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i have btc in wallet created in 2018 by bitaddress.org site and i havent touched them till now. back then i didnt knew what gpg signature is so i didnt verified.
But i worry too much are my funds safe. Should i send them in new address generated via better methods(like linux electrum{python better randomness} offline gpg verified).
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is this considered secured
step 1: find a clean online pc and download iancoleman html file from github and verify signature and hash step2 : on clean pc go to bitaddress.org and download the file using github link there and verify the signature step 3: burn linuxmint on dvd and step4: take dvd and both html files on usb to an always offline pc. step 5: run the dvd live session create a private key in bitaddress step 6: create 24 word seed in iancoleman and use the private key created in step5 as passphrase. step7: note down the seed and passpharese.
is there any flaw in the method for making a coldstorage
note : i would have used talis and electrum but i want to make a bip39.
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a guy ran a code on laptop and generated bitcoins. he sold it for pennies beacuse he burnt the electricity for it. so today miners burn electricity and sell the coins at $20k+ to cover the electricity cost. and new inverstors see value in it and investors keeps growing. lets say every human soul on this planet owns some bitcoin then who would buy. i will buy cos i want more of it coz greed played its part. and price will go up coz there are only finite bitcoins. and why do i want because its the borderless high liquidity money.
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i have generated with verified code frm bitaddress.org. Verified code? You mean you verified the signature of the source code? As far as I know, having the source code of bitaddress.org is enough to generate keys. You just open the html file in a browser. If you did, then you're fine. Bitaddress.org uses a secure source to get the entropy, using Crypto.getrandomvalues(). Same Iancoleman does. step1: go to always offline airgaped pc recent clean install windows and install electrum Just a recommendation: Burn a Linux OS in a CD and then boot from it. Once you're done with this procedure, remove the CD. step3: notedown the address for stacking sats You should actually note down the master public key instead of just one address. i verified the pgp signature only edit: i also have some seeds generated from iancoleman(gpg verified) too i use them for storing alts as coldstorage
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i have generated with verified code frm bitaddress.org. and have not spent them once. just want to know is it as secured as Ledger, electrun, multisig codes as long as i do not spend. i have read this gavin anderson post so it came to my mind http://gavinandresen.ninja/practice-safe-signingIf they haven't stolen your coins yet, then it means you probably have the good keys but getting the keys from that website wasn't a good idea in the beginning and now it is known that they are compromised, be safe and get rid of all of them. If you need new keys get them from electrum or core wallet. Ok i want to generate new keys to continue staking sats and never spend. step0: find a clean pc go to electrum website and download the wallet verify its gpg signature and fingerprint step1: go to always offline airgaped pc recent clean install windows and install electrum step2: make a new standard wallet 12 word seed with a custom word extention. and keep these safe step3: notedown the address for stacking sats step3: reinstall windows on pc used in step1
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i have generated key from gpg verified file of bitaddress.org. and have not spent them once. just want to know is it as secured as Ledger, electrun, multisig codes as long as i do not spend. i have read this gavin anderson post so it came to my mind http://gavinandresen.ninja/practice-safe-signing
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Do you mean you will hold your BTC for six months? If yes, then stored it on a non-custodial wallet instead then just idle it there as long as you want and just wake them up once you are now ready to sell it. Transfer it to the exchange of your choice then do the conversion there. No need to split funds into several exchanges. Just choose the reputable one once you are now decided to sell all your BTC. Read TOS too as there will be lots of changes after 6 months later. i want to sell btc today and re enter later after 6 months. where should i keep the money.
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Lets say i want to sell btc today and reenter after months.
Should i keep money in usdc/dai/paxg(coldstorage) or shoud i split the funds on bitstamp, kraken, ftx in USD.
I do not want to keep funds in my bank account.
need expert opinion.
exchange hack is more risker than usdc invalidating my coins or reserves problem?
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Lets say i want to transact a very important huge amount of btc transation of my life. Which one should i chose between Offline signing transaction via Electrum(gpgverified) or trezor bought from official site.
This is a hypothetical question. i want some expert opinion to confirm my bias that offline transaction on airgaped pc is more secure than a trezor.
