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Author Topic: Bitcoin Wallet  (Read 300 times)
salinagomez
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June 07, 2018, 11:08:39 AM
 #21

Actually there are many wallets to use. But I think block chain will be the best as it is the first wallet of the bitcoin and it used in a wide range. It has good security system also. There is another wallet, named ledger Nano, which also earning popularity among the users. You can choose any of these two as per my opinion.
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leoliln45
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June 10, 2018, 09:09:30 AM
 #22

The hardware wallets are the safest. They serve offline and have the minimal chance of getting hacked. Ledgers, Trezor etc are some of the best hardware available.
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June 10, 2018, 01:17:49 PM
 #23

I think offline wallet are safer than any online wallet. Now a day, hackers or scams are roaming a lot to break your security. So i believe offline wallets are unbreakable.

Is there a posibility that a btc wallet can hack?


This depends.

A server of an online wallet provider can be hacked. A desktop wallet itself can not be hacked.

But what usually happens is that your computer gets compromised. And once an attacker has control over your computer, he can do whatever you can.
So if you are opening a wallet (desktop- or online-) on an infected PC and enter the password to unlock it, and you are able to sign transactions the attacker also is able to create transactions (most probably way faster than you can react).

If you are in possession of a hardware wallet on the other hand, it always requires you to physically confirm the transaction on the hardware device itself.
This eliminates most attack vectors (if you dou conscientious check the address you are sending to).


Generally, every wallet can be 'compromised'. Some relatively easily and some only with the exploitation of several (yet) unknown vulnerabilites in a strict order which practically is not efficient to perform.

Cold storage (hardware wallet, air-gapped wallet, paper wallet) is always way safer and more secure than hot wallets (destkop-, mobile-, online- wallets).

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June 11, 2018, 02:20:14 PM
 #24

Coinbase wallet is the best wallet to use. Iam using it for long time. Still i didnt face any problem in that, this wallet is very safe and secure wallet to store coins for future. The transaction fee is very low when compared to other wallets. It supports four coins now and soon it will support segwit address for transaction. It has high transaction speed and very friendly wallet to use. It suits for both andriod and desktop so user can use it anywhere.
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June 11, 2018, 03:32:21 PM
 #25

Coinbase wallet is the best wallet to use. Iam using it for long time. Still i didnt face any problem in that, this wallet is very safe and secure wallet to store coins for future.

What is a safe and secure wallet for you? The one that requires your password and 2FA to spend from it? You should consider using at least a software wallet which is far more secure than a web wallet. It allows you to save your private key which is used for signing transactions.

The transaction fee is very low when compared to other wallets.

Enjoy your overpaid withdrawal fees. You should consider using a wallet which allows you to set your own transaction fee.

It supports four coins now and soon it will support segwit address for transaction. It has high transaction speed and very friendly wallet to use.

SegWit has been with us for a few months and it's a shame that they haven't implement it yet. Also, your wallet has nothing to do with the transaction speed. It all depends on miners and the number of unconfirmed transactions.
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June 14, 2018, 09:31:37 PM
 #26

I agree with so many that blockchain wallet would be better for you. And assure the security of related accounts with two factor auth. But I think offline wallet would be the best option. Its security is high that might not be breakable by hackers.
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June 14, 2018, 09:49:39 PM
 #27

If you ask my suggestion then I'll go for the blockchain as the safest bitcoin wallet. It is the first & mostly used wallet. The blockchain is the first bitcoin wallet with promising storage facility & is very closely related to the current bitcoin economic growth.
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June 27, 2018, 10:48:43 PM
 #28

Is there any real competition for Ledger Nano S ?

We are yet to see some good multi coin wallet,
and Trezor is one class lower for now

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Rath_
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June 27, 2018, 11:17:13 PM
 #29

Is there any real competition for Ledger Nano S ?

We are yet to see some good multi coin wallet,
and Trezor is one class lower for now

Why do you think that TREZOR is "one class lower"? The number of supported coins isn't the only thing that defines a good hardware wallet. Ledger released more expensive device before TREZOR and they haven't kept it up-to-date. Now, they are trying to make up for it. I would rather use a wallet with open-source software and some advanced features rather than the one with ton of altcoins. It all depends on your use case.
suzanne5223
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June 27, 2018, 11:31:29 PM
 #30

Is there any real competition for Ledger Nano S ?

