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Author Topic: What is the difference?  (Read 1830 times)
AdolfinWolf
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December 09, 2016, 09:45:01 PM
 #21

What is the difference between webclient wallet and another one? Can the web account can sign for the ownership?

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Posted From bitcointalk.org Android App

Webclient bitcoin adresses like blockchain.info are easier to understand and use, however, desktop wallets, from https://bitcoin.org, are more secure, since you are controlling completely controlling your own coins.
Paper wallets are good if you are going to use bitcoin as a method to spare money, but useless if you want to actively use bitcoin.
you are able to sign messages with both of the wallets, the desktop and webclient one.

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hase0278
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December 10, 2016, 12:49:38 AM
 #22

The difference between a web wallet and a desktop wallet are the following. First is that web wallet is more portable since you can use it even when you are not in front of your computer. On the other hand, a desktop wallet is more secure to use since you are the one controlling your private keys, not the ones who own the web wallet. Using web wallet is ok though as long as your trust the one you use like blockchain.
alphablitzer
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December 11, 2016, 03:39:35 PM
 #23

The difference between a web wallet and a desktop wallet are the following. First is that web wallet is more portable since you can use it even when you are not in front of your computer. On the other hand, a desktop wallet is more secure to use since you are the one controlling your private keys, not the ones who own the web wallet. Using web wallet is ok though as long as your trust the one you use like blockchain.

I understand that web wallet for portability, and you will just need an internet access?

For the full control that you have using a desktop wallet, how can you prevent hackings of that wallet?
Deep In The Mines LLC
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December 12, 2016, 07:00:54 AM
 #24

Simplified, with web-wallets you risk the exchange (or wallet-holder) service to remain up so yo may be able to access your Bitcoins, it also entails you extra risk, if said exchange is breached and the accounts in it are "hacked" then you will lose your coins, also if your computer is breached you are probably gonna lose your coins if they are aiming for them (weither its a wallet or a web wallet).


As you can see, using a web wallet means you risk losing your coins if the Web Wallet service messes up somehow (E.G: They get hacked), but you can also lose your coins if your computer gets hacked.

In the other hand, using a wallet in your computer means you only have to worry about your computer getting hacked, not the exchange or web wallet holder, thus less risk, more control over your money, and greater peace of mind althrough at slightly more inconvenience (backing up the wallet file) depending on which wallet you choose.

Further thing to note: 2FA can be useful, but I think some none web-wallets also probably implement it.

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