Don't ever comprise, security is everything and your first priority when you are holding and saving bitcoins. The best Bitcoin wallet is a hardware wallet. A dedicated device you can use to store your private keys and sign transactions on. It extremely important that the private keys never touch your computer or the internet. Not even during the initial setup or backup. So we should look for a hardware wallet with an onboard microcontroller that generates a wallet (BIP32) using a high-quality hardware random number generator to create entropy. After a lot of research I only found 1 hardware bitcoin wallet that meets the most stringent requirements. It is also relatively cheap. This is the Digital Bitbox. One of the developpers of this Bitcoin hardware wallet is Jonas Schnelli, an highly respected Bitcoin core developper with an incredible expertise in the intrinsic cryptografic complexities and security of the Bitcon netwerk. For more information:
http://liberbits.com/best-bitcoin-wallet/
What is the unique feature that makes this Bitcoin hardwar wallet stand out?
The backup process of many wallets is vulnerable for rootkits and spyware. While typing and verifying your recovery wallet seed on a keyboard or displaying recovery information on a screen, you leave it susceptible to theft by key logging, screen captures, and cameras. The Digital Bitbox has a micro SD-card reader dealing with the secured storage of your wallet seed, so you avoid these risks. Moreover, unlike other hardware wallets, you are able to backup your wallet at anytime and as often as you like. Switch between different wallets in a snap. This way multiple (cold storage) wallet backups can be saved to the same SD card – each filename should be time stamped to be unique. Also, the same wallet backup can be saved to multiple SD cards. As such creating multiple backups is easy to realize for large value wallets. Moreover the backup seed is useless without the wallet password. A wallet recovery is only possible if you have the password of the wallet as well. If you have setup a secret password for the hidden wallet, it becomes impossible for anybody to get your secret bitcoin savings account. Read the following articles to learn more:
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