As requested via PM.

I have downloaded the app and put up a review. See these 2 screenshots for proof.




Address is: 35GbB5RPjA6TjetKTMadkpk4qhvCqtefoJ

I hope this helps, Good luck with your app!

So many people interested... and they don't even know what copywriting is??!? 

You might like to try Google... the first result has everything you need to know: https://en.wikipedia.org/wiki/Copywriting

Ahhhhh so in effect... there is some hidden 'real' bitcoin wallet hiding in the backend that actually holds all the bitcoins... and what I see is just Xapo's record of what is allocated to my Xapo "account"?

So when I get sent X coins to my 'address'... Xapo actually receive the coins to their address, and then record in my wallet that I now have +X coins.

When I send Y coins from my wallet... Xapo is actually sending coins from their address, and then record in my wallet that I now have -Y coins.

Is that correct?

I have a query about Xapo that I am hoping someone here can help with, because the "Support Centre" on Xapo is truly dreadful and doesn't offer any real information.

I have a Xapo wallet, that is getting "direct payments" from a couple of faucets that I have been messing about with to dip my toes in the bitcoin waters and get a feel for how everything works. I've also received a couple of payments from faucetbox.com.

The 2 types of payments show up differently in Xapo. One saying it is an external transaction, wihtout any sort of transaction ID, but I can find them in the blockchain by searching on my wallet address. The other transactions, the direct payments, just seem to magically appear out of thin air.

So how does the blockchain know that I "own" these bitcoins? There doesn't seem to be any record of these payments on the blockchain... are they imaginary? Are they backed by Xapo and when I go to spend/send these coins out it will all magically work?

Yeah... I signed up to blockchain.info because I'd read some good things about it, but none of the features that I read about seemed to exist... I was very confused until I finally discovered it was because all the good features were in the legacy wallet.

Now I have no private keys, can't sign messages etc. Guess I will need to find another service that provides what I require.

As a bit of a newbiw... I've been investigating desktop and hot wallets quite a bit the last couple of days.

I initially created a blockchain.info wallet... because a lot of the reviews and comments I saw said that it was good and had a lot of nifty features (owning private keys, signing messages etc)... however, a lot of these nifty features don't exist in the "new" wallet, only the old legacy one... I did not know they had recently upgraded, so it seems like a lot of the more useful features are missing.

I created a Xapo wallet a bit by accident. I was wanting to "test" that my wallets were working etc, and was mucking around with faucets to generate an incoming transaction. One faucet made payments direct to the Xapo... I'm still not 100% sure how this actually works, and how these coins are registered in the blockchain as belonging to me?? As there doesn't seem to be a transaction associated with them??

I have also been looking into Coinbase... haven't tried it out as yet... as I think I will just setup a desktop wallet.

Ran into some of the exchange type services (like YoBit)... but I see the overall consensus is that unless you are moving the money/coin or actively trading, you should NEVER leave your money on an exchange. Sounds like pretty decent advice to me.


And finally, although not exactly about online wallets... I have begun in earnest to look at Desktop wallets as with all these online services either getting hacked or running away with peoples money... I'm getting a little paranoid.

If I was you, I would start here: https://bitcointalk.org/index.php?topic=615953.0

Has a good list of the common campaigns (Note: slightly out of date, so check the last few pages of each thread to confirm it is still active etc). Pick one you like, read the requirements in the thread, make sure you comply (or can comply) and apply. This usually involves adding the sig and posting a note in the thread with your Nick, Number of posts, Member level and WalletID. But do read the OPs to make sure you know what you're getting into and the limits etc

I am waiting patiently to get up to (junior) Member to sign up to one.

Best of luck.

Thank you both for your prompt and helpful answers. I am still (obviously) a bit of a newbie around here... and while somethings are explained well, other things are not!

So how does someone sign up for this? I read through the OP, but there doesn't seem to be a formal process listed.

Do I apply via PM first, get accepted and then load up my sig etc... or do I just go ahead an put in the personal message and sig and hope for the best?

As a newbie, is it too late to get on the Signature Campaign train or has it already left the station?

Do I just stick around a while, get myself up to "member" (or junior member?) and see what still exists?

Ended up here because every other google result on my bitcoin searches is a Bitcointalk thread!

Then I ended up going down the rabbit hole and browsing the various forums on here.

Now I'm stuck and can't get out!

Thanks for all the info guys. I really appreciate it.

Having done some more research, this whole Bitcoin thing gets quite complicated, quite quickly!

- A hardware wallet is probably not an option at this time due to lack of availability in my region and somewhat limited resources.
- I think a 'hot' wallet is an 'OK' temporary solution, as due to my limited resources, I don't currently have a large amount of BTC... so the risk is relatively small... for now.
- I will investigate the options available to me of the various desktop wallet solutions as longer term solutions.

Now I just need to figure out, how desktop wallets work...

Hi,

I am relatively new to the Bitcoin world (have been dipping my toes in the water for a week or so) and have a couple of things I'd like to get clarified, as I'd like to get a bit more "serious" about Bitcoin going forward.

Firstly, as I understand it, an 'online' wallet is essentially software (either desktop or web) that stores all the information about my bitcoins, whereas an offline wallet would be like a paper one, with all the info printed onto paper and stored (hopefully) somewhere secure. Is that correct?

Secondly, a 'desktop' wallet is software like bitcoin core that I run on my own hardware... and I have full control (and responsibility for maintaining security)... whereas a web wallet, I'm essentially letting someone else hold onto my coins, as they theoretically have access to my private keys etc?

In the case of web wallets... are any of them trustworthy?? Like Xapo looks nice and convenient and all, but there doesn't seem to be a way to control your keys... Blockchain.info seems to offer you all that information, but then, that means they still have access to my keys right??

Thanks in advance for your help/suggestions/information...