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Title: Practical Guide to Cold Storing your bitcoins Post by: ripper234 on August 05, 2013, 08:51:25 AM http://assafshomer.blogspot.co.il/2013/07/bitcoin-cold-storage.html
Very detailed post, aimed to give newbies everything they need to cold store Bitcoins. Title: Re: Practical Guide to Cold Storing your bitcoins Post by: steelboy on August 05, 2013, 12:29:14 PM Nice post. Thanks. :)
Title: Re: Practical Guide to Cold Storing your bitcoins Post by: CasinoBit on August 05, 2013, 01:12:50 PM I am curious, wouldn't generating the private key locally/offline, with a password that would take years to crack as a source of entropy be more secure?
Title: Re: Practical Guide to Cold Storing your bitcoins Post by: kjj on August 05, 2013, 01:36:50 PM Someone should patch the satoshi client to accept encrypted WIFs. That would greatly simplify things by cutting out a bunch of steps.
Title: Re: Practical Guide to Cold Storing your bitcoins Post by: genjix on August 05, 2013, 01:46:25 PM https://bitcointalk.org/index.php?topic=259999
Code: $ sx newkey | gpg -o privkey.enc -e - offline cold storage with encrypted private keys generated offline and encrypted using PGP. combine this with multisignature for multiple offline storage keys that need to be signed to release funds in case one key gets compromised. combine with deterministic wallet (sx newseed) and master public key (cat wallet.seed | sx mpk) for accepting payments straight to your multiple offline cold storage wallets. |