Hi guys, I really sorry if its already answered but somehow I cant find the right place to look.
Ok, so I decide to use multibit & electrum for my offline wallet because it look like they didnt need to download the whole BTCcore since I have very limited internet connection and limited hardisk space.
so heres my questions:
1) do I need keep my wallet online when I send/ receiving btc and wait until the confirmation is finish.
I once move my btc from blockchain.i to coinbase it took almost 3 days to finish the whole transaction (I set the transaction to the lowest fee (365 satoshi) before I made the transaction
)
Im asking this because I have limited internet connection, I cant go online for 24 hour or more. that woud be impossible to wait that long.
And If yes we have to go online on transaction, isnt it pretty risky for doin that?
2) What happen if someone send me bitcoin but my wallet is offline. lets say Im not online for 2 weeks
!
will the coin arrived after I go online and the wallet synchronized or not. And what happen if Im the sender.
3) What happen if Im in the middle of transaction (either sending/ receiving) but then I get disconnected from the internet, or have my pc freeze. will it affecting to my balance, will it affecting to the transaction value i.e wrong transaction value or etc.
4) I see that electrum & multibit (and perhaps others liteweight offline wallet) did not download the whole btccore, so that mean my btc is floating around on bitcoin network or internet, but it is locked by my private keys (is my statement here correct or not)
5) I know its silly question, but what happen if electrum/ multibit stopping their services, closing down their servers, is my btc will gone?
6) Is it wise to use 2 diffrent wallet client on same machine? I mean if 1 client is compromised/ corrupted will it affect to the other client?
7) I have 2mbps internet connection, yes its slow, will it affecting to my wallet performance or transaction?
I think thats all for now.. I really sorry for my english.. I really thank you guys in advance
Ok, so I decide to use multibit & electrum for my offline wallet because it look like they didnt need to download the whole BTCcore since I have very limited internet connection and limited hardisk space.
so heres my questions:
1) do I need keep my wallet online when I send/ receiving btc and wait until the confirmation is finish.
I once move my btc from blockchain.i to coinbase it took almost 3 days to finish the whole transaction (I set the transaction to the lowest fee (365 satoshi) before I made the transaction
)Im asking this because I have limited internet connection, I cant go online for 24 hour or more. that woud be impossible to wait that long.
And If yes we have to go online on transaction, isnt it pretty risky for doin that?
2) What happen if someone send me bitcoin but my wallet is offline. lets say Im not online for 2 weeks
! will the coin arrived after I go online and the wallet synchronized or not. And what happen if Im the sender.
3) What happen if Im in the middle of transaction (either sending/ receiving) but then I get disconnected from the internet, or have my pc freeze. will it affecting to my balance, will it affecting to the transaction value i.e wrong transaction value or etc.
4) I see that electrum & multibit (and perhaps others liteweight offline wallet) did not download the whole btccore, so that mean my btc is floating around on bitcoin network or internet, but it is locked by my private keys (is my statement here correct or not)
5) I know its silly question, but what happen if electrum/ multibit stopping their services, closing down their servers, is my btc will gone?
6) Is it wise to use 2 diffrent wallet client on same machine? I mean if 1 client is compromised/ corrupted will it affect to the other client?
7) I have 2mbps internet connection, yes its slow, will it affecting to my wallet performance or transaction?
I think thats all for now..
I really sorry for my english.. I really thank you guys in advance