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BTC wallet suggestions - Page 2
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BTC wallet suggestions

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  • @cAPSLOCK said:
    Laptop/Workstation:
    1. Sparrow https://www.sparrowwallet.com/
    2. Electrum https://electrum.org/
    3. Blockstream Green https://blockstream.com/green/

    Android (I would avoid for much value, honestly):
    1. Green https://blockstream.com/green/
    2. Samourai* https://samouraiwallet.com

    Hardware Signers (AKA Hardware Wallets)
    1. Blockstream Jade https://store.blockstream.com/product/blockstream-jade-hardware-wallet/
    2. SeedSigner (DYI) https://btc-hardware-solutions.square.site/

    GET YOUR COINS OFF EXCHANGES.
    It is impossible to overstate the importance of the above. An exchange is NOT a wallet. And a custodial wallet does not belong to you. One day your coins will be siezed most likely.

    Storing your own bitcoin is not an easy task. And there are many pitfalls. The above wallets I recommend are open source and well tested. But CHECK YOUR BINARIES.

    Ultimately you will store your seed words on some kind of permanent surface (stainless steel) in something like a bank vault.
    https://bitcointalk.org/index.php?topic=5389446.0

    Produce your own seed using dice, or one of the above hardware wallets.

    DO NOT USE A COMPUTER FOR ANY PART OF THIS. Do it on paper. (And test, test, and test again. Plan for disaster)

    NEVER UNDER ANY CIRCUMSTANCES PUT YOUR COLD STORAGE SEED ON A COMPUTER.

    NEVER UNDER ANY CIRCUMSTANCES GET YOUR COLD STORAGE SEED FROM A COMPUTER.

    A CELL PHONE IS EVEN WORSE THAN A COMPUTER FOR THE ABOVE.

    PERIOD. The above is the most important thing. Sure use a wallet like Edge (recommended above by someone else) for pocket money. In other words money you are not worried about losing.

    There is good advice in this thread, and there is bad advice in this thread. Only you can decide which is which.

    Glad to continue to help if you want it. Bitcoinner since 2011.

    • Yes. I know Samourai is controversial. OK. Use Green then. Or perhaps Bluewallet (super underrated. Can do air gapped signing even!)

    Btw Edge is non-custodial + open source.

    This guys probably trying to get like $20 to buy a VPS, not fuck around with a piece of paper in a safe.

  • Sure. Edge is an interesting project, and ticks a lot of good boxes. But I would only trust a wallet on my phone with small money unless it works along side a signer. That's why Green is first on my list for phones. If the wallet itself produces the seed then I have to trust them not to screw that up on a live internet device. And using a seed I made securely is a no-go typing it into a phone.

  • @cAPSLOCK said:
    Sure. Edge is an interesting project, and ticks a lot of good boxes. But I would only trust a wallet on my phone with small money unless it works along side a signer. That's why Green is first on my list for phones. If the wallet itself produces the seed then I have to trust them not to screw that up on a live internet device. And using a seed I made securely is a no-go typing it into a phone.

    Keyword here is alternative to Coinbase.

    Using the context of the thread, you can tell he’s looking for an easy to use alternative. Not a big brain 200 IQ paper wallet solution.

    Plus the project you linked to is literally advertising a public ledger crypto as anonymous:

    “A bitcoin wallet for the streets
    A modern bitcoin wallet hand forged to keep your transactions private your identity masked and your funds secured.”

    It’s also not fair to imply one will lose their funds by using a non-custodial open source wallet that allows 2FA, nor is it to say “one day your coins will be siezed [seized] most likely.”

    Realistically your post could be summarized as “multisig is best practice for storing large amounts of crypto.”

    Thanked by 1Oldky
  • Try the non-custodial wallet of https://nash.io/ they give you IBAN accounts in Netherlands for easy fiat in and out :)

  • Realistically your post could be summarized as “multisig is best practice for storing large amounts of crypto.”

    I would never recommend someone go from coinbase to multisig in one step. In fact I am not sure multisig is a good idea for many folks at all. I guarantee that a large portion of the people using it currently think they can lose one seed of a 2/3 setup and be fine. And yet they cannot and could lose all their money using MS.

    If I summed up my post for him in particular I would say this.

    If you own more Bitcoin than you would feel OK losing buy a Jade (if you are BTC ONLY) and just use Green Wallet. If you are into alts (a topic I will not breech lol) then do it with a Trezor.

    I did not post all that to try to be a smartypants or offer complicated solutions. I posted it because I think it is important that a person who is choosing to self custody their Bitcoin should do so with a good base of first principal knowledge.

  • i'm using safepal

  • How come nobody's suggesting Atomic Wallet?

  • SaahibSaahib Host Rep, Veteran

    Their is no alternative to self hosted wallet, its been emphasized in this thread. For the paranoids, write your own code, use the API, https://developer.bitcoin.org/reference/rpc/ blockchain is open to all.

    Also, I noticed edge.app are monitoring traffic from LET https://edge.app/about/?af=lowendtalk-com, interesting.

