Safest wallet

[nickenburg]

I think any wallet on the pc is probably safe.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.

[1715142284]

1715142284

[1715142284]

1715142284

[bitcoinforhelp]

only cold storage, best would be generate offline, encrypt by trucrypt (old version before 7.2) generated address inside multibit and stash it on couple devices

[jonald_fyookball]

I think any wallet on the pc is probably safe.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.

No, not any wallet is safe if you got a virus.
And if you use a weak password it will not be hard to crack.

You are right that the best option is offline pc (cold storage)

[yuan12]

I think any wallet on the pc is probably safe.
They are all protected with the sha algorithm.
So if you make a password it should be hard to crack any wallet at all right?
And the best option is to store your wallet on a offline pc so its not hackable at all.
But if you dont want to cold storage them you could try multibit, that's what im using for a while now and no problems at all.

No, not any wallet is safe if you got a virus.
And if you use a weak password it will not be hard to crack.

You are right that the best option is offline pc (cold storage)

I feel any wallet is unsafe!
            Please take good care of your private key

[Farmer17]

I feel any wallet is unsafe!
Please take good care of your private key

If you are worried about hacking, use an offline wallet or paper wallet.
If you are worried about machine failure, make multiple backups to your wallet file.

[scribbles]

For my completely offline SAVINGS ONLY paper wallet I went with the following (all done with no internet connection):

1. Used liveCD linux on USB with bitaddress.org code downloaded from GitHub to generate a private key and receiving address.
2. Saved PDF of paper wallet to two USB drives and printed two copies (then deleted cache of print spool).
3. Put one USB drive and paper wallet in safe at home, other in safety deposit box.
4. Use receiving address to deposit coin.
 

I know some would not like to have a complete paper wallet unencrypted in a bank vault, but this satisfies my concern for security while also allowing family to get at my coin if I get eaten by a bear.

[Ejaculation]

Well I guess it's either Blockchain or Multibit in the end

[presidentcoin]

Just want to ask which wallet is the safest to store my BTC on?

Any suggestions, please.

Go to https://bitcoin.org/en/choose-your-wallet and check out, I use https://greenaddress.it/

[Salmon1989]

Well I guess it's either Blockchain or Multibit in the end

Your bitcoin will be gone, when you got a keylogger on your machine.
Such loss could be prevented with offline wallet (cold storage)

[Ratters]

Is Multibit still a good option for a hot wallet?

I use it and have never had any problems.

[Salmon1989]

Is Multibit still a good option for a hot wallet?

I use it and have never had any problems.

For hot wallets, IMO, multibit is a good choice (thin client, easy to use)

[BurtW]

I am working on getting together a list of all BIP32, BIP39 and BIP44 compliant deterministic wallets that are totally compatible with each other.

So far I have found the Trezor hardware "Bitcoin safe":

https://bitcointalk.org/index.php?topic=122438.0

and the android application called wallet32:

https://play.google.com/store/apps/details?id=com.bonsai.wallet32

I have tested these two wallets and they are totally compatible with each other:

https://bitcointalk.org/index.php?topic=122438.msg7183991#msg7183991

Next I tried the web based carbonwallet:

http://carbonwallet.com/app/app.html

But it appears to be out of date and does not accept the word list that was accepted by both Trezor and wallet32.  Does anyone know of any plans to update this wallet?

Does anyone work on or know of any other BIP32, BIP39 and BIP44 compliant deterministic wallets?

BTW I checked out this one:

https://www.btc-banker.com/

and it is a very obvious scam.  Analysis of their source code, which is a modified version of the carbonwallet code, shows that they POST the passphrase value back to themselves.  This gives them the ability to recreate the entire private key sequence which will allow them to "be hacked" at some future date and steal all the BTC from every one of their customers.

https://bitcointalk.org/index.php?topic=610197.msg7151016#msg7151016

Looking for honest BIP32, BIP39 and BIP44 compliant deterministic wallets.

[jonald_fyookball]

Lol. Those guys have so many spelling and grammar mistakes.  Amateur scam operation.

[fatguyyyyy]

I`d recommend what the wallet is for... so storage wise I`d use desktop wallets.

For gambling and other micro transactions I would do light weight wallets: multibit, or electrum. (preference of choice)

Then lets say if you had won lots of bitcoin, going to store that in a cold wallet - like paperwallets.

[bellgarath1]

Off line is the safest by far.   

Jerry

[newIndia]

Just want to ask which wallet is the safest to store my BTC on?

Any suggestions, please.

Paper Wallet is the best bet in my opinion...

[CryptoFutaba]

What I do is to leave a small amount in my wallet gui, and always to create several paperwallets to leave the most part of my BTC in cold storage: I divide the total balance to be kept in cold storage in several separate paperwallets, and whenever I want to spend some, I import only one of these paperwallets to my wallet gui, avoiding problems with change addresses

[CEG5952]

Just want to ask which wallet is the safest to store my BTC on?

Any suggestions, please.

If your wallet is offline, they are all quite safe. If your wallet is online, then your bitcoins could possibly be stolen. Electrum is a bit less private due to its unique system of nodes, but private keys are encrypted.

[jonald_fyookball]

Electrum is not really less private and the servers never sees your keys.  You could argue the server operator could see your wallet balance but that's about it.

[Harley997]

Just want to ask which wallet is the safest to store my BTC on?

Any suggestions, please.

IMO the safest wallet would be Blockchain.info.

With that being said, in order for blockchian to be the best wallet, you must first understand how Bitcoin works and implement all of the security features that they offer.

The best way to store bitcoin for a newer/less tech savvy person would be coinbase. They are generally considered secure and offer security features that are easy to understand. Although having your coins hosted at a 3rd party is against the general concept of Bitcoin.