Title: Creating a paper wallet using My Wallet Post by: FandangledGizmo on February 27, 2013, 10:24:43 PM Hi guys,
I'm a tech noob obviously but can see that the BTC is pretty amazing Any help would be greatly appreciated, I looked at the following tutorial https://blockchain.info/wallet/paper-tutorial Step 1: I opened up a private browsing window in google chrome Step 2: Disconnected from the internet Step 3: Generate a new Address, the new address reads (not synced) as they said it would. Step 4: It says 'On the main navigation bar click on [Import / Export] then on the [Paper Wallet] tab then print the page.' Here is where I have problems When I click on Import/Export Tab it asks me to re-type my password, which they don't mention, I do The Screen is blank, there is no 'Paper Wallet' tab? Any suggestions? Do I have to turn the internet back on? then go to the import/export tab. Won't this compromise the security? Thanks Title: Re: Creating a paper wallet using My Wallet Post by: FandangledGizmo on February 27, 2013, 11:01:15 PM Also another very basic question
When I click on Paper Wallet in online mode it shows the address and the private key underneath. Are those two numbers all you need? Not necessarily the barcode which is just a representation of them right? So if I memorised the private key and the address I could send BTC to that address and then at some point in the future just enter the address and private key which I memorised on a Bitcoin client/app to send coins out of that address? I read something about needing to back up the wallet & a 100 keys? So if I sent BTC to that address over 100 times would I lose some of the BTC if I hadn't put the Address and the private key together in a Bitcoin client/app for many years? Title: Re: Creating a paper wallet using My Wallet Post by: DannyHamilton on February 28, 2013, 04:33:00 AM When I click on Paper Wallet in online mode it shows the address and the private key underneath. Are those two numbers all you need? Correct. So if I memorised the private key and the address I could send BTC to that address and then at some point in the future just enter the address and private key which I memorised on a Bitcoin client/app to send coins out of that address? Correct. I read something about needing to back up the wallet & a 100 keys? This is in reference to the Bitcoin-Qt wallet. Each time you send a transaction from that wallet it uses a new address to send the change back to the wallet. The wallet maintains a pool of 100 unused addresses, so a backup will have the next 100 addresses that the wallet will use. If you are only receiving transactions, then you can use a single address (or however many you want to use) and send to that address as many times as you like. Title: Re: Creating a paper wallet using My Wallet Post by: FandangledGizmo on February 28, 2013, 08:35:16 PM Thanks very much for the reply really helped!
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