Post
Topic
Board Wallet software
Re: Electrum vs Multibit
by
HCP
on 03/08/2016, 11:08:01 UTC
Yes. Is more complex, but yes. See schildbach app, it uses scrypt(4096,8,1). This scrypt can be calculated fast like sha 256. I think because its for phone which is not fast for scrypt default. Multibit classic uses md5. md5 is little bit broken. multibit hd is a good improvement over this.

Do not think now electrum is not good wallet please. Its special attack. Use longer password and all is ok. Dont get your file stolen is even better.
Ahhh OK... excellent. I'm just a naturally skeptical person, so when people show pretty graphs that 1. I don't understand and 2. don't really explain what I'm looking at, I get curious Wink

I have faith that Electrum is still a relatively secure wallet... Alll this means is that Multibit is "a bit more" secure when it comes to someone trying to brute force my wallet file should it get stolen.