richardsNY
Legendary
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Activity: 1232
Merit: 1091
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October 23, 2017, 09:19:55 PM |
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If Governement, police or thiefes comes to your house they can stole your printed cold storage private keys
I can hide my paper wallets everywhere I want, and there isn't even a single chance of anyone finding out where they are. I could even write down my private keys in several parts, where each part is hidden in a different place -- believe me, no one will ever find it, even if I voluntarily allow the police to search my entire house. Other than that, I don't care how secure Xapo's location is where they store people's coins -- main point of importance is that you are no longer the sole owner of your private keys, and that's the biggest negative aspect that there is. No matter how much nonsense you come up with in your post, there is no point into making people believe that storing coins in Xapo's service is better than your own cold storage forms....
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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tabas
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October 23, 2017, 10:47:55 PM |
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In this moment Xapo is safest one
I'm considering them as the safest but I'm a practical person. Their fees are even higher than electrum which is also a good wallet but if I'm going to choose, I would prefer the cheapest one and that is blockchain.info. They are also trusted and one of the most popular web wallet that I can trust with but I'm not going to let all my bitcoins stay there.
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BtWill1Million
Newbie
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Activity: 35
Merit: 0
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October 24, 2017, 01:39:51 AM |
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If Governement, police or thiefes comes to your house they can stole your printed cold storage private keys
I can hide my paper wallets everywhere I want, and there isn't even a single chance of anyone finding out where they are. I could even write down my private keys in several parts, where each part is hidden in a different place -- believe me, no one will ever find it, even if I voluntarily allow the police to search my entire house. Other than that, I don't care how secure Xapo's location is where they store people's coins -- main point of importance is that you are no longer the sole owner of your private keys, and that's the biggest negative aspect that there is. No matter how much nonsense you come up with in your post, there is no point into making people believe that storing coins in Xapo's service is better than your own cold storage forms.... There is a danger of hearthquake, floods, fire incidents and other natural disaster that can took your bitcoin Forever. Also your enemys can apply torture on you to reve al your papers location, luckly you Will survivor, In my case they Will have to kill me because i dont know mypasswords. Well after all this Security, coldstorage bunkers, and space satellite surveillance, its true we dont own the private Key, but at least we know the Xapo owner. Wences Casares is just one of the PayPal directors and a well know high tech entrepeneur in silicone valey.
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BtWill1Million
Newbie
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Activity: 35
Merit: 0
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October 24, 2017, 01:44:55 AM |
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In this moment Xapo is safest one
I'm considering them as the safest but I'm a practical person. Their fees are even higher than electrum which is also a good wallet but if I'm going to choose, I would prefer the cheapest one and that is blockchain.info. They are also trusted and one of the most popular web wallet that I can trust with but I'm not going to let all my bitcoins stay there. Who os Electrum wallet owner? Trust for trust i Will trust on Trezor and Mycellium to spend however once again you Will need a paper wallet that could BE Stolled, wiped in water floods or burned in fires or destroyed um hurricanes or earthquakes... Xapo owner is a well know entrepeneur in silicone valey and one of PayPal directors. We dont own the private keys but know to who we are trusting it. Well its expensive but Security have a price. I never heard before about Electrum wallet to have bunkers spread around different continents to store 85% of coins on coldstorage and a satéllite to do surveillance to website.
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terrific
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October 24, 2017, 06:38:32 PM |
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Xapo owner is a well know entrepeneur in silicone valey and one of PayPal directors. We dont own the private keys but know to who we are trusting it.
Well its expensive but Security have a price. I never heard before about Electrum wallet to have bunkers spread around different continents to store 85% of coins on coldstorage and a satéllite to do surveillance to website.
Security is the most invested thing in this world that probably the reason why xapo's fee are increased and will never change and go back to the lower ones. I'm into security but it's still better to have the private keys, you know what I mean that we have to hold it. He may be a well known entrepreneur but still it's a normal thing that you need to have the private keys of your bitcoin wallet. Who os Electrum wallet owner?
https://electrum.org/#about
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BtWill1Million
Newbie
Offline
Activity: 35
Merit: 0
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October 24, 2017, 06:50:35 PM |
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Yeah once again i believe that regular people dont have conditions to hold on home a paper wallet with reviver seed for his Trezor device encrypting 100 thousand to half millions dollars bitcoin, because this Will BE the Next price on comming years. Terrorists, thiefes, robbers, hurricanes, floods, fireing , kidnap, torture, extorsion, governments, authorities...wow so many things average persons cant control....
