Bitcoin
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BTC · 8w

Scoring Bitcoin Wallets

Rating Bitcoin Wallets Privacy Trust Security Ease of Use Bitcoin Core ☑ ☑☑ ☑☑☑☑☑ Wasabi Wallet ☑☑ ☑☑☑ ☑☑ Hidden Wallet (not in production) ☑☑ ☑ ☑☑☑☑ ☑ CoinBase ☑ ☑❌ ☑☑☑ Blockchain.info ☑ ☑☑☑ Blockchain.info + SharedCoin (not in production) ☑ ☑ ☑☑☑ Electrum (Desktop) ☑ ☑☑☑☑ ☑☑ Electrum (Desktop) + Bitcoin Core with Electrum Server ☑ ☑☑ ☑☑☑☑☑ Electrum (Desktop) + Bitcoin Core (through Electrum Personal Server) ☑ ☑☑ ☑☑☑☑☑ Trezor ☑☑☑ ☑☑ Trezor + Electrum (Desktop) ☑ ☑☑☑☑ ☑☑ Trezor + Electrum (Desktop) + Bitcoin Core with Electrum Server ☑ ☑☑ ☑☑☑☑☑ Trezor + Electrum (Desktop) + Bitcoin Core (through Electrum Personal Server) ☑ ☑☑ ☑☑☑☑☑ Mycelium ☑☑ ☑☑☑ Mycelium + ShufflePuff (not in production) ☑ ☑☑ ☑☑☑ JoinMarket with blockr.io API (not in production) ☑ ☑☑☑ ☑☑ JoinMarket + Bitcoin Core ☑☑ ☑☑ ☑☑☑☑☑ Dark Wallet ☑ ☑ ☑☑ Bitcoin Knots ☑ ☑☑ ☑☑☑☑☑ Stratis: Breeze Wallet ☑☑ ☑ ☑☑☑☑ ☑ Armory ☑ ☑☑ ☑☑☑☑☑ Bread Wallet ☑ ☑☑☑☑ ☑☑ Paper Wallet (generated offline, spent by imported into a full node) ☑ ☑☑ ☑☑☑☑☑☑

If any decision I made here is not clear or you find debatable, please open an issue.

This writeup is intended to be an improvement on Jonas Schnelli's Bitcoin wallet triangle, presented at the Building on Bitcoin 2018 conference.

Jonas rated the wallets in three main categories: privacy, trust and security. I expand on these with sub categories, define requirements and I add a new, ease of use category to this.

Beware that, the properties of privacy, trust and security are similar in a sense that, they fail where they are the weakest. This notion limits the reliability of this rating system.

I. Privacy I/a. Blockchain Level Privacy

Can the wallet sufficiently withstand blockchain analysis? (☑/ )

I/b. Network Level Privacy

Does the wallet get to know the current state of the blockchain without leaking relevant information to third parties? (☑/ )

II. Trust

Full Nodes (☑☑) / SPV nodes (☑) / Centrally Validating Nodes ( ) Continue on github.com

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