Which Windows wallet not download full blockchain

ikydesu

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Quote from: m3110w on February 14, 2015, 09:11:20 PM

Hi All,

Newbie here. I want to install a wallet on my Win7 Pro pc. I was doing some research and from what I can understand some wallets require that you download the whole blockchain and some don't. I have very limited bandwidth so I definitely don't want to download the whole thing.

I googled "Comparison of wallets for Windows" but didn't find anything useful.

Which Windows wallet is best that does not require the whole blockchain to be downloaded?

I also have an Android phone (5.0.1) so if you think the Android wallets are much better let me know.

Thanks for helping a newbie. Cheers,

Advait

I personally used Electrum for my desktop wallet, just need sync, dont need to download the data Wink

and i dont have a problem with that wallet Wink

Looks like all guys here prefer to Electrum Cheesy

Muhammed Zakir

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Quote from: Madness on February 16, 2015, 03:17:47 AM

Online wallets don't require downloading the whole blockchain file but they are also less secure then Offline wallets .
I would recommend you using Multibit or Electrum , and If I had to choose between those two I would say Electrum because you don' thave to make Regular backups to your private key or wallet and you can recover your Bitcoins with a 12 words seed in case of a computer failure .

~ Madness

Multibit HD solves this.

-MZ

Madness

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My goal is becaming a billionaire.

Online wallets don't require downloading the whole blockchain file but they are also less secure then Offline wallets .
I would recommend you using Multibit or Electrum , and If I had to choose between those two I would say Electrum because you don' thave to make Regular backups to your private key or wallet and you can recover your Bitcoins with a 12 words seed in case of a computer failure .

~ Madness

sgk

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!! HODL !!

I personally prefer MultiBit, but Electrum is also good. Both of them are good for your purpose.

No matter which wallet you use, do not forget to make regular backup of your wallet and also keep substantial amount of your BTC in 'cold storage'.
(Google for more on cold storage & paper wallets)

Muhammed Zakir

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Quote from: foxkyu on February 16, 2015, 12:25:29 AM

you can try electrum or multibit
a lot of people using it, nad seems to be don't have a problem with it
and don forget to lock your wallet Wink

Lock it with a good password and use special characters. Don't forget it too. Always, make a backup of your wallet if you are using Multibit and if you're using Electrum, backup the seed.

-MZ

Fernandez

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Electrum or multibit.

I personally prefer to use the full wallet, but it takes almost a day for first time use. After that it operates normally though the load time is still somewhat higher.

foxkyu

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you can try electrum or multibit
a lot of people using it, nad seems to be don't have a problem with it
and don forget to lock your wallet Wink

bitllionaire

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I like electrum and multibit for windows and blockchain.info wallet for android

uki

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cryptojunk bag holder

You may use Electrum wallet as recommended here, but I would advise you to also consider downloading the core wallet and thus downloading the whole blockchain.
A nice discussion of pros and cons of each you will find here: https://bitcointalksearch.org/topic/blockchain-vs-electrum-950454

Herbert2020

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i suggest you install Electrum from its official website, it is lightweight and easy to use, also you can easily create offline transactions with it
the size is something around 30 MB

ranochigo

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Quote from: m3110w on February 15, 2015, 09:14:10 AM

Quote

The fees goes to the miners(They help you confirm your tx for the fees you paid) and not to electrum.

OK, thanks. So this fee is voluntary?

Default fee is .0002 BTC per kb of transaction. How many kb in a typical transaction? .0001 kb? or 10,000 kb? I need to know how much I'll be donating.

Thanks for helping a newbie. Cheers,

Advait

The minimum fee you can go is 0.00001 BTC/kb for clients to relay your transactions. Transactions are ranked by their priority, the higher the priority, the more probability it will confirm within the next block. Priority is calculated using coin age (amount of time that specific coin is in your wallet untouched), transaction size and fees. If your priority is high enough(57,600,000), you may try using 0 fees, no guarantees your coins will confirm very fast. To qualify for a free transaction, your transaction size must be below or equal to 9999 bytes. Compressed keys are known to produce lower sized transactions so you are recommended to use it. It all come down to what is the block finder's policy. If the block finder decides to abandon your transaction, the next block finder can then decide to include your transaction once he have found a block.

Muhammed Zakir

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Quote from: m3110w on February 15, 2015, 09:14:10 AM

OK, thanks. So this fee is voluntary?

Yes, if you didn't set recommended fee(see below), your transaction may not get confirmation.

Quote from: m3110w on February 15, 2015, 09:14:10 AM

Default fee is .0002 BTC per kb of transaction.

Recommended fee is 0.0001BTC/1000 Bytes.

Quote from: m3110w on February 15, 2015, 09:14:10 AM

How many kb in a typical transaction? .0001 kb? or 10,000 kb? I need to know how much I'll be donating.

It will depend on your transactions. If you have many inputs, your bytes increases and if you don't, your bytes will most probably below 500. As I have said, this will depend on your transaction.

You may want to read these : https://en.bitcoin.it/wiki/Transaction_fees and http://bitcoinfees.com/ .

Quote from: m3110w on February 15, 2015, 09:14:10 AM

Thanks for helping a newbie. Cheers,

Advait

Anytime.

-MZ

m3110w

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The fees goes to the miners(They help you confirm your tx for the fees you paid) and not to electrum.
[/quote]

OK, thanks. So this fee is voluntary?

Default fee is .0002 BTC per kb of transaction. How many kb in a typical transaction? .0001 kb? or 10,000 kb? I need to know how much I'll be donating.

Thanks for helping a newbie. Cheers,

Advait

jjacob

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★Nitrogensports.eu★

Quote from: m3110w on February 15, 2015, 08:08:36 AM

Hi Everyone,

Thanks for the replies. Per your suggestions, I downloaded and installed Electrum. So far so good.

Cheers,

Advait

Good choice.
Electrum is a great wallet for beginners.

LuckyBtc

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Quote from: m3110w on February 15, 2015, 08:29:38 AM

Looks ok, pretty simple and straight forward.

In the Electrum "Preferences" it says the default transaction fee is .000002 BTC or something like that. What is this transaction fee? I'm guessing its a just a way of automatically donating to Electrum when I make transactions? That correct?

Also, how do I mark a thread as "solved"?

Thanks,

Advait

The fees goes to the miners(They help you confirm your tx for the fees you paid) and not to electrum.

m3110w

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Activity: 94

Merit: 11

Looks ok, pretty simple and straight forward.

In the Electrum "Preferences" it says the default transaction fee is .000002 BTC or something like that. What is this transaction fee? I'm guessing its a just a way of automatically donating to Electrum when I make transactions? That correct?

Also, how do I mark a thread as "solved"?

Thanks,

Advait

kwaasteniet

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For Android you can use Mycelium. Powerful and with the possibility to local trade bitcoin.

LewiesMan

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Electrum is very nice isn't it?

m3110w

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Hi Everyone,

Thanks for the replies. Per your suggestions, I downloaded and installed Electrum. So far so good.

Cheers,

Advait

Muhammed Zakir

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I prefer Zakir over Muhammed when mentioning me!

GreenAddress(recommended), Multibit, Electrum and Armory_Offline+CounterWallet.

-MZ

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