Well for this Xapo works fine and they give you opportunity to send to a Fiat internal wallet on the currency you wish, if bitcoin prices reach to a point you consider Good . On other wallets you need to send coins to a exchange and this take time..and on crypto time os money..
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Choii
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October 27, 2017, 06:01:23 AM |
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xapo is good but blockchain is better
Probably yes, Xapo is the good kind of wallet ( but like you said ) Blockchain is much better than Xapo because it's secure. I would go for the Blockchain because its more secure and also way more trusted than than the other wallet of these days to be honest.
I'm also using blockchain.info for my bitcoin , and yes that is good wallet because its the best for the online wallet and there are 2FA authentication to secure our bitcoin.
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tee-rex
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October 27, 2017, 12:03:19 PM |
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xapo is good but blockchain is better
Probably yes, Xapo is the good kind of wallet ( but like you said ) Blockchain is much better than Xapo because it's secure. Are you sure that the blockchain.info wallet is more secure than Xapo? Blockchain.info is a hybrid wallet, and the keys from your wallet can be stolen from your desktop as well as easily intercepted in the network when you send them to the server. It is known as the man in the middle attack, and it had been done before via malicious tor exit nodes which deciphered the encrypted keys to the blockchain.info wallets, and then their operators stole the coins from these wallets.
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Cordillera
Member
Offline
Activity: 154
Merit: 16
John 3:16/John 14:6
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November 12, 2017, 12:20:54 PM |
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For me Blockchain better than Xapo because Blockchain stores encrypted files on its servers as a backup, When you log into a Blockchain wallet, the wallet fetches that file and decrypts it. It means that Blockchain is immune to hacker attacks and can’t take transaction fees. while Xapo is younger than Blockchain tharefore Blockchain is better for me
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Mr. Legendaris
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November 14, 2017, 02:39:22 PM |
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For me Blockchain better than Xapo because Blockchain stores encrypted files on its servers as a backup, When you log into a Blockchain wallet, the wallet fetches that file and decrypts it. It means that Blockchain is immune to hacker attacks and can’t take transaction fees. while Xapo is younger than Blockchain tharefore Blockchain is better for me Yes I agree, I think blockchain is the first choice of web wallet, the simplest features and the cheapest transaction cost being my consideration that will continue to use web wallet from blockchain.
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QUANTOR
Newbie
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Activity: 169
Merit: 0
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November 14, 2017, 02:45:18 PM |
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I know about block chain implementations in real world, such as real estate purchasing data being stored in open source block chain environment, is there a way to use xapo in the similar way? Or is it just the alternative to block chain wallet system?
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SamsungBitcoin
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November 16, 2017, 12:52:49 PM |
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For me Blockchain better than Xapo because Blockchain stores encrypted files on its servers as a backup, When you log into a Blockchain wallet, the wallet fetches that file and decrypts it. It means that Blockchain is immune to hacker attacks and can’t take transaction fees. while Xapo is younger than Blockchain tharefore Blockchain is better for me Yes me also i choose blockchain wallet than xapo, before i love to used xapo wallet when there is no update on their system but when time come transaction fees are getting sucks it was too high that is the start many people are withdrawing their fund in that wallet and never used it again. But over all blockchain for me as my alternative bitcoin wallet
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culuuton
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November 17, 2017, 04:48:31 AM |
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For me Blockchain better than Xapo because Blockchain stores encrypted files on its servers as a backup, When you log into a Blockchain wallet, the wallet fetches that file and decrypts it. It means that Blockchain is immune to hacker attacks and can’t take transaction fees. while Xapo is younger than Blockchain tharefore Blockchain is better for me Yes I agree, I think blockchain is the first choice of web wallet, the simplest features and the cheapest transaction cost being my consideration that will continue to use web wallet from blockchain. Both xapo and blockchain wallet are safe, secure and will get the job done in most cases. I also agree blockchain does have more security features when compared to xapo.
