matakaonew
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February 17, 2013, 09:26:54 PM |
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Is there a way to use dropbox or similar product and still get some king of a safe wallet following me around?
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Grey Ghost
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February 18, 2013, 02:18:45 AM |
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thanks for the info
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DontMineMe
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February 18, 2013, 02:43:58 AM |
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I am sorry in advance if this question been answered previously, But this is a long thread! What is the disadvantages of using online wallet like Blockchain for example? Of course they could fold tomorrow but I mean in term of actual security and encryption.
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nrlafd
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February 18, 2013, 03:28:27 AM |
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Thanks. good post. basically confirms my understanding of wallet security. Do I have this right though? -- you want to avoid having the wallet unencrypted in RAM for even an instant and thus the involved process of booting off the USB.
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zero-asic
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February 18, 2013, 04:59:05 AM |
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Thanks for the great post!
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M25
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February 18, 2013, 01:29:51 PM |
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Article is only useful to escape newbie purgatory!
Nothing is 100% and there's no need for abusiveness.
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bigj
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February 18, 2013, 01:37:32 PM |
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You're 100% right
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nicoin
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February 18, 2013, 02:20:55 PM |
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Personally looking forward to bitcoin-central (now being revamped as 'paytunia') to offer proper insurance on their deposits.
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tigerfree
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February 18, 2013, 04:20:17 PM |
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thanks for the info
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lovenlifelarge
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February 18, 2013, 06:23:39 PM |
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Great info, I never even thought about securing my wallet dat this hardcore but then again, I've never had that many coins...
I will keep this in mind once my asic arrives.
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awipi
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February 18, 2013, 06:31:18 PM |
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You can never be safe tho, never enough safety.
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Pepaco
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February 18, 2013, 10:47:23 PM |
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Thanks!!
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Ex0deus
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February 19, 2013, 12:29:04 AM |
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I am sorry in advance if this question been answered previously, But this is a long thread! What is the disadvantages of using online wallet like Blockchain for example? Of course they could fold tomorrow but I mean in term of actual security and encryption.
Technically... the site operators have access to the wallet.dat created for your online wallet because it resides on their servers. Some online wallets don't even use such methods and instead use a shared wallet. Some of the better online wallets i would say are good for simple daily usage... but I would suggest it for any kind of long term storage.
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DontMineMe
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February 19, 2013, 02:26:56 AM |
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I am sorry in advance if this question been answered previously, But this is a long thread! What is the disadvantages of using online wallet like Blockchain for example? Of course they could fold tomorrow but I mean in term of actual security and encryption.
Technically... the site operators have access to the wallet.dat created for your online wallet because it resides on their servers. Some online wallets don't even use such methods and instead use a shared wallet. Some of the better online wallets i would say are good for simple daily usage... but I would suggest it for any kind of long term storage. Thanks! BTW, What online wallet would you consider the safest for daily use ?
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Scotty M
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February 19, 2013, 03:31:19 AM |
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Awesome info, thanks!
I already installed my client, I'll have to figure out how to handle this before I move any serious money into it.
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drakness
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February 19, 2013, 04:03:17 AM |
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Thank you!
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Giddeon
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February 19, 2013, 08:58:40 PM |
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Fun, and useful.
I guess sometime I will have enough BTC to warrant such precautions.
Here's hoping...
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just1nmc
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February 19, 2013, 09:17:14 PM |
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I have my bitcoins stored in separate paper wallets. Is there a way to occasionally check their balances without importing the private key to a website?
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kosmokramer
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The Assman: CEO of Vandelay Import/Export, Inc.
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February 19, 2013, 09:49:52 PM |
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@just1
Yes - blockchain.info allows you to assign a "watch-only" address. You can then keep an eye on the balance without them (or you) having the ability to spend it. When/if you're ready to spend, you just import the private key.
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crabel
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February 20, 2013, 01:51:48 AM |
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What is the issue with using something like armory? The problem with the bitcoin client is that it takes forever to sync the blockchain. Am I missing something here. The issue is air gapping to prevent online intrusion and encryption to prevent offline intrusion.
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