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Author Topic: BTC / Crypto Wallets  (Read 1522 times)

BTCXE

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BTC / Crypto Wallets
« on: November 13, 2014, 04:29:24 PM »
Hi Guys,

quick question regarding crypto storage: Is there a way to store bitcoin on a laptop/ usb drive / mobile without needing a lot of HDD / SD card space ?

I need a wallet / solution file that would not take up space, yet be accessible at (a fairly) short notice

G

Principe

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Re: BTC / Crypto Wallets
« Reply #1 on: November 13, 2014, 05:04:11 PM »
What do you mean exactly for storage? If you just need to make a backup, the only file you need to store is the wallet.dat, it contains your private keys, that is the only thing that allows you to access your coins. In fact, coins are not stored in your pc, coins are stored in the blockchain.

If you are looking for a client to send/received bitcoins without downloading the whole blockchain, there are some programs that allow to do that. The most famous are:

- Electrum: https://electrum.org/

- MultiBit: https://multibit.org/

They have been around for a while, and I've been told they work perfectly, but I have never used them, so I can't provide any feedback. I'm interested indeed to know if somebody here is using them...

★ GMC: GMe3xphPgHMVpKXtgUS1PDceQ9oZMePJr7      ★ ORB: oX9m3i3HUDr5hfyvWBJoyf8CMqajqMsivf    
★ WMC: wRarR72pv48RmqBwo6yNPwtdEpfRb7CXFL     ★ FUJI: FYLPULhtEogiXtW4xHUcShuxXf4oz2uPvk
★ OK: PPeXXxAzGHwLFr66MoqrqJjZZoHaXKVXNW         ★ XMG: 97fNfgmgSEQ4Gzq5e7pDuVR646Qinhh4on

BTCXE

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Re: BTC / Crypto Wallets
« Reply #2 on: November 14, 2014, 02:41:59 PM »
Ive been told that to have a bitcoin wallet on your PC requires something like 8 gig of HDD space. However, how much does the wallet.dat file usually weigh ?

Principe

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Re: BTC / Crypto Wallets
« Reply #3 on: November 14, 2014, 03:15:36 PM »
Current blockchain size for Bitcoin Core client is 28.2 GB, growing day after day. Second blockchain in size is Dogecoin, now around 6.7 GB of data on hard disk.

wallet.dat only contains the keys, so it is 100K or so.

★ GMC: GMe3xphPgHMVpKXtgUS1PDceQ9oZMePJr7      ★ ORB: oX9m3i3HUDr5hfyvWBJoyf8CMqajqMsivf    
★ WMC: wRarR72pv48RmqBwo6yNPwtdEpfRb7CXFL     ★ FUJI: FYLPULhtEogiXtW4xHUcShuxXf4oz2uPvk
★ OK: PPeXXxAzGHwLFr66MoqrqJjZZoHaXKVXNW         ★ XMG: 97fNfgmgSEQ4Gzq5e7pDuVR646Qinhh4on

BTCXE

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Re: BTC / Crypto Wallets
« Reply #4 on: November 14, 2014, 03:44:38 PM »
that 28.2 GB is basically what i was trying to avoid. Ill give Electrum and Multibit a go. Many Thx

CryptoStar19

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Re: BTC / Crypto Wallets
« Reply #5 on: July 12, 2021, 03:06:48 PM »
Bitcoin storage itself doesn't take much space... it is storing a copy of the blockchain that takes some space. Not every wallet works in that way.

CryptoStar19

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Re: BTC / Crypto Wallets
« Reply #6 on: July 19, 2021, 03:43:18 PM »
BTC in my opinion. We can store it on some secure exchange like Tokenomy.

It is always safer to store bitcoin in your own wallet rather than an exchange, major exchanges have been hacked in the past where people lost millions of dollars.

Webbershay

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Re: BTC / Crypto Wallets
« Reply #7 on: November 26, 2021, 12:51:38 PM »
I prefer decentralized exchanges. This way of storing cryptocurrency becomes really popular in the latter days. Decentralized exchanges allow you to trade assets without trusting anyone to store them. The transaction takes place directly between users, the platform is just an intermedium. It's all about safety. Besides, I use crypto anonymizers, such as mycryptomixer.com , to ensure transaction protection even more. Physical wallets (e.g. usb drive) seem good vs hackers, but what if you get lost it? Don't you know - your worst enemy is yourself.
« Last Edit: November 26, 2021, 01:02:11 PM by Webbershay »

gegegerianian

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Re: BTC / Crypto Wallets
« Reply #8 on: October 25, 2022, 06:18:27 PM »
Now that scam trading platforms are very popular, it is important to face real, safe platforms with a background that inspires confidence. That is why we conducted a series of studies of the best Forex brokers  in which we analyzed one of them, we advise you to get acquainted with this information personally.

cashisking86

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Re: BTC / Crypto Wallets
« Reply #9 on: October 27, 2022, 06:03:06 PM »
The only thing you need to "store" is your private keys. The BTC or any other crypto itself is on the blockchain. Look into Ledger or Trezor as they are the most popular wallets to protect your crypto from hacks.

Rexi

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Re: BTC / Crypto Wallets
« Reply #10 on: December 28, 2022, 10:33:59 AM »
One of the most effective uses of cryptocurrencies in the real world is in online gambling https://www.mensjournal.com/entertainment/best-crypto-betting-sites/ . Because of this, it merits extra attention. Let's look at 10 trustworthy websites that take cryptocurrencies if you want to place a wager.

timlk

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Re: BTC / Crypto Wallets
« Reply #11 on: July 18, 2023, 08:42:46 AM »
Storage methods can be different: from a piece of paper with a key written on it to modern applications. The safety of digital money depends on how thoughtful your choice is. If you lose or accidentally delete your private key, you will not be able to restore access to your wallet. That is why good wallets offer backup and reliable data protection.

tosas46952

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Re: BTC / Crypto Wallets
« Reply #12 on: July 18, 2023, 08:43:40 AM »
Hello! I am thrilled to share with you my experience using Connectee, the ultimate solution for keeping my digital assets safe and secure. Connectee https://connectee.io/ offers a state-of-the-art wallet that not only guarantees the security of my assets but also provides me with peace of mind. With Connectee, I can confidently store my cryptocurrencies, tokens, and other digital assets, knowing that they are protected by advanced encryption technology.

 

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