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Author Topic: Hardware wallet vs Software wallet  (Read 1815 times)
totholio
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June 17, 2018, 09:29:03 PM
 #41

Safest is Ledger, it's just so simple and safe that anyone who would like to trade and hold in the long run is essential.
AnnaGeraMsk
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June 17, 2018, 09:41:00 PM
 #42

for me, so the best purse is the one that is controlled by me and this is something that is not on the computer and is found in the manual!
ZeidFreak
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June 17, 2018, 10:23:19 PM
 #43

I prefer Hardware wallet too they have the best feature just like a money in a vault. Software is good also but vulnerable to some hackers i know they will find solution to maintain high security of their own blockchain.
Spoop
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June 17, 2018, 10:27:29 PM
 #44

In terms of safety then hardware wallets are much safer than software wallets because it is much harder for hackers to get into hardware wallets to steal your coins. Which is why if you are holding coins for the long term then you should get a hardware wallet to hold those coins in to be safe
godfredmanu
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June 17, 2018, 10:28:19 PM
 #45

Hardware wallet like ledzer and trezor can be obtain from amazon or ebay or any cryptocurrency hardware stores. Getting a hardware wallet is a sign of your seriously with crypto than software which are mostly prone to hacking and malwares

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batang_bitcoin
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June 17, 2018, 10:31:53 PM
 #46

Those malware's that are copy-changing bitcoin wallet addresses was has been an issue if you're careless with your browsing time.
New Bitcoin Malware Attacks Copy and Paste Their Way to Co-Opted Currency
I'm using Nano Ledger S and I've been satisfied with it.

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June 17, 2018, 10:37:19 PM
 #47

Hard and soft wallet are okay, just make sure , that your pc or keys are kept in a secure place, never trust anyone and handed the keys or password to anyone, or else your going to regret it, make sure you enter your wallet address not the keys sometimes people make mistakes and accidentally insert the keys
Keep it safe

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GmBoom
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June 18, 2018, 01:30:29 AM
 #48

There are some hardware wallets that is available online, ledger nano s, trezor. These wallet is the most safest place of your cryptocurrency. Not like your software wallet, it can easily breached by a virus sort of hacking, a phishing attack and many more. Not like a hardware wallet it is a hackproof wallet. Your private keys are safe in these wallet.

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SixOfFive
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July 02, 2018, 06:09:32 PM
 #49

The type of wallet that you should use depends on your investment types and purpose. Hardware wallet is usually preferred when you want to hold huge amount coins. Also if you want to hold coins for long term hardware wallet is preferred as it provides greater security. The disadvantage to hardware wallets is their price. You might pay in the $100 range for a good one. However, transactions are generally free.
Anrxa
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July 02, 2018, 07:29:22 PM
 #50

I use the Ledger Nano wallet, and I'm very pleased. Even if my computer is infected with viruses, my coins will remain safe. But there are some malicious programs that can override the recipient's address, so I always check the address displayed on the device.

Uderlord
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July 02, 2018, 07:34:08 PM
 #51

Well, the fact that the hardware wallets are safer no it's not so official wallets of crypto currency are 100% safe,and if you are an idiot who pumps viruses to your computer then it is unlikely that you will even help a hardware wallet  Cheesy
xOdiumNostrumx
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July 02, 2018, 07:41:43 PM
 #52

I bought one as soon I was able to, its well worth it, risk those 100 bucks if you are holding a nice chuck of crypto. I only wish they would be adding support for new currencies more promptly, but as I understand, this is on the shoulders of the projects themselves.
NelsonEmpire
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July 02, 2018, 07:46:11 PM
 #53

Hardware 100%
GmBoom
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July 03, 2018, 01:28:04 AM
 #54

Before the last incident happen in the breach of MyEtherwallet. I only use MyEtherwallet without any supporting third party apps because I have much confidence in the security features provided by the MyEtherwallet wallet. But when I heard the news that Myetherwallet has been breached, I used linked metamask as of now to unlock myEtherwallet wallet. To ensure that my private keys is safe. But if you have a hardware wallet, it is more safe to store your funds in a hardware wallet because it is fully encrypted and can never be hacked by a hacker because of its great security. My advise is to use a hardware wallet to access your funds.

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Hexcolyte
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July 03, 2018, 01:49:53 AM
 #55

Software wallets are more vulnerable toward user's mistake. Hardware wallets can prevent most user fraud, and so reduce the risk. But it is not as convenient as a software wallet for most people.
Leftneck
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July 03, 2018, 02:01:19 AM
 #56

wallet hardware is safer in my opinion. because the wallet software vulnerable wallet hacking case occurs.
every program there must be a gap

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victoryana
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July 03, 2018, 02:07:28 AM
 #57

There are many types of digital wallets, including two types of wallets and a purse, a wallet for storing coin, if you use it hot you can store it on your computer and use when needed
bryant.coleman
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July 03, 2018, 02:15:48 AM
 #58

Surfing on the bitcointalk forum, I sometimes see some threads discussing about hacking of wallets and the discussion is geared towards the best wallets to secure individuals from hackers. Hardware wallets are normally mentioned. I decided to find out about hardware wallets and my searches made me know that, wallets which are normally hacked are of software base. I found out that some viruses which attack computers are able to steal private keys from the software wallets that we normally use. The issue of virus attacking a computer makes the use of hardware wallet very advantageous over software wallet since the hardware wallet are immune against viruses, hence viruses cannot steal from such wallets. My question is what are some of the hardware wallets and how can one get a hardware wallet?

You can easily get a hardware wallet from online stores such as Amazon, or directly from the websites of Trezor or Ledger. But hardware wallets have their own disadvantages and you should remember that. If you forget your recovery phase or password, then your coins are gone.
joesastro
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July 03, 2018, 02:24:29 AM
 #59

personally, I think, to support all data, select both are the best choice because when your broken,
hardware wallet has been back in Software wallet when you lose in Software wallet,you still have the backup.
ngochuyen0071
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July 03, 2018, 02:04:12 PM
 #60

If you are a short term trader and needs fund frequently, then I would suggest you to go for a legit software wallet or app. If you are a long term HODLer, buy a hardware wallet like Trezor, Nano Ledger etc and keep your funds there. There are chances of software wallets and app getting hacked by downloading a malicious software in your system. You are responsible for your own safety in cryptos, do that wisely.
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