++
++On your device
++
++
++-
++Backups managed by you
++
++-
++Your keys never leave your device, not even encrypted.
++
++-
++No email address required
++
++
++
++
++pros and cons
++
++
++
++In the Cloud
++
++
++(good) Storing your profile on a remote server will allow you to use your wallets from different devices
++(good) Backups are taken care by the server. (You should still have a backup in case the service is down or cancelled).
++(yellow) You will need to confirm an email address to help the server to prevent abuse
++(yellow) Your wallet will be stored, encrypted, on the server. In case the server gets compromised, the attacker could have access to your wallet if you choose a weak password
++
++
++
++Local system
++
++
++(good) Your private keys never leave your system, not even encrypted
++(good) No email address is required
++(yellow) Profile backups are the only way to recover access to your wallets if your lost your device
++(yellow)
++Note that encrypted communications between peers in multi signatures wallets, and Bitcoin blockchain queries are always routed thru the choosen Insight server
++
++
++