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Author Topic: What is Paper Wallet?  (Read 485 times)
nbjh
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March 05, 2018, 01:55:08 AM
 #41

It is a good way to keep your coins protected if you plan to accumulate them and in case some "friend of the alien" visit your computer, make a copy of your wallet and break the password by attacking it by brute force. The disadvantage is that the more layers of security you add, the more work, and maybe for a few satoshis, you do not need that much.

If we have a small amount of bitcoin, we can put it in the wallet application, there is no problem with the exchange. In fact, this benefit is to facilitate the transfer of funds, the roll-out, but the disadvantage is actually not the highest level of security.
BitHodler
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March 05, 2018, 02:06:13 AM
 #42

Paper wallet is an Android platform application. Paper wallet allows you to safely save the address and some confidential information.
It's not an android or any other type of application at all. If you have used an android wallet claiming to be as such, or generates paper wallet templates with private keys for you, then you'll likely get scammed at some point.

I personally always generate private keys through my core client, and write them on a piece of paper so I don't have to print anything. It's the old fashion way, but it's the way I feel the most comfortable with.

I would never ever use an app or whatever script that isn't open source. Nowadays people more than ever before are walking targets, literally and figuratively. Most of the newbies don't realize that yet unfortunately.

BSV is not the real Bcash. Bcash is the real Bcash.
Shreek
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March 05, 2018, 02:11:53 AM
 #43

yes, I think every wallet has a risk, be it online or offline wallet. and I do not see much benefit by using papper wallet. because more risks, such as loss, damage, or tear and others.

if i have to choose between papper wallet and ledger nano, i will choose ledger.

loverbitcoin
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March 05, 2018, 02:18:24 AM
 #44

A paper wallet is considered a safe way to keep Bitcoins safe from cyber-attacks, malware, etc. A paper wallet involves "printing" and storing Bitcoins in an offline mode. But it's important to remember that, it’s not the Bitcoins that are being printed out like regular currency. It's the information stored in a Bitcoin wallet or digital wallet that gets printed out.
shibisu
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March 05, 2018, 02:33:33 AM
 #45

Method of storing bitcoins offline on a piece of paper that holds
hai the private key và địa chỉ địa chỉ.
A type of cold wallet, used to store offline bitcoins printed on paper. The printed information consists of two parts. One is the public address of the wallet, which is used to let other people see and receive the bitcoin. The rest of you are the secret key used to consume bitcoin.

The strength of a paper purse is that your secret key is not stored anywhere on the internet, absolutely safe from the internet. But if you make the bile or wallet fall into the hands of others, you will permanently lose the bitcoins that are stored in your wallet.
Wallet paper is paper wallet or paper wallet to store Dogecoin, Bitcoins, Litecoin and some other coins offline. Paper wallet A physical document mechanism that has been widely used and can be guaranteed such as fiat money (Cash) or anything else valuable in the real world.
speedy1987
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March 06, 2018, 05:30:21 PM
 #46

Method of storing bitcoins offline on a piece of paper that holds
hai the private key và địa chỉ địa chỉ.
A type of cold wallet, used to store offline bitcoins printed on paper. The printed information consists of two parts. One is the public address of the wallet, which is used to let other people see and receive the bitcoin. The rest of you are the secret key used to consume bitcoin.

The strength of a paper purse is that your secret key is not stored anywhere on the internet, absolutely safe from the internet. But if you make the bile or wallet fall into the hands of others, you will permanently lose the bitcoins that are stored in your wallet.


Paper wallet is something called a off line wallet which make use of paper to store all the cryptocoins in the form of public address(i.e) QR code which in term is used to send and received the coins and the other is the security keys. The main purpose of the the paper wallet is must be kept safe, not available in hands of others to protect the loss of all the coins in the wallet. If it is followed such a manner then it safe to own a paper wallet. It may be also defined as a off line wallet.
damrianto
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March 08, 2018, 06:17:39 PM
 #47

Paper Wallet is a paper-shaped wallet that can be used by someone to store their Bitcoin in a simple but can be stored offline so it tends to be more secure. Swallow wallpaper is useful to avoid hacking from the theft.
Kaykay
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March 19, 2018, 11:38:42 AM
 #48

A paper wallet is simply an offline mechanism for storing Bitcoins
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