Which wallet are you using?

[dareminator]

Using Bitcoin-Qt and Litecoin-Qt

[1715125031]

1715125031

[dareminator]

Also, I am curious if the online wallet breakins we keep hearing are due to the site's own security, or a lapse on the user's part (weak passwords, keyloggers, etc).

[DannyHamilton]

Also, I am curious if the online wallet breakins we keep hearing are due to the site's own security, or a lapse on the user's part (weak passwords, keyloggers, etc).

I don't think there is a clear answer on this yet.

There has been some discussion about several of the "break-ins" involving accounts with poor password security (same password used on multiple sites, and/or weak passwords).

There has also been some discussion about the possibility of weakness in the smartphone app where the password was stored in cleartext.

I think I remember there being some discussion about the potential for users to have encountered malware that may have captured passwords as well.

[Wed]

Bitcoin-QT of course. I love it

[Kickingpanda]

Blockchain as well...
Their iOS app isn't the greatest though.

[digdan]

I have tried many wallets.

I currently use blockchain or bitcoin-qt

[M2]

Just bitcoin-qt
bitcoin-cutie haha

[cdawson023]

That depends on how secure your password is.

If your password is "abc123", you will almost certainly lose your bitcoins to theft eventually.

If your password is "b678VvQ&*o78bvn2cv67^%@Ip59X#4x35Z", then it is probably secure enough.

By the way, late reply I know, but XKCD has a great comic about password entropy which you can find here. "Through 20 years of effort, we’ve successfully trained everyone to use passwords that are hard for humans to remember but easy for computers to guess."

I don't think there is a clear answer on this yet.

There has been some discussion about several of the "break-ins" involving accounts with poor password security (same password used on multiple sites, and/or weak passwords).

There has also been some discussion about the possibility of weakness in the smartphone app where the password was stored in cleartext.

I think I remember there being some discussion about the potential for users to have encountered malware that may have captured passwords as well.

I agree about there being no clear answer - each case of theft is different and I've heard many stories of people having their coins stolen, not just from blockchain.info. There are numerous means that attackers can use to access your wallet, and protecting yourself from each threat should be of the utmost concern to every bitcoin user. I detailed in a previous post the steps that blockchain.info users can take to protect themselves, but honestly, I have to wonder why you would use a currency that was basically designed to circumvent banks and then entrust your money to an entity which is basically just a different form of bank.

I get that it's convenient. I just mean that if something does go wrong, you were pretty much asking for it.

[debianlinux]

If your password is "b678VvQ&*o78bvn2cv67^%@Ip59X#4x35Z", then it is probably secure enough.

How did you get the combination to my luggage?

[Jnitngle]

So which wallet are people using?

I know there's the "official" Bitcoin-Qt, but also Electrum, Armory, MultiBit, etc. So far, I've been using Qt but am getting annoyed at the transaction fees I have been paying to send BTC.

Any suggestions, and please give a reason. Thanks!

I use Armory and Bitcoin-Qt

[Conurtrol]

Bitcoin-QT

[FinShaggy]

Devda.ch

[swaits]

I keep a small amount in an online wallet with a strong password and two factor authentication. The rest stays in several cold addresses.

[biladelph]

I'm new to bitcoins and was suggested to go with blockchain.info. I think once I get a significant amount of BTC I'll switch over to the qt client.

[Lorren]

I use Blockchain backed up with MultiBit.  I like that program because I sold my kid's savings bonds and put it into Bitcoin, so I can keep their wallets in the program, along with mine.

[underachiever]

Just the regular QT client.  With an encrypted wallet.dat and file system encryption and several offline backups.

[rockinride]

Bitcoin-QT although I am considering multibit

[andrewsg]

bitcoin-qt. the whole point of bitcoin is to be able to remove trust from third parties, so to me, it doesn't really make sense to use anything else.

thanks,

+1

[mazza]

Bitcoin-QT and blockchain. I find wallets very confusing though.

[rockinride]

Bitcoin-QT and blockchain. I find wallets very confusing though.

What do you find confusing about them more specifically, I can probably help, as I was a bit confused initially also.