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Title: How to send regular amounts to cold storage with differing addresses? Post by: yenom on December 22, 2013, 10:37:35 PM I don't have cold storage for my coins yet but I want to address that and get my coins off my PC and into something more hack-proof. However I don't want to use the same address for my drip-feed to cold storage. What are the options here? Every transaction I have done has been with a different address so far, can I do the same with cold storage? How is that done?
Thanks Title: Re: How to send regular amounts to cold storage with differing addresses? Post by: BookLover on December 23, 2013, 02:10:46 AM You can either:
A) generate beforehand each address you want to send coins to or B) get a dedicated offline computer and generate a new address whenever you want Hope this helps! ;) Title: Re: How to send regular amounts to cold storage with differing addresses? Post by: Abdussamad on December 23, 2013, 10:28:08 AM Yes you can install an offline wallet on a dedicated offline computer. That will give you unlimited addresses. The final part of the puzzle is coin control in your online wallet so that you can send from specific addresses.
Electrum offline + online watch-only wallet will cover all the bases. It has coin control too. Title: Re: How to send regular amounts to cold storage with differing addresses? Post by: spin on December 23, 2013, 09:39:08 PM Armory. Create a wallet for offline storage on an offline pc. On your day-to-day pc install a watch-only copy of the wallet. Here you can generate addresses to send your payments to. The two wallets will stay in sync becase addresses are deterministic.
Title: Re: How to send regular amounts to cold storage with differing addresses? Post by: yenom on December 23, 2013, 10:32:45 PM Thanks for the replies
I've looked at Armory and I wasn't too impressed. It seemed quite unstable and I'm not keen on the requirement to download the full blockchain via the qt client. I do like the paper wallets though. I'm thinking of maybe setting up some paper wallets of different addresses with denominations of BTC. Some 10s, 5s and 1s maybe? What do you think of setting of a virtual machine in Vmware ESXi that doesn't have a network interface configured as an offline wallet? Has anyone done that? Lots of options, none are particularly convenient - I guess that's the price you have to pay to be your own bank. :D |