Bitcoin Forum
March 29, 2024, 02:43:20 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 3rd party bitcoin wallet which we can own the key  (Read 787 times)
redwine49 (OP)
Full Member
***
Offline Offline

Activity: 938
Merit: 111


View Profile
December 05, 2017, 06:42:41 PM
 #1

hello.... iam still newbie and want to know more about bitcoin.
anyone know something about 3rd party bitcoin wallet which we can own private key?
if we want to install bitcoin hardware wallet into cpu or notebook.
how many space do we need? and how much volume data do we need to download?

thanks for someone who has knowledge about that

╓                                        SWG.io  ⁞ Pre-Sale is LIVE at $0.13                                        ╖
║     〘 Available On BINANCE 〙•〘 ◊ ICOHOLDER ⁞ 4.45 〙•〘 ✅ Certik Audited 〙     ║
╙           ›››››››››››››››››››››››››››››› BUY  NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹           ╜
1711723400
Hero Member
*
Offline Offline

Posts: 1711723400

View Profile Personal Message (Offline)

Ignore
1711723400
Reply with quote  #2

1711723400
Report to moderator
1711723400
Hero Member
*
Offline Offline

Posts: 1711723400

View Profile Personal Message (Offline)

Ignore
1711723400
Reply with quote  #2

1711723400
Report to moderator
1711723400
Hero Member
*
Offline Offline

Posts: 1711723400

View Profile Personal Message (Offline)

Ignore
1711723400
Reply with quote  #2

1711723400
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711723400
Hero Member
*
Offline Offline

Posts: 1711723400

View Profile Personal Message (Offline)

Ignore
1711723400
Reply with quote  #2

1711723400
Report to moderator
DannyHamilton
Legendary
*
Offline Offline

Activity: 3346
Merit: 4505



View Profile
December 05, 2017, 07:47:30 PM
 #2

anyone know something about 3rd party bitcoin wallet which we can own private key?

ALL bitcoin wallets are third party wallets.

There is no official Bitcoin Company that creates a bitcoin wallet.  There is no official Bitcoin Standards organization that determines which wallets you should use.

if we want to install bitcoin hardware wallet into cpu or notebook.
how many space do we need?

I assume you are asking about non-volitile storage such as hard drive or SSD?  In that case it will depend on which wallet you choose to use and how you choose to configure it.

and how much volume data do we need to download?

That will depend on which wallet you choose to use.

exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
December 05, 2017, 08:07:33 PM
 #3

anyone know something about 3rd party bitcoin wallet which we can own private key?

Many people on this forum will suggest Blockchain.info, but I don’t trust wallets where I don’t control the software that signs my transactions. MITM attacks, malicious JS/browser attacks are possible.

Electrum is a great open-source lightweight client. It’s not a full node, but you can connect to a server that runs the client that you prefer (eg Core 0.15.1). You control the software and private keys, and it uses very little system resources or bandwidth.

if we want to install bitcoin hardware wallet into cpu or notebook.
how many space do we need? and how much volume data do we need to download?

I’m assuming you mean software wallets. Hardware wallets are external devices that can be plugged into PCs. As mentioned above, Electrum requires little space. I’m not at home to check the directory but it should be well under 100MB.

A full node like Bitcoin Core downloads the full blockchain in addition to storing other data. The blockchain alone is approaching 150GB as seen here: https://blockchain.info/charts/blocks-size If you have limited bandwidth, you may need to change settings to listen=0 or blocksonly, or otherwise throttle bandwidth. If storage space is an issue, the node can be pruned as well.

But for a newbie, I suggest Electrum, for the sake of UI in the context of limited knowledge....

nc50lc
Legendary
*
Offline Offline

Activity: 2366
Merit: 5429


Self-proclaimed Genius


View Profile
December 06, 2017, 03:26:50 AM
 #4

As a newbie, you must rely on easy-access wallets that will handle the transactions for you, give you the recommended fee and hold your funds. Like coinbase or coins depending on your area.

But since you need the private key for safekeeping, you can use blockchain.info at the moment.

Learn everything you need and when you're confident with your knowledge, start using Electum Wallet.

