Quote from: squatter on December 06, 2018, 06:44:55 AM

Quote from: faceoff97 on December 06, 2018, 06:17:18 AM

We know that holding Bitcoin is better when users have full control over their funds. What makes an open source software better? Is there any advantage on using it than using close source wallet.

With a closed-source wallet, you have to wonder whether it's been sufficiently reviewed. Further, it's possible your private keys could be stolen and relayed to a malicious party. While the latter is unlikely in the case of a reputable company like Jaxx, it's still a potential way to lose your coins.

Stick with an open source wallet that's been extensively peer reviewed.

There were open source wallet available lIke electrum and armony but Hodler wallet really catches my attention since it is the only open source multi wallet. The wallet also gained good feedbacks and reviews from the community. I like that you mentioned about stealing of funds, I actually once stored my funds in an exchange and unfortunately it was stolen since I have no full contro of my funds. Thank for your response I will take a look of available opensource wallet.