Setting up your machine to use a Bitcoin Classic wallet enables faster transactions at the machine and greater uptime and reliability when compared to using third-party wallets.The following guide configures Bitcoin Classic with a pruned blockchain of 4GB, which means that it can be installed on the recommended $10/mo DigitalOcean droplet.Existing droplets do not need to be expanded.SECURITY: Your bitcoins are held exclusively in your server’s wallet.Backups will be emailed to you daily, encrypted using the PGP key you import.Deleting your droplet or otherwise corrupting the contents of your server or bitcoind files will result in the loss of your holdings without a wallet backup and your private PGP key with which it's encrypted.It’s good practice to ensure your private PGP key is securely stored and backed up as well.To set up Bitcoin Classic, you’ll first need a PGP key to enable secure wallet backups.If you already have one, please publish it to a public key server (as described below).

Linux: Create a PGP key following the instructions here./ Next, on Linux/Mac, open your computer’s terminal and run: Note the Key ID (e.g., 1234568) of your desired key, and upload using: Download and install GPG4Win.Follow the instructions on creating a key pair.Then upload the key to a public keyserver.In Kleopatra, go to File > Export certificate to server.Click Continue on the warning, and it will be uploaded to keys.gnupg.net.Import your public PGP key to your Lamassu server.In your server’s console, run, replacing : Type the number of the key associated with that email address you’d like to import, then hit Enter.Bitcoin Classic will need to download the blockchain, which may take up to 48 hours.Your machine will continue to operate as normal during this time, using its existing wallet.The current blockcount is here.To check the progress on your server, run: After the blockchain is caught up, switch your wallet to Bitcoin Classic by running: To retrieve the newly created public address for your wallet: Send a small amount for testing purposes and await confirmation on the blockchain.

Then, test a transaction at your machine.See the balance of your wallet’s holdings: Generate a new public address: Send all or part of your wallet balance to an external address (amount is in BTC, not Satoshis!): List all public addresses of your wallet, including change addresses, and balance: Backup your wallet, sent to your email address and encrypted with your PGP key:It’s been a while since I reviewed Bitcoin wallets.The reason for this is that most Bitcoin wallets are basically the same so rarely do you stumble upon a wallet that is innovative.A few days ago I got an email from one of my subscribers telling me he didn’t take my advice for the best Bitcoin wallet and used the Exodus wallet instead.He then went on to glorify the wallet’s interface and ease of use.I wasn’t aware of such a wallet so I looked it up online and apparently Exodus is indeed a new Bitcoin wallet.Before going any further watch this video and see for yourself why it’s so unique.

Exodus seemed to have been launched a month ago (July 2016) and still hasn’t gained enough reputation in the Bitcoin community.Actually Exodus is not just a Bitcoin wallet, it’s a “Blockchain assets wallet”.This means you can store Bitcoins, Litecoins, Dash, Ether and Dogecoins on Exodus all together.But this is not all that makes Exodus so unique, here are the main things that I found so appealing: Probably the strongest suite Exodus has is its user interface.wiki bitcoin apiEven if I didn’t know nothing at all about Bitcoin or cryptocurrencies I would still be able to use this wallet.litecoin usd price chartIt reminds me of Circle in the simplicity.bitcoin hitting 10000Exodus is the kind of product you “fall in love with” the first time you use it, and that’s quite rare in the cryptocurrency world.bitcoin pill review

Here’s how an overview of your blockchain assets looks like: Since Exodus is a desktop wallet navigation is fast and the private keys to your cryptocurrencies are stored on your machine.Exodus is a litewallet so you don’t need to download the whole Blockchain to your computer like you do with Bitcoin Core.Exodus is currently compatible with Mac, Windows and Linux.bitcoin mining pools 2014If you need to back up your wallet there’s a VERY simple step by step wizard built in inside the wallet that will help you do so.bitcoin server farmYou will also receive a backup link via email if you want to install Exodus on a another machine (say your computer gets destroyed).It’s all very secure through the use of a password and a mnemonic phrase (in case you forget your password).One of the best features of Exodus in my opinion is the ability to trade your altcoins for Bitcoin and vice versa.

Exodus has a built in exchange (powered by Shapeshift) that allows you to trade cryptocurrencies in seconds.You can’t buy coins with fiat, but since the whole idea of Exodus is to move away from any verification processes and dealing with banks I think that fits in perfectly.It’s OK to make a crappy product, it’s not OK to leave it that way.I think what got my attention the most is the genuine interest Exodus’ founders had in their users opinion.Of course they are only about a month into running this project but something tells me JP and Daniel (the founders) are here to stay.You can see it in the simple to understand support videos they’ve uploaded, the multiple communication channels they’ve supplied on their site and the direct messaging platform to the founders via Slack.To sum things up, Exodus looks like a complete hit.The only downside I can see at the moment is the fact that the company and wallet haven’t gained enough reputation yet.Combine that with the fact that the Exodus code isn’t open source and you will always arouse some suspicion from the crypto community.