Topic: Which wallet program? (Read 3751 times)
I'd use electrum. it's not resource hungry, really secure and easily portable thanks to seed passwords
Currently i am using coinbase, many friends says that it is not safe as they store their btc in cloud.
But for me since now it is good, also 2FA is enable to protect every tx.
But for me since now it is good, also 2FA is enable to protect every tx.
Not good to use exchange wallet IMO. They can shut down their site and your coins is gone. Better to use desktop wallet or mycelium for mobile
most exchanges warn people they are shutting down and to withdraw whatever balanced they have a fair amount of time before actually shutting down their servers, but regardless, keeping coins on an exchange long term is a bad idea.
MtGox is an exchange too that got a problem and loss all their bitcoins right? it can happen to some exchanges too so it is still not safe
I use Electrum portable. I have no issues with it.
Is anyone using electrum ? should i use it, heard many people giving good feedback to this
I am using electrum, and i never have any problem with it. What i like from electrum is the lightweight, simple, and safe to store a big amount of btc. other wallet is safe too..
Currently i am using coinbase, many friends says that it is not safe as they store their btc in cloud.
But for me since now it is good, also 2FA is enable to protect every tx.
But for me since now it is good, also 2FA is enable to protect every tx.
Not good to use exchange wallet IMO. They can shut down their site and your coins is gone. Better to use desktop wallet or mycelium for mobile
most exchanges warn people they are shutting down and to withdraw whatever balanced they have a fair amount of time before actually shutting down their servers, but regardless, keeping coins on an exchange long term is a bad idea.
Is anyone using electrum ? should i use it, heard many people giving good feedback to this
Currently i am using coinbase, many friends says that it is not safe as they store their btc in cloud.
But for me since now it is good, also 2FA is enable to protect every tx.
But for me since now it is good, also 2FA is enable to protect every tx.
Not good to use exchange wallet IMO. They can shut down their site and your coins is gone. Better to use desktop wallet or mycelium for mobile
isn't bitcoin wallet for mobile better than any other one? it is literally called bitcoin wallet same icon as the core we all know
wallet online can be secure if you know what you're doing, and don't download malicious files
with all the measures about security like 2fa and email confirmation, i can not really see a easy hacking
the problem it's always of the user and not on the online wallet, unless they face and hackers
and iin this case will not be your fault, but only in this case
Currently i am using coinbase, many friends says that it is not safe as they store their btc in cloud.
But for me since now it is good, also 2FA is enable to protect every tx.
i have been using an online wallet (blockchain.info) for a long time, you can continue using coinbase too and you might never encounter any problem at all. but it is always safer to use a desktop wallet like Electrum for example.But for me since now it is good, also 2FA is enable to protect every tx.
but if you do a little search, you can see that there are a lot of people that lost their bitcoin because of using online wallets. first understand the risks and then make your decision.
Currently i am using coinbase, many friends says that it is not safe as they store their btc in cloud.
But for me since now it is good, also 2FA is enable to protect every tx.
But for me since now it is good, also 2FA is enable to protect every tx.
Not good to use exchange wallet IMO. They can shut down their site and your coins is gone. Better to use desktop wallet or mycelium for mobile
Currently i am using coinbase, many friends says that it is not safe as they store their btc in cloud.
But for me since now it is good, also 2FA is enable to protect every tx.
But for me since now it is good, also 2FA is enable to protect every tx.
How if the site down? Hacker attack? And you lost your btc.
Better to don't store a big amount in hot wallet. If you want a wallet to easy to use, try electrum, easy to use, 2FA support now and you don't need to download data.
~iki
Currently i am using coinbase, many friends says that it is not safe as they store their btc in cloud.
But for me since now it is good, also 2FA is enable to protect every tx.
But for me since now it is good, also 2FA is enable to protect every tx.
i use blockchain.info too but it was always accessible for me and never had any issue with it, i guess i am just lucky.
You are lucky or you haven't used Blockchain wallet long enough. It was having LOTS of downtime since the end of last year but it has improved a lot over the last couple of months.
Xapo and wallets like that are worse that bc.i because you don't have access to your private keys and you put 100% of your trust in their service.
