Once you start getting involved with Bitcoin, it is paramount to take proper security precautions to ensure your funds are safe at all times. Computer users, who run any Bitcoin wallet software on their machine, are the most vulnerable targets for hackers trying to steal Bitcoins. Luckily for all of us, there are some basic steps users can take to create a far more secure environment.
A few months ago, we had the privilege of covering a unique product in the world of Bitcoin and digital currency. Crypto Vault, a new Bitcoin startup, held a crowdfunding campaign on StartJoin to obtain funding for their heat- and water-resistant cold storage solution. That goal was not met unfortunately, but they have recently started offering their product in their online store.
Crypto Vault – Physical Cold Storage
Bitcoin wallet security is an area of great concern for both developers and Bitcoin enthusiasts. There are multiple ways to lose bitcoins stored in a wallet on your computer, mobile device, or by even using an online service. Bitcoin is all about being responsible for your funds, which also means that you need to take security matters into your hands.
Bitcoin security is a topic of debate on a daily basis, and with more and more mainstream attention focusing on Bitcoin’s “flaws” and “vulnerabilities”, security measures need to be tightened even more. Especially when it comes to creating an easy-to-use, yet secure Bitcoin wallet to store your bitcoins, there are still plenty of avenues to explore. CoolWallet is trying their spin on this concept, as their IndieGogo campaign is generating a nice buzz in the world of both crypto and mainstream media.
CoolWallet – Very Convenient For Novice Bitcoin Users
A little while ago, I received a new physical Bitcoin to add to my small but growing collection of collectibles. In my possession, I have one of the 25 Ravenbit NODE .999 Silver Edition physical Bitcoins, which I purchased on the BitcoinTalk forums. Not only is this one gorgeous coin to use as cold storage, but it also a very collectible item given the limited quantity of just 25 coins.
A little while ago, we started off our series of Bitcoin wallet alternatives with an article about GreenAddress, a cross-platform multi-signature BTC client. Most of you will be aware there are a ton of different alternatives available, and we do plan to look at each one of them individually. Up next on our list is a Bitcoin wallet gaining in popularity, called Mycelium.