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Author Topic: HOWTO: create a 100% secure wallet  (Read 275354 times)
BTC934
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October 17, 2012, 01:37:29 PM
 #1041

I suggest you guys to be very responsible with your btc wallet. I have a lot of friends who had their money stolen. Terrible situation for them.
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October 17, 2012, 09:04:05 PM
 #1042

How secure is https://blockchain.info/wallet for storing wallet info?
Assume the computer used to access wallet is never infected, and that BTC will never exceed 100.
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October 18, 2012, 06:23:27 PM
 #1043

Really helpful post.I heard that the most secure free OS is OpenBSD. So i will try to use that
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October 18, 2012, 09:48:21 PM
 #1044

How safe is MtGox youbikey comparing to keeping your BTC on pendrive?
To me it is super convenient and easy to use. What do you think?

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October 19, 2012, 07:20:08 AM
 #1045

How safe is MtGox youbikey comparing to keeping your BTC on pendrive?
To me it is super convenient and easy to use. What do you think?

I don't have to worry MtGox shutting down with out any announcement.

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aepfel
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October 19, 2012, 10:04:55 AM
 #1046

Thank you for this thread.

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bitmessage:BM-2DAaQwRQqsBuzW2j6AQHGQ9G2ePb9crmaV
yuutt66
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October 20, 2012, 01:23:00 AM
 #1047

There was some very helpful information in this thread. Thank you very much!
HamBit
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October 20, 2012, 02:02:56 AM
 #1048

Cheers, very useful for someone new to all this!
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October 21, 2012, 12:37:02 PM
 #1049

Thanks dude i just download the bitcoin wallet and needed this.
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October 21, 2012, 04:44:40 PM
 #1050

This client, Armory -  http://bitcoinarmory.com/ , in conjunction with your bitcoin wallet says that it can give 100% security.  The trouble is you need to have an offline wallet held in a laptop computer dedicated to your bitcoins that never touches the internet. So I would invest in a paper wallet through Blockchain first and store the private keys in a safe, then put money in a offline wallet signing system like Armory once I have a fairly valuable amount of BTC. 

In other words, if you have over 50 BTC for example, use an Armory wallet signing software with a laptop that can be dedicated to just storing you bitcoins.  For amounts less than 50BTC, a paper wallet is a good and safe backup.
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October 21, 2012, 05:03:48 PM
 #1051

Very useful and thanxx to miner2049 if my wallet ever gets in sync I'll DL CoinArmory.  Anyone got any fast ways to get Bitcoins in the UK without using Pingit pleas pm me.
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October 21, 2012, 05:48:11 PM
 #1052

There is no such thing as 100% secure on the internet nothing is sacred. Many things can destroy a wallet e.g. system errors, hard drive failure lemonade spillage etc...
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October 21, 2012, 07:40:04 PM
 #1053

There is no such thing as 100% secure on the internet nothing is sacred. Many things can destroy a wallet e.g. system errors, hard drive failure lemonade spillage etc...

One way to look at the security is ; Whom have I given entrusted my private keys to? If the answer is no one but myself, then the weakest link is in yourself and no one else.

So paper wallets, Armory bitcoin signing software, (which can have paper keys as backups too) and even Bitbills http://www.bitbills.com/ are a safe way for storing the keys to your bitcoin assets.

Bitbills is based on trusting the company that has made the Bitbill and has destroyed their knowledge of the keys that are included in the cards they sell you.

Using these cold storage methods keep your coins off the internet until you want to use them.
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October 21, 2012, 11:16:35 PM
 #1054

Great advice on this thread. Thanks for the heads up on securing your wallets
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October 22, 2012, 08:30:41 PM
 #1055

Great thread, lots of real helpful info.
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October 23, 2012, 01:16:02 AM
 #1056

Thanks for sharing this

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.Together we can change
❍ ❍ ❍........the internet........❍ ❍ ❍
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.Social Media.
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October 23, 2012, 03:08:05 AM
 #1057

I like Electrum and Blockchain.
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October 24, 2012, 12:33:58 AM
 #1058

Excellent and very helpful thread for semi noobs like me. Wealth of info that has really helped - Thanks!  Grin

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
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October 24, 2012, 04:36:15 PM
 #1059

A big fan of VM's myself, how about getting a VM (Used to use VMWare, but VirtualBox fan these days) of your favourite distro up and running, install all of the necessary software, take a "snapshot" of it (shut down is safer, but you can "snapshot" a running VM).  Do your wallet transactions inside the VM after booting it up, transfer the file to cd/usb stick/whatever..., shut down the VM reverting to snapshot.  Then you won't be needing to install the software every time, but you still get the benefit of having a system which doesn't actually contain your wallet.  If you are extremely paranoid, download the software installs separately and install them in the VM while not connected to the web.
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October 24, 2012, 04:38:48 PM
 #1060

A big fan of VM's myself, how about getting a VM (Used to use VMWare, but VirtualBox fan these days) of your favourite distro up and running, install all of the necessary software, take a "snapshot" of it (shut down is safer, but you can "snapshot" a running VM).  Do your wallet transactions inside the VM after booting it up, transfer the file to cd/usb stick/whatever..., shut down the VM reverting to snapshot.  Then you won't be needing to install the software every time, but you still get the benefit of having a system which doesn't actually contain your wallet.  If you are extremely paranoid, download the software installs separately and install them in the VM while not connected to the web.

I'm not sure what the VM gains you.

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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