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Author Topic: Blockchain and Multibit  (Read 2734 times)
dlc1962 (OP)
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January 16, 2015, 03:19:13 AM
 #1

I've read what it says on the site but it still confuses me. Could someone explain how they go together?
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January 16, 2015, 03:50:28 AM
 #2

I've read what it says on the site but it still confuses me. Could someone explain how they go together?

MultiBit is a client which connects to the Blockchain

Think of the blockchain as the ledger for the entire bitcoin network.


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January 16, 2015, 04:12:48 AM
 #3

Do you mean blockchain.info? It is an online wallet that let you backup your private keys. While multibit is a desktop wallet that does not need you to download all the blockchain.


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January 16, 2015, 04:17:56 AM
 #4

Do you actually need multibit?
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January 16, 2015, 04:20:55 AM
 #5

Do you actually need multibit?

Yes, because it is a wallet. But there are many wallets to choose from. You can see it on https://bitcoin.org/en/choose-your-wallet.


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January 16, 2015, 04:30:59 AM
 #6

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.
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January 16, 2015, 04:40:01 AM
 #7

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.
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January 16, 2015, 04:45:41 AM
 #8

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.

Yep exactly - you can download directly from here(for Windows): https://multibit.org/releases/multibit-0.5.18/multibit-0.5.18-windows-setup.exe
then just install like standard program.
 

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January 16, 2015, 04:50:19 AM
 #9

There are many wallets available
but MultiBit is a great light-weight wallet perfect for casual shoppers Smiley

You don't need it, but it would be a great alternative for the bandwidth/space-heavy QT version


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dlc1962 (OP)
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January 16, 2015, 04:50:47 AM
 #10

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.

Do you do anything after it's installed? Like import anything?
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January 16, 2015, 04:51:56 AM
 #11

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.

Do you do anything like it's installed? Like import anything?

If you have a previous wallet, you may opt to import it Smiley
if not, then you do not need to. The wallet will generate a new address for you to use!

If you need any more support I'll be more than glad to help


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dlc1962 (OP)
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January 16, 2015, 05:02:03 AM
 #12

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.

Do you do anything like it's installed? Like import anything?

If you have a previous wallet, you may opt to import it Smiley
if not, then you do not need to. The wallet will generate a new address for you to use!

If you need any more support I'll be more than glad to help

My wallet is blockchain info.
Small
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January 16, 2015, 05:05:11 AM
 #13

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.

Do you do anything like it's installed? Like import anything?

If you have a previous wallet, you may opt to import it Smiley
if not, then you do not need to. The wallet will generate a new address for you to use!

If you need any more support I'll be more than glad to help
My wallet is blockchain info.

Well, if you want to migrate to MultiBit, then you'll have to import,
but if you don't have to, then blockchain.info would be alright Smiley


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dlc1962 (OP)
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January 16, 2015, 05:18:44 AM
 #14

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.

Do you do anything like it's installed? Like import anything?

If you have a previous wallet, you may opt to import it Smiley
if not, then you do not need to. The wallet will generate a new address for you to use!

If you need any more support I'll be more than glad to help
My wallet is blockchain info.

Well, if you want to migrate to MultiBit, then you'll have to import,
but if you don't have to, then blockchain.info would be alright Smiley

If I really don't need to do it then I'm going to stick with just using blockchain.info.
sed
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January 16, 2015, 05:28:41 AM
 #15

Online wallets are fine for getting started in bitcoin.  However, ever bitcoiner, imo, should eventually reach the maturity where they learn what a wallet is, what private keys are and how to manage them for themselves.  There have been nearly countless robberies and scams and hacks and whatnot that have befallen even the most trusted of online wallet companies.  Remember inputs.io, the wonderful site that let you make instantaneous offchain transactions?  It was so useful and trustworthy that hundreds of people simple left their bitcoins in their inputs.io accounts (I'm sure because it was easier than managing your own wallet and whatnot).  However, one day that company also just up and died and gobbled up everyones money who left it there.

These are some of the reasons why you should eventually learn to use your own wallet program.  And seriously, multibit is just a java file.  It runs on every platform (I use it on gnu/linux without an issue).  Why is so hard for you to run it?  I just do:

$ java -jar Multibit_exe.jar

I'm sure in windoze you just click the fucker.
pooya87
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January 16, 2015, 06:59:21 AM
 #16

I've read what it says on the site but it still confuses me. Could someone explain how they go together?
wallets that you install on your pc like "bitcoin-qt" need the blockchain which is a huge file (more than 20GB) but there are wallets called "light" which don't need the whole blockchin and connect to a server and only download the "headers" which can be as big as 30 MB

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Troonetpt
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January 16, 2015, 09:32:41 AM
 #17

I've read what it says on the site but it still confuses me. Could someone explain how they go together?
Multibit is a client of bitcoin wallet.
And Blockchain is a web site provide online wallet and block explorer.
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January 16, 2015, 09:45:21 AM
 #18

I don't get how to set it up. I've read the instructions. Tried to do it several times but I keep screwing up.

It's just a standard program; you install it just as you would install any other software.

How is this difficult at all? In my experience, MultiBit is the simplest wallet I've tried till date; for installation as well as usage.

Do you do anything like it's installed? Like import anything?

If you have a previous wallet, you may opt to import it Smiley
if not, then you do not need to. The wallet will generate a new address for you to use!

If you need any more support I'll be more than glad to help
My wallet is blockchain info.

Well, if you want to migrate to MultiBit, then you'll have to import,
but if you don't have to, then blockchain.info would be alright Smiley

If I really don't need to do it then I'm going to stick with just using blockchain.info.

Yup you can just keep using blockchain.info as your wallet. As long as your computer isn't infected with malware and you have enabled 2FA, your bitcoin is fairly safe.

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January 16, 2015, 10:02:21 AM
 #19

blockchain is an online wallet for bitcoins.
for multibit i dont know. maybe others already explain it to you
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January 16, 2015, 10:28:20 AM
 #20

if you already have a wallet at blockchain.info, you can keep it and use it for your daily transactions.

you can also have a wallet using multibit on your pc (much safer than an online wallet) to keep more coins.

If you already have coins in your blockchain wallet, you can transfer them to your multibit by sending them to your address.

You can have as many wallets you want. And you can have as many addresses you want. Many people use different address for every single transaction. It's up to you.

hope this helps.
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