Quote from: redsn0w on February 09, 2015, 03:54:35 PM

Quote from: viking02 on February 09, 2015, 03:49:41 PM

Both of these are downloaded to my computer and i set everything up. However still bit hesistant on which to choose to receive my bitcoins. From what i read blockchain is very safe and so is electrum. The big issue is i read blockchain is online so if anything happens to it, ppl can lose their bitcoins. If thats the case, isn't it going to be everyone with bitcoins on blockchain then or it could be a select few?

I read electrum is better since its on your computer and you control everything. However... i just noticed i was never asked for 2 FA on electrum compared to blockchain. Is there a reason for this? Why is there no 2 FA for electrum?

Also i read that blockchain is better because even if something happens to your computer, as long as you have the backup 12 word phrase you are fine. But electrum i read is the same thing. So is there any difference between this? I know as long you remember your password you would be fine with either but with electrum... you would have to remember the 12 word phrase but blockchain as long as you have the password, that is always enough and of course as long as you have your iphone with google authenicator?

Quote from: dsly on February 09, 2015, 03:52:57 PM

Isn't blockchain an online wallet ? and Electrum the download one ?

Are you talking about blockchain.info ? I don't suggest it... instead it is better greenAddress.it (multiSig + 2FA+ istant confirm). What do you want more? However also electrum it is a good desktop wallet.

Im talking about going from coinbase to blockchain when sending bitcoins. So is that the blockchain.info? When i mention blockchain in this site or other sites, everyone knows what im talking about. So i assume its blockchain.info then?

Yes i downloaded electrum but one fear of mine is if my computer goes corrupt or some thing like that happens. I know as long as you have the 12 word phrase with you, its fine but that still pretty scary if the client or my computer has problems etc and thats why i want to just go with blockchain instead since as long as you have the password its fine. Also it requires 2 FA whereas electrum doesn't. So if someone has access to your computer... then obviously electrum isn't that safe then right compared to blockchain?