Bitcoin Forum

Other => Beginners & Help => Topic started by: Blind Prophet on November 27, 2013, 12:25:48 AM



Title: Wallets
Post by: Blind Prophet on November 27, 2013, 12:25:48 AM
I just got started and just have a blockchain.info wallet.  Do I need to have different wallets, or is just the one sufficient?


Title: Re: Wallets
Post by: Fiyasko on November 27, 2013, 12:29:03 AM
I just got started and just have a blockchain.info wallet.  Do I need to have different wallets, or is just the one sufficient?
You should have an Offline wallet, one that holds your "savings" and the online wallet is sortof your "chequing" wallet.
Online wallets are infamous for getting hacked and people losing thier money, you can't "hack" something that is offline that one does not have access to.
Try the standard bitcoin client (takes up alot of HDD space and has to sync) or try Armory (safest) or Multibit (high compatability)

One wallet is sufficient for functionality, but thats the bare minimum, you should definitly backup your wallet and have a seperate offline one


Title: Re: Wallets
Post by: monbux on November 27, 2013, 12:32:57 AM
I just got started and just have a blockchain.info wallet.  Do I need to have different wallets, or is just the one sufficient?

I would have suggested inputs.io a while back, but not anymore.
I'd suggest you get an offline bitcoin-QT wallet, or just back up your current wallet on blockchain.  I suggest an offline wallet if you are considering storing larger amounts, with more than 1 backup.


Title: Re: Wallets
Post by: WayTooGosu on November 27, 2013, 12:47:08 AM
If you use an online one, make sure you back it up. Offline ones are more secure but are prone to viruses and will be gone if your machine breaks.


Title: Re: Wallets
Post by: Fiyasko on November 27, 2013, 01:00:27 AM
If you use an online one, make sure you back it up. Offline ones are more secure but are prone to viruses and will be gone if your machine breaks.
*crosses arms* Mines made of Paper, stored in a fireproof safe, Tell me how exactly that is prone to viruses and will be gone if my machine breaks?


Title: Re: Wallets
Post by: CoinGeneral on November 27, 2013, 01:18:45 AM
Offline [wallets] are more secure but are prone to viruses and will be gone if your machine breaks.

This. Remember offline wallets are a bad idea!

http://www.daddyfiles.com/wp-content/uploads/2011/11/Sarcasm.jpg