Which one is best? What do they do? Bitcoin Walletsfiles.meetup.com/10802102/Bitcoin...
Transcript of Which one is best? What do they do? Bitcoin Walletsfiles.meetup.com/10802102/Bitcoin...
Bitcoin Wallets
Ben Ullrich
What do they do?Which one is best?
Public key
What is a bitcoin wallet?
Private key
18vVmrEfrWgBLLgNQKwpeZG4E6mnDRLYCX
5K1yVwfA8gtkYu4h6XEuhqKG5oeVVLuR1meJgHadPz5mFa2QgNg
● Stores public and private key’s● Facilitates Sending and receiving Bitcoin● Tracks your account balances● Update and Store the blockchain
What Bitcoin wallets clients do?
● Encrypts your keys● Store the blockchain in the cloud
What Bitcoin wallets do?
Generate wallets
Send and Receive
12.5 gb
Bitcoin-QT
OS● Windows● Linux● Mac ● Android
Bitcoin-QT
Electrum
Fast and simplewww.electrum.org
Seed recovery
Remote Blockchain
Paper Wallet
Cold storage
Electrum
OS● Windows● Linux● Mac ● Android
Electrum
Blockchain.info
Onlinewww.blockchain.info
● Easy hot storage solution● Private key is stored server side
● Paper wallets
● Txt● Google authenticator
Blockchain.info
2 factor authentication
OS● Windows● Linux● Mac ● Android
Blockchain.info
Armory
Feature fullwww.bitcoinarmory.com
● Download the blockchain● Paper wallets● Fragmented
OS● Windows● Linux● Mac
Armory
Online Exchange Wallets
Online Exchange WalletsNot really a wallet. They have your coins stored and you just have “access” to them.
Also...
Future Wallets
Trezor
Hardware Wallet
Follow me on Twitter @mrullrichbtc