Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: daoneway on November 29, 2013, 03:05:42 AM



Title: SECURE BTC STORAGE
Post by: daoneway on November 29, 2013, 03:05:42 AM
secure BTC storage

- create ubuntuCD
- USB stick with bitcoinclient on it
- install bitcoinclient
- create a few adresses
- copy the private key+public key into a excel or something to print them, just in case. + encrypt the file and put on usb stick
- make copy of wallet.dat (where can i find this in ubuntu? never used it b4) + encrypt the file and put on usb stick
- send bitcoins you want to store to one of the adresses
- kill CD

if you want to use the BTC then

- boot new ubuntuCD
- install multibit
- import wallet.dat
- spend coins ?


is that the safest way to spend them? + whats a good encryption tool on linux. let me know, thx in advance.


Title: Re: SECURE BTC STORAGE
Post by: rarkenin on November 29, 2013, 03:42:42 AM
No, this is most definitely not:

Quote
- copy the private key+public key into a excel or something to print them, just in case. + encrypt the file and put on usb stick
- make copy of wallet.dat (where can i find this in ubuntu? never used it b4) + encrypt the file and put on usb stick

Having wallet.dat on a USB stick and unencrypted isn't a good idea. Having keys in Excel and on loose sheets of paper under the keyboard is even worse.

The Live CD is going to help you get around keyloggers, but the way you're making it, it just opens a new security hole. Get an antivirus or use something like Trezor.