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Check out his other work here. A relatively small portion of miners will recognize it, but enough that it will typically confirm after a few hours. Well designed with an engineer feel to it. So then just have merchants check for long chains. This video will tell you how to install all apps that you require and how you will not lose any of the other coins on Ledger-. And on desktop I like electrum, although I don't think many people should be using desktop wallets for security reasons but it also works well with the trezor.

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The 3 Best Hardware Wallets For Bitcoin of 2018 ( + Altcoins Supported)

Id personally recommend offline storage as the only method as it really is the safest way to keep your wallet to yourself. I dont trust leaving mine on my computer or anything like that. But i got mine awhile ago with CryoBit when they were just starting up and its been 3 years annd it still looks brand new. I'm looking for a good storage option too. But genuinely asking - wouldn't it be unsafe to get a CryoBit, since you'd have to give them your Private key?

Couldn't they just have a list of Private keys of everyone that's bought from them? I get asked this whenever i talk about offline storage and mention them but its a good question to ask. They require you to use an encrypted private key BIP when ordering the card for your own protection, which means they cant know it without your personal password.

They wont accept an unencrypted key when you order. According to their FAQ the address is stored for up to 10 days but I personally contacted them with the order number and they took it off the same day. Also idk if this is helpful to you but when i got mine I didnt have an encrypted wallet so their website had still has I believe unless theres a bug a plugin to bitaddress so you can generate an encrypted one.

To date, no hardware wallets have been hacked. I just finished reviewing the top 3 wallets available now. You can read the full article here - https: Hardware wallets are small devices that occasionally connect to the web to enact bitcoin transactions. They are extremely secure, as they are generally offline and therefore not hackable. They can be stolen or lost, however, along with the bitcoins that belong to the stored private keys. I personally tested and reviewed a dozen hardware wallets.

And I've put together this list to help you find the best bitcoin hardware wallet for you. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Bitcoin comments other discussions 1. Log in or sign up in seconds.

Submit link NOT about price. Submit text NOT about price. Bitcoin subscribe unsubscribe , readers 9, users here now Bitcoin is the currency of the Internet: You can also explore the Bitcoin Wiki: Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.

News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere.

Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. No referral links in submissions. No compilations of free Bitcoin sites. I use Electrum and some online wallets like Xapo, Coinbase but recently they've started to disappoint me. There sre new upcoming mobile and online wallets like Paycent and Bonpay, maybe they will be better. I think Bixin is a really good bitcoin wallet app. It's safe, flexible and it has a lot of functions, such as invest, escrow payment and transactions, find friends and groups as a social media, transferring and selling, etc.

For android probably we are talking about this ones: There are some good exchanges here too https: It is one of the best out there right now and I use it a lot. You can trade all sorts of Crypto-currencys whether it be Bitcoins or Litecoins. I think you'll find what you're looking for. I've just started mining and trading bitcoins.

I'm currently using a wallet called GreenAdress. What do you guys think about that? In comparison to other online-wallets it seems to be great, but i'm also a noob and could be terribly wrong.

Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Bitcoin comments other discussions 1. Log in or sign up in seconds. Submit link NOT about price. Submit text NOT about price. Bitcoin subscribe unsubscribe , readers 9, users here now Bitcoin is the currency of the Internet: You can also explore the Bitcoin Wiki: Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.

News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. No referral links in submissions. No compilations of free Bitcoin sites. Trades should usually not be advertised here. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong here.

New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. Do not post your Bitcoin address unless someone explicitly asks you to.

Mobile wallet, yes, and they were one of the first if not the first wallet to add segwit support, so they get my vote. Plus they have some privacy features. We've added Segwit support to our Sentinel watch-only app. Segwit support to Samourai Wallet itself is being tested I'm using it right now and will be ready for release soon. Thank you for the support. Don't forget about digital bitbox - https: Can someone explain what is better about a hardware wallet as opposed to breadwallet for iphone?

I have a relatively small amount but definitely not one im comfortable losing. Seems relatively secure, i'd probably have significantly more chance of losing a trezor to be honest It's still unlikely, but not impossible. Hardware wallets store your private keys away from the internet and have their own CPU to sign and export transactions. I don't really have enough btc yet to justify buying Trezor.

What do you guys think about storing on flash drive? Don't store on a flash drive. Flash drives break easily. Ledger is cheaper than Trezor. It's worth to buy a hardware wallet if you have significant value invested in cryptos. I have one flashdrive for several years used daily and nothing went wrong with it. If I bought new one stored my BTC on it and put it in my drawer what could possibly go wrong? I could also have back up on piece of paper if I understand it right couldn't I?

Flash drives are fine. I've always stored my seeds on encrypted flash drives. Just grab 2 or 3 and make copies. Even if someone finds the drive, they can't access the contents. Plus you don't have to rely on some third party to provide safe software. Even if one dies, you'll have a backup. If you are looking for a good bitcoin wallet and don't know much about it, I can recommend to check the best bitcoin hardware wallet reviews of This source can provide you with the information about all necessary things you should know before buying a wallet.

Personally I find it to be useful, and having read it, I've decided to choose the KeepKey. I hope it helps! So Jaxx is an online wallet right? I'm guessing it's not the safest bitcoin wallet if you are deciding to switch to a hardware alternative? No it's an application that has multi-platform support: You'll still want a hardware wallet such as trezor or ledger.

A good way to operate is to store the bulk of your bitcoin on the hardware wallet, as in what you plan to HODL. Then just keep your "walking around" money, i. So, if I change my phone and download Jaxx wallet app, or my phone becomes unusable, then can I recover my BTC by using that passphrase?