We are yet to see some good multi coin wallet,
and Trezor is one class lower for now

Why do you think that TREZOR is "one class lower"? The number of supported coins isn't the only thing that defines a good hardware wallet. Ledger released more expensive device before TREZOR and they haven't kept it up-to-date. Now, they are trying to make up for it. I would rather use a wallet with open-source software and some advanced features rather than the one with ton of altcoins. It all depends on your use case.
I agree to what you said cause Trezor is #1 hardware wallet because they keep up their track and i would rather go for it than using Ledger Nano S wallet which usually have some certain fault.

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June 27, 2018, 11:39:16 PM
Last edit: June 27, 2018, 11:52:26 PM by Thirdspace
 #31

I think the safest Wallet is Blockchain.
blockchain.info (soon moves to blockchain.com) is hardly the safest wallet
it is undoubtedly the most widely used web wallet because its easiness to use

IMO, Hardware wallets would be the safest, https://en.bitcoin.it/wiki/Hardware_wallet
they are deemed as safest because private keys never leave the device
although you can still lose your coins if your pc has been compromised by clipboard virus/malware Undecided
Trezor and Ledger wallets are the two most popular hardware wallets

goddog
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June 28, 2018, 02:44:03 AM
 #32

bitcoin is an investment place that average success and success in his career in search of money or savings and assets for life in the future, by way of investing in bitcoin we can feel the results when we succeed and get our results in daily work that is by way of investment in this bitcoin a profitable and promising investment, if we invest we also need a wallet or im token that is useful to keep and place our assets when we get our results, because im token is a place that holds and keeps assets of investments including investing in this bitcoin investments are modern and the most different from other investments.
bitcoin is an investment place that average success and success in his career in search of money or savings and assets for life in the future, by way of investing in bitcoin we can feel the results when we succeed and get our results in daily work that is by way of investment in this bitcoin a lucrative and promising investment, if we invest we also need a wallet or im token that is useful to keep and place our assets if we get our results, safe investment and safe wallet to be in workers equate the im token.
bitcoin is an investment place that average success and success in his career in search of money or savings and assets for life in the future, by way of investing in bitcoin we can feel the results when we succeed and get our results in daily work that is by way of investment in this bitcoin a profitable and promising investment, if we invest we also need a wallet or im token that is useful to keep and place our assets when we get our results.
what the hell is this?
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June 28, 2018, 05:17:17 AM
 #33

what the hell is this?

Plagiarism. It's a banable offence. Use the "Report to moderator" button at the bottom right of the posts to report them. You can also report them in this thread: Mod, please check new plagiarism: Reporting copy/pasting, please permban.
mngweaze
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June 29, 2018, 06:23:26 AM
 #34

Can you suggest me what bitcoin wallet is the safest? and why?

Currently using Trezor. It is a great wallet. Security for hard wallets will be the best out there outside of paper.
Mhd-Bobbi
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June 30, 2018, 03:59:38 PM
 #35

Can you suggest me what bitcoin wallet is the safest? and why?
My suggestion to use BlockChain.info
Because BlockChain.info is the most widely used bitcoin wallet.
This wallet is easy to make, does not require special tools, can be accessed from anywhere simply by using a web browser. Its features are quite advanced.
Because this wallet is the most widely used.
tarball
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July 03, 2018, 07:45:28 PM
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 #36

My suggestion to use BlockChain.info
Because BlockChain.info is the most widely used bitcoin wallet.
This wallet is easy to make, does not require special tools, can be accessed from anywhere simply by using a web browser. Its features are quite advanced.
Because this wallet is the most widely used.

Just because it's the most widely used does not mean that it is the safest. blockchain.info is, with its security, still a web wallet. I use Electrum as it is feature-full, but I recommend buying a Trezor or Ledger hardware wallet, because of its security: the privkeys never leave the hardware device. The good thing is that you can use Electrum with a Trezor or a Ledger, and this allows you to have the security of a hardware wallet, and at the same time, take advantage of Electrum's features: the ultimate combination.

Thanks for reading my post.
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