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Author Topic: New here. How do I know wallets are safe to download?  (Read 1360 times)
Arise (OP)
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June 14, 2014, 05:42:03 PM
 #1

I'm pretty new to all of this and was just wondering... like how do I know downloading any given wallet isn't going to give someone access to my files or install malware or something on my computer?
joshraban76
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June 14, 2014, 05:59:26 PM
 #2

The best wallet to download is the bitcoins official wallet which is bitcoin core.

You can trust it while you are blind, you can download it from the link that's below "Total time logged" counter.

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Kprawn
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June 14, 2014, 06:04:25 PM
 #3

Better to go for a paper wallet, if you want to be safe, and keep it offline

Goto bitaddress.org and save the page as a html file on your hard drive, then disconnect from the internet and create a few paper wallets.

Deposit your coins into them. It's a start. There are other threads dealing with security, just browse the forrum.  Wink

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June 14, 2014, 06:19:33 PM
 #4

You can use any PC on your wallet since it is free of virus.
Once installed it will take to synchronize.
You can use the blockchain.info as online wallet, its practicality, but make sure that your connection and password is secure.
joshraban76
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June 14, 2014, 06:20:26 PM
 #5

Better to go for a paper wallet, if you want to be safe, and keep it offline

Goto bitaddress.org and save the page as a html file on your hard drive, then disconnect from the internet and create a few paper wallets.

Deposit your coins into them. It's a start. There are other threads dealing with security, just browse the forrum.  Wink

+1

This is a good solution too, the main purpose of paper wallets to be secret.

So now, you have online and offline option.

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Gianluca95
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June 14, 2014, 07:17:59 PM
 #6

Why you not use blockchain.info? He is so comfortable and safe Smiley

Other this, for create a wallet, it is require only one minute of your time Cheesy

 
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joshraban76
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June 14, 2014, 07:21:34 PM
 #7

Why you not use blockchain.info? He is so comfortable and safe Smiley

Other this, for create a wallet, it is require only one minute of your time Cheesy

The OP is new here and we are trying to give him more than an alternative.

Blockchain is good also, no doubts.

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Arise (OP)
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June 14, 2014, 07:48:38 PM
 #8

So is downloading wallets for altcoins generally a bad idea?  Huh
joshraban76
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June 14, 2014, 08:25:01 PM
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So is downloading wallets for altcoins generally a bad idea?  Huh

No, why ?

Kindly don't mess between altcoins and bitcoin.

altcoins, are the alternative coins, which is any other coin alternative to btc, like litecoin and dogecoin for example.

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acs267
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June 14, 2014, 08:34:18 PM
 #10

Google it, and then search it on the forum. I recommend Core more, though, since you can't go wrong with it.

So is downloading wallets for altcoins generally a bad idea?  Huh

No. Every other crypto has their own wallet. You can't use a Bitcoin wallet for a Litecoin wallet, or a Dogecoin wallet, or whatever the newest buzz coin is.
Marlo Stanfield
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June 14, 2014, 09:18:42 PM
 #11

All legit wallets are open source.

Or something like blockchain.info. But even with that I'd be careful.
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June 14, 2014, 09:22:35 PM
 #12

bitcoin-qt core client always a safe-bet.

blockchain.info one of the more reliable web-wallet based services imho.

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rarkenin
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June 14, 2014, 10:22:39 PM
 #13

I personally use a combination of multibit, bitcoin-qt, and blockchain. Blockchain has private keys to a few "hot" addresses where a small sum of bitcoins I might want to spend are kept. It is used for day-to-day transactions. Multibit, on my personal laptop, stores larger sums of bitcoins that I might need to partially move to the hot wallet. It's meant to be secure against theft, and inadvertent spending of too many coins, as when the hot wallet is depleted, I'm aware of my need to move coins about.

Bitcoin-qt keeps (on a secure machine that is rarely connected to the network) keys for cold-storage.

In addition, I have the addresses (as watch-only) imported into blockchain.info, so in case of any spends from them (whether mine, or a thief's), I know quickly.
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June 14, 2014, 10:58:14 PM
 #14

All legit wallets are open source.

Or something like blockchain.info. But even with that I'd be careful.

blockchain.info does not actually have access to your funds, although some web wallets, such as coinbase, do.  I'd stay away from those if you want to be safe.  Blockchain.info is a great place to keep bitcoin for day-to-day spending.
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June 14, 2014, 11:11:20 PM
 #15

I'm pretty new to all of this and was just wondering... like how do I know downloading any given wallet isn't going to give someone access to my files or install malware or something on my computer?

Go to bitcoin.org. That site will point you to legitimate wallets.

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Arise (OP)
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June 15, 2014, 03:23:05 AM
 #16

Thanks for your help guys. Another question:

Is there any danger to making transactions on an unsecure wifi network? Like will someone somehow be able to access my wallet if it's unencrypted and I'm using it at a coffee shop or something? The ins and outs of computer security have been difficult for me to wrap my head around in the past.
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June 15, 2014, 03:25:57 AM
 #17

To be honest, this is why I miss a lot of altcoin pumps. I'm terrified to download wallet software from these unknown people, who are most likely just trying to get rich quick on a pump and dump, but could possibly be giving out malware to steal bitcoins....

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June 15, 2014, 04:12:10 AM
 #18

All legit wallets are open source.

Or something like blockchain.info. But even with that I'd be careful.

blockchain.info does not actually have access to your funds, although some web wallets, such as coinbase, do.  I'd stay away from those if you want to be safe.  Blockchain.info is a great place to keep bitcoin for day-to-day spending.

True. If you don't have the private key, you don't have the bitcoin. Smiley
Blockchain.info is good, but it is better to enable 2FA.

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June 15, 2014, 04:17:05 AM
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So is downloading wallets for altcoins generally a bad idea?  Huh

No, why ?

Kindly don't mess between altcoins and bitcoin.

altcoins, are the alternative coins, which is any other coin alternative to btc, like litecoin and dogecoin for example.

Indeed, downloading new altcoins' wallet clients is not a good idea as it may contains malware in it.
FYR: https://bitcointalk.org/index.php?topic=349072.0

Lamigo
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June 15, 2014, 04:20:12 AM
 #20

Every other crypto has their own wallet. You can't use a Bitcoin wallet for a Litecoin wallet, or a Dogecoin wallet, or whatever the newest buzz coin is.


There are indeed wallet clients that can help you manage multiple coins in one single program.
One example is Ufasoft Coin. https://bitcointalk.org/index.php?topic=58821.0

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