Bitcoin Forum

Other => Beginners & Help => Topic started by: BitcoinSteve on December 19, 2013, 05:11:42 AM



Title: What wallet do you use? Is multibit safe?
Post by: BitcoinSteve on December 19, 2013, 05:11:42 AM
Thanks


Title: Re: What wallet do you use? Is multibit safe?
Post by: Light on December 19, 2013, 05:16:00 AM
As far as offline wallets go Mulitbit and Electrum are safe provided you make sure to encrypt the contents of your wallet with some password (make sure it is reasonably long with lower/uppercase etc). If you have a lot of funds it might be advisable to store you coins in cold storage (you should be able to find some articles on it if you google) and use another address/wallet for your day to day transactions.


Title: Re: What wallet do you use? Is multibit safe?
Post by: gweedo on December 19, 2013, 05:17:55 AM
Multibit uses SPV to keep the blockchain, which means you lose a degree of trustless, but for it is good.


Title: Re: What wallet do you use? Is multibit safe?
Post by: Kaligulax on December 19, 2013, 06:59:51 AM
What is MultiBit?
https://multibit.org/

MultiBit is a secure, lightweight, international Bitcoin wallet for Windows, MacOS and Linux

    MultiBit makes performing Bitcoin transactions quick and simple
    MultiBit comes in a variety of languages because Bitcoin is without borders
    MultiBit is free to download and is open source (MIT license)
    MultiBit is easy to install

MultiBit is donationware. If you find MultiBit useful please consider donating 0.01 BTC. Your donation helps pay for server and development costs. Thanks.


Title: Re: What wallet do you use? Is multibit safe?
Post by: xephyr on December 19, 2013, 07:09:24 AM
IMO best choice for security of your bitcoin and easy cold storage is Armory. Second best is Electrum. Both are deterministic wallets that only need to be backed up once.


Title: Re: What wallet do you use? Is multibit safe?
Post by: ppkhoa on December 19, 2013, 07:26:40 AM
I'm using Coinbase and BlockChain. CoinBase does not support betting games, have to find out the hard way...