Post
Topic
Board Bitcoin Discussion
Re: Which one is better for you? Centralized wallet or decentralized wallet?
by
unent
on 30/05/2016, 16:06:42 UTC
The line between decentralised and centralised wallets is blurred. Electrum lets you keep your private key but connects to the Bitcoin network through one of a limited number of servers. Blockchain.info lets you keep your private key but you must access the Bitcoin network through its website. Coinbase is fully centralised because you don't know your private key, but Electrum and Blockchain.info are partly centralised.