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Author Topic: Trying to wrap my head around offline/paper wallets.  (Read 2294 times)
ildubbioso
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December 13, 2012, 05:22:48 PM
 #21

The bitcoins appeared in my wallet today, probably the client is slower than I tought.

Thank you all for your tips, now I can use some paper wallets  Smiley

(I think a guide would be useful for the no-smartphone-users)
HeliKopterBen
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January 18, 2013, 11:52:28 PM
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Is it possible to recreate an online wallet from the hard copy alone in case the online wallet has been lost/destroyed/damaged/corrupted/forgot password/stolen/ect?  I have an online wallet at blockchain.info and will be making a paper wallet "savings account".  I just want to make sure I can redeem my funds somehow in case I cant access the online part.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
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Mike Caldwell
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January 19, 2013, 12:31:22 AM
 #23

Is it possible to recreate an online wallet from the hard copy alone in case the online wallet has been lost/destroyed/damaged/corrupted/forgot password/stolen/ect?  I have an online wallet at blockchain.info and will be making a paper wallet "savings account".  I just want to make sure I can redeem my funds somehow in case I cant access the online part.

Yes Blockchain makes it super easy, just go into the advanced tools and "import private key".

However, you're only recreating the wallet to the extent it involves that one private key.  Wallets tend to contain lots of private keys.  So if you want your funds on a single private key, it's far better to use the wallet to send your funds to a paper wallet, rather than to try to export keys.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
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