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Author Topic: Armory vs Trezor  (Read 2489 times)
fast2fix
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November 26, 2015, 08:57:34 AM
 #21

I am familiar with using Trezor hardware wallet but I keep hearing about Armory.

Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
if you already own a trezor you should not look for other client/wallet. it's one of the best (hardware)wallet in bitcoin world. Wink
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November 26, 2015, 09:45:06 AM
 #22

I am familiar with using Trezor hardware wallet but I keep hearing about Armory.

Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
trezor is still the best for me , its simple, safe, and its cheap, having two hardware wallet will just make you confused

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November 26, 2015, 10:15:34 AM
 #23

I am familiar with using Trezor hardware wallet but I keep hearing about Armory.

Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
trezor is still the best for me , its simple, safe, and its cheap, having two hardware wallet will just make you confused

I see that you are confusing Armory for a hardware wallet just like OP did. Armory is a full node software wallet for Bitcoin, not a hardware wallet!
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November 26, 2015, 10:17:01 AM
 #24

I personally believe Trezor is very good choice right now. As others already pointed out, comparing Armory and Trezor doesn't really work as they are two different type of wallets. Anyway, Trezor seems to be very safe, easy and user-friendly option to store your coins.

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November 26, 2015, 10:31:06 AM
 #25

I am familiar with using Trezor hardware wallet but I keep hearing about Armory.

Can anyone tell me would it be safer or what would be the advantage in me using Armory to store bitcoins if I already own a Trezor?
trezor is still the best for me , its simple, safe, and its cheap, having two hardware wallet will just make you confused

I see that you are confusing Armory for a hardware wallet just like OP did. Armory is a full node software wallet for Bitcoin, not a hardware wallet!


Your right Armory is not hardware wallet, but the point of Armory is using 2nd offline computer never connected to internet just to sign transaction - somewhat trying to simulate hardware wallet. If you already have spare computer for this then Armory is a cheap and more secure solution than just having wallet software on your computer connected to internet, but not as much secure as trezor.

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November 26, 2015, 11:33:59 AM
 #26

While still used by some the availability of inexpensive bitcoin hardware wallets is starting to replace the cumbersome procedure of using two computers to safely store your bitcoin. If you own more than a few bitcoin you need a hardware wallet but which is the best?
i think trezor was better,check this :
https://bitcoinnewsmagazine.com/best-bitcoin-hardware-wallet-2015/
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November 26, 2015, 05:56:22 PM
 #27

its a complete versus,its hard to answer..but trezor is coming first,so many user said that trezor is better.
but honestly i never use both,i just use online wallet,i'm get some information from a news about bitcoin.
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November 27, 2015, 03:22:14 AM
 #28

What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins

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November 27, 2015, 03:44:14 AM
 #29

trezor is most safest as it is hardware but if you want software, then armory is best.
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November 27, 2015, 10:23:40 AM
 #30

What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins

From 10+ Bitcoins it make sence to buy trezor, especially if you use the coins (not just hold) because it is fast, easy and secure to send coins using trezor. For someone who just hold the coins, paper wallet generated securely is probably easiest way even for 10+ Bitcoins (and up to point before you want to spend your Bitcoins, paper wallet can be very secure if generated the right way)

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November 27, 2015, 11:00:42 AM
 #31

What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins

From 10+ Bitcoins it make sence to buy trezor, especially if you use the coins (not just hold) because it is fast, easy and secure to send coins using trezor. For someone who just hold the coins, paper wallet generated securely is probably easiest way even for 10+ Bitcoins (and up to point before you want to spend your Bitcoins, paper wallet can be very secure if generated the right way)

Great answer! 2 - 3 bitcoins are definitely not justifying Trezor investment. Around 10 was wh3 I got one as well. But I also got one because I move my coins quite a lot. For someone that's only holding them in the cold storage as an investment and doesn't touch them, paper wallet is a great solution.

This is where Trezor comes in handy, when you want great security and maneuverability!

Cheers!
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November 27, 2015, 11:13:58 AM
 #32

Trezor is better than Armory, but it's somehow expensive & not really useful if you don't have many bitcoin.
Paper wallet is alternative for Trezor as cold storage, it's cheap & durable as long as you put it on good place.

Armory is very good software wallet, it's very secure & has many functions, but you need to download blockchain which is very big.
If you don't want to download blockchain, then use Electrum. It also has many functions, and can act as cold storage too.

So, pick depends on what you need.

I am thinking that it's the other way around since using Armory requires an offline computer which means if I want to use Armory I'll get a separate computer for that purpose alone. Am I right on my assumption?
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November 27, 2015, 01:24:21 PM
 #33

What amount of bitcoin do people think it's worth to buy trezor the keep their investment secure. It's tough to swallow that price if you only have 1 or 2 coins

From 10+ Bitcoins it make sence to buy trezor, especially if you use the coins (not just hold) because it is fast, easy and secure to send coins using trezor. For someone who just hold the coins, paper wallet generated securely is probably easiest way even for 10+ Bitcoins (and up to point before you want to spend your Bitcoins, paper wallet can be very secure if generated the right way)
Paper wallet is a good option but it is rather difficult to spend it. It can be very secure only if you spend it the right way too. Mycelium cold storage spending is a good choice but is nowhere perfect. Even though private keys are deleted after spending from cold storage, it can be hacked in the process of scanning too.

The ultimate best choice would be to buy a raspberry pi and install armory or electrum. It is much safer this way and no compromises are made if you sign it securely offline.

Trezor and ledger are definitely the way to go only if you're spending it frequently.


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November 27, 2015, 05:00:30 PM
 #34

Thanks for the replies guys. It sounds like it wouldn't be useful for the amount I would use them.

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