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Author Topic: Best wallet to choose ?  (Read 982 times)
MadGod11 (OP)
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February 19, 2017, 10:01:04 PM
 #1

As a newbie in BTC Bitcoin world, im asking about the best wallet i can choose between those on windows :

1-Bitcoin KnotsBitcoin
Knots
2-Bitcoin CoreBitcoin
Core
3-MultiBit HDMultiBit HD
4-ArmoryArmory
5-ElectrumElectrum
6-mSIGNAmSIGNA
7-BitherBither
8-ArcBitArcBit
9-CopayCopay
10-BitGoBitGo
11-GreenAddressGreen
Address
 Huh Huh Huh
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February 20, 2017, 02:18:19 AM
 #2

As a newbie in BTC Bitcoin world, im asking about the best wallet i can choose between those on windows :

1-Bitcoin KnotsBitcoin
Knots
2-Bitcoin CoreBitcoin
Core
3-MultiBit HDMultiBit HD
4-ArmoryArmory
5-ElectrumElectrum
6-mSIGNAmSIGNA
7-BitherBither
8-ArcBitArcBit
9-CopayCopay
10-BitGoBitGo
11-GreenAddressGreen
Address
 Huh Huh Huh
Where did you get this list?

This is the list of all types of wallets, you can find here full validation wallets like Bitcoin Core or Armory,
SPV wallets like Electrum or Multibit and wallets that will require you to share control over your Bitcoins with 3rd party, like - Green Address.

I recommend Electrum, it is a HD lightweight wallet (meaning that you won't have download whole blockchain) with good privacy and security options
(even though it relies on external servers to work).

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February 20, 2017, 05:17:09 AM
 #3

read this topic in the beginners and help board: https://bitcointalk.org/index.php?topic=1631151.0
in the end you don't have to only choose one, you should choose multiple wallets for multiple usages. for example a cold storage for keeping majority of your bitcoin wealth and a web wallet for small amounts to spend.

also this may be helpful:

https://bitcointalk.org/index.php?topic=1661543.0

.
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February 20, 2017, 05:22:40 AM
 #4

Unless you are planning to store large amounts of bitcoins then I suggest going with Electrum , It doesn't require downloading the full blockchain , It's possible to export your private keys and they also give you a 12 words passphrase which you should keep safe (It will allow you to recover your wallet anytime anywhere) , that could helpful In case of a computer failure or forgetting your password.

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February 20, 2017, 07:58:13 AM
 #5

I have a big guess that those wallets mentioned above are from this list https://bitcoin.org/en/choose-your-wallet. And all I can suggest is electrum wallet as it is so easy to use without trouble and a lightweight desktop as you don't need to download the whole blockchain that is required for those other desktop wallet that you mentioned.
MadGod11 (OP)
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February 20, 2017, 06:50:42 PM
 #6

thank you all for help and advice i appreciate that from you and im very thankful Cheesy Grin,

I have a big guess that those wallets mentioned above are from this list https://bitcoin.org/en/choose-your-wallet. And all I can suggest is electrum wallet as it is so easy to use without trouble and a lightweight desktop as you don't need to download the whole blockchain that is required for those other desktop wallet that you mentioned.
  Roll Eyes well yes i got that list from  https://bitcoin.org/en/choose-your-wallet

Unless you are planning to store large amounts of bitcoins then I suggest going with Electrum , It doesn't require downloading the full blockchain , It's possible to export your private keys and they also give you a 12 words passphrase which you should keep safe (It will allow you to recover your wallet anytime anywhere) , that could helpful In case of a computer failure or forgetting your password.


you both guys mentiond "the full blockchain" i hope you explain me more about that i didnt got it well what is that full blockchain.  Huh

read this topic in the beginners and help board: https://bitcointalk.org/index.php?topic=1631151.0
in the end you don't have to only choose one, you should choose multiple wallets for multiple usages. for example a cold storage for keeping majority of your bitcoin wealth and a web wallet for small amounts to spend.

also this may be helpful:
https://i.imgur.com/xrLUueV.jpg
https://bitcointalk.org/index.php?topic=1661543.0

thank you i found this schema very useful it helped me a lot to understand the systematic use of wallets and their benefits by the deversity of their types.  Cheesy
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February 20, 2017, 07:14:03 PM
 #7

The blockchain is basically the public ledger of all bitcoin transaction that ever happened , If you are okay with downloading it (which is +100GB right now afaik) and will keep growing over the years then I suggest going with Bitcoin Core as It's the official bitcoin client otherwise just go with Electrum as I already said.

