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Author Topic: Which desktop wallet is best, Bitcoin core OR Multibit ?  (Read 3752 times)
nawaraj
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October 20, 2016, 08:07:49 AM
 #1

I want to know, which desktop wallet is best, Bitcoin core OR Multibit. According to, how secure they are, how user friendly, best transaction fee.
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October 20, 2016, 09:24:54 AM
 #2

It's not easy to say which wallet is best.
Bitcoin Core is the original Bitcoin wallet and this wallet keeps updating with bitcoin development team but Bitcoin Core is a fully fledged node of the Bitcoin network and it requires the entire blockchain to run so you need many free GB's for this in your hard drive.
Multibit is more lightweight wallet and it's plus is that it doesn't require to download the entire blockchain. Multibit connects directly to the Bitcoin network and downloads only a small part of the blockchain and it doesn't take huge amount of hard drive's memory.

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October 20, 2016, 09:30:03 AM
 #3

Bitcoin core can also be run in prune mode... That way you only need about 3 Gb diskspace. You still need to sync completely, but the blocks get pruned afterwards. core 0.13.0 is deterministic, the previous versions weren't. Advanced coin controll features are there, but some might have to be used using the console.

I assume you're talking about multibit HD: this is a deterministic SPV wallet, like shield132 mentioned, it doesn't need to sync completely (only the headers), making it smaller and faster (especially initially). personally, i find multibit HD lacking advanced coin controll features, but i must say it's easy to use, and pretty to look at Smiley.

AFAIK, both are safe to use, as long as you backup the seed (or wallet.dat), keep your pc malware free and chose a strong password.

You must realise you're not paying the transaction fee to the maker of the wallet, it's a fee that is payed to make sure the miners have an incentive to add your transaction to a block. So, it might not be wise to pick the wallet that lets you create transactions with the smallest fees, because those transactions might end up "hanging" or even "forgotten" by the nodes.

Personally, i prefer electrum, because it has a lot of coin controll features (like core, but i find the coin controll features of electrum more newbie-friendly, because they can be accessed via the gui), but is deterministic and SPV like multibit HD. It is said to be less secure to a brute force attack when using a weak password tough, and it's not as pretty as multibit HD.

 

                                       
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October 20, 2016, 10:09:01 PM
 #4

"Best" depends on your need, but for regular users I'd say Copay is best.

Definitely more user friendly than Bitcoin Core or MultiBit (and also than Electrum, imho). Copay offers less advanced features, but for novice users I think it's the easiest to use, most accessible wallet.

In theory, there's no difference between theory and practice. In practice, there is.
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October 22, 2016, 05:53:29 AM
 #5

I want to know, which desktop wallet is best, Bitcoin core OR Multibit. According to, how secure they are, how user friendly, best transaction fee.

first of all transaction fee is determined by the bitcoin network not the wallet.

and for choosing the best wallet do what i did because nobody else can tell you which wallet is good for "you". go on https://bitcoin.org/en/choose-your-wallet and read more about each wallet and see which wallets look good for your needs. then build a new virtual machine and install them to test and see which one you like then stick with it.

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October 22, 2016, 06:44:42 AM
 #6

As notified earlier there are many wallets available and according to your need you can choose which wallet is fit for you,if you are looking for a light weight wallet you can check Electrum or Multibit HD, they are easy to use and have a good interface .



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October 24, 2016, 12:01:13 PM
 #7

depending on your needs, if looking for a wallet that is really lightweight try using electrum Grin
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October 24, 2016, 06:05:26 PM
 #8

Both the wallets are good, Bitcoin core is of course better as is a full node and you will need a lot of free space in your hard drive to keep the entire blockchain there. This is a downfall if you have a small hard drive but can be a big plus if you have for example 1TB or more hard drive. It means the hacker will have much more difficulties hacking Bitcoin core (if encrypted well) then he will have with Multibit.

This with the hackers is the worst case scenario and both wallets are very very difficult to hack. I would stay stick with bitcoin core if you have a really big hard drive.




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nawaraj
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October 26, 2016, 02:44:59 AM
 #9

Thanks for your suggestion. Now I get a best wallet for my desktop.  Smiley
Wendigo
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October 26, 2016, 08:21:08 PM
 #10

I want to know, which desktop wallet is best, Bitcoin core OR Multibit. According to, how secure they are, how user friendly, best transaction fee.

first of all transaction fee is determined by the bitcoin network not the wallet.

and for choosing the best wallet do what i did because nobody else can tell you which wallet is good for "you". go on https://bitcoin.org/en/choose-your-wallet and read more about each wallet and see which wallets look good for your needs. then build a new virtual machine and install them to test and see which one you like then stick with it.

Nope, people can set custom transaction fees and the quickness of block inclusion will depend on the amount. You could set less than optimal fee but your TX will get confirmed much later and vice versa. Or you could pay 1BTC in fees  Grin
TrustyTim222
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October 27, 2016, 10:22:25 PM
 #11

I just installed Multibit on my new Linux computer. I had bitcoin core on my old Windows computer - it took like 2 days to be ready to use and took forever to sync each time I started it. Multibit doesn't seem to have that problem, but I haven't done any transactions with it yet... I'm bit broke now because I completely lost my old wallet files which were worth a decent amount of mBTC when my parents made me wipe my old computer with DBAN thinking I was a hacker on the black market  Shocked Shocked Shocked I guess I kind of contributed to the inflation of where Bitcoin is now though.  Undecided Nice to see it's over $600... let's get it over 9000!
BuySomeBitcoins
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November 15, 2016, 04:37:42 AM
 #12

What is your OS ?

If you use Linux like any decent human, You should consider Electrum for daily / active transactions.
newbieXX
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November 15, 2016, 10:34:12 PM
 #13



CoPay rules! It's user friendly, looks great and is OPEN SOURCE. IMHO the best desktop client. Smiley

Potato Chips
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November 27, 2016, 11:54:19 AM
 #14

Both wallets are great and is a good storage for your bitcoins.

They're main difference is bitcoin core needs to download the whole blockchain to function so you will need to have a lot of free space in your storage.

While Multibit doesn't need to download the whole blockchain to download in short it is lightweight just like electrum.

equator
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November 27, 2016, 01:14:25 PM
 #15

I am using Electrum for the past 2 yrs and had never problem with it, even i am using coinbase and xapo but they are only for trading purpose as coinbase is blocking the account which uses for gambling. Electrum is very easy to use and takes less space
Deep In The Mines LLC
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November 29, 2016, 09:52:30 PM
 #16

Depends on your intentions, use Bitcoin Core if you wish to support the network as a Node or have advanced features, in the other hand you can use Multibit if you want fast sync and less bandwidth usage and don't care much about being a node.

However other than the two you specified, I'd pick Electrum over Multibit as i've had far more pleasant experiences with at particular Wallet, there isn't much of a difference however I feel that Electrum simply offers more.

There is also Armory if you are into security and cold storage its probably your best wallet for  that currently.

Good luck!

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Factmine
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December 01, 2016, 12:43:13 PM
 #17

I don't like Bitcoin Core because you have to download the whole blockchain. So I just use those that don't have to do this. I use Bither, since it's a wallet that is complete like a swiss army knife. It can sign and verify messages, has HD wallet, can create vanity address, import private keys, etc. I also import all my private keys to my ios wallet so that I can bring my money everywhere.

To bitcoin or not to bitcoin, that is now the question.
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