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Author Topic: Online or Desktop Wallet?  (Read 6408 times)
krishnavein
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October 17, 2014, 12:40:15 PM
 #41

Desktop wallet is my choice. No doubt about that.
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The Bad Guy
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October 17, 2014, 01:11:29 PM
 #42

It's so simple mate , the one you can control Grin obviously Offline Wallets (Desktop wallets)

ranochigo
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October 18, 2014, 12:37:45 AM
 #43

I'm new into crypto currency and was wondering which wallet I should use in terms of security.

I prefer desktop wallet then online, but make sure you have some anti-virus and scan if it has trojan...
Anti Virus does not guarantee that you do not get infected by trojan or other virus. There are plenty of fully undetectable viruses which means they cannot be detected. The best method is to verify and build the wallet yourself from source, I wouldn't download the wallet if its not open sourced.

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btcguys
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October 18, 2014, 01:14:17 AM
 #44

I would suggest online for purchases and small amounts and cold storage (offline wallet) for savings. you should check out paper wallet. here is guide for paper wallet: http://www.btcguys.us/blog/how-to-create-bitcoin-paper-wallet-tutorial

Remember not to print your private keys on a printer that keeps data in memory. So use a dumb printer for paper wallets.

thanks for the link. gonna try that one too. Now, where can I find a dumb printer now?  Grin

My guide seems a little rushed.. if you could provide some feedback, it would be great!
megadeth199
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October 18, 2014, 02:11:07 AM
 #45

Since I am paranoid, I am using the desktop wallet. Can't trust anyone with my bitcoin.
ARadzi (OP)
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October 18, 2014, 03:29:40 AM
 #46

I would suggest online for purchases and small amounts and cold storage (offline wallet) for savings. you should check out paper wallet. here is guide for paper wallet: http://www.btcguys.us/blog/how-to-create-bitcoin-paper-wallet-tutorial

Remember not to print your private keys on a printer that keeps data in memory. So use a dumb printer for paper wallets.

thanks for the link. gonna try that one too. Now, where can I find a dumb printer now?  Grin

My guide seems a little rushed.. if you could provide some feedback, it would be great!

Im still setting up that wallet you have provided. Gonna send some feedback as soon as I make it running.
bitkanu
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October 18, 2014, 04:16:35 AM
 #47

I am using an online wallet for my BTC and Coinbase is good for me this time because of phone verification and email verification Smiley. It is working right now but we cannot believe on any one Tongue

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Panjul
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October 18, 2014, 04:07:16 PM
 #48

I choose online wallet because it does not need to download
i use blockchain.info plus 2fa  Smiley
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October 19, 2014, 02:33:15 AM
 #49

yeah, blockchain.info is more secure. Smiley
Thenen
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October 19, 2014, 05:01:10 AM
 #50

yeah, blockchain.info is more secure. Smiley

But you are still putting your money on someone else's wallet. The risk is there..
ranochigo
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October 19, 2014, 05:06:08 AM
 #51

yeah, blockchain.info is more secure. Smiley

But you are still putting your money on someone else's wallet. The risk is there..
Blockchain.info wallet is NOT a shared wallet. That means, no one else have control to your wallet except you. The server have no decryption key, if you forget your password and don't have the passphrase for password recovery, your BTC is gone since they have no access to your wallet.

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gregheflee
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October 19, 2014, 05:12:58 AM
 #52

yeah, blockchain.info is more secure. Smiley

Have you tried it? Did you experienced any problem or the likes? Is it a hassle free transaction?
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October 19, 2014, 08:50:00 AM
 #53

Still prefer desktop wallet over online wallet. Remember input.io?

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October 19, 2014, 10:38:14 AM
 #54

yeah, blockchain.info is more secure. Smiley

Have you tried it? Did you experienced any problem or the likes? Is it a hassle free transaction?

I have tried it, so far no problem. Smiley Make a backup before start using it. Send the backup to your email and one .pdf backup(paper wallet). It would be good. It is best to store it somewhere safe and then delete the email.

Still prefer desktop wallet over online wallet. Remember input.io?

Blockchain is different but still offline is better. Roll Eyes

   ~~MZ~~

MarketTime
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October 19, 2014, 10:41:45 AM
 #55


Still prefer desktop wallet over online wallet. Remember input.io?

Blockchain is different but still offline is better. Roll Eyes

   ~~MZ~~

How is block chain diffrent?
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October 19, 2014, 11:05:07 AM
 #56

How is block chain diffrent?

Like an offline wallet, you have full access to your wallet incl. private keys.

Quote
Blockchain.info uses industry standard AES encryption to protect your wallet from thieves and hackers. The amazing part is the encryption is all done within your browser, before it is saved on our servers, so not even we have access to your account!

My Wallet builds on the security of bitcoin by providing a host of features to help you keep your money safe including Paper Wallets, Offline Transactions, https:// and Remote Backups.

   ~~MZ~~

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October 19, 2014, 11:15:52 AM
 #57

Comb. of onlines and electrum + paper wallets of course.

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October 19, 2014, 11:44:38 AM
 #58

Online wallet and desktop wallet is dangerous, offline wallet is the best..
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October 19, 2014, 01:18:45 PM
Last edit: October 22, 2014, 01:28:28 AM by Centaurus
 #59

Online is more flexible, desktop is (with some cautions) more secure

Centaurus
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October 20, 2014, 12:12:34 AM
 #60

One of bitcoin's selling point is decentralized trust - you don't have to trust anybody.
If you have an online wallet, you need to trust the service provider.  Smiley


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