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Author Topic: Is blockchain.info trustworthy?  (Read 330 times)
bitbit
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April 03, 2013, 02:38:39 AM
 #1

I'm not exactly a computer geek, so I was planning to store my coins at blockchain.info (online wallet). But then I read this thread:

https://bitcointalk.org/index.php?topic=33835.0

Are the blockchain guys trustworthy, or are there better options for me?
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April 03, 2013, 05:59:04 AM
 #2

blockchain.info is pretty much as safe/secure as the lightweight clients (Electrum & MultiBit).

Your private keys are encrypted/decrypted in your browser and only the encrypted form is stored on their servers.  They do not receive a copy of your password.  So they cannot spend/steal your bitcoins unless the program that runs in your browser is modified.  If that program is modified, you will likely hear about it in these forums.

Make sure that you have a backup copy of your wallet sent to you on a regular basis so you can still access your bitcoins if the website is shut down.

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