Post
Topic
Board Development & Technical Discussion
Re: Which types of wallet better for bitcoin?
by
Yanisumin
on 09/12/2017, 10:57:06 UTC
Which types of wallet better for bitcoin? which wallet better for bitcoin secure

I'm using electrum for years and still using it now, but this is just by having some coins. Like them, I will recommend using Hardware wallet or paper wallet and put that paper where your rats can't reach because some rats ate a part of my seed last month so be careful.

Bitcoin Core is the best if you got around 200GB free space of hard drive to spare. It is most secure and helps the network.

I can't believe i just read that.
In which universe is bitcoin core the most secure wallet? - definetly not in this one.
Every desktop wallet contains the huge risk of being vulnerable to malware of any kind.
Whether if its malware which is directly aimed at this wallet, waiting for you to unlock it just to steal all of your coins, or
if its the 'every-day-'malware (steal clipboard, copy/paste virus, search for wallet files, ... ) which is going around in the wild for quite some time now.

A desktop wallet in a safe environment is fine when storing some coins.. but for anything which exceedes a multiple of the price of a hardware wallet
i wouln't trust any desktop wallet (or any (especially) windows pc).

For everydays use:
Mobile wallet / Desktop Wallet

For anything above X coins (replace x with the amount of coins you would not want to lose to a stupid script kiddy because of a windows or java exploit):
Hardware or Paper wallet
Hardware wallets cost about 60$+ but are pretty handy for everydays usage and Paper wallets are basically free but not that handy when spending funds from them.

I'm just wondering what is the tenacity of hardware wallets in terms of long term use. Even flash drives have a limited time. It would be scary if one day your trezor have some "hardware error"  Huh Huh Huh

If you are looking for a wallet on your PC, then Bitcoin Core is the best if you got around 200GB free space of hard drive to spare. It is most secure and helps the network.

If you don't use core, then they aren't your Bitcoins. It's the same as money deposited in a fiat bank.

If you don't want to tie up 200Gb, then run a pruned node. You lose a few functions, but save a lot of drive space. If you haven't got the drive space available, then use an external SSD.

Good line. I don't have enough knowledge on BTC core too, so that's it. I wonder if that core is consuming a lot of data, and what is the requirements of the PC to run that?
I'm willing to download this.