Then what is the use of passphrase? I thought it can be used to bring back crypto in another Jaxx app. But I haven't had the time to use it much something I'll try make time for soon.

On mobile I like breadwallet, although wish they had more power features. And on desktop I like electrum, although I don't think many people should be using desktop wallets for security reasons but it also works well with the trezor.

Mycelium -- I really like their wallet, but they've been doing a bunch of questionable things since they got their crowd funding. Setting a temporary passphrase in de the Ledger, it is possible to create hidden wallets and a level of 'plausible deniability':.

These settings are useful to have 1 main account and 2 or several hidden accounts from the same wallet. I'll edit my original post. Is this a new thing, as a month ago I couldn't do it? Maybe that you can switch by setting a new one, but otherwise you'll have to unplug it for a moment and go from there. If you don't like the SPV nature of it, you can run your own ElectrumX server backed by a full node, then securely connect to it. The Electrum Wallet has a completely different take on what a wallet should be.

It's significantly better in some areas such as offline signing, for example. Or you may be running a headless node, in which case you won't have a wallet at all, but rather just a node. If you setup your own Electrum server, you can enjoy the security and privacy properties of a full node on your. You might want to watch this video by Lawrence Palmer, founder of Dogecoin, where he covers different types of wallets, as of Jun Long time 3 years?

Would anyone explain to the newbie here why it is so unsafe to keep your btc in an online wallet like blockchain? Is it about being hacked? Having the access to your account suspended for any reason? Or is it a bigger deal, like the government suspending everyone's online access to our accounts?

All of those, or the online wallet could just transfer your coins elsewhere and say you never had any to begin with.

Not sure if anyone mentioned it but Bither seems to be a wallet that combines both hot and cold methods. Haven't tested it yet but it seems that you can have your hot version on you daily phone, check balance and have a smaller wallet for daily transactions, whilst the cold version will be installed on an offline phone and that would always be required to make a transaction from you main wallet by scanning a QR code.

So for the paranoid, how would I configure and run a 3 of 3 wallet backed by a keepkey, ledger and trezor? Offline wallets might give you your private keys, and seem secure, but if you're not technically minded and open random email attachments and use untrusted flash drives you don't know often, there is malware that specifically scans for wallet files now.

Keep the wallet files on a secure computer or phone that you don't carry with you or keep online constantly. The more coins you have the more important this becomes. Online wallets you don't have control of the private keys, but you're protected from malware. I find all android mobile wallets a bit bloaty, apart from MyCelium, but even they now have some ICO colored coin crap that would confuse newbs.

From a legal and liability perspective, wouldn't it be better to keep it on a capitalized and insured exchange like Coinbase?

I somewhat agree, because this is what I do myself not coinbase but a japanese exchange but they can decide tomorrow to close your account because you sent coins to an address they dont like.

And no they are not grating coins all the time, there is a lot of bitcoin forks, BCH is the first fork they will grant you coins on. You have access to the private keys and they do not keep your password. You can protect your own local access with a Yubikey and email notification requiring your approval. You can restore your wallet with the word recovery phrase.

I would rather use blockchain. Ultimately, no matter what kind of wallet you have, to use your bitcoins requires logging onto the web through your browser and inputting your bitcoin data. This is true even with offline transactions. A hot wallet is an account with an exchange in which you have no access to the private keys and the exchange stores your password. I noticed in some wallets you can append messages to transactions but not others? I'm looking for a wallet that can communicate something like an invoice number or a bill reference number.

Which ones support this? Regardless of what you use, always check that the hashes for the files you download are valid and signed with the author's PGP key. Also don't neglect backups. Quick question, once I have coins in the wallet do they still generate profit or loss or do I simply have X amount of coins?

You can read the full article at https: With any hardware or software wallet, an often overlooked step is protecting the mnemonic seed phrase these are often stored on paper. To protect against fire and water I recently got this kit and it comes with enough to store in multiple physical locations https: It looks like many comments here recommend both these as the best hardware wallets for storing bitcoin safely. Out of the Trezor and Ledger, which one would you prefer and why?

After trying both - I think that Tezor is the best. My personal opinion, though Ledger is very good too. But are your coins not important to you?

With Ledger you've no one to turn to if things do go wrong. Ledger customer support has answered me when I've reached out to them. Regarding safe keeping of coins there's nothing they or Trezor can do. They don't have access to your keys. Ledger supplies a nice little piece of paper with the Nano S for you to safe keep the 24 word seed. I'm glad you got helped as you deserve to. Everyone is free to choose the wallet that works best for them. It might be Ledger. They make a lot of mistakes though.

Check out Trezor or Keepkey. Stay clear of Ledger. The software wallets Mycelleum and Electrum are good. There are probably others, that other people here can advise on. The hardware is good, but the technical support staff, software, and CTO are lacking.. Too many issues there!

Your bitcoins are too precious to gamble. Nervous about Keepkey, I loved mine. They went underground for a few months, no communications.

I believe they recently reappeared and have been acquired by someone else. Maybe someone here is more knowledgable, but I would avoid Keepkey until they are more stable. Bought by ShapeShift, so now solid as a rock.

But that is my opinion. Research is your friend. No one complains about Trezor. It's just that Ledger has very poor aftermarket support and makes a lot of mistakes. I worry about their CTO. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Bitcoin comments other discussions 1. Log in or sign up in seconds. Submit link NOT about price. Submit text NOT about price.

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