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Author Topic: Wallets  (Read 322 times)
Blind Prophet
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November 27, 2013, 12:25:48 AM
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I just got started and just have a blockchain.info wallet.  Do I need to have different wallets, or is just the one sufficient?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Fiyasko
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November 27, 2013, 12:29:03 AM
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I just got started and just have a blockchain.info wallet.  Do I need to have different wallets, or is just the one sufficient?
You should have an Offline wallet, one that holds your "savings" and the online wallet is sortof your "chequing" wallet.
Online wallets are infamous for getting hacked and people losing thier money, you can't "hack" something that is offline that one does not have access to.
Try the standard bitcoin client (takes up alot of HDD space and has to sync) or try Armory (safest) or Multibit (high compatability)

One wallet is sufficient for functionality, but thats the bare minimum, you should definitly backup your wallet and have a seperate offline one

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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November 27, 2013, 12:32:57 AM
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I just got started and just have a blockchain.info wallet.  Do I need to have different wallets, or is just the one sufficient?

I would have suggested inputs.io a while back, but not anymore.
I'd suggest you get an offline bitcoin-QT wallet, or just back up your current wallet on blockchain.  I suggest an offline wallet if you are considering storing larger amounts, with more than 1 backup.
WayTooGosu
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November 27, 2013, 12:47:08 AM
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If you use an online one, make sure you back it up. Offline ones are more secure but are prone to viruses and will be gone if your machine breaks.

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November 27, 2013, 01:00:27 AM
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If you use an online one, make sure you back it up. Offline ones are more secure but are prone to viruses and will be gone if your machine breaks.
*crosses arms* Mines made of Paper, stored in a fireproof safe, Tell me how exactly that is prone to viruses and will be gone if my machine breaks?

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
CoinGeneral
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November 27, 2013, 01:18:45 AM
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Offline [wallets] are more secure but are prone to viruses and will be gone if your machine breaks.

This. Remember offline wallets are a bad idea!


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