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Which Bitcoin wallet is better?

2016-05-01

Какой Биткоин-кошелек лучше?

People who have made a decision to increase capital and are looking for an output currency to make transactions on the network inevitably come across Bitcoin. But the earned and received funds must be stored somewhere. For these purposes, there are special storages (wallets). The only question is which Bitcoin wallet to choose. Below we will consider the types, features and examples of such storages, which will greatly simplify the choice.

 

Types of Bitcoin wallets

Before considering the main question, which Bitcoin wallet is better, lets highlight the main types. They are conventionally divided into the following types:

- Thick wallets. The peculiarity of such storages is in downloading the entire block chain, without which the wallet will not work. Plus - in maximum security, because the keys are with the owner, and each of the blocks is verified for authenticity. A special client program is installed here, through which the owner gains access to the available cryptocurrency. In this case, coins and keys are stored on the computer, so you have to personally be responsible for their safety.

- Thin wallets. In recent years, services that provide cryptocurrency storage services are gaining popularity. The advantage of this method is the presence of constant access to money and the absence of security problems. But there is a risk of running into scammers and running out of money. On the other hand, the wallet file is still with the owner.

Which Bitcoin wallet to choose (thick or thin), each user decides for himself. Here you should start from your own experience, the tasks and the frequency of using the Bitcoin cryptocurrency. I would also like to note that a number of services distribute free Bitcoin bonuses to a Bitcoin wallet, which allows you to earn extra money by storing funds. We will also consider one of these wallets in the article.

 

Thick Bitcoin Wallets

As mentioned, this is the most reliable option. The user himself deals with the security of the wallet, and the client program downloads the blocks and checks them for authenticity. Which Bitcoin wallet is the best here? Lets highlight several options:

Bitcoin Core is a client program that is in greatest demand among users of the crypto network. Its advantages are simplicity of money management, maximum security level, stability of work and safety of all personal data. The main disadvantage of the wallet is its high resource intensity and maximum requirements for PC power. In addition, keeping the computer on is required to keep other users on track, which leads to additional energy costs.
This Bitcoin wallet is made in Russian, which makes it easy to use. All cryptocurrency addresses are in one file called wallet.dat. In this case, the program offers to set a password to protect information from prying eyes. From the main functionality, it is worth highlighting the ability to sign a message, copy and download keys, work through the command line.

Armory. The peculiarity of the client is that it is installed on top of the wallet described above in order to expand the functionality. This Bitcoin wallet is also made in Russian, easy to use, and has a user-friendly interface. With its help, you can guarantee the management of several wallets at once and ensure the safety of personal funds.
Armory client is more suitable for advanced crypto network users who have already figured out the intricacies of the system. Such a wallet requires flexibility in management and the ability to organize the security of keys. When deciding which Bitcoin wallet is better, take into account the parameters of your PC. In particular, Armory requires a more powerful "machine" with 2 GB or more of memory.

Thin Bitcoin wallets

The second option is to use third-party services for storing funds. As already mentioned, all information here is taken from the server. Moreover, the client does not require downloading the entire batch of blocks. Such storages are more suitable for installation on less powerful devices, for example, on a tablet or laptop. The advantages are convenience, simplicity and high processing speed. Which Bitcoin wallet to choose here? Lets highlight several options:

MultiBit is a popular Russian Bitcoin wallet that is easy to use and suitable for beginners. You can familiarize yourself with the features of the storage on a special channel created on YouTube. A few minutes will be enough to understand the essence of the system and learn how to use it. The commission level can be set independently (the parameter is set in the settings). Before making a transaction, the client displays the information of interest - the amount of the commission, the total amount, the address, and so on.
Electrum is a client that is easy to use and uses a minimum of PC resources. After installation, it remains to select a server to connect. The generated phrase must be recorded or printed. This will become a kind of guarantee in case of password loss. The advantages of the system include the presence of multisignature in the latest versions. The ability to interact with different hardware storages.

Online Bitcoin wallets

It is worth highlighting Xapo, a wallet that distributes free Bitcoin bonuses to a Bitcoin wallet. A feature of the service is ease of management, availability of mobile applications and reliability. The Xapo Bitcoin wallet itself became in demand after the company issued a debit card. The plastic card had a connection with the cryptocurrency storage, which made it possible to withdraw funds from an ATM. The system also developed a program that guarantees free Bitcoin bonuses to a Bitcoin wallet, which attracted users of the crypto network.

The Xapo Bitcoin wallet has several advantages:

- The storage is reliably protected from hacking. Several passwords are provided here, which eliminate the risk of losing funds;

- Having a debit card allows you to use funds in everyday life and withdraw cash, if necessary;

- Easy to work online from a computer or mobile phone.

As for the disadvantages of the haro wallet for Bitcoins, they are actually not there. The system is friendly, easy to set up and reliable enough.


Mobile Bitcoin wallets

If a person travels often and wants to have access to their funds even from the phone, then it is worth giving preference to the mobile version of the wallet. Such clients allow working with QR codes and using cryptocurrency at any time.

Of the most popular options, it is worth highlighting the Bitcoin Wallet. The features of the storage are the ability to work on the Android operating system, complete confidentiality, support for the NFC system and the ability to pay through a special QR code. In addition, the Bitcoin jack wallet allows the owner to access the balance at any time. There is a possibility of currency conversion, which helps to reflect the amount of funds in any currency of interest, be it rubles, dollars or euros.

Payments can be made via bluetooth with a mandatory confirmation of receipt of funds. If necessary, an address book can be created on the Bitcoin jack wallet, where all addresses will be stored.

Thus, the choice of wallets is very wide. It remains to make the right decision, taking into account your own tasks.