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Title: Question about the brain wallet Post by: ihaveaquestion on December 04, 2013, 07:55:28 AM Hello, i am confused, please correct me when i am wrong. I want to have the most securified wallet to keep BTC for a long time. The best choice is to choose a brain wallet, right? So I have to generate one on bitaddress on offline mode, right? But when do i switch to offline mode? Once in the right page of bitaddress? Or i juste note the address of bitadress and go there on offline mode?
And then let say my adress is xxx and my password is password. I should only use xxx once, right? How do i transfer BTC from xxx to yyy? Can i ad xxx in bitcoin-qt or multibit to do so? Title: Re: Question about the brain wallet Post by: DannyHamilton on December 04, 2013, 09:34:21 PM ^^^OP IS A DUPLICATE POST. PLEASE IGNORE.^^^
See original post here: https://bitcointalk.org/index.php?topic=357233.0 Title: Re: Question about the brain wallet Post by: bitmagi on December 04, 2013, 10:34:15 PM Brain wallets are in no way shape or form anywhere near being the safest type of wallet unless you know how to use them in which case they are no safer than any other method. A brain wallet is simply the idea of creating a public key generated by a passphrase. Come up with a long random password with plenty of words that can't be found in dictionaries and they will work for you. However if you choose a passphrase that can be found via google, for instance the verse to your favorite song, your favorite poem or a long string of dictionary words and it is only a matter of time until your funds get emptied. Unless you know what you are doing stay away from brain wallets.
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