Bitcoin Forum

Bitcoin => Armory => Topic started by: ryerkes on March 04, 2014, 07:22:40 PM



Title: New to armory
Post by: ryerkes on March 04, 2014, 07:22:40 PM
Considering using armory for long term storage. Why does it not ask for a password when sending bitcoins or on launch? If I have armory setup on my computer someone uses my computer they can launch it and send bitcoins.

Maybe I missed it but shouldn't the launch or the send of bitcoin trigger a security event?


Title: Re: New to armory
Post by: ryerkes on March 04, 2014, 07:29:09 PM
I may have answered my own question. I guess the most secure method is with a hot wallet, watch only wallet and an offline wallet with no internet access.


Title: Re: New to armory
Post by: Automatic on March 04, 2014, 07:33:55 PM
Offline wallet:- Requires no password on the online computer to create.
Encrypted (Both online & offline):- Requires a password to sign transactions, image at bottom of thread of example.
No encryption:- Requires no password to sign transactions.

Image of three wallets:-
https://i.imgur.com/buy2q5N.png

Example password box:-
https://i.imgur.com/3b2fEmC.png

Offline wallet is just a interface over the other two, so, if the offline computer has an encrypted wallet, you'll still need to enter the password there before you can sign it.