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Title: BIP38 good to use for paper wallet? Post by: RAJSALLIN on December 08, 2013, 03:09:06 PM I've heard that bip38 is a secure system since it's hard to brute force. I'd like to have a password connected to my paper wallet so that i have an added security measure in case of a random incident were someone came over my paper wallet. Looking into bip38 it seems like there are very few wallets or programs that support it as of yet. For example armory and Gox don't.
My question is if it's still worth using and is there any chance it will be hard to impossible for me to decrypt my wallet in a few years if bip38 died out? Title: Re: BIP38 good to use for paper wallet? Post by: JompinDox on December 08, 2013, 03:20:44 PM Good question... I would say that if you are a developer you will have no problems.
If you're not, well... Title: Re: BIP38 good to use for paper wallet? Post by: RAJSALLIN on December 08, 2013, 03:30:42 PM I'm definitely not a developer. Just a guy with average computer skills.
Title: Re: BIP38 good to use for paper wallet? Post by: JompinDox on December 08, 2013, 03:36:05 PM I'm definitely not a developer. Just a guy with average computer skills. Then IMHO it may be too early to rely on BIP38. I think it would be wiser to wait until more wallets add user-friendly support for it. Title: Re: BIP38 good to use for paper wallet? Post by: RAJSALLIN on December 08, 2013, 03:42:33 PM Thanks, that's what I was afraid of. Seems like a perfect system. It would really suit my needs.
Title: Re: BIP38 good to use for paper wallet? Post by: Abdussamad on December 08, 2013, 05:06:37 PM I'm not sure I agree with this advice. You can encrypt and decrypt your private key using bitaddress.org right now. You can also save a copy of that site for offline use and in case it disappears in the future. So I really don't see why you need development skills to be able to do this.
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