Quote from: katana on June 20, 2016, 09:02:47 AM

Quote from: BitcoinSupremo on June 20, 2016, 07:51:38 AM

Quote from: Jhanzo on June 19, 2016, 07:33:46 PM

Quote from: BurtW on June 19, 2016, 05:06:42 PM

You realized that the new blockchain.info wallet is also a deterministic wallet and that therefore all you need to do is keep the SEED (12 words) and this backs up everything about the wallet (including all transactions etc.) just like all other deterministic wallets like Electrum and MultibitHD, right?

I don't know about that. I've tried restoring the wallet using the seed on both wallet. Multibit HD asked for a datestamp which is only available on wallet backups created using Multibit HD and Electrum didn't even accept the seed.

Electrum needs its own seed and the seed in electrum is case sensitive, if you try to restore your blockchain wallet seed via electrum it will definitely not work. And I am really surprised like a legendary member is defending the worst of all wallets blockchain.info, everything may happen inside my computer but it also happens inside a browser which has much higher risks, rather than doing the transaction for example via electrum servers which got nothing stored on them(private keys are on my PC and not on my browser) anyway to the OP be smart and switch as soon as possible to a desktop wallet as compared to online wallets are safer usually and I have never heard a single story for example of Electrum being hacked, different with blockchain which we all know a lot of stories.

Yes, with the old version blockchain.info wallet, we have heard the missing funds from the wallets from time to time. But for this new HD wallets which is for addressing all of the existing issues. Security and user experience has been improved a lot. I haven't heard any hacks or missing funds yet since the upgrade.

Thats very good to know then, I will give this new wallet a try myself today once I get home and of course will only keep there maximum of 0.005 btc , should be good to have this low amount in order to do betting from my office without touching my main wallet. I hope you are right and this wallet truly have improved security a lot as thats what this wallet was missing big time. Lets see if this brings some hope.
If it works good without security problems for long time, then I may keep even more bitcoins in this wallet.
But still it cannot be beat Electrum, it can beat it in the sense that you can use blockchain everywhere, while if you want to use electrum everywhere you need your seed with you in different computers and that is not a good practice to do(high risk of trojans, malware ,phishing, keyloggers).