Post
Topic
Board Beginners & Help
Re: Apart from the bitcoin core, are there any other way to store bitcoin?
by
Cookdata
on 28/09/2023, 17:48:05 UTC
Since I believe it will be better if I first understand bitcoin's technical side before I proceed on the forum, I am currently beginning my journey with it from a technical standpoint.
But as I was researching, I found out that I first needed to download a file called the bitcoin core in order to start storing my bitcoin. In light of this, I want to know if there is any other way to store bitcoin besides downloading the core. And which is safer.

And if there is, I'd love it if the senior members could assist me with it. It seems to me that utilising the bitcoin core on a mobile device won't be much easier for me, so please let me know if you know of any way to store my bitcoin without downloading the complete bitcoin core.

@BoiCrypto: You need to understand something first. Bitcoin is not stored in the wallet, the wallet helps you manage your private keys and helps you send and receive bitcoin. In the case of Bitcoin core, it helps you create a wallet(generate both Private keys and the corresponding addresses from a seed phrase) and also makes you a node( whether a full or node or prune node, but depends after the initial blockchain download: IBD)

Quote
In fact without Bitcoin Core, there can be no Bitcoin. Even if you don't run Bitcoin Core (which is totally possible), you will need to connect to someone else's computer. So you need to trust THEIR opinions and at the same time, you lose privacy.
Bitcoin Core, also provides you with a wallet, as I said.

Says who? Bitcoin core happens to be one of the oldest open source client that was built by and for the bitcoin community and till today, it is used by some people as you can run your own node without depending on another node for a reliable ledger of bitcoin blockchain but there are other ways you can run your own node without having to use bitcoin core, there are some of them you can DIY and also the plug and used, all depends on how expert you are with security and privacy. Bitcoin node doesn't end with Bitcoin core.