Help deciding which light weight bitcoin wallet

[Abdussamad]

I`m trying to pick either Multibit or Electrum.

Anyone using these, tell me the difference or which ones more user appeal.

Thanks!


Edit: I use a Mac

I personally use multibit. I find it to be very user friendly and easy to use.

My concern with Electrum is that your keys are stored on the server, making it not only possible for your keys/wallet to be hacked but also opening the possibility that you lose your seed (and your coins).

Electrum stores the seed in a wallet on your computer. Address specific private keys are deterministically generated from the seed at runtime. The private keys or seed are not stored on an electrum server. Electrum servers are queried for transaction details. They are sent your bitcoin addresses only. There are many electrum servers and they are all run by volunteers. They are funded solely by donations.

[CEG5952]

Indeed, your private keys on Electrum are not at risk of being viewed by nodes. Your public keys, however, are. It is for this reason that it is said that Electrum is not ideal for those wanting a full level of privacy.

[Parham6]

I'm using Multbit and it's been good so far, haven't heard of Electrum.

[Coef]

I`m trying to pick either Multibit or Electrum.

Anyone using these, tell me the difference or which ones more user appeal.

Thanks!


Edit: I use a Mac

I prefer Electrum, since I have read the thread https://bitcointalk.org/index.php?topic=562181.0.

[Abdussamad]

Indeed, your private keys on Electrum are not at risk of being viewed by nodes. Your public keys, however, are. It is for this reason that it is said that Electrum is not ideal for those wanting a full level of privacy.

I think you mean address not public key. An address is a hash plus checksum of the public key. The public key itself is exposed only when you spend money from an address. That transaction gets broadcast to all the nodes and once it is confirmed it becomes a part of the blockchain.

[byt411]

I`m trying to pick either Multibit or Electrum.

Anyone using these, tell me the difference or which ones more user appeal.

Thanks!


Edit: I use a Mac

I personally use multibit. I find it to be very user friendly and easy to use.

My concern with Electrum is that your keys are stored on the server, making it not only possible for your keys/wallet to be hacked but also opening the possibility that you lose your seed (and your coins).

Your private keys aren't stored on the server. The seed is used to generate the private keys and addresses, if you save the seed you can always recover your addresses and private keys.