Post
Topic
Board Beginners & Help
Re: confused regarding Bitcoin payments
by
ranochigo
on 08/09/2015, 13:32:34 UTC
yes I am using the blockchain.info on my computer but I have been told to try the wallet at
https://greenaddress.it/ which many have said have safer privacy and security mandates.
Blockchain.info in theory should be quite secure. They offer pretty good security features, allowing you and only you to be able to access the private key thus no one else can spend it. However, they have incredibly bad reliability due to their recent downtimes and several security vulnerabilities which could have been avoided. Greenaddress.it is quite a good choice but the android app is slightly buggy for me. I would recommend either Multibit or electrum for the best ease of use as you can easily forget your mnemorics on greenaddress.it.

Thanks ranochigo.I am quite apprehensive on hearing about their security vulnerabilities. Hopefully such vulnerabilities have since been patched and fixed.Do you recommend Multibit as a viable hot wallet?
Those vulnerabilities has indeed been fixed. I still wouldn't trust them considering that both could have been prevented by pentesting the script before updating the website and the another vulnerability actually existed for quite a long time. Multibit is quite a user friendly hotwallet, its quite simple while offering all the basic features.