Top 6 Bitcoin Wallets
Posted By Vidushi Vij | 11-Jul-2017
Bitcoin is the form of digital currency and is surely the start of something great. Bitcoin hardware wallets are highly secure as compared to software wallets. Here is the list of top 6 bitcoin wallets.
Mycelium is one of the safest and semi-open sources bitcoin wallet. Though its code is open to everyone but it cannot be modified or redistributed. Mycelium is the highly recommended option as it is one of the safest options because the data is encrypted when sent over the network. It even lets you to backup your account. To increase the privacy, it PIN protect the bitcoin wallet. The Mycelium wallet is easily available on both, Android as well as iOS. But it is not available for desktop as of now.
If there is one bitcoin wallet which is highly secured these days, it has to be Armory. It is one of the most recognized and reputed bitcoin wallet. Armory is an open source bitcoin wallet which includes multisig support which means single wallet can have multiple users.. The transaction through Armony can be done using TOR network. It is the perfect wallet for advanced users, while novice users might find it difficult to use. It even provides rock-solid encryption and backup mechanism. Armory provides three user modes, which are, Standard, Advanced and Developer. It is available for MacOS, Windows, Ubuntu, Linux and even RasberryPi. If you want to work with anyone of the above options then Armory is the perfect option for you.
3. Ledger Wallet
Ledger nano is the smallest hardware bitcoin wallet and is very user-friendly. Ledger is French startup which specializes in building hardware bitcoin wallets only. It developed various hardware bitcoin wallets such as Ledger Nano, Nano S and Ledger Blue. Ledger nano is the first hardware wallet that can store Ether (ETH/ETH). Ledger nano is a USB shaped hardware bitcoin wallet which is highly secured. Though Ledger nano, you can have full control over your Bitcoin's. With ledger nano, there is no need to trust third party websites as it lets you manage your private keys which are stored on a specialized hardware device.
Copay was developed by the Bitpay. It is secured with multiple signatures. It is a multisig wallet, which means you can set-up a shared account that needs private keys from multiple people to confirm a transaction. It is the only Bitcoin wallet which is available on any computing platform such as, Google play, windows, macOS, Linux, Heck and chromium extension.
Trezor bitcoin wallet was one of the earliest pioneers. It was introduced by the European startup called Santoshi Labs. it is best suited for beginners as it provides high security. They are even safe from hackers as bitcoin's are stored offline on a specialized device. It can be connected to your computer through USB. Trezor bitcoin wallet is available in 3 colors i.e white, gray, black.
MultiBit HD is developed by the KeepKey company. It is the fastest and light weight client. Multibit is considered to be very user-friendly but can be little difficult for the first time user. It is an open source client which allows you to backup your wallet using the passphrase.