If you are making that question, it is because you are not comfortable with the technology They are both safe as long you understand how to make an offline transaction safely. As you don't look like a "tech guy", my suggestion is that you use a hardware wallet. Hardware wallets are designed to be easy to use and safe. You won't make a mistake using a hardware wallet. You will be fine. u can call me an advanced user. surely i do not understand code though. today i did the offline sign a transaction on an always offline pc which had a clean install of windows 10 with only two softwares installed electrum(gpg verified) and deepfreeze installed. after doing the transaction i wiped the OS. i want to tell u something and this is on record. once trezor developers were in a ask me anything program on youtube and my question to them was "is it theoritical/technologically possible for a compromised pc to retrieve private keys from trezor while its connected" their answer was yes it possible but with current technology cannot do. May be one day i will become ''tech guy" and read the code myself and how trezor actually works. And i will get the answer that why inserting trezor on internet cafe is same as safe as signing an offline transaction on a clean always offline pc in an airgaped room.
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Lets say i want to transact a very important huge amount of btc transation of my life. Which one should i chose between Offline signing transaction via Electrum(gpgverified) or trezor bought from official site.
This is a hypothetical question. i want some expert opinion to confirm my bias that offline transaction on airgaped pc is more secure than a trezor.
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im trying to offline signing a transaction from electrum. when i take signed transaction file from offline pc to online pc for broadcasting. lets say online pc is compromised is it possible to extract by anyone private keys form the signed transaction file. ?
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Is there any FREE platform/exchange where i can buy btc/alts when 4hr timeframe closes ABOVE particular price.
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Lets say i have 12 word seed and it can generate many addresses for bitcoin lets say i leaked my single private key of one of those addresses.
Is it possible for anyone to steal funds from other addresses? Or know the 12 word seed?
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In My country all ISP blocked many websites example porn is banned here.
Also when I was in University once they blocked uTorrent and no one was able to download and upload data.
So my question is it possible to stop full node and asic miner to stop accessing the network
What if they block port 8333 whatever BTc uses
I live in india
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in bitadress.org in brain wallet when i type passphrase "satoshi nakamoto" it generates privatekey different than what a normal sha256 online calculator generates. Why sha 256 of bitaddress gives different private key than a normal sha256.. below is example private keys generated by both for same phrase i BTCs different WHY??
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It's open source, so If it contained malicious code, we would've known already. Just download the source code, turn off your internet connection and print, you'll be fine.
If it's a large amount though, I highly recommend a hardware wallet. The private keys could start to fade over the years If the paper is not well stored/protected etc.
by source code you mean zip file on bitaddress.org download it and open bitaddress.org.html in chrome am i correct
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I am new in bitcoin i want to store bitcoin on something that i can retrieve later like in 2022 I want a paper wallet for which i came to know bitaddress.org is used
then one day i came to mind what if this site generates address which belong to one HD wallet(as my jaxx can produce infinite amount of public addresses and their respective private keys)
this is how crazy my mind works sometimes..what if someday they decide to steal all ur funds...
IS it safe to generate paper wallet from this site from an offline PC i am going to store them for years...
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i created a wallet form web wallet and an keeping safe 12 words and a bitcoin address public key and private key and that single public address has all bitcoin now i m never going to use that wallet as i m going to hold bitcoin till 2025
my question is what if community tries to upgrade bitcoin and is it possible that that private key wont work because of upgrade.....as i see back in 2011 people use to keep bitcoins on a hard drive ....
i just want to know would i be able to recover my funds as long a i have my private key whatever happens to technology....
Wait, you're going to store your bitcoins for holding in a web wallet? At least use a software wallet like Electrum to keep them and then make back-ups. Stored this way, it should be safe during updates, at least concerning splits. However, you are an investor, you don't leave your investment unattended. It's not that hard to keep updated on news and then act accordingly. I created it using blockchaininfo I have seeds and address that have coin its private key extracted from jaxx... Now it wont touch internet till 2025 Is it safe???
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i dont get it why the original developers are still not working to make this thing even more big....i know the lightening network is in progress though...
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i bought bitcoin when it is 9 year old and still a long way to go. but just in case some other crypto currency that is better than btc in every aspect...
what currency you believe in which is gonna be next big thing for payments..
i believe nano is good contender dash ltc too....but these are my opinion want to know yours too...
i am not going to miss the train this time
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