How do I choose a cryptocurrency wallet? Every wallet has different features, transaction customization, fee estimation, levels of security and privacy, and affiliations. The criteria for wallets is different depending on the person, their needs, and risk model. Wallets that used to be good may no longer be good or share the same principles.
You don’t have to use one wallet forever. Use many different wallets for different purposes and feel free to change them often. One of the criteria I use for wallets is that if it doesn’t support SegWit, I don’t use it, because I want the fee discounts.
NOTE: This talk was recorded prior to the cancellation of 2X. A couple mobile wallets like EdgeSecure beta (formerly Airbitz), GreenAddress, and Samourai now support SegWit.
This is part of a talk which took place at the Bitcoin Open Blockchain (BOB) community event on October 29th 2017 at the mHUB innovation center in Chicago, Illinois: https://www.meetup.com/Bitcoin-Open-Blockchain-Community-Chicago/events/244248063/
RELATED:
Hot vs. cold wallets – https://youtu.be/Aji_E9sw0AE
How do I secure my bitcoin? – https://youtu.be/vt-zXEsJ61U
What happens to our bitcoins during a hard fork? – https://youtu.be/sNR76fWd7-0
What is the role of nodes? – https://youtu.be/fNk7nYxTOyQ
Could governments take over exchanges? – https://youtu.be/9PrJQeKl9w4
How to get people to care about security – https://youtu.be/Ji1lS9NMz1E
Innovations in wallet design – https://youtu.be/K5Ei3_D8LQ8
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
Hardware, Software, Trustware – https://youtu.be/Etyjc1JdmFU
Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM
Bitcoin, Lightning, and Streaming Money – https://youtu.be/gF_ZQ_eijPs
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
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Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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Wow – he didn't answer the question.
Electrum was already supporting segwit in December 2017 I'm talking mobile version
You’re right, I didn’t understand those three words ?
samourai mobile wallet for the win .
So, no best BTC wallet?
I like all his vids but had to dislike here.
Guy asks you right here, right now, "What do I need to look for in a wallet?" And you don't mention: Controlling your private keys; multifactor sig; encrypted; anonymity… that's kind of a dis-service to the guy and the everyone watching this video who doesn't understand the basics.
Take a shot every time Andreas puts in his hand in his pocket and then takes it back out again. You'll be drunk half way through this video.
BreadWallet supports segwits and its mobile based
@aantonop. I enjoy watching all your videos. Please post more videos. My question is. I have Coinbase and they don’t allow me to control my money, they don’t give me the keys words. How can convert to a better wallet that allows me to control my money. Thanks
I'm just not understanding now, because i tried for two days to buy bitcoin and went to two échanges with no results
Hello Andreas, i really enjoy your information on Bitcoin. I have been watching your videos for 3 months. However, i tried to buy bitcoin tonight at coinbase and first it took all day to for them to accept my account and now that i have an account they put limits on what i can bit like à 100 à week limit. Please give me advice on how i can buy bit coin.
And to think, he had no idea he would receive 100 or More Bitcoin donations shortly after recording this.
gahhh it's so hard to get a straight answer on this question…. apparently one doesn't exist yet…
Maybe this was covered and I missed it but….Why does Blockchain.info have different prices for Bitcoin and Ether than Coinbase? Quite the difference
Thank you so much for your videos you have truly changed my life for the better and for that I thank you!
Please do a video that explains how bitcoins get stolen and what we can do to mitigate the problem.
Damn we need your guidance in this time of flux! WTF is going on! I can't afford 1 btc at these prices. Who is ramming the price up so fast? Will this be a massive short and grab? I'm scared! help mommy! lol
Look at Bitcoin and alt-coins the transactions and see if it is amongst a few big traders artifically inflating the transaction numbers?
One more great speech!! Μπράβο Αντρέα.
So which wallets do segwit or whatever it was andreas said? How much does it reduce the fee and how does it work?
The Carl Sagan of Crypto. Communicates complexities of the space where the everyday person can understand (not necessarily in this video but in many). A rare bird indeed.
You're videos are usually GREAT, this one however, was a nothingburger. Newbies need more specific recommendations with reasons for same.
Nice video sir ji
Mr.Aantonop, I think your a messenger from God, no from the people of the world. Thank You
you don't pay 30% taxes and fees when you buy flights by @bitcoin from https://goo.gl/tvh4ed …they are 20% cheaper than most
very well put. I would like the explanation of RBF over TOR to your own node… that sounds awesome!
Can you unblock me on Twitter please I don't know what I did 🙂 @jnjBitcoin thanks
Andreas sounds a lot Christoph Waltz so I like him~
Team bread wallet 🙂
Excellent video Andreas, thank you, much appreciated by brother : )
Andreas the great one! Thanks for the video man
BitWallet on iOS lets you make segwit transactions, Andreas 😉