Post
Topic
Board Bitcoin Discussion
Re: Why Bothered with Complicated Bitcoin wallets/Addresses
by
Latviand
on 23/04/2020, 05:47:40 UTC
so basically you chose the worse wallets of all times and listed them here as suggestion to others to use these wallets!

Blockchain wallet
blockchain.com is a web wallet and generally web wallets are the worst way you can store your bitcoins. additionally this particular wallet is known to have many bugs and be very lazy to fix those bugs. there are currently bugs that have existed for years in that platform! not to mention they are years late in implementing any new feature such as SegWit.

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Coinom wallet
it is a closed source wallet! that is enough reason to stay away.

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Trustwallet
it is a less popular wallet and is known to have some problems.

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Hardware Wallets
these wallets are good but only if you wanted to spend money. i personally avoid it since i can very well create a secure wallet on my own with practically no money. beginners could easily create a less complicated wallet such as paper wallets and reach a high security level.

Having a complicated wallet or addresses are the root of all losses of those people who are using it. When you want to be secured with your wallet, try to make your account, easy to memorize and remember so that you will not have a hard time sending or receiving money in your wallet.
Some of those people who have a harder and longer bitcoin wallet address are prone to losing their money that's why it is not necessary for your address to become long and hard to memorize.
Make it shorter, so that you can make your address highly secured compared to those who have long and hard to understand account. Those wallet that you have stated have different issues and problems in their platform and it will surely not that easy to become prone to that.