I said that in my post. For newbies, they don't have a lot to loose and zero fees is a real plus for them when collecting small amounts.
well i heard that multiwallet into a pen can make good safe work in a wallet of btc i might use in future if i get upeer than one btc
Yes use multisig wallet is more secure. Bit-X use multisig wallet but don't store your btc on exchanger, especially with big amount.
Use Electrum, they support for multisig wallet: https://bitcointalksearch.org/topic/electrum-20-release-973768
~iki
armory is also great for multisig, and is also great for cold storage. not too sure about the features it offers vs electrum, but ive heard all around great things about armory.
https://bitcoinarmory.com/
well i heard that multiwallet into a pen can make good safe work in a wallet of btc i might use in future if i get upeer than one btc
Yes use multisig wallet is more secure. Bit-X use multisig wallet but don't store your btc on exchanger, especially with big amount.
Use Electrum, they support for multisig wallet: https://bitcointalksearch.org/topic/electrum-20-release-973768
~iki
well i heard that multiwallet into a pen can make good safe work in a wallet of btc i might use in future if i get upeer than one btc
I use Electrum wallet to send / receive bitcoins and I use an offline pc to store my bitcoins there. because it is lightweight and doesn't need to download the whole blockchain.
dont you need internet connection if you want to send it to the wallet/send out of it? or you dont even check if you received the bitcoins?you can send funds from a completely offline wallet; you need an online node to create an unsigned transaction onto a USB key, and then connect the USB to the offline node to sign the transaction. with the transaction now signed, you can bring the USB key back to the online node to have the transaction broadcast to the network.
I use Electrum wallet to send / receive bitcoins and I use an offline pc to store my bitcoins there. because it is lightweight and doesn't need to download the whole blockchain.
dont you need internet connection if you want to send it to the wallet/send out of it? or you dont even check if you received the bitcoins? Blockchain.info wallet is has my trust but it's uptime is questionable. It can be down for hours when you most need it and I would NOT recommend it to newbies any more.
Electrum is my favourite client because it is stable, easy to backup and restore and it is a SPV wallet which means no need to download the huge blockchain. You can send coins immediately on open (may be half a minute to sync to be exact).
Xapo is another wallet I am trying out recently. Don't like that I do not control my priv keys and it doesn't give me the transaction id and other detailed info. It is very usable to store small amounts on mobile phones and it charges zero transaction fee.
i use blockchain.info too but it was always accessible for me and never had any issue with it, i guess i am just lucky.Electrum is my favourite client because it is stable, easy to backup and restore and it is a SPV wallet which means no need to download the huge blockchain. You can send coins immediately on open (may be half a minute to sync to be exact).
Xapo is another wallet I am trying out recently. Don't like that I do not control my priv keys and it doesn't give me the transaction id and other detailed info. It is very usable to store small amounts on mobile phones and it charges zero transaction fee.
Xapo and wallets like that are worse that bc.i because you don't have access to your private keys and you put 100% of your trust in their service.
the only good option is Electrum that you mentioned because it is small and fast, and you can trust it if you don't mind about staying 100% anonymous.
Blockchain.info wallet is has my trust but it's uptime is questionable. It can be down for hours when you most need it and I would NOT recommend it to newbies any more.
Electrum is my favourite client because it is stable, easy to backup and restore and it is a SPV wallet which means no need to download the huge blockchain. You can send coins immediately on open (may be half a minute to sync to be exact).
Xapo is another wallet I am trying out recently. Don't like that I do not control my priv keys and it doesn't give me the transaction id and other detailed info. It is very usable to store small amounts on mobile phones and it charges zero transaction fee.
Electrum is my favourite client because it is stable, easy to backup and restore and it is a SPV wallet which means no need to download the huge blockchain. You can send coins immediately on open (may be half a minute to sync to be exact).
Xapo is another wallet I am trying out recently. Don't like that I do not control my priv keys and it doesn't give me the transaction id and other detailed info. It is very usable to store small amounts on mobile phones and it charges zero transaction fee.
I use Electrum wallet to send / receive bitcoins and I use an offline pc to store my bitcoins there. because it is lightweight and doesn't need to download the whole blockchain.
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