DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:06 PM
(This post was last modified: Oct 1, 2017 02:22 PM by Kill Joy.)
Introduction
Crypto currency and assets such as Bitcoin, Ethereum, and hundreds of other alt-coins, have become increasingly popular the past few years. Along with the rise in popularity comes a rise in theft. This thread is dedicated to an overview of storing and keeping your assets protected.
Key Terms to Understand- Private Key - A randomly generated number. This key gives direct access to your assets.
- Public Key - a 2D point coordinate on an Elliptic Curve derived from a private key. This key is public, meaning people can see the amount on your private key but cannot access it.
- Mnemonic Phrase - In crypto terms, this is a group of words that generate a unique wallet phrase which gives you a human-readable list of words to back-up your wallet for recovery.
- Multisignature - Also called multi-sig. In terms of Wallets, multisig has one private key on your computer and typically one on your phone. A signature is required from both devices before a transaction is sent.
- Seed - A potentially-short value used as a seed to generate the master private key.
Different Variations of Wallets- Cold Wallet - Refers to storing crypto offline (i.e, encrypted media, hardware wallet, HDD, USB, paper wallet). Most secure!
- Hot Wallet - A wallet connected to the internet in some way. These are less secure.
- Hardware Wallet - Also known as Hard Wallets, these Wallets safely store your private keys. Very secure.
- Mobile Wallet - May or may not control your private keys. Check if they control your keys before using! Also check if they are open-source.
- Web Wallet - Wallets that are managed by 3rd parties and control your private keys. Please note, MyEtherWallet (MEW) is not a web wallet as it is strictly client-sided.
Click the links below to be taken to a list of:
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:07 PM
(This post was last modified: Oct 1, 2017 02:17 PM by Kill Joy.)
Cold Storage Wallets
- You can write down or print your private keys. To generate a Bitcoin paper wallet, go here. Litecoin users go here.
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:07 PM
(This post was last modified: Oct 1, 2017 02:18 PM by Kill Joy.)
Hardware Wallets
- Coins supported: BTC, ETH, LTC other altcoins and tokens.
- Wallet Integrations: BitGo, Copay, Electrum, GreenBits, Mycelium, MyEtherWallet, Ledger Wallet Bitcoin, Ledger Wallet Ethereum, Ledger Wallet Ripple.
- Coins supported: BTC, ETH (+ All ERC-20 Tokens), ETC, LTC, ZEC, NMC, DOGE, DASH.
- Wallet Integrations: ArcBit, Blockonomics, Copay, Chrome Extension, Electrum (DASH + LTC), Etherwall, MultiBit HD, Mycelium, TREZOR Wallet, Sentinel.
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:08 PM
(This post was last modified: Oct 1, 2017 02:18 PM by Kill Joy.)
Hot Wallets
- Coins supported: BTC, ETH
- Make sure to back up your wallet.
- Coins supported: BAT, QTUM, NEO, REP, DCR, BTC, DASH, EOS, LTC, ETH, GNT
- Make sure to back up your wallet.
- Coins supported: BTC, ETH, ETC, DASH, DAO, LTC, REP, ZEC
- Make sure to back up your wallet.
- Make sure to back up your wallet.
- Coins supported: BTC, ETH, LTC
- Not recommended unless coins are stored in the vault
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:08 PM
(This post was last modified: Oct 1, 2017 02:30 PM by Kill Joy.)
Web Wallets
- Coins supported: BTC, ETH
- Coins supported: BTC, ETH, LTC
- Not recommended unless coins are stored in the vault
- Coins supported: BTC, ETH, ETC, DASH, DAO, LTC, REP, ZEC
- Coins supported: BTC, ETH.
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:08 PM
(This post was last modified: Oct 1, 2017 02:32 PM by Kill Joy.)
Mobile Wallets
- Coins supported: BTC, ETH
- Coins supported: BTC, ETH, LTC
- Not recommended unless coins are stored in the vault
- Coins supported: BTC, ETH, ETC, DASH, DAO, LTC, REP, ZEC
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:09 PM
(This post was last modified: Oct 1, 2017 02:33 PM by Kill Joy.)
Wallets by Security
- Coins supported: BTC, LTC, DOGE, NMC, ETH, DASH, + Shapeshift integration.
- Coins supported: BTC, ETH, LTC other altcoins and tokens.
- Coins supported: BTC, ETH (+ All ERC-20 Tokens), ETC, LTC, ZEC, NMC, DOGE, DASH.
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:09 PM
(This post was last modified: Oct 1, 2017 02:33 PM by Kill Joy.)
Wallets by Ease of Use
- Coins supported: BTC, ETH
- Coins supported: BTC, ETH, LTC
- Not recommended unless coins are stored in the vault
- Coins supported: BAT, QTUM, NEO, REP, DCR, BTC, DASH, EOS, LTC, ETH, GNT
- Make sure to back up your wallet.
- Coins supported: ETH, ETC, All Ether Tokens
DO NOT DEAL WITH THIS MEMBER
Aug 7, 2017 08:09 PM
(This post was last modified: Oct 1, 2017 02:35 PM by Kill Joy.)
Wallets by Coins
- ERC-20 Ether Tokens (All)
Don't see a wallet for your coin? Ask below or request one to be added to the list!
Aug 7, 2017 08:10 PM
(This post was last modified: Aug 7, 2017 08:11 PM by Froggy.)
Wow, great thread Kill Joy! This will be very helpful for those new to crypto currency. ![[Image: sticky-bro.png]](https://hackforums.net/uploads/awards/sticky-bro.png)
Great thread, Kill Joy. Very nice and informative for those who are looking to learn more about the different types of wallets. Keep up the good work! :)
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surprised you could fit this all in that few posts ^_^
nice thread
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(Aug 7, 2017 08:24 PM)J. McCarthy Wrote: surprised you could fit this all in that few posts ^_^
nice thread
Hahaha. Made it much easier for organization instead of having a huge list to scroll through and get lost in.
Lot of new and old members alike always asking about wallets. This is perfect for them.
Great thread KJ, appreciate the continuous hard work you've been putting into the Crypto section!👍
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