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Author Topic: Most Secure bitcoin wallet ?  (Read 36248 times)
cobblelyf
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November 20, 2015, 10:22:35 PM
 #401

i believe its paper wallet
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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November 20, 2015, 11:39:58 PM
 #402

i believe its paper wallet
me too Smiley
paper wallet is best wallet for holding bitcoin
it's cheap because you need only 1 sheet paper
secure because offline
but you must hide peper wallet at super safety place
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November 21, 2015, 04:32:04 PM
 #403

Bitcoin is based on cryptography. So, the strong encryption protects bitcoin ecosystem safely. Same way a strong encryption can protect your wallet as well as your bitcoins. We need to go the same way of bitcoin to secure our hard earnings.
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November 21, 2015, 04:57:50 PM
 #404

The most secure wallet is :
1. Bitcoin Core
2. Hardware wallet
3. Paper wallet

i think cloud wallet is'nt secure for hold biggest bitcoin


I can understand Hardware wallets & Paper wallets being on the list , but Bitcoin Core being on the list and being the first one on it is just not too logical for me , all someone needs to do to hack that wallet is probably a file that gets the wallet.dat from the PC (just like the others wallets) .
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November 22, 2015, 04:59:59 PM
 #405

Bitcoin is based on cryptography. So, the strong encryption protects bitcoin ecosystem safely. Same way a strong encryption can protect your wallet as well as your bitcoins. We need to go the same way of bitcoin to secure our hard earnings.

Same way, bitcoin is the public ledger payments system. So everybody can see the address and it's balances. But bitcoin system's encrytion method do not allow to crack the private key of a particular address. So, basically bitcoin is a secured one. Only our wallets need a password to protect our bitcoins.
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November 22, 2015, 07:31:12 PM
 #406

The most secure wallet is :
1. Bitcoin Core
2. Hardware wallet
3. Paper wallet

i think cloud wallet is'nt secure for hold biggest bitcoin


I choose Paper wallet is still the most secure wallet
I think is the best to save coin if i have a lot bitcoin. 
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November 22, 2015, 08:03:16 PM
 #407

Electrum wallet looks really secure and alot of experts here say it is one of the best.
It is feature filled so I would say you can't go wrong in using it.




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November 23, 2015, 12:00:31 PM
 #408


they're known for super cheap randomizing in their apps for example. which lead to some weird reuse of addresses...

better use something like blocktrail (HD wallet) or coinomi or mycelium.
Blockchain.info used random.org to generate entropy but HTTPS was implemented and the error code was returned as a result and it was hence insecure in some devices which uses an bugged RNG. The entropy is now fully from random.org. It wasn't random.org's fault. Blockchain.info should have regularly audited it.

Same way, bitcoin is the public ledger payments system. So everybody can see the address and it's balances. But bitcoin system's encrytion method do not allow to crack the private key of a particular address. So, basically bitcoin is a secured one. Only our wallets need a password to protect our bitcoins.
If quantum computing does becomes a reality one day, the private key can be derived from the public key. This is a problem if there is address reuse. It can be easily migrated with a fork however.

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November 24, 2015, 06:30:55 PM
 #409

I had some money in moneypot wallet but i withdrew all of them.
Because that site is being sold and who know the new owner what will do.
I am staying at coinbase at the moment not the best wallet but good enough for small amount.

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November 24, 2015, 09:57:14 PM
 #410

Electum and mycelium is the most popular ones with offering a lot of rich features.
People have said they a quite secure since they allow you to work with your private keys with in their program interface.
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November 24, 2015, 09:57:42 PM
 #411

I love blockchain, but I don't know if you can call it the most secure...
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November 24, 2015, 10:30:09 PM
 #412

Paper wallet would be the safest possible way to protect your bitcoins.
But I have been looking in to the USB based PI wallet. It seems like the most secure way to transact with your BTC yet. Just wiki it and you will see for yourself.

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November 25, 2015, 05:56:05 AM
 #413

I love blockchain, but I don't know if you can call it the most secure...

It is secure as much as you stay secured, have a strong password, 2FA activated and using a clean device(without viruses), but i have seen that blockchain is not allowing some users to withdraw their money sadly.
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November 25, 2015, 07:02:31 AM
 #414

I love blockchain, but I don't know if you can call it the most secure...

It is secure as much as you stay secured, have a strong password, 2FA activated and using a clean device(without viruses), but i have seen that blockchain is not allowing some users to withdraw their money sadly.

Can you point to article or where this is coming from?  That would be odd for blockchain to stop users from their own funds.

They allow you to get the private key through their paper wallet.. so you should be able to import it into about any wallet.
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November 25, 2015, 07:13:52 AM
 #415

I love blockchain, but I don't know if you can call it the most secure...

It is secure as much as you stay secured, have a strong password, 2FA activated and using a clean device(without viruses), but i have seen that blockchain is not allowing some users to withdraw their money sadly.

Can you point to article or where this is coming from?  That would be odd for blockchain to stop users from their own funds.

They allow you to get the private key through their paper wallet.. so you should be able to import it into about any wallet.

Well it is not an article but i read here in forum that people are having not good moments with blockchain support as in other way they 'freeze' their wallets, also i saw that it is removed as a wallet in bitcoin website.
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November 25, 2015, 08:19:42 AM
 #416

I love blockchain, but I don't know if you can call it the most secure...

It is secure as much as you stay secured, have a strong password, 2FA activated and using a clean device(without viruses), but i have seen that blockchain is not allowing some users to withdraw their money sadly.

Can you point to article or where this is coming from?  That would be odd for blockchain to stop users from their own funds.

They allow you to get the private key through their paper wallet.. so you should be able to import it into about any wallet.

Well it is not an article but i read here in forum that people are having not good moments with blockchain support as in other way they 'freeze' their wallets, also i saw that it is removed as a wallet in bitcoin website.
Link? They allow users to make backups of the private key into their computer to import. AFAIK, Blockchain.info never had a incident which the support refuses access to the wallet without valid reasons. If the support disallow user's access to the wallet when user does not have 2FA nor password, that's understandable, if not, they would potentially be allowing hackers to get into the wallet. Also, password is not sent to their server if you inspect the code. Any traces of them stealing Bitcoins can be easily seen.

That being said, Blockchain.info was removed due to the many security incidents that has happened.


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