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Author Topic: USB stick as cold wallet, one thing...  (Read 1896 times)
farlack
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July 15, 2014, 07:23:39 PM
 #21

You can use it offline also. Basically works as you send a transaction on your offline computer, transfer the data of the transfer on your online computer via usb stick. You don't ever have your wallet online.

Ok so I do not have to be online after plugging in the usb in order to open the wallet and then send coins?

That is giving me a much better feeling, thought I had to be online to send.

Thank you

Although I know it is possible to receive coins while being offline, I thought you had to be online to send coins? Doesn't initiating a transaction require broadcasting it to the network?


You do broadcast it, you then take the data from your usb, and upload it to the online wallet.

https://bitcoinarmory.com/about/using-our-wallet/
littlewizard
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July 16, 2014, 01:22:11 AM
 #22

My biggest fear is just my memory, lossing the actual USB stick because you forget where you put it  Grin

You can backup as many memory as you wish..
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