Bitcoin Forum

I would like to buy Bitcoin Trezor, but Blockchain can be also good.

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] If you have got 2FA your phone could be hacked, and hacker can see your messages (also verify messages from Blockchain, so he can withdraw BTC)
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ + ] Speed suport answers
[ - ] Price: $120

What do u think?

You can try our solution,  ;)

See the following topic for more details:
https://bitcointalk.org/index.php?topic=606238.0

You could lose the trezor or it could break. Depends if you are willing to spend money on it.

I will be able to recover it.
http://doc.satoshilabs.com/trezor-user/recovery.html

If it's recoverable isn't that a weakness in itself? What iof somebody else can recover it too?

You may say that somebody can get recovery seeds? What if you hold it in safe? :)

Well if it's not in a safe or a safe place they can. If you can access it somebody else might as well. Or you lose thiose seeds.

This is not a vulnerability of the product or service...the user.

We are talking about blockchain.info here. Not the Bitcoin blockchain. Please try to make that clear in the future! Those are two different things!
If blockchain.info gets hacked, hackers won't have access to your coins, since you retain at least a part of your private key.

I'm talking about blockchain.info not Bitcoin blockchain bro :)

Pros and cons (in my opinion):

Blockchain:
[ + ] Free
[ + ] If you have cellphone 2FA authentication you have to have physical access to your phone
[ - ] Servers can be hacked
[ - ] You can lost Bitcoins by phishing
[ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer

Trezor:
[ + ] If you want to send BTC you have to have physical access to Trezor
[ + ] Physical buttons on Trezor - they can not be hacked
[ - ] i sent a support message a week ago, still awaiting a reply
[ - ] Price: $120
[ - ] a trojan/phish can be used to make the website integration perform a man in the middle to request the seed
[ - ]cant be used easily whilst out and about, such as on smart phone

This right here is pretty accurate IMO.   I don't have my trezor yet, but it should be arriving today (I hope), so I will be able to report back on the comparison of both.   The convenience of being able to use blockchain.info while out and about is a major plus.   Basically if you have BTC in both spots that is obviously the best.   

I guess it comes down to how frequently you plan on spending BTC.   If you don't plan on spending often, then Trezor is probably better.   If you are frequently trading, buying, selling, sending... then maybe blockchain.info is better for you.   

Obviously if you have less than $120 in BTC, then Trezor is not a smart decision.

summary:
trezor for long term "savings"
blockchain.info for SMALL "daily spend"

Trezor is more user friendly than blockchain.info, this point isn't written in OP list but is really important.
Try to teach your parents how to use both wallets and let them choose what is the best... I know the answer!

OP, you mention that blockchain.info has only the positive of free, while you say that Trezor has only one negative which is the cost of a product that provides three positive according to you.

Surely you have answered your own question?

Buy the Trezor.

I preffer the option with lowest possibility to loose my Bitcoins. Trezor wins, but Trezor does not offer additional security for those not understanding how Trezor exactly works, so non tech people are likely to loose Bitcoins when using Trezor at compromised computer/server and revealing seed or not checking the transaction details on Trezor when signing or accepting not signed firmware

If you reveal your seed, you will basically lose your BTC with any type of wallet.  I haven't received my Trezor yet (I thought it was arriving today), but I thought one of the whole points of it was to be able to use it securely even if you have a compromised computer...

The problem of online wallets is that you actually don't have your bitcoins
they are in possesion of third party
blockchain is ok for daily use and small quantities but if you are going to hold a large amount...
I prefer other options

I've heard lots of great things about Trezor. I'd go with that plus its at a good price

Op do you know the difference between blockchain and blockchain.info?

Fix that please...

Also trezor by far.

Technically, you don't have to write the seed down if you don't want and then it wouldn't be recoverable. But, people in general do want this.

TREZOR, any day. More secure.

I think Blockchain it's a good wallet , because im never use Bitcoin Trezor and 2FA  ;D

I'm sorry before my brother  :'(

I got my trezor a couple days ago, and just had the time to set it up last night.   

Once you figure it out, it is pretty easy to use.   The ease of use is about equal to blockchain.info.

Blockchain.info is still better to use on the go though because if you want to send money from your trezor (and you are not at your computer), you have to install the browser plugin.   Many public computers will not allow you to do this (by default), and many of your friends may not want you installing things on their computer.

I am a little concerned about holding a significant amount of BTC on the Trezor and then having a hardware failure, as up until this point, Wallet32 is the only wallet that you are able to restore your coins to (without purchasing another Trezor).


IMO, if you are thinking about buying a Trezor, you should consider buying 2, in case on of them fails in the future. 

Electrum and armory will soon support the backup seed. Also Blockchain.info is looking into it!

I've never actually had to use a backup seed before, is it really as easy as typing in the words, and then you are off and running?

Yes it is. And after importing this one seed you have access to ALL privatekeys you could ever accessed with that trezor account.

Yes, trezor is secure on a compromised computer, but you still could be tricked, like asking to sign different transaction (so always check transaction details on trezor display). There are more ways how to trick you when using trezor at compromised computer, so the user is the weak point with trezor

I love the look of Trezor and think I'll be getting it but its a little expensive for me at the moment.

I definitely would not recommend not saving the recovery seed.   Since these are so new, I'm sure a hardware failure isn't out of the question

Thanks, are you plugging in your trezor every time you check your balance, or are you just entering the receiving address? 

I have not really used a block explorer before...I have just sat on my coins (and spent some here and there), how come when I enter the receiving address into blockchain.info, it doesn't show any transactions for the address?

Blockchain.info does use something similar to a seed, it uses a group of words that is based on your password that will allow you to have access to your identifier and password. The problem with having a seed is that it is a weak link to possibly access your money. People generally will not protect their seed in the same ways they would protect their password so there is a greater chance that someone would be able to steal bitcoin via someone's seed.

I think this is why blockchian.info = 2Fa is much more secure then using a seed. If someone were to mess up their security with their seed then they would likely have their coins stolen, however if someone messed up their security with their password and identifier then they would still have a very strong layer of protection to keep their coin safe.