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Author Topic: Best wallet for potential fork.  (Read 5593 times)
aesma
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July 06, 2017, 05:05:10 AM
 #21

The wallet doesn't matter. I think that's something that is not explained enough. The wallet is just an interface to your "bank account", it isn't your bank account. The bank account is the private key. You can use 10 wallets AT THE SAME TIME with the same key, it doesn't matter (of course if you send several transactions from several wallets, it will be messy).

Conversely, if you don't have the private keys, you don't control your "bank account".

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CoinTek
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July 13, 2017, 12:24:48 PM
 #22

Regardless, I would be wary of online or wallets connected to the internet there are so many cases of fraud especially when there is a fork given the confusion, etc.
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July 13, 2017, 12:41:59 PM
 #23

If you're going to use a desktop wallet like myself I would recommend using the elctrum desktop wallet. Extremely leightwheigt (no need to download the entire blockchain) and it supports a potential fork. If you're going for a hardware wallet you probably want to consider a trezor hardware wallet.
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July 13, 2017, 12:55:18 PM
 #24

I would go with either a hardware wallet such as Trezor or Ledger, or even a desktop installed wallet like Exodus.

Any wallet that gives you access to your private keys should suffice.

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July 15, 2017, 12:48:24 AM
 #25

I really like Armory .... never had any problems with it ...

ps-> sometimes I even think that I can blame the compiler LoL  Grin

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July 15, 2017, 03:05:20 AM
 #26

There are many wallets,
Trezor is one of the best wallet.
I'm using it, operating system is very easy and also safe.
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July 15, 2017, 11:51:31 PM
 #27

Exodus is a great wallet. Just make sure you export and back up your private keys just in case.

Here's a tutorial on how to do that - http://support.exodus.io/knowledge_base/topics/how-can-i-view-my-private-keys-1

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July 16, 2017, 09:04:00 AM
 #28

any wallet that supports private keys export/import is fine
if you ask for a particular recommendation,I would suggest Electrum or Trezor
if you don't have a hardware wallet,go for Electrum-it is great and easy to use
here you can find info on how to sweep/import your private keys to Electrum:
http://docs.electrum.org/en/latest/faq.html#can-i-sweep-private-keys-from-other-bitcoin-clients
http://docs.electrum.org/en/latest/faq.html#can-i-import-private-keys-from-other-bitcoin-clients

here you can read a short article on sweep vs import:
https://99bitcoins.com/know-more-private-key-import-vs-sweep-difference/

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mahdaoui imad
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November 03, 2017, 02:44:07 PM
 #29

But I do have keys and my wallet seems pretty pro and has lots of support. It all just seems a bit vague for us crypto investors that are not tech savvy.
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November 03, 2017, 03:02:34 PM
 #30

I'm using it, operating system is very easy and also safe.
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November 03, 2017, 03:32:56 PM
 #31

So ı have my bitcoins on Bitpay which gived me a private key. But it is online as you know and there is an alert on the bitcoin.org website about Bitpay. ( https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety )

I am confused. Do i have to send my coins to core wallet or it is ok to store in Bitpay? If i need to send, is there a problem with this transaction? Becouse i have it on Bitpay before 25/10.

I hope someone can help me with it.
Thanks.
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November 03, 2017, 04:02:44 PM
 #32

So ı have my bitcoins on Bitpay which gived me a private key. But it is online as you know and there is an alert on the bitcoin.org website about Bitpay. ( https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety )

I am confused. Do i have to send my coins to core wallet or it is ok to store in Bitpay? If i need to send, is there a problem with this transaction? Becouse i have it on Bitpay before 25/10.

I hope someone can help me with it.
Thanks.

From what I read, you can get the private key from the bitpay wallet and therefore you should be able to retrieve the new coins.

But this is up to the wallet service, in this case Bitpay.

They could make it easy or hard.
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November 03, 2017, 05:13:22 PM
 #33

Electrum has been my main wallet throughout all the previous forks and I've never encountered any problems in the process of using it. Of course if you want to be 100% sure you can also use the standard bitcoin core wallet but you have to take into account that you will have to download the entire blockchain (about 140 gigs at the time of writing this). Either way, whichever wallet you pick make sure you have full access to your coins (= have access to your private keys).
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November 03, 2017, 06:10:57 PM
 #34

Electrum has been my main wallet throughout all the previous forks and I've never encountered any problems in the process of using it. Of course if you want to be 100% sure you can also use the standard bitcoin core wallet but you have to take into account that you will have to download the entire blockchain (about 140 gigs at the time of writing this). Either way, whichever wallet you pick make sure you have full access to your coins (= have access to your private keys).

I have the private ket that Bitpay has given to me but the alert message that i mentioned above has confused me. Thank you for your reply.
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November 04, 2017, 02:21:48 AM
 #35

If you are not going to buy and sell, the best is the paper wallet.
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November 04, 2017, 12:37:59 PM
 #36

If you're going to use a desktop wallet like myself I would recommend using the elctrum desktop wallet. Extremely leightwheigt (no need to download the entire blockchain) and it supports a potential fork. If you're going for a hardware wallet you probably want to consider a trezor hardware wallet.
I do know that Electrum is a good wallet but I don't wanna risk my coins on a PC. Since it is more prone to viruses it is not as safe as keeping the coins on your phone wallet. In addition to that, we can open and watch it anytime we want.
any wallet that supports private keys export/import is fine
if you ask for a particular recommendation,I would suggest Electrum or Trezor
if you don't have a hardware wallet,go for Electrum-it is great and easy to use
here you can find info on how to sweep/import your private keys to Electrum:
http://docs.electrum.org/en/latest/faq.html#can-i-sweep-private-keys-from-other-bitcoin-clients
http://docs.electrum.org/en/latest/faq.html#can-i-import-private-keys-from-other-bitcoin-clients

here you can read a short article on sweep vs import:
https://99bitcoins.com/know-more-private-key-import-vs-sweep-difference/
What do you think about mycelium wallet. Will it do the job since it gives the seed with the backup of 12 words.
I guess this will workout. But I don't know how to claim the B2X. Does any wallet supports the seed from mycelium ?














 

 

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YayProto
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November 04, 2017, 12:43:33 PM
 #37

usb-stick wallet is best choice.
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November 04, 2017, 01:18:32 PM
 #38

The most reliable purse is Ledger Nano S, this is an offline purse-flash drive, in 24 codes you write down on paper and hide it so that in case you lose or steal a USB flash drive you can order the same and restore all data

https://www.ledgerwallet.com/
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November 04, 2017, 02:13:37 PM
 #39

I have decided to use Electrum. Its easy to install and you won't need to download the blockchain.

It provides easy options to save your private keys in JSON or CSV format. The files would be safer if you copy them and keep in an offline media.



Delete them from your PC once exported and keep in mulitple offline places. 2 cheap USB drives and writing a CD just in case should be enough.

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November 05, 2017, 05:59:32 AM
 #40

But I do have keys and my wallet seems pretty pro and has lots of support. It all just seems a bit vague for us crypto investors that are not tech savvy.


Because the word "wallet" is very misleading. The blockchain holds the data and the "wallet" is a means of creating new blockchain entries and/or checking on existing blockchain entries.

Wallet software must assemble a transaction and send it to the miner pools, then the transaction is included in a block and becomes part of the chain. But the typical idea of "wallet" is something that contains something valuable. If coin could move from wallet to blockchain then wallet could contain coin. But it can't. Coin can only move from one address to another.
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