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MadGod11 (OP)
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February 20, 2017, 09:46:37 PM
 #8

The blockchain is basically the public ledger of all bitcoin transaction that ever happened , If you are okay with downloading it (which is +100GB right now afaik) and will keep growing over the years then I suggest going with Bitcoin Core as It's the official bitcoin client otherwise just go with Electrum as I already said.
thank you so much u made everything clear bro, i already started with Electrum Cheesy
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February 26, 2017, 04:03:22 PM
 #9

iam choose eletrrum, because is very fast syncronize or without sncronize
and suppport portable wallet, so without install can run too
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March 09, 2017, 01:56:51 PM
 #10

I'd say BTC.com


The wallet has these features:

HD Wallet
Multi-Sig
Easy to use
Easy sending to contacts
*Along many other features.


Also, we are backed by Bitmain Technologies, biggest bitcoin mining manufacturer.


We will be accepted to Bitcoin.org this week

DEMAND STRATUMV2 MINING POOL: DMND.WORK
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March 09, 2017, 04:31:40 PM
 #11

Electrum, if you have enough space then Armory or Core.

If hardware then Trezor
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March 11, 2017, 11:02:21 AM
 #12

1-Bitcoin KnotsBitcoin
Knots
2-Bitcoin CoreBitcoin
Core
3-MultiBit HDMultiBit HD
4-ArmoryArmory

5-ElectrumElectrum
6-mSIGNAmSIGNA
7-BitherBither
8-ArcBitArcBit
9-CopayCopay
10-BitGoBitGo
11-GreenAddressGreen
Address

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
Kevin77
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March 11, 2017, 11:40:37 AM
 #13

Is always highly suggested to start with web wallets services for the newbies as they might get failed to secure their standalone wallets. The web wallets are suggested just due to easy securing like what we usually do with our email accounts.

After getting some good knowledge on bitcoin ecosystem and how to secure our wallet and how to securely backup it and more importantly after bought/collected some decent amount of bitcoin, it is recommended to switch over to one or two stand alone wallets listed on op.
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March 11, 2017, 01:04:22 PM
 #14

If is a large amount then I would recomend Trezor

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
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March 11, 2017, 06:15:14 PM
 #15

1. If you are newbie and not familiar with how bitcoin works than --- coinbase and xapo

2. If you know little bit about bitcoin (about address, privatekey, transaction fees) ---- blockchain.info web/mobile wallet

3. If you know how to import, export, backup, create bitcoin address ---- electrum

4. If you like to store huge amount of bitcoin and spend them daily securely --- Trezor (hardware wallet)

5. If you like to save some bitcoin for long term without spending --- Paper wallet (put in safe place)

 
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March 11, 2017, 09:52:55 PM
 #16

It is never never even heard of almost all these wallets

I use only Coinbase and Xapo
but any currency exchange can be you wallet
more recently,I use only cryptopay because I have there debt card
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March 11, 2017, 11:13:42 PM
 #17

I'm not familiar with most of the wallets on the list. I'm familiar with a few ones like electrum. But I do prefer to use wallet with blockchain.info and xapo.  Of the time I've been using blockchain.info though the forum recommending and advertising bitcoin core. Its just a matter of confidence and convenience.



 

 

 

 

 

 


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March 12, 2017, 12:48:54 AM
 #18

It is never never even heard of almost all these wallets

I use only Coinbase and Xapo
but any currency exchange can be you wallet
more recently,I use only cryptopay because I have there debt card
Its because all wallets mentioned by OP is a desktop wallet while you are using is obvious a web wallets and exchange site also as coinbase. Maybe you are true that any exchange can be your wallet but its not safe to store your coins in any site like that which is you dont have the control over your bitcoins.
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March 13, 2017, 08:18:52 AM
 #19

All wallets are good, but I suggest using the recommendation from: https://bitcoin.org/en/choose-your-wallet

If you use the wallet of the exchanger, you should only use it for transactions (not to store long term).
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March 13, 2017, 01:31:07 PM
 #20

The first thing is you have to choose wich type of wallet do you prefer: client, web based, android app, paper wallet, ect... Most newbies like to start with a web based wallet such as coinbase. Personnally, even if you have a preference i recommand you to try every type of wallets, at least you can learn more efficently how to use bitcoin, don't limit yourself to one type of wallet only, if you plan to understand fully how bitcoin works.

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