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
▄█████████████████████████████
█████████████████████████
████▀████████████████████
███▀█████▄█▀███▀▀▀██████
██▀█████▄█▄██████████████
██▄▄████▀▄▄▄▀▀▀▀▀▄▄██████
█████▄▄▄██████████▀▄████
█████▀▄█▄██████▀█▄█████
███████▀▄█▀█▄██▀█▄███████
█████████▄█▀▄█▀▄█████████
█████████████████████████
█████████████████████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
      OUR      
PARTNERS

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
▄█████████████████████████████
████████▀▀█████▀▀████████
█████▀█████████████▀█████
████████████████████████
███████████████▄█████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████▀█████████
████████████████████████
█████▄█████████████▄█████
████████▄▄█████▄▄████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
   INVEST   
BITCOIN

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
Hy1085
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile
December 06, 2017, 06:39:18 AM
 #5

Ledger Nano S is a common hardware wallet, hardware is the safest for store crypto
hasmukh_rawal
Copper Member
Full Member
***
Offline Offline

Activity: 490
Merit: 105


★777Coin.com★ Fun BTC Casino!


View Profile
December 06, 2017, 01:09:11 PM
 #6

Quote
anyone know something about 3rd party bitcoin wallet which we can own private key?
All the wallets out there are 3rd party wallets since Bitcoin itself is a decentralized currency. There are many reliable wallets which lets you control your wallet's private key such as Mycelium, Electrum, Exodus etc... I recommend Mycelium and Electrum and you will know why when you use them.
Quote
if we want to install bitcoin hardware wallet into cpu or notebook.
how many space do we need? and how much volume data do we need to download?
I don't think it is possible to download any hardware wallet's software into PC or another USB. The alternative for this is that you could create a paper wallet and then store it in any USB drive Tongue

ahmad21
Sr. Member
****
Offline Offline

Activity: 672
Merit: 271


View Profile
December 06, 2017, 07:07:02 PM
 #7

hello.... iam still newbie and want to know more about bitcoin.
anyone know something about 3rd party bitcoin wallet which we can own private key?
if we want to install bitcoin hardware wallet into cpu or notebook.
how many space do we need? and how much volume data do we need to download?

thanks for someone who has knowledge about that

Your notion of a third party wallet is quite unclear. Commonly we call the exchanges which do not provide with private key as third party wallets because they act as a third party between two transactors. But here if you mean wallet other than the bitcoin core and want a wallet of which you can hold keys of then Electrum would be a good choice to install on your cpu. Quite low amount of space is needed just enough to get your seed file placed in.
redwine49 (OP)
Full Member
***
Offline Offline

Activity: 938
Merit: 111


View Profile
December 07, 2017, 12:03:49 AM
 #8

But for a newbie, I suggest Electrum, for the sake of UI in the context of limited knowledge....
Learn everything you need and when you're confident with your knowledge, start using Electum Wallet.
But here if you mean wallet other than the bitcoin core and want a wallet of which you can hold keys of then Electrum would be a good choice to install on your cpu. Quite low amount of space is needed just enough to get your seed file placed in.

thanks all for your sharing and suggestion. i will try electrum. but there is a problem when i search it on google.
1st hit is https://www.electrumsource.org(google ads) and then https://electrum.org
2 domain with exacly same inside Huh it's weird why they do that?


╓                                        SWG.io  ⁞ Pre-Sale is LIVE at $0.13                                        ╖
║     〘 Available On BINANCE 〙•〘 ◊ ICOHOLDER ⁞ 4.45 〙•〘 ✅ Certik Audited 〙     ║
╙           ›››››››››››››››››››››››››››››› BUY  NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹           ╜
ranochigo
Legendary
*
Offline Offline

Activity: 2940
Merit: 4127



View Profile
December 07, 2017, 03:51:26 AM
 #9

But since you need the private key for safekeeping, you can use blockchain.info at the moment.

Learn everything you need and when you're confident with your knowledge, start using Electum Wallet.
No. Blockchain.info is terrible. How hard is it to use Electrum? It isn't rocket science, honestly.

thanks all for your sharing and suggestion. i will try electrum. but there is a problem when i search it on google.
1st hit is https://www.electrumsource.org(google ads) and then https://electrum.org
2 domain with exacly same inside Huh it's weird why they do that?
Electrum.org. The other domain is NOT owned by Electrum. If you use that, you will potentially be downloading a malicious software.

Use this: https://electrum.org/#download.

