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Author Topic: How are you storing your ethereum?  (Read 4718 times)
Truthchanter (OP)
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April 24, 2017, 05:37:56 PM
 #1

The regular wallet (mist/geth) took up 20gb the last time i tried it and either has to be running all the time or takes hours to update to use (from what i remember)

Any alternatives, especially liteweight, out there besides just storing them on exchanges?
krisnajsadrak
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April 24, 2017, 06:01:21 PM
 #2

The regular wallet (mist/geth) took up 20gb the last time i tried it and either has to be running all the time or takes hours to update to use (from what i remember)

Any alternatives, especially liteweight, out there besides just storing them on exchanges?

why you don't try to keep your eth on https://www.myetherwallet.com
its easy to use,,

i hope it help
regards

nemgun
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April 24, 2017, 06:34:59 PM
 #3

The regular wallet (mist/geth) took up 20gb the last time i tried it and either has to be running all the time or takes hours to update to use (from what i remember)

Any alternatives, especially liteweight, out there besides just storing them on exchanges?

You can use Parity, and prune the chain. you will have access to a fully functional node with less blockchain size, with some limitations.

Or fetch for some ethereum lightwallets, but you won't have any RPC or console possibilities as it is the point of lightwallets.

If you just need to store ethers, you can use Exodus or Jaxx.
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April 24, 2017, 07:46:55 PM
 #4

I store them using MyEtherWallet which is a great mix of security and ease of use. It is an open-source lightweight client requiring no synchronisation. Simply the best Ethereum storing method out there, hands down !

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April 24, 2017, 08:58:28 PM
 #5

The regular wallet (mist/geth) took up 20gb the last time i tried it and either has to be running all the time or takes hours to update to use (from what i remember)

Any alternatives, especially liteweight, out there besides just storing them on exchanges?

myetherwallet
Easy to use, and does not take up space on the computer)

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Ale88
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May 07, 2017, 10:15:56 AM
 #6

But MyEtherWallet is only online, right? And if happens something to the website? Will it be possible to get back the money?

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enhu
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May 07, 2017, 10:22:59 AM
 #7

myetherwallet.com is so great that you can store different kind of tokens which is why this is also what I'm using. I'm storing my GUP, ICN, EDGELESS and Xaurum in myetherwallet. I will also add some Taas TOken later once its available in the exchanges. What I like so much of it is that you can use it offline by downloading the zip file of it.

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senyorito123
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May 07, 2017, 10:31:17 AM
 #8

The regular wallet (mist/geth) took up 20gb the last time i tried it and either has to be running all the time or takes hours to update to use (from what i remember)

Any alternatives, especially liteweight, out there besides just storing them on exchanges?

Why using that hassle wallet while theirs myetherwallet existing? Just listen to the other suggestion since this wallet can assure that you wouldn't get pain in the ass if you want to transact you eth as soon you would need it but you need  some extra balance for gas up.

But if you want to store in exchanger well much better if you separate your eth and don't put all you have on one basket.


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randomdude
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May 08, 2017, 12:30:30 AM
 #9

But MyEtherWallet is only online, right? And if happens something to the website? Will it be possible to get back the money?

Rule of thumb: forget about 'web wallets'.

I'll say it again: do not store your coins on third parties' servers. This practice goes against the core idea of a decentralized currency and puts your assets at risk.

Always store your coins on a device that you personally own and control. Your least secure option is to use a mobile wallet. There are many mobile wallet apps on the market, but I won't recommend any of them because they inherit all the security flaws of the underlying platform - be it iOS or Android.

A better option is to use a desktop wallet (assuming you're using a Unix-based operating system, i.e. Linux or macOS). Check out Exodus - it's a clean, lightweight, cross-platform wallet app that handles ETH, BTC and a bunch of other assets.

The most secure way is to use a hardware wallet such as Trezor or KeepKey.
Ale88
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May 08, 2017, 07:40:42 AM
 #10

Rule of thumb: forget about 'web wallets'.

I'll say it again: do not store your coins on third parties' servers. This practice goes against the core idea of a decentralized currency and puts your assets at risk.
Biggest problem at the moment are Ripple, except GateHub I didn't find anything else...  Undecided

Quote
A better option is to use a desktop wallet (assuming you're using a Unix-based operating system, i.e. Linux or macOS). Check out Exodus - it's a clean, lightweight, cross-platform wallet app that handles ETH, BTC and a bunch of other assets.
I've never heard about Exodus, I'll do some research about it  Wink

Quote
The most secure way is to use a hardware wallet such as Trezor or KeepKey.
Yeah, I'm actually seriously thinking about getting KeepKey!

