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Author Topic: Who uses paper wallets  (Read 236 times)
gentlemand
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April 10, 2018, 01:20:43 AM
 #21

Ahh, I see. But as you said there's some vulnerabilities (I've done some researching and some users are also experiencing this) with it? I find it less secure and a bit expensive, if I'm to use this than just keeping a paper wallet.

If you only intend to hold and never spend then paper is fine and probably preferable. If you do spend coins relatively often, and especially if you have plenty of alts too, then hardware makes sense.

Most of the vulnerabilities that have been uncovered have been at the extreme end of possibilities and will likely never happen to the average user, but that's only the ones that have been discovered so far.
Coyoteerex09
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April 10, 2018, 01:26:13 AM
 #22

Ahh, I see. But as you said there's some vulnerabilities (I've done some researching and some users are also experiencing this) with it? I find it less secure and a bit expensive, if I'm to use this than just keeping a paper wallet.

If you only intend to hold and never spend then paper is fine and probably preferable. If you do spend coins relatively often, and especially if you have plenty of alts too, then hardware makes sense.

Most of the vulnerabilities that have been uncovered have been at the extreme end of possibilities and will likely never happen to the average user, but that's only the ones that have been discovered so far.

Thanks for the reply mate.

Well, as for now I'm not planning in using it. What I do is have some wallet for spending purposes and ones for investment, although its a bit complicated and less convenient I find it more secure.
Trollinator
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April 10, 2018, 03:35:22 AM
 #23

I think everyone should keep a paper wallet as one of their backup protocols. I like the idea of have both digital and analog backup items
RBLT
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April 10, 2018, 04:05:10 AM
 #24

hmmm im not using paper wallet though. maybe i will give it a try later on Smiley
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