Review on Blockchain Wallet by Issam Sam
Don't trust them too much.
Most of us started his crypto carreer with a blockchain wallet, and even it has been there since long time running without problems, it was always recommended to not trust web-wallets (in general) as it can be hacked or phished at any time. I didn't have any problem while using this wallet but i want to focus on the detail that my private data (email+password+id) is stored somewhere in their servers and there is no single garantee that nobody has access to it ; it's inaccurate , imo , for anybody to get a crypto wallet using his email, as the wallet can be generated without the need of those information. We should not trust blockchain wallet or any web wallet to store big amounts. However, it's recommended to use the mobile version of blockchain wallet for daily use and micro paiements, as it doesn't recommended to create an account using personal information.
Pros
- Friendly use for biggeners.
- Users have access to their private keys and seeds.
- Supports 2fa and every action has to be verified by email.
- Users can import/export private keys.
- Supports different cryptocurrencies for diversified portfolio.
- Users can adjust fees.
Cons
- It's not recommended to use a web-wallet to store large amounts.
- They claim not to have access to users data but it's already stored in their servers (no garantees).
- Users can't sign messages using addresses generated by blockchain wallet when it's allowed to sign/verify a message from an imported addresse.
- There is a minimum to send in one transaction.
- SegWit addresses not supported.
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Comments (1)
December 29, 2019
Above all, having to send our personal data to be able to use all the functions of this wallet, I think there are better options.