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davhek
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May 08, 2017, 12:25:47 PM
 #11

My ether wallet and if you have trezor you can add an aextra protection with it.
For me myetherwallet is the best

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May 08, 2017, 12:39:23 PM
 #12

You can use Jaxx or Myetherwallet if you're worried about space and like the features that they offer (several coins, several gadgets (chrome extension, mobile apps, etc.). It is relatively safe (I believe that you're only 100% free of external interference using hardware or paper wallets). Do some research and give a try on what suits you best.

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gluedog
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May 08, 2017, 04:53:18 PM
 #13

But MyEtherWallet is only online, right? And if happens something to the website? Will it be possible to get back the money?

Rule of thumb: forget about 'web wallets'.

I'll say it again: do not store your coins on third parties' servers. This practice goes against the core idea of a decentralized currency and puts your assets at risk.

Always store your coins on a device that you personally own and control. Your least secure option is to use a mobile wallet. There are many mobile wallet apps on the market, but I won't recommend any of them because they inherit all the security flaws of the underlying platform - be it iOS or Android.

A better option is to use a desktop wallet (assuming you're using a Unix-based operating system, i.e. Linux or macOS). Check out Exodus - it's a clean, lightweight, cross-platform wallet app that handles ETH, BTC and a bunch of other assets.

The most secure way is to use a hardware wallet such as Trezor or KeepKey.

Come on guys, do you even know how www.myetherwallet.com even works? Do you know what a client-side wallet even is?

https://www.myetherwallet.com is a nice CLIENT-SIDE (javascript) wallet.

You have to have the wallet.dat on your PC for it to work.
If anything happened to the website, nothing would happen to your wallet.

It's very good if you do not want to download the whole blockchain on your PC and be able to access your wallet from everywhere.

https://www.myetherwallet.com doesn't actually have any of your wallet's information, because it's client-side.

They do however hold a copy of the blockchain so that you don't need to download it.


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May 08, 2017, 09:08:11 PM
 #14

Come on guys, do you even know how www.myetherwallet.com even works? Do you know what a client-side wallet even is?
You might be right on myetherwallet.com. I was talking about server-side wallets.
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May 09, 2017, 01:41:49 AM
Last edit: May 10, 2017, 01:41:08 AM by bohr
 #15

The regular wallet (mist/geth) took up 20gb the last time i tried it and either has to be running all the time or takes hours to update to use (from what i remember)

Any alternatives, especially liteweight, out there besides just storing them on exchanges?

why you don't try to keep your eth on https://www.myetherwallet.com
its easy to use,,

i hope it help
regards
This is what I use as well, it is easy to use and secure enough if you don’t have a lot of funds so you may try it if you like opener.
KesoNie
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May 09, 2017, 03:32:40 AM
 #16

The regular wallet (mist/geth) took up 20gb the last time i tried it and either has to be running all the time or takes hours to update to use (from what i remember)

Any alternatives, especially liteweight, out there besides just storing them on exchanges?

im using an online wallet for my eth, its safe i thinkg because of the site securities and I believe its safe because my friends are using the same wallet like mine, they are completely trust this wallet like the way i did.
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May 09, 2017, 04:38:52 AM
 #17

I only ever kept mine on an exchange as I wasn't ever really pleased with the ETH wallets. Trezor does support storing ETH if you have one and would probably be one of the better methods of storing it.
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May 09, 2017, 04:43:19 AM
 #18

Coinbase has been working out fine for me and I trust them to a degree.  I do not trust them on some things that are important, however. I am speaking of privacy. I am also speaking of the length of time that purchases done through Coinbase always take 10 days or more to appear in my wallet  I have much to learn about how to best take advantage of anonymity.  I believe anonymity is important to the future of cryptocurrency.
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May 10, 2017, 05:08:38 AM
 #19

i store my ETH my online wallet that i can keep alt coin.


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May 10, 2017, 05:56:18 AM
 #20

for me I store my ethereum coin online because the site of my ethereum wallet is legit and no history record of scam.
It is recommended to store it online than to create on your pc wallet.

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