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Author Topic: Bitcoin wallet rank  (Read 350 times)
Artemis3
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February 08, 2019, 04:10:17 AM
 #21

You could you whatever suits you, there is no wallet rank.

I was a huge fan of Electrum, but in past 9 months Electrum  had a lot of problems and I switched to Core. This is for small amounts only and everyday use. For larger amounts I'm using Ledger as a cold storage.

I'm not worried by the Electrum phishing attempts. If you get a message telling you to download a "new" Electrum version, just ignore it and switch servers.

In an ideal world everyone would use core. Here i have been running bitcoind to sync the blockchain, but by my guesstimates i will take me a whole month to sync... I simply want to run a full node, an Electrum server, and possibly a LN server; oh and a core wallet of course...

But for most people this is unacceptable, from a practical point of view, the light wallets are a necessary evil.

So my recommendations are:


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crairezx20
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February 08, 2019, 09:43:28 AM
 #22

I'm not worried by the Electrum phishing attempts. If you get a message telling you to download a "new" Electrum version, just ignore it and switch servers.

In an ideal world everyone would use core. Here i have been running bitcoind to sync the blockchain, but by my guesstimates i will take me a whole month to sync... I simply want to run a full node, an Electrum server, and possibly a LN server; oh and a core wallet of course...

But for most people this is unacceptable, from a practical point of view, the light wallets are a necessary evil.

So my recommendations are:

Why would you recommend Electrum? it still under phishing attacks which I think still not safe to use.


I recommend bitcoin core wallet but this is not a lite version of bitcoin wallet like electrum but I found another wallet which recommended by our forum admin. Take a look at the post below.

Wasabi is probably the next best, though it's certainly missing a ton of features compared to Electrum. Nothing lightweight comes close to Electrum's features.

Wasabi recently passed bitcoin.org's strict criteria for being listed.
emulsifryer
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February 08, 2019, 10:58:53 AM
 #23

I'm not worried by the Electrum phishing attempts. If you get a message telling you to download a "new" Electrum version, just ignore it and switch servers.

In an ideal world everyone would use core. Here i have been running bitcoind to sync the blockchain, but by my guesstimates i will take me a whole month to sync... I simply want to run a full node, an Electrum server, and possibly a LN server; oh and a core wallet of course...

But for most people this is unacceptable, from a practical point of view, the light wallets are a necessary evil.

So my recommendations are:

Why would you recommend Electrum? it still under phishing attacks which I think still not safe to use.


I recommend bitcoin core wallet but this is not a lite version of bitcoin wallet like electrum but I found another wallet which recommended by our forum admin. Take a look at the post below.

Wasabi is probably the next best, though it's certainly missing a ton of features compared to Electrum. Nothing lightweight comes close to Electrum's features.

Wasabi recently passed bitcoin.org's strict criteria for being listed.
That's great that there's another reliable wallet for us crypto users to store our coins in a safe wallet and besides I didn't say that Ethereum is not actually safe but we should consider the problem about the phishing attacks maybe not only in there but also in other wallets. Make sure you have installed some security in every trade you have made like Metamask and don't let anyone can access your account or sharing your private keys.

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AhmadM
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February 08, 2019, 05:32:43 PM
 #24

That's great that there's another reliable wallet for us crypto users to store our coins in a safe wallet and besides I didn't say that Ethereum is not actually safe but we should consider the problem about the phishing attacks maybe not only in there but also in other wallets. Make sure you have installed some security in every trade you have made like Metamask and don't let anyone can access your account or sharing your private keys.
What are you talking about? It seems you are talking about ethereum wallets such as MEW and metamask. Did you read the OP problem's, he/she ask for recommended bitcoin wallet not ethereum wallet.
TCW003 (OP)
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February 09, 2019, 01:24:59 PM
 #25

Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
NavI_027
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February 09, 2019, 11:41:01 PM
 #26

Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
Good choice! Disseminating your assets into multiple wallets is good because you can avoid One time, Big time loss if ever the wallet you are using got hacked. However, this is hassle a little bit since wallets nowadays already required KYC which you need to fill up but nonetheless everything is beneficial as long as the wallets you choose are all legit. (But if you want to store verry big amount of coin then for me one cold storage is enough).

Good luck to you Smiley.
nc50lc
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February 10, 2019, 02:56:11 AM
Last edit: February 10, 2019, 03:07:33 AM by nc50lc
 #27

Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
Some of the previous list were actually exchange/payment processor or online wallet clients.
Say no more: Choose your wallet.
From there, (Based on my own reasons) I will tell you which is the best in my short opinion, or which is best suited for a specific use.
[I wont include some because I haven't used them, it's up to you to trust them]

List1: (Full node wallets)
Offers complete security as advertised by Bitcoin, huge disk space and bandwidth as well as technical knowledge required.
  • 1. Bitcoin Core
  • 2. Bitcoin Knots
  • 3. Armory (Least recommended)
.
List2: (SPV Clients)
Uses a third-party or a centralized server as the "validator" (full node).
  • 1. Wasabi - Second best choice from Electrum but with the current "scare", its centralized servers (nodes) may be "safer" until Electrum filtered out most of the bad servers.
  • 2. Electrum - The most functional Lightweight client available. If you're not a total "dimwit" and uses the Latest Version, you don't have to worry about the "current situation"
  • 3. Copay - Same as Wasabi but has different features.
  • 4. Bither (Not-updated or stalled since Apr 2018)

[Android clients not included]

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jademaxsuy
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February 10, 2019, 06:39:24 AM
 #28

There is no bitcoin wallet rank list but there is a discussion about which of the wallets are more secured in storing or keeping your bitcoin. If I were you I'd focus on finding a wallet secured like trezor or ledger nano s for example.
Hivalley
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February 10, 2019, 07:43:27 AM
 #29

Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
It's a shrewd idea to spread your coins all across different wallets for maximum security,but also when you're using a hardware wallet,security is assured and it's safe to store your crypto coins in them,rather than diversifying them across lesser secure ones.
Choose a good hardware wallet and store up coins,you will have no problem doing that
wavug
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February 10, 2019, 01:25:36 PM
 #30

Hardware wallets: Ledger Nano S, Ledger Nano X, Trezor One, Trezor T
Web wallets: MyEtherWallet, MetaMask
Mobile wallets: TrustWallet, Opera browser with Crypto wallet
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February 10, 2019, 05:51:23 PM
 #31

I'm amazed that nobody around has recommended Exodus, it's one of the best desktop wallets I've used till now!
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February 11, 2019, 07:24:24 AM
 #32

No rank, even newbie in the forum like you can use any wallet you want.
Personally I'm using an electrum wallet (segwit) as it only require cheaper transaction fee.
Don't use wallet in exchanges, they are friendly but they are not safe, and also transaction fee is high, ranging from BTC0.0005 to BTC0.0015.

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