Bitcoin is one of the most famous cryptocurrency today. Many people cling to the opinion that the future stands behind the cryptocurrency Bitcoin. This is really a convenient and secure type of cryptocurrency since your electronic payment is carried out without intermediaries only between two parties and is irreversible. However, if you want, you can attract a third party guarantor. Your funds cannot be arrested or blocked even temporarily by anyone except you.
However, in order to handle Bitcoin cryptocurrency you will need special software. As is the case with the well-known Webmoney service, in order to conduct operations with Bitcoin you will need not only the program, but also your own wallet, which you will create for further work. In this regard, questions arise: which cryptocurrency wallets should be used? Which ones are better suited for everyday operations? We will talk about this.
The first wallet, which cannot be ignored, is Electrum. One of the most popular wallets which are used mainly in the framework of a personal computer. To confirm transactions Electrum uses third-party services, which increases its efficiency and speed, but may have a negative impact on the security and anonymity of clients since the data sent to central servers may well help to connect your operations with your own IP.
At the same time the undeniable advantage of Electrum is, first, it is Bitcoin wallet with an interface in Russian; second, even security problems can be resolved using the Tor browser, which will increase your anonymity. At the same time, Electrum is the recognized leader among bitcoin wallets as it is able to do all operations and is flexible in management. Everyone can customize it.
The next cryptocurrency wallet Armory is one of the safest today. Many people who had their money stolen from an ordinary wallet one day usually switch to Armory, cause this is the undisputed leader in terms of security. In addition, it is quite a multifunctional wallet, which, however, may seem a little difficult to manage for beginners. Armory immediately downloads the full version of the site and all the necessary information which eliminates communication with third parties and, consequently, increases your security level. In addition, transactions are conducted without connecting to the network. Moreover, Armory does not support key recovery. Your wallet, your security, your responsibility.
The following wallet Green Address is indisputably convenient to use since it can be used to perform operations and access cryptocurrency from different devices: through desktop clients of Windows, MacOS or Linux, through mobile applications and Internet browsers. All this is very convenient and accessible to the user with any level of experience in handling cryptocurrency. The only hitch is that you have to completely trust the developers of the application or providers, because the Green Address wallet requires confirmation of payments on the central server. However, you should not think that the Green Address does not pay attention to security, this is not at all the case. Your key is stored only on the local device and two-factor authentication is used, so this wallet is not only convenient, but also relatively secure.
The official Bitcoin wallet is the Bitcoin core wallet. However, let us be frank, few use it since it is possible to call it a not very advanced old man in comparison with all the above-mentioned Bitcoin cores. Many key functions are missing here, for example, wallet recovery, and the Bitcoin core cannot boast of high speed at all. However, this wallet can provide you with maximum anonymity since the whole blockchain is loaded onto the disk. So, if you can sacrifice speed for the sake of privacy - this is your wallet.
Copay is a cryptocurrency wallet that is installed on various platforms from IOS to Windows. This means you can use this wallet on all your devices. All keys are generated on the basis of one master key, which means that you only need to know the master key in order to transfer the wallet to another device or restore it in case of some situation. Copay uses a simplified confirmation system in its work when you do not need to store the entire blockchain on the device. Copay confirms operations using random servers. At the same time, it is worth noting that this style of work reduces the level of confidentiality.
So, summing up the review of the wallets for conducting operations with the Bitcoin cryptocurrency it can be noted that there are definitely no exactly bad or good Bitcoin wallets. Each of it is individual and should be selected depending on the preferences of each user who decided to acquire a Bitcoin cryptocurrency.
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