Is it considered safe to create a wallet on blockchain.info?

3

I created a wallet on blockchain.info.

Why is blockchain.info is not listed on "Choose your Bitcoin wallet"? Is the blockchain.info wallet considered safe?

Mario Stefanutti

Posted 2015-08-11T15:39:32.900

Reputation: 133

I was considering to close this as off-topic due to "asking for service review", however it may be a public service to have an answer here... Vote as you may.Murch 2015-08-11T16:50:41.247

1I confirm. It was not to have a service review. It was just to know why it was not listed in the bitcoin.org website.Mario Stefanutti 2015-08-12T12:16:09.020

Answers

1

Web wallets in general don't really make sense by bitcoin principles.

But to not make this into a service review: the wiki is managed in a git repository at guthub. Discussions happen there before changes are made. One such discussion happened here: https://github.com/bitcoin-dot-org/bitcoin.org/pull/663

Note that there may have been newer pull requests in the meantime.

Edit: per request, the gist of above link, the complaints about bc.i are:

Bugs and losses: BC.i has suffered from concerning issues during the past year (e.g. iOS denomination bug, weak key stretching, sizeable number of users losing funds, and more issues I haven't verified yet)

Backup/Password Security: BC.i hasn't adopted security features which are slowly becoming standard in other wallets (e.g. BIP32, random passphrases, backup on setup, rotating addresses, 2FA by default).

Transparency: Source code of the app has been reset or not updated repeatedly, making bitcoin.org often relay the false claim that the app is open-source.

Jannes

Posted 2015-08-11T15:39:32.900

Reputation: 5 823

1It would be helpful to include the gist of the discussion.Murch 2015-08-12T13:30:44.157

You're right. I tried, but was on mobile and it seemed like a lot of reasons. May give it another try soon.Jannes 2015-08-12T15:51:16.447