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thinkdifferent
Full Member
Offline
Activity: 212
Merit: 100
ASK ME FOR LOANS
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November 17, 2017, 08:01:38 AM |
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For me Blockchain better than Xapo because Blockchain stores encrypted files on its servers as a backup, When you log into a Blockchain wallet, the wallet fetches that file and decrypts it. It means that Blockchain is immune to hacker attacks and can’t take transaction fees. while Xapo is younger than Blockchain tharefore Blockchain is better for me Yes I agree, I think blockchain is the first choice of web wallet, the simplest features and the cheapest transaction cost being my consideration that will continue to use web wallet from blockchain. Both xapo and blockchain wallet are safe, secure and will get the job done in most cases. I also agree blockchain does have more security features when compared to xapo. Also, Blockchain provides you with an options to choose your own transaction fee but XAPO doesn't provide this option.
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ASK ME FOR LOANS
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sunsilk
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November 17, 2017, 08:35:49 AM |
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I know about block chain implementations in real world, such as real estate purchasing data being stored in open source block chain environment,
You are talking about the blockchain network and this thread is not intended to discuss about that thing. is there a way to use xapo in the similar way?
Yes, xapo also uses blockchain technology if you want to inline your post about the network. Or is it just the alternative to block chain wallet system?
"Xapo or blockchain", this thread is merely talking about the blockchain.info web wallet.
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FLoving
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November 18, 2017, 02:06:29 PM |
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xapo is good but blockchain is better
Probably yes, Xapo is the good kind of wallet ( but like you said ) Blockchain is much better than Xapo because it's secure. I would go for the Blockchain because its more secure and also way more trusted than than the other wallet of these days to be honest.
I'm also using blockchain.info for my bitcoin , and yes that is good wallet because its the best for the online wallet and there are 2FA authentication to secure our bitcoin. If we talk about the security of both of them then I think both of them are very secure.. I am using both of them from an year and I do not have faced any issue from them while if we talk about the expenditure then I will suggest for to use blockchain because the fees of blockchain is very low and you can set your own fees while xapo has a high fees.
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tabas
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November 18, 2017, 10:01:13 PM |
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Also, Blockchain provides you with an options to choose your own transaction fee but XAPO doesn't provide this option.
I'm checking that feature from time to time and it's totally low but I tried to transact with that fee and it's effective though it's very low. It's still better to rely with blockchain.info's recommended fee if you don't want to get any headache.
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yojodojo21
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November 19, 2017, 03:01:20 AM |
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Both party are safe and secured, but, you cannot really say that it is a good storage if you put huge amount of crypto currency since that web wallet sites knows your informations . there are known whales in the industry of crypto/digital currency who doesn't use web wallets they prefer desktop wallet, own private keys and very own wallet.
Xapo and blockhain supports many web wallets, they are really safe but don't let your guard down.
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Cryptoshaft
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November 19, 2017, 03:05:50 AM |
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both is just as good and secure, but if you want a full control of your bitcoin (signing message, etc) you need to use blockchain, but for transactional, just use xapo
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Fatunad
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November 19, 2017, 09:22:24 AM |
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xapo is good but blockchain is better
Probably yes, Xapo is the good kind of wallet ( but like you said ) Blockchain is much better than Xapo because it's secure. I would go for the Blockchain because its more secure and also way more trusted than than the other wallet of these days to be honest.
I'm also using blockchain.info for my bitcoin , and yes that is good wallet because its the best for the online wallet and there are 2FA authentication to secure our bitcoin. If we talk about the security of both of them then I think both of them are very secure.. I am using both of them from an year and I do not have faced any issue from them while if we talk about the expenditure then I will suggest for to use blockchain because the fees of blockchain is very low and you can set your own fees while xapo has a high fees. We do have the same opinion here about between two wallet and if we do try to compare the fees then i would really go for blockchain since we can able to set dynamic fees regarding or depending on our needs on how long it would be confirmed.On what i am doing when i do see that the network isnt congested i do set only small fees lower than on the amounts suggested just to save up more satoshis on such transfer.I dont bother on the confirmation because it wont really took so long since network isnt too traffic and im sure that transactions would really be broadcasted easily.
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