Bitcoin Core vs. blockchain.info & other online wallets

[Velsea]

Hello bitcointalk!

I've been studying the world of cryptocurrency for a couple years now and I plan on purchasing my first coins via coinbase or Bitstamp, but first I want to ask the community which wallet would be best in terms of security and ease of use? Obviously blockchain.info is the easiest to use as all I have to do enter my credentials and the my wallet is there, but I'm not sure that I want to rely on a website to store my money.

[devthedev]

Hello bitcointalk!

I've been studying the world of cryptocurrency for a couple years now and I plan on purchasing my first coins via coinbase or Bitstamp, but first I want to ask the community which wallet would be best in terms of security and ease of use? Obviously blockchain.info is the easiest to use as all I have to do enter my credentials and the my wallet is there, but I'm not sure that I want to rely on a website to store my money.

Blockchain.info's the best in terms of web wallets. However, if you use it make sure you print a paper backup of your private keys. I'd prefer using the Satoshi Client, Multibit or Electrum. On the other hand, the most secure way of holding coins is on a paper wallet.

Come on over to the Ultimate Help Thread if you have any further questions, https://bitcointalk.org/index.php?topic=645750.0

[Mayuyu48]

if you believe them to keep your bitcoin, then go to blockchain.info
they have good security and easy to use
but if you don't want other 3rd party keep you bitcoin, you should use multibit/electrum in your own notebook/PC
need to learn how to use it, but it's not so hard to learn

[BawsyBoss]

I like blockchain.info as a hot wallet. For cold storage purposes I've wandered into the world of paper wallets. Online wallets are great for just small amounts.

[Justin00]

I don't like 0.9x for.. I dunno something about the UI..

I prefer 0.8x... I don't think their is a reason why I should not be using it ? I don't use RPC so openssl/heartbleed isn't an issue for me.. I believe..
I also don't open the software very often,

[Velsea]

Thanks all, decided I'll use blockchain.info for my "hot" wallet and use the Bitcoin Core client to store large amounts of coin with a backup.

[BawsyBoss]

Thanks all, decided I'll use blockchain.info for my "hot" wallet and use the Bitcoin Core client to store large amounts of coin with a backup.

I encourage you to choose a paper wallet instead of Bitcoin-Qt. It is safer and not vulnerable to keyloggers/viruses.

[Aditya]

Hello bitcointalk!

I've been studying the world of cryptocurrency for a couple years now and I plan on purchasing my first coins via coinbase or Bitstamp, but first I want to ask the community which wallet would be best in terms of security and ease of use?

[dbshck]

Hello bitcointalk!

I've been studying the world of cryptocurrency for a couple years now and I plan on purchasing my first coins via coinbase or Bitstamp, but first I want to ask the community which wallet would be best in terms of security and ease of use?

Based on the pictures, i wonder why paper wallet has less security than other cold storage devices ?

[Aditya]

Based on the pictures, i wonder why paper wallet has less security than other cold storage devices ?

• Because paper and ink can degradation over time. Is not fire proof and water proof.

• And usually private key on paper is written in plain cleartext (not encrypted). Anyone read this private key can stole the coins.

[BawsyBoss]

Based on the pictures, i wonder why paper wallet has less security than other cold storage devices ?

• Because paper and ink can degradation over time. Is not fire proof and water proof.

• And usually private key on paper is written in plain cleartext (not encrypted). Anyone read this private key can stole the coins.

To clarify my previous posts, paper wallets usually have a digital, offline backup. Both copies are usually encrypted with a passphrase.