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Author Topic: HOWTO: create a 100% secure wallet  (Read 258288 times)
Cm5xng
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October 03, 2012, 02:59:40 PM
 #1021

I am curious that if someone else has your wallet.dat's copy too, can they bruteforce it and get all the cash?
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chorchonga
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October 03, 2012, 07:28:13 PM
 #1022

If someone has your wallet.dat, they already have your private keys and have no need to bruteforce.  Look up public-key encryption if that doesn't make sense.

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lile
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October 04, 2012, 11:18:11 AM
 #1023

What happens if I have a wallet, receive a payment on the first address and send one, then someone sends me a payment to the first address? Is this payment compromised in any way?
No, it is not compromised. It wouldn't be a very good system if it were.

If someone has your wallet.dat, they already have your private keys and have no need to bruteforce.  Look up public-key encryption if that doesn't make sense.
Not if the private keys are encrypted. In that case if a weak password was used someone could bruteforce it, sure.
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October 05, 2012, 06:24:02 PM
 #1024

Anyone using Yubikey to provide some feedback? mt.gox used to have one
Zeek_W
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October 06, 2012, 12:30:41 AM
 #1025

Great read!

My toughbook has fingerprint read, smart card authentication and I'm in the process of getting them to work with the linux distro I am liveCDing. Also as the toughbook has had quite a 'tough' life the USB ports are fried so anyone who wants to gather info off it onto USB sticks end up with a blown up USB Stick Tongue

shwoop
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October 07, 2012, 12:07:24 PM
 #1026

Fascinating read.

I think an additional security consideration is to diversify.
I currently spread my funds across a few online wallets and a few computers.
Generating the wallets on a liveCD and securing them over multiple .dat's is a great idea.
Ashkanian
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October 07, 2012, 01:35:30 PM
 #1027

excuse me guys I have a queston I read bitcoin wiki and on that it said you can zip your wallet.dat with 7zip I do THAT but one of my friend said it is useless because they can hack and crack it very easily is it true ? Sad
an4rchy
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October 07, 2012, 02:13:58 PM
 #1028

Great post. It sounds like you hate Windows. What do you think about a MAC, can i atleast leave an encrypted wallet on my computer. I believe if the wallet is encrypted to a high standard it should be uncrackable.
nobbynobbynoob
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October 07, 2012, 02:22:27 PM
 #1029

Great post. It sounds like you hate Windows. What do you think about a MAC, can i atleast leave an encrypted wallet on my computer. I believe if the wallet is encrypted to a high standard it should be uncrackable.

To the best of our knowledge it is... except by a keylogger. Smiley

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Kas
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October 07, 2012, 06:10:25 PM
 #1030

This is good, I'd be so scared having more than like $50 in my bitcoin wallet. If I ever have larger amounts I will follow this guide, thanks Cheesy
MarkOST
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October 07, 2012, 09:46:29 PM
 #1031

Yup, I'm a windows cunt that was finally convinced to switch over to a Linux Live CD after realizing how easy it would be for a hacker to steal all my stuff.


And in the process I realized that Linux isn't so user unfriendly after all, and am starting to use it for any important data like checking bank accounts, etc.


Basically only boot up Windows to play games and graphic programs now.
transientbeing
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October 07, 2012, 10:16:38 PM
 #1032

Linux isn't all that user unfriendly eh?  I didn't study computer science in college so I'd be happy if I could just figure out how to get the Bitcoin program to function on my laptop with Linux Mint 11.  The program files are saved on my hard drive but they won't do anything. 
warbdan
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October 08, 2012, 03:08:13 AM
 #1033

Allright. Well if you don't trust the client from bitcoin.org or the ubuntu live CD, they are both open source, so you are able to compile it yourself.

Yes, and I also suggest, you read through the whole source-code that constitutes the entire Ubuntu distribution, just to make extra-sure Smiley

MBH: The whole point is to backup the entire disk, no? In that case, you still have to move your wallet.dat between the old CD and the new one. Besides, who guarantees that DSL will still be maintained a few years from now.

But if the encryption part was just meant for your wallet.dat, then yes, that's what I suggested. Just make sure, you use an encryption that will still be secure in a few years, otherwise, I'll steal it now (from your lame-ass cloud provider in case you use dropbox), keep it and decrypt it in 2018 with my quadruple ATI-over9000. Just a possible scenario. I prefer the more minimalistic physical security.

over9000 made me lol.
Werner
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October 08, 2012, 04:21:13 AM
 #1034

thank for information, it will help in great amounts in my future!
Statesman
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October 08, 2012, 05:21:14 AM
 #1035

Great thread. Thanks for the advice.

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Natrecs
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October 09, 2012, 04:57:11 AM
 #1036

damn, hate all this Learning Curve Reading!!!LOL
TenDrawBTC
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October 09, 2012, 09:40:47 PM
 #1037

great thread

ethnogrower
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October 11, 2012, 11:46:12 PM
 #1038

Thanks for the HowTo
wakara
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October 12, 2012, 11:01:54 AM
 #1039

Thanks for the info, will take care
Gatorhex
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October 12, 2012, 11:12:34 AM
 #1040

Install Ubuntu (Linux) or similar to boot from a USB stick
store and use your bitcoin wallet there

You can take it and use it on any computer and easily drop it in a fireproof safe,
and it's mostly offline away from hackers, and away from your virus ridden Windows PC. 

Don't mine on the same computer as your bitcoin wallet Wink
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