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Author Topic: HOWTO: create a 100% secure wallet  (Read 250009 times)
shaon004
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March 26, 2013, 10:22:13 AM
 #1961

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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March 26, 2013, 10:25:18 AM
 #1962

Very usefull information. Thank You

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mrgroove
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March 26, 2013, 10:28:18 AM
 #1963

would you trust an online wallet with considerable amount of bitcoins?
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March 26, 2013, 10:31:17 AM
 #1964

Best way you be to just memorise if you can

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March 26, 2013, 10:35:33 AM
 #1965

thx for the info
klv2001
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March 26, 2013, 10:38:28 AM
 #1966

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
 #1967

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
 #1968

Thanks,
 Great read

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March 26, 2013, 04:28:15 PM
 #1969

Good info on this topic Wink
Roujo
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March 26, 2013, 08:04:24 PM
 #1970

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
 #1971

nice read) thanks
dazultra
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March 27, 2013, 09:34:16 AM
 #1972

my grandma understood this well.
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March 27, 2013, 03:54:28 PM
 #1973

nice read - thanks
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March 27, 2013, 09:00:07 PM
 #1974

interesting
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March 27, 2013, 09:32:51 PM
 #1975

great stuff, thank you
piranha
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March 27, 2013, 11:45:45 PM
 #1976

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..
christop
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March 28, 2013, 12:32:22 AM
 #1977

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
 #1978

Appreciate this info, thanks.
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March 28, 2013, 07:10:25 AM
 #1979

thanks for the infomation. Grin

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March 28, 2013, 10:53:19 AM
 #1980

Thanks for this.
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