Analysis of Bitcoin cryptocurrency storage methods

The diploma thesis deals with the issue of storing cryptocurrency called Bitcoin which has gained high popularity in recent years. As Bitcoin’s value increases, so does the emphasis on its safe storage. For this reason, the main goal of this thesis is to analyse different ways of storing Bitcoin and at the same time to present and compare existing solutions from individual categories. For this purpose, a methodology of thesis was chosen which consists of a literature review, questionnaire survey, analysis and interviews. The literature review contains important information sources, on the basis of which the current state of knowledge was summarized. As part of the questionnaire survey 166 responses were obtained and processed which served as a basis for determining the criteria for comparing storage methods, as well as for discovering the expectations of Bitcoin owners. Then all identified categories of storage methods were compared including existing representatives from the given categories. Based on the results of the analysis recommendations were presented to Bitcoin owners who were represented by three personas. Individual and general recommendations were subsequently verified on the basis of interviews with experts who confirmed the validity and relevance of the recommendations. This thesis is especially useful for current and potential Bitcoin owners who want to store it according to current best practices. The thesis also contains a comparison of existing solutions that can significantly simplify the process of their selection.