I am a new bitcoin user that uses blockchain as a wallet. I have used the above advice and gone from the default of 500 iterations to the 20,000 maximum.
What makes Bitcoin wallets different to typical online banking ?- And if your on-line bank account is hacked the bank is responsible for the loss.
Why is this not the case for bitcoin wallets?
I really feel for the stat guy and deplore some of the responses on this read saying he was to blame.
Bitcoin will never reach its potential if a newbee has to go through a raft of additional measures to keep their wallets safe.
I don't want to f about with Trezors and such, i want to use my wallet like a bank
why is this so difficult ??