feedbacks about Armory but as I understood it works only with Bitcoin-Qt. But Bitcoin-Qt weighs more than 30GB... Is it worth of this? Huh

Perhaps someone can share better variants and explain why - I would be very grateful for recommendations.

I will recommend you MultiBit and Blockchain BitcoinWallet(Android Application). I use both because you can download your wallet at your cellphone. I like to have the control of my money without a pc.

with any smartphone it's better to recommend the bitcoin client, which is something akin to core, for androind, it offer the best protection for mobile

surely i won't bother with anything online, local stuff are simply more secure

pooya87

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Quote from: tspacepilot on September 09, 2015, 10:49:25 AM

To you guys who are saying that core is very heavy with storage space, I believe the new version 0.11 now supports pruning mode, so the storage space shouldn't be as much of an issue as it used to be.

are you sure about this?

i didn't know about this feature prior to your post, so i searched and read this https://bitcoin.org/en/release/v0.11.0#block-file-pruning

reading this part

Code:

Block pruning is currently incompatible with running a wallet due to the fact that block data is used for rescanning the wallet and importing keys or addresses (which require a rescan.)
However, running the wallet with block pruning will be supported in the near future, subject to those limitations.

i wonder , does this mean that it can not be used by people who want to use core as a wallet?

tspacepilot

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Quote from: Chabacano on September 09, 2015, 03:21:03 PM

I will recommend you MultiBit and Blockchain BitcoinWallet(Android Application). I use both because you can download your wallet at your cellphone. I like to have the control of my money without a pc.

You know about the issues that blockchain.info android wallet had with using random.org for it's seed and basically giving the same address to everyone: http://arstechnica.com/security/2015/05/crypto-flaws-in-blockchain-android-app-sent-bitcoins-to-the-wrong-address/ (other discussions of this can be found on this very forum). I don't know if I'd recommend and app with a reputation like that.

Chabacano

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Quote from: Tom Walton on August 15, 2015, 07:05:22 AM

Hi all. I'm a novice on this forum. I want to know which Bitcoin wallet is the safest and the most convenient at the same time?
I've heard good feedbacks about Armory but as I understood it works only with Bitcoin-Qt. But Bitcoin-Qt weighs more than 30GB... Is it worth of this? Huh

Perhaps someone can share better variants and explain why - I would be very grateful for recommendations.

I will recommend you MultiBit and Blockchain BitcoinWallet(Android Application). I use both because you can download your wallet at your cellphone. I like to have the control of my money without a pc.

TheLunacy

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Interesting reading for a newbie. Hope to learn more from you guys.

tspacepilot

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I may write code in exchange for bitcoins.

To you guys who are saying that core is very heavy with storage space, I believe the new version 0.11 now supports pruning mode, so the storage space shouldn't be as much of an issue as it used to be.

Pursuer

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Where is my ring of blades...

i have been using blockchain.info for a couple of months now and I like it. it was secure so far and I don't keep a lot there so I am not worried .

RealBitcoin

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Quote from: RealBitcoin on September 09, 2015, 10:21:28 AM

Quote from: Herbert2020 on September 09, 2015, 09:59:14 AM

Quote from: yummyransom on September 09, 2015, 05:12:26 AM

If you want a fast and simple bitcoin wallet then I recommend you the multibit.

you should try Electrum , then you will never go back to multibit again

they have somewhat the same functionality, but after trying out both of them i prefer Electrum much more.

I am using Electrum partially, but I really need to see more updates and features before I start using it fully.

I just dont like that it uses so little entropy, I like my money very secure Sad

Just use bitcoin core, even though it's very heavy wallet & need sync with blockchain, your bitcoin will be more secure than use other wallets.

I dont like the core, i would use electrum, but I want to see more audits happening to the code.

And all major , critical bugs fixed, especially the random number generator audited . I dont want my k variable exposed when i send out coins.

trinaldao

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Post your ann & bounty just contact me

Quote from: Tom Walton on August 15, 2015, 07:05:22 AM

Hi all. I'm a novice on this forum. I want to know which Bitcoin wallet is the safest and the most convenient at the same time?
I've heard good feedbacks about Armory but as I understood it works only with Bitcoin-Qt. But Bitcoin-Qt weighs more than 30GB... Is it worth of this? Huh

Perhaps someone can share better variants and explain why - I would be very grateful for recommendations.

if you runing your wallet at PC multibit is best choice
if you use bitcoin everyday at mobile u can use mycellium
if u never use bitcoin, just for save it u can use paper wallet

RealBitcoin

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Quote from: Herbert2020 on September 09, 2015, 09:59:14 AM

Quote from: yummyransom on September 09, 2015, 05:12:26 AM

If you want a fast and simple bitcoin wallet then I recommend you the multibit.

you should try Electrum , then you will never go back to multibit again

they have somewhat the same functionality, but after trying out both of them i prefer Electrum much more.

I am using Electrum partially, but I really need to see more updates and features before I start using it fully.

I just dont like that it uses so little entropy, I like my money very secure Sad

Topic: Which bitcoin wallet is the safest and the most convenient? (Read 5217 times)