Storing private key in apps and softwares that are local

Storing private key in apps and softwares that are local

Im new to butcoin. I installed an app in my phone called Bread. And another in my computer called Electrum.

Both of them generated a seed(12 words) for me and it seems that seeed is my private key in the bitcoin network.

My question is: these softwares has my private key and i dont know if they stored it in remote servers. This means someone other has my private key and can access my money? This is a safe way in bitcoin culture? They are really local?

I want to use safest way to work with bitcoin and i dont want store my info in any website or app that can access my account, delete my account or any other intervention.

For safest way should i have my own copy of public ledger in a personal server? What is the safest way?

http://ift.tt/2nidhJd

Comments

Post a Comment

Popular posts from this blog

sendrawtransaction and txn-mempool-conflict

sendrawtransaction and txn-mempool-conflict When i sendrawtransaction to bitcoind, i get error (exceptions) 18: txn-mempool-conflict (use Bitcoin JSON-RPC denpamusic/php-bitcoinrpc ) But the transaction is sent to the network and is subsequently confirmed. Example one decoded transaction : https://jsfiddle.net/rn58a4j6/ then i send this transaction: 94ec12fc463230b4285a29b047608627c05572a4c6eabe6688a201ce49ae72f7 https://ift.tt/2MY2KP0
Read more

couldn't connect to server: EOF reached (code 1)

couldn't connect to server: EOF reached (code 1) I'm running a full node on my raspberry pi3. I try to do a simple command such as bitcoin-cli getblockchaininfo but I always get this error: error: couldn't connect to server: EOF reached (code 1) (make sure server is running and you are connecting to the correct RPC port) My bitcoin.conf file looks like this: Bitcoind options server=1 daemon=1 reindex-chainstate=1 reindex=1 txindex=1 disablewallet=1 listenonion=0 Connection settings rpcuser= * rpcpassword=* rpcport=8332 rpcallowip=127.0.0.1 rpcthreads=10 I also tried to get a command with "bitcoin-cli -rpcuser: * - rpcpassword=* -rpcportt8332 getblockchaininfo". But this also didn't work. Does someone has some advice or experience with this error? https://ift.tt/2D82TLW
Read more