Bitcoin Forum

I am a total noob in bitcoin and need some guidance. I have recently installed armory (on Linux) and set up a wallet even though yet to put any funds in it. I have a few questions.

• Is a wallet specific to a PC or the wallet data stored somewhere in the cloud?
• Is armory a good choice?
• Armory instructs me to download bitcoind or bitcoin core but the somehow most of the pages on the bitcoin.org site seem to be off line. Is that site really reliable or is it only from my PC I am seeing this problem?
• What is the relation between a wallet, a bitcoin address and a client like armory? Is it same as a the online storage space on google and my gmail address? Like the space stores the email and the gmail address is how I access it.

Probably the questions are too basic and have been discussed multiple times. But the different terms that have been uses seem somewhat confusing. So I just needed some specific answers. Thanks a lot.

Wallet data is stored localy.


Yes


Its usually very realiable and I can currently reach it. Armory needs bitcoin core / bitcoind in order to work. You will also have to download the blockchain. You might want to get a torrent [1] for that.


A Wallet is a piece of software that helps you to manage your private keys. These private keys allow you to spend the coins that have been send to your addresses.


Sorry, I dont understand that. But google offers a service where you are dependent. Armory is something you do localy and you do not rely on anyone else.


Yes, almost all questions have been asked allready, but thats just the nature of things. As long as you show willingness to learn and read you will usually get an answer here.



[1] https://bitcointalk.org/index.php?topic=145386.0