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Author Topic: HOWTO: create a 100% secure wallet  (Read 249934 times)
jonny1
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October 21, 2012, 11:16:35 PM
 #1061

Great advice on this thread. Thanks for the heads up on securing your wallets
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DrButtFace
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October 22, 2012, 08:30:41 PM
 #1062

Great thread, lots of real helpful info.
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October 23, 2012, 01:16:02 AM
 #1063

Thanks for sharing this
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October 23, 2012, 03:08:05 AM
 #1064

I like Electrum and Blockchain.
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October 24, 2012, 12:33:58 AM
 #1065

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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kuaka
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October 24, 2012, 04:36:15 PM
 #1066

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
 #1067

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.

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kuaka
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October 24, 2012, 05:34:18 PM
 #1068

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.

Like the live cd, your "wallet" is NOT on the disk (in this case image).  Any traces of it are disposed of when reverting to a snapshot.  Unlike the live cd, you only have to install the bitcoin software once.  If you really know your stuff, install the software and create your own live-cd with it.
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October 24, 2012, 07:00:01 PM
 #1069


Like the live cd, your "wallet" is NOT on the disk (in this case image).  Any traces of it are disposed of when reverting to a snapshot.  Unlike the live cd, you only have to install the bitcoin software once.  If you really know your stuff, install the software and create your own live-cd with it.


Ah, so basically an alternative to the live CD. Though I would assume that a useful live *would* have the software installed.

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kuaka
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October 24, 2012, 08:02:25 PM
 #1070


Like the live cd, your "wallet" is NOT on the disk (in this case image).  Any traces of it are disposed of when reverting to a snapshot.  Unlike the live cd, you only have to install the bitcoin software once.  If you really know your stuff, install the software and create your own live-cd with it.


Ah, so basically an alternative to the live CD. Though I would assume that a useful live *would* have the software installed.

It is a trust issue.  If you know a source for a live CD with the Bitcoin software already installed that can be trusted to NOT have put in other stuff...

noids come in pairs you know.
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October 24, 2012, 08:36:32 PM
 #1071

It is a trust issue.  If you know a source for a live CD with the Bitcoin software already installed that can be trusted to NOT have put in other stuff...

noids come in pairs you know.

I guess one option would be for some kind soul to put together a live CD but include scripts which download and install the bitcoin software onto a known-good(ish) live-cd so that some others can verify that it's a good CD. You can then choose to either create the CD yourself or trust that if there was something up, someone would have found it.

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bbfunk
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October 26, 2012, 05:00:32 PM
 #1072

Must try this as im getting paranoid with the whole bitcoin thing thanks for the guide.
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October 27, 2012, 01:36:09 PM
 #1073

Great Info...

However, as I am not a wealthy man in bitcoins, I still use blockchain.info 's wallet, as it appears to be pretty secure to me.

If I however be wealthy in btc's, I will surely add more protection to my money.

Thanks.
tjohej
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October 29, 2012, 01:20:18 PM
 #1074

I think the guide to being secure doesn't need to be complex at all, though I don't know if the required technologies are available to write such a simple guide.

For example I think that an offline computer can send money without being connected to the internet. You just use your signing keys(you must also know manually how much bitcoins you have beforehand, without having any blockchain around. Here you can use blockchain.info to check that up, advised to access it through Tor. Then since you know how much you have, you use your private key on that offline computer and sign a transaction. Then you transfer that transaction with a usb key storage to your main computer which may be virus and trojan+keylogger infested and just execute the transaction. Voila!

Though are these technologies available. We would need a very simple program, one that doesn't like need the latest version of Ubuntu, not the full fledged bitcoin-qt, except if it can work in offline mode and it can allow to send Bitcoins without needing an internet connection.

The above are maybe a bit of half-baked thoughts.

There may still be hope for the 1st decentralized cryptocurrency which is Bitcoin. How to approach different subjects is key to progress.
Jimmysmith
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October 29, 2012, 09:54:01 PM
 #1075

ijust secured my lr because i did lr to btc exchange and someone hacked my lr with all the funds smh
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October 30, 2012, 04:54:54 PM
 #1076

At the very least, I've avoided using online wallet services after reading about btc thefts.  So the argument about keeping those savings accounts on physical media and physically locked in a safe is not a bad one to make.
piramida
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October 31, 2012, 08:24:59 AM
 #1077

Great Info...

However, as I am not a wealthy man in bitcoins, I still use blockchain.info 's wallet, as it appears to be pretty secure to me.

If I however be wealthy in btc's, I will surely add more protection to my money.

Thanks.

You are right, this whole thread is obsolete. There are two million + 1 ways to lose your bitcoins if you do encrypt your disk and create cold storage wallet and use regular client which you would never start. There's only one (ok two) passwords between you & your money on blockchain wallet, it is easy, secure (as long as your computer is secure), and convinient.

The only thing they need to do is to remove the builtin satoshi dice. I mean really, that's very distracting and dangerous. Have to keep money in an archived address to not waste them all while not sober.

i am satoshi
gazwel
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November 01, 2012, 10:01:22 AM
 #1078

I know people mostly just reply on here to get their post count up but that is some seriously great information in the OP, thanks Smiley
thirdchance57
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November 01, 2012, 07:15:25 PM
 #1079

why not just use an anti keylogger program ?

alien193
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November 01, 2012, 09:49:22 PM
 #1080

aren't sites like blockchain or instawallet secure aswell?

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