Oddbean new post about login | logout Could you explain why (to a noob who wants to do the best possible)?
Get hardware wallet and transfer your bitcoin there. There is not too much to explain !
Ok. Fair enough 😅
@SeedSigner is my recommendation
Hi, Dom! I don't know much about their new wallet, but generally speaking - if you're not particularly worried about privacy, a wallet like Proton is probably an ok place to keep some sats. If you're building your savings in bitcoin (and you should build some savings in bitcoin as soon as you're able!), it's best to take the time to do research on wallets. A hardware wallet is a device that you use to access your bitcoin, and a "cold" wallet is one that doesn't touch the internet, so your private keys are not in danger of being compromised online. If you haven't seen them yet, I would take a look at @BTCsessions YT videos. He has really great tutorials on many wallets.
Thank you for the detailed explanation. But for small amounts, do you think this wallet will be as safe as Blue Wallet?
I'm not sure! But if you do a search for both on here, you might find a good range of opinions that can give you more information. It sounds like @ODELL was involved in some way in helping them build it, so you can also look for his post on that. The comments might have some good questions/suggestions.
Dom, check this out as well: https://primal.net/e/note1lv77g2ttesatgd4vz0gx3xr8hvjz3l48gmmx4pz0k49hdpmxrvpsveq5kl
Lots of reasons: (1) You don’t want to be an early adopter of new wallet software. Use well-established and widely used open source software for your savings. (2) Web wallets have historically been terrible at security. (3) Does not support Lightning, which makes it unsuitable as a spending wallet. (4) It is a terrible idea to link your identity to your coins. (5) They may be starting as Bitcoin-only, but their marketing materials talk about “digital assets” - big red flag. (6) Third parties are security holes - there is no guarantee that they will not be co-opted and you have no control over them pushing a malicious update.
Here's a good explanation about some troubling aspect: nostr:nevent1qqs2xnrlpd2dzf3ykk3zwlpxs5w4s7u0mgxn57dqnnredx6nf4xr3ngpzpmhxue69uhkummnw3ezumt0d5hsygzu4kpv3x8wvcqnwyv5t4587lv4f8mytgq3s3na4ch4uf6vtxxklupsgqqqqqqs09lsvt