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Not Understanding Cold storage
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Topic: Not Understanding Cold storage (Read 2016 times)
tspacepilot
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I may write code in exchange for bitcoins.
Re: Not Understanding Cold storage
April 08, 2015, 07:53:38 AM
#21
Quote from: EcuaMobi on March 29, 2015, 04:22:45 PM
Quote from: cyclotronmajesty on March 29, 2015, 04:15:25 PM
Quote from: EcuaMobi on March 29, 2015, 03:56:36 PM
I recommend you to get a Linux live CD. You can achieve this by downloading a Linux ISO file and then creating your own live CD by following these steps:
http://www.maketecheasier.com/create-linux-live-usb-in-mac/
Then download the code for a paper wallet generator. I recommend bitaddress.org:
https://bitaddress.org
> Zip link at the bottom
With that, completely disconnect your computer from the network and boot the live CD. Unzip the wallet generator and use it to generate your wallet, completely offline.
Another option is using Deck Wallet if you have an Android device. Check my signature.
Side topic, I saw the tutorials using bitaddress.org. but... seems kinda odd that one would start on the internet, to generate a wallet, that you intend to keep off the internet... especially a website... which are notorious for being spied on.
Is there no way to create a wallet while offline?
Please read my post again, both options I mention are 100% offline. This is an important step:
Quote
https://bitaddress.org
> Zip link at the bottom
You need to download the code of the wallet generator and then run it completely offline on your disconnected live CD. You are not generating the wallet online. I hope it's clear now.
The only thing I'd add to what EcuaMobi said is that it doesn't literally have to be a CD. These days linux on a thumb-drive is a lot more common (from what I've seen) and a lot of newish computers don't even have optical drives anymore (my laptop from 4 years ago doesn't have a CD drive). However, if you:
:%s/CD/thumb drive/g
Then I agree completely!
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cyclotronmajesty
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Re: Not Understanding Cold storage
April 08, 2015, 03:37:10 PM
#22
OK thanks all. I think i'm going to try getting a raspberry pi and running the Linux OS on it.
But until then what is up with Electrum not able to create a wallet while offline?
Whenever I disconnect from the internet and try to create a new wallet it gives me this message:
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