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
▄█████████████████████████████
█████████████████████████
████▀████████████████████
███▀█████▄█▀███▀▀▀██████
██▀█████▄█▄██████████████
██▄▄████▀▄▄▄▀▀▀▀▀▄▄██████
█████▄▄▄██████████▀▄████
█████▀▄█▄██████▀█▄█████
███████▀▄█▀█▄██▀█▄███████
█████████▄█▀▄█▀▄█████████
█████████████████████████
█████████████████████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
      OUR      
PARTNERS

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
▄█████████████████████████████
████████▀▀█████▀▀████████
█████▀█████████████▀█████
████████████████████████
███████████████▄█████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████▀█████████
████████████████████████
█████▄█████████████▄█████
████████▄▄█████▄▄████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
   INVEST   
BITCOIN

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
redwine49 (OP)
Full Member
***
Offline Offline

Activity: 938
Merit: 111


View Profile
December 08, 2017, 11:11:53 AM
 #10

thanks all for your sharing and suggestion. i will try electrum. but there is a problem when i search it on google.
1st hit is https://www.electrumsource.org(google ads) and then https://electrum.org
2 domain with exacly same inside Huh it's weird why they do that?
Electrum.org. The other domain is NOT owned by Electrum. If you use that, you will potentially be downloading a malicious software.

Use this: https://electrum.org/#download.

thanks Smiley. do they have something that we can backup our wallet?
just in case when iam losing all data on my computer

╓                                        SWG.io  ⁞ Pre-Sale is LIVE at $0.13                                        ╖
║     〘 Available On BINANCE 〙•〘 ◊ ICOHOLDER ⁞ 4.45 〙•〘 ✅ Certik Audited 〙     ║
╙           ›››››››››››››››››››››››››››››› BUY  NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹           ╜
bob123
Legendary
*
Offline Offline

Activity: 1624
Merit: 2481



View Profile WWW
December 08, 2017, 11:55:56 AM
 #11

do they have something that we can backup our wallet?
just in case when iam losing all data on my computer

You will be prompted to write down a 12-word seed. This seed is used to generate all of the addresses (private and public keys) of your wallet.
This seed should be definetly stored safely. If someone has access to this seed, he has access to your coins.
You will be able to recover your coins in any other BIP39 compatible wallet with this seed.

brontosaurus
Sr. Member
****
Offline Offline

Activity: 441
Merit: 250



View Profile
December 08, 2017, 02:33:00 PM
 #12

hello.... i am still newbie and want to know more about bitcoin.
anyone know something about 3rd party bitcoin wallet which we can own private key?

Wallets are always made by third parties unless you are planning to develop your very own wallet. These can range from bitcoin core wallet to electrum wallet for PC and mycelium wallet for Android. You can hold private keys of these wallets and these private keys will be your access keys to these treasures. I have made this answer considering that by third party you don't mean wallets like coin base and coindesk because you obviously can't hold keys to these wallets.
Quote

if we want to install bitcoin hardware wallet into cpu or notebook.
how many space do we need? and how much volume data do we need to download?

thanks for someone who has knowledge about that
If you want to install bitcoin hardware wallets like trezor wallet then you just need to plug them in and run the appropiate GUI the wallet seed will be stored in the device itself. But from your details I think you are mistaken between hardware wallet and software wallet. You can easily install any wallet by seeding it into your permanent memory. All you need to remember is the private key. These wallets usually don't require much space not even 40-50 MB because they don't really have an exciting GUI. But first time synchronization with the blockchain network might take a lot of time.
bit247
Member
**
Offline Offline

Activity: 123
Merit: 10

bitcoin.org


View Profile
December 09, 2017, 07:24:21 PM
 #13

I will juggest you to use GreenAddress wallet, they support segwit (fast and low fee) and you will have 100% control of your private key as well

BTCitcoin: 35DtMsEK1g1xVMKh4V7beAyguiU9qcHwtF  || ETH: Hacked Sad
redwine49 (OP)
Full Member
***
Offline Offline

Activity: 938
Merit: 111


View Profile
December 10, 2017, 12:01:29 PM
 #14

But first time synchronization with the blockchain network might take a lot of time.

take alot of time? its mean i need alot of bandwidth data?
i've tried to install ethereum wallet from https://www.ethereum.org/
it took more than 7days to download all block and wasting alot of my bandwidth everytime i need to open my wallet
and finally i just use myethereumwallet.
so do i have to go just like that?

