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Author Topic: HOWTO: create a 100% secure wallet  (Read 274045 times)
klv2001
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March 26, 2013, 10:38:28 AM
 #1961

Thanks for this I was a little nervous that my bitcoin wallet was not secure enough but you helped me. Thanks again.

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March 26, 2013, 01:58:22 PM
 #1962

would you trust an online wallet with considerable amount of bitcoins?

No, although I think blockchain.info is reasonably secure.

To store a "considerable" (definition subjective) amount of bitcoin, a cold wallet as described in this thread is by far the best solution. Your hot wallet "probably" won't get hacked, just like the pile of cash or gold you store in your protected-only-by-padlock garage or shed "probably" won't be stolen. Grin

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March 26, 2013, 02:27:30 PM
 #1963

Thanks,
 Great read

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March 26, 2013, 04:28:15 PM
 #1964

Good info on this topic Wink
Roujo
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March 26, 2013, 08:04:24 PM
 #1965

would you trust an online wallet with considerable amount of bitcoins?

No, although I think blockchain.info is reasonably secure.

To store a "considerable" (definition subjective) amount of bitcoin, a cold wallet as described in this thread is by far the best solution. Your hot wallet "probably" won't get hacked, just like the pile of cash or gold you store in your protected-only-by-padlock garage or shed "probably" won't be stolen. Grin

Spot on. You're only secure if breaking your lock takes more effort that the perceived value behind it. If nobody know you've got gold in that shed, it's (mostly) as secure as if it was in a bank vault.

If everyone knows... It's another story. =P
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March 27, 2013, 03:19:38 AM
 #1966

nice read) thanks
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March 27, 2013, 09:34:16 AM
 #1967

my grandma understood this well.
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March 27, 2013, 03:54:28 PM
 #1968

nice read - thanks
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March 27, 2013, 09:00:07 PM
 #1969

interesting
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March 27, 2013, 09:32:51 PM
 #1970

great stuff, thank you
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March 28, 2013, 12:32:22 AM
 #1971

Great stuff.. The only thing that kind of suck's about the wallet is the amount of time it takes to get 100% synced up.. I wanna say the transaction sync file is like 5gb. I've read that you can download from piratesbay a complete torrent file of the sync. That would cut you time way down..
You don't have to sync the blockchain before a wallet goes into cold storage. The wallet and blockchain are completely separate.

If you meant when you're spending money from a wallet, then yes, you do need to have a synchronized blockchain, but if you already have a synchronized blockchain database, you can use that with your cold wallet when you're ready to spend from it.

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March 28, 2013, 01:25:53 AM
 #1972

Appreciate this info, thanks.
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March 28, 2013, 07:10:25 AM
 #1973

thanks for the infomation. Grin

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March 28, 2013, 10:53:19 AM
 #1974

Thanks for this.

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March 28, 2013, 12:35:59 PM
 #1975

My wallet is secure now  Grin
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March 28, 2013, 02:02:29 PM
 #1976

Is there a way to get the private keys out of my wallet? I want to literally print out the address+key, rather than have to deal with lossy media (burned dvds literally fall apart after a few years)
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March 28, 2013, 03:57:42 PM
 #1977

Good Read.
christop
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March 28, 2013, 04:09:01 PM
 #1978

Is there a way to get the private keys out of my wallet? I want to literally print out the address+key, rather than have to deal with lossy media (burned dvds literally fall apart after a few years)
If you're using the Bitcoin-qt or bitcoind client, use the dumpprivkey command. https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_calls_list

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March 28, 2013, 05:30:27 PM
 #1979

Thank you.

I have been mining for a few weeks now before discovering this site and have locked mine down now.

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March 28, 2013, 05:40:09 PM
 #1980

Wow! Over 80 thousand reads of this post/thread.  It shows that people really are interested in taking BTC security seriously.  With BTC nearing $100 each, it certainly makes sense to be cautious!
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