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Author Topic: A question about wallets (BTC and USDT)  (Read 289 times)
Ann1989
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December 05, 2019, 02:30:10 AM
 #21

Hello

So I am currently using a Solar wallet where I hold NWC and XLM, but I would like to also have Bitcoin and Tether is at all possible to have it on Solar?

If not, which is the best wallet to hold Bitcoins and Tether? (i don't mean hardware wallets, I need a desktop wallet)

Thanks for your help
Exodus for both
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December 05, 2019, 04:08:45 AM
 #22

If you don't want to use a hardware wallet, a multicurrency wallet would be your other option. So i am suggest another really good and open source option.
It's called Trust Wallet. It supports all the coins you want listed above but so far they have only apps that work on Android and iOS.
- https://trustwallet.com
I used to think open source was a great idea, it still is, but I'm not sure anymore after reading this article. They seem to have a very strong case for why hardware wallets should not be open source: https://medium.com/cobo-vault/should-hardware-wallets-be-open-source-52209e046cf2
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December 05, 2019, 04:16:14 AM
 #23

I use exoduse wallet for bitcoin. Simple and safe.

Thanks for the question tho, it reminded me to check on nwc this weekend.

Exodus wallet isn't as safe as you think though. It's not open source, and if I remember correctly, the private keys are stored on your device in clear text; that's a very very big issue no doubt. Hardware wallets are still the way to go.
"In the context of our relatively small development community, we need to be especially wary of the fact that sharing source code is a double-edged sword. For hardware wallets, the unfortunate truth is that releasing source code makes it easier for hackers to detect loopholes and carry out attacks. Open source code can even open the door for cybercriminals to produce counterfeit hardware wallets capable of deceiving consumers — a security threat Trezor has already been the victim of." This is something interesting I came across in an article that, while being pro open source, doesn't think it's a great idea for hardware wallets! https://medium.com/cobo-vault/should-hardware-wallets-be-open-source-52209e046cf2
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December 05, 2019, 08:53:48 AM
 #24

I think the best place to put your Bitcoin and USD is the hardware wallet. It is a very popular and reliable wallet. You can safely keep your Bitcoin and USD. The hardware wallet is better than the desktop wallet. It is not open source and can hold your keys securely.

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