╓                                        SWG.io  ⁞ Pre-Sale is LIVE at $0.13                                        ╖
║     〘 Available On BINANCE 〙•〘 ◊ ICOHOLDER ⁞ 4.45 〙•〘 ✅ Certik Audited 〙     ║
╙           ›››››››››››››››››››››››››››››› BUY  NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹           ╜
ranochigo
Legendary
*
Offline Offline

Activity: 2940
Merit: 4127



View Profile
December 10, 2017, 01:43:13 PM
 #15

take alot of time? its mean i need alot of bandwidth data?
i've tried to install ethereum wallet from https://www.ethereum.org/
it took more than 7days to download all block and wasting alot of my bandwidth everytime i need to open my wallet
and finally i just use myethereumwallet.
so do i have to go just like that?
If its Bitcoin Core, then yes. Its a full node and it verifies and download all the blocks.

Electrum is good enough for most people and its pretty good for most use.

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
▄█████████████████████████████
█████████████████████████
████▀████████████████████
███▀█████▄█▀███▀▀▀██████
██▀█████▄█▄██████████████
██▄▄████▀▄▄▄▀▀▀▀▀▄▄██████
█████▄▄▄██████████▀▄████
█████▀▄█▄██████▀█▄█████
███████▀▄█▀█▄██▀█▄███████
█████████▄█▀▄█▀▄█████████
█████████████████████████
█████████████████████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
      OUR      
PARTNERS

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
▄█████████████████████████████
████████▀▀█████▀▀████████
█████▀█████████████▀█████
████████████████████████
███████████████▄█████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████▀█████████
████████████████████████
█████▄█████████████▄█████
████████▄▄█████▄▄████████
▀█████████████████████████████
█████████████████████████████████████████████████
.
   INVEST   
BITCOIN

.
█████████████████████████████████████████████████
████▄
██
██
██
██
██
██
██
██
██
██
██
████▀
bob123
Legendary
*
Offline Offline

Activity: 1624
Merit: 2481



View Profile WWW
December 10, 2017, 01:44:41 PM
 #16

But first time synchronization with the blockchain network might take a lot of time.

take alot of time? its mean i need alot of bandwidth data?
i've tried to install ethereum wallet from https://www.ethereum.org/
it took more than 7days to download all block and wasting alot of my bandwidth everytime i need to open my wallet
and finally i just use myethereumwallet.
so do i have to go just like that?

If you are going to download a full node, then yes. The current size of the blockchain is about 150+ GB. And the verification takes quite some time.
But you could also instead just download a light weight client (without the whole blockchain). Those clients check the balance of your addresses via online services.
Like other already mentioned Electrum (https://electrum.org/#download) would be a good open-source light weight wallet. Download, install, start. No much hassle.

andrewcarr157
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
December 11, 2017, 07:57:28 PM
 #17

But first time synchronization with the blockchain network might take a lot of time.

take alot of time? its mean i need alot of bandwidth data?
i've tried to install ethereum wallet from https://www.ethereum.org/
it took more than 7days to download all block and wasting alot of my bandwidth everytime i need to open my wallet
and finally i just use myethereumwallet.
so do i have to go just like that?

If you are going to download a full node, then yes. The current size of the blockchain is about 150+ GB. And the verification takes quite some time.
But you could also instead just download a light weight client (without the whole blockchain). Those clients check the balance of your addresses via online services.
Like other already mentioned Electrum (https://electrum.org/#download) would be a good open-source light weight wallet. Download, install, start. No much hassle.
Thanks for the tip. Will check their wallet
redwine49 (OP)
Full Member
***
Offline Offline

Activity: 938
Merit: 111


View Profile
December 13, 2017, 11:04:38 PM
 #18

But first time synchronization with the blockchain network might take a lot of time.

take alot of time? its mean i need alot of bandwidth data?
i've tried to install ethereum wallet from https://www.ethereum.org/
it took more than 7days to download all block and wasting alot of my bandwidth everytime i need to open my wallet
and finally i just use myethereumwallet.
so do i have to go just like that?

If you are going to download a full node, then yes. The current size of the blockchain is about 150+ GB. And the verification takes quite some time.
But you could also instead just download a light weight client (without the whole blockchain). Those clients check the balance of your addresses via online services.
Like other already mentioned Electrum (https://electrum.org/#download) would be a good open-source light weight wallet. Download, install, start. No much hassle.

150+ GB?? well, thats alot of volume.
you mean a light weight electrum client wallet??

╓                                        SWG.io  ⁞ Pre-Sale is LIVE at $0.13                                        ╖
║     〘 Available On BINANCE 〙•〘 ◊ ICOHOLDER ⁞ 4.45 〙•〘 ✅ Certik Audited 〙     ║
╙           ›››››››››››››››››››››››››››››› BUY  NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹           ╜
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!