  • Trust wallet

  • gabydupgabydup Member
    edited November 2023

    @cAPSLOCK said:
    Laptop/Workstation:
    1. Sparrow https://www.sparrowwallet.com/
    2. Electrum https://electrum.org/
    3. Blockstream Green https://blockstream.com/green/

    Android (I would avoid for much value, honestly):
    1. Green https://blockstream.com/green/
    2. Samourai* https://samouraiwallet.com

    Hardware Signers (AKA Hardware Wallets)
    1. Blockstream Jade https://store.blockstream.com/product/blockstream-jade-hardware-wallet/
    2. SeedSigner (DYI) https://btc-hardware-solutions.square.site/

    GET YOUR COINS OFF EXCHANGES.
    It is impossible to overstate the importance of the above. An exchange is NOT a wallet. And a custodial wallet does not belong to you. One day your coins will be siezed most likely.

    Storing your own bitcoin is not an easy task. And there are many pitfalls. The above wallets I recommend are open source and well tested. But CHECK YOUR BINARIES.

    Ultimately you will store your seed words on some kind of permanent surface (stainless steel) in something like a bank vault.
    https://bitcointalk.org/index.php?topic=5389446.0

    Produce your own seed using dice, or one of the above hardware wallets.

    DO NOT USE A COMPUTER FOR ANY PART OF THIS. Do it on paper. (And test, test, and test again. Plan for disaster)

    NEVER UNDER ANY CIRCUMSTANCES PUT YOUR COLD STORAGE SEED ON A COMPUTER.

    NEVER UNDER ANY CIRCUMSTANCES GET YOUR COLD STORAGE SEED FROM A COMPUTER.

    A CELL PHONE IS EVEN WORSE THAN A COMPUTER FOR THE ABOVE.

    PERIOD. The above is the most important thing. Sure use a wallet like Edge (recommended above by someone else) for pocket money. In other words money you are not worried about losing.

    There is good advice in this thread, and there is bad advice in this thread. Only you can decide which is which.

    Glad to continue to help if you want it. Bitcoinner since 2011.

    • Yes. I know Samourai is controversial. OK. Use Green then. Or perhaps Bluewallet (super underrated. Can do air gapped signing even!)

    I've heard Coldcard is better than Blockstream Jade. Is there a reason why you didn't include it on the list of hardware wallets?

    Thanked by 1cAPSLOCK
  • Electrum is the best. Simple, fast and light.

  • @gabydup said:

    I've heard Coldcard is better than Blockstream Jade. Is there a reason why you didn't include it on the list of hardware wallets?

    Coldcard is an excellent wallet. It is not my choice for several reasons.

    1. I like the lack of a secure chip in the Jade. I think the blind oracle method of encryption it uses is a better tradeoff. The reasoning behind this would take pages, and there is a LOT of misunderstanding/FUD about it out there. Coldcard uses 2 secure chips, which has some good points and some bad too. Both are tradeoffs all the way down. I prefer Jade's.
    2. The software and hardware of Coldcard is NOT FOSS. They do not even claim this on their website anymore instead saying it is "reproducible". Not only is the Jade really open source but even the hardware is open as well as commodity hardware. You could build one yourself. Or start a company that copies all of it, and changes it or not.
    3. Finally it's just a vibe thing. I am a contrarian and don;t want to do what the "cool kids" are doing. That's a personality flaw in myself. But I also kind of just don't like the founder of CK's style. Something arrogant and elitist in it.

    The last point on it's own is certainly not a good reason to pass it over, but I think the other two are.

    BUT, as I opened, it is a great Bitcoin only hardware signer. One of the best in many regards.

    Thanked by 1gabydup
  • @cAPSLOCK said:

    @gabydup said:

    I've heard Coldcard is better than Blockstream Jade. Is there a reason why you didn't include it on the list of hardware wallets?

    Coldcard is an excellent wallet. It is not my choice for several reasons.

    1. I like the lack of a secure chip in the Jade. I think the blind oracle method of encryption it uses is a better tradeoff. The reasoning behind this would take pages, and there is a LOT of misunderstanding/FUD about it out there. Coldcard uses 2 secure chips, which has some good points and some bad too. Both are tradeoffs all the way down. I prefer Jade's.
    2. The software and hardware of Coldcard is NOT FOSS. They do not even claim this on their website anymore instead saying it is "reproducible". Not only is the Jade really open source but even the hardware is open as well as commodity hardware. You could build one yourself. Or start a company that copies all of it, and changes it or not.
    3. Finally it's just a vibe thing. I am a contrarian and don;t want to do what the "cool kids" are doing. That's a personality flaw in myself. But I also kind of just don't like the founder of CK's style. Something arrogant and elitist in it.

    The last point on it's own is certainly not a good reason to pass it over, but I think the other two are.

    BUT, as I opened, it is a great Bitcoin only hardware signer. One of the best in many regards.

    Thank you for your answer, very interesting points (couldn't find any interview of CK's founder).

    Do you think it's also an advantage the fact that Blockstream Jade has its own wallet (Blockstream Green)?

  • I more think it's an advatage that HWI includes the Jade https://github.com/bitcoin-core/HWI . So you can use it with Electrum, Sparrow (my fav), Spector and so on. But green is a good simple bitcoin wallet that also supports the interesting Liquid layer 2 project. And it works great on a phone.

    Thanked by 1gabydup
  • Using Ledger and happy with it

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