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m3ta
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June 24, 2011, 02:56:38 AM |
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1. What you'll do is the following: Create a live-CD or a bootable USB with your OS of choice on it. I suggest using the Ubuntu LiveCD. This. Albeit surely not as secure as FreeBSD or OpenBSD, Ubuntu is definitely one of the easiest, specially for those who are "coming from Windows". |
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netrin
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FirstBits: 168Bc
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June 24, 2011, 02:59:24 AM |
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Rather than TrueCrypt or LUKS partitions, just symmetrically encrypt your wallet.dat file.
$ gpg -ca wallet.dat
which will produce wallet.dat.asc . Just delete your wallet.dat after use (not the -.asc). You'll need to periodically create a new symmetrically encrypted version before each 100th transaction and back it up.
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Globz
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June 24, 2011, 04:34:46 AM |
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Very good thread!
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MacMiner
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June 24, 2011, 04:44:58 AM |
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Great guide. Very helpful.
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thinkweis
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June 24, 2011, 05:49:17 AM |
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am i missing the point and cant i just put the bitcoins on my usb stick and then keep my usb stick in my safe ?!?!
thus having no need for a e-wallet ?!?!
cheers dom
The problem with that is when you need to access your wallet you will be putting it back on the same system that might have trojans already. The reason we use a bootable edition of Ubuntu is because it's clean and you get a brand new OS every time. That way every time you go to use your wallet, it's at no risk of any Trojans. I have a detailed guide on my site in case you feel a little bit overwhelmed. http://startbitcoin.com/how-to-create-a-secure-bitcoin-wallet/-Think And as always, if you feel like I've made your bitcoin experience better- donate 1HbdRpinMDQ2cgUWsKiMPDN2icC8rNpS1i |
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BkkCoins
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June 24, 2011, 02:35:54 PM |
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Another thing that's useful for long term storage is using Shamir's Secret type splitting to break the wallet into several parts. This requires that some given number of parts (you choose) are recoverable and can be joined back into the secure file.
With this method any part is useless alone, and any several parts is also useless but if you have the correct number of parts (or more) then it can be reversed and used again. This is really good for organizations who want to enforce that several people need to come together to agree to access the wallet. Or when you want to store parts in various public places but be sure that if you lose some you can still recover.
eg. Split in 5, with 3 required parts. Then you can put them in some places and as long as someone doesn't get 3 out of 5 they can't use the data. There are Shamir programs for most OS. I've used the one for Ubuntu from the repos successfully.
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gfeidh
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June 24, 2011, 03:53:52 PM |
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100%? seriously?
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binocle
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June 24, 2011, 05:05:51 PM |
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Thanks for all your advices.
–and 4 posts… Am I allowed to go and play with the grown ups now…?–
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asuspowered
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June 24, 2011, 06:53:48 PM |
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thanks for the clarification! Great HOWTO!
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Owlster
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June 24, 2011, 11:38:34 PM |
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Quote from: onis_uk on June 23, 2011, 05:46:00 pm
am i missing the point and cant i just put the bitcoins on my usb stick and then keep my usb stick in my safe ?!?!
thus having no need for a e-wallet ?!?!
cheers dom No because the Bitcoins are not in your wallet.dat file. Your wallet.dat is a key allowing you to access your Bitcoin account data in the Block stream... |
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arashd
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June 25, 2011, 02:02:21 AM |
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Excellent tutorial, thank you
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percymate
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June 25, 2011, 02:47:41 AM |
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Just use GPG encrypt wallet.dat on wallet's that you are not using.
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Keninishna
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June 25, 2011, 07:23:50 AM |
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I don't trust putting my wallet.dat on a physical medium becuase that can be lost or destroyed. What I did was encrypt my wallet.dat with http://www.aescrypt.com/ which is free and then sent it to myself on gmail.com. |
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swop
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June 25, 2011, 10:47:36 AM |
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Great guide! Can't be too careful 'these days'  |
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anon112
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June 25, 2011, 02:42:33 PM |
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Will definatly take advice from this guide.
Encrypting a pendrive as we speak.
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smoothie
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LEALANA Bitcoin Grim Reaper
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June 25, 2011, 08:44:11 PM |
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What exactly is "grandma style"?
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Trayber
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June 25, 2011, 11:09:37 PM |
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good information thanks
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Onedutch
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June 26, 2011, 08:54:26 AM |
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Perhaps a wallet for every coin?
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aiwk171 (OP)
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June 26, 2011, 10:44:54 AM |
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What exactly is "grandma style"?
something your grandmother would understand, even though she's demented and not very smart. |
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ThiagoCMC
Legendary
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฿itcoin: Currency of Resistance!
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June 26, 2011, 02:05:43 PM
Last edit: June 26, 2011, 02:18:56 PM by ThiagoCMC |
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Fellas! Take a look at this: Wallet in the Cloud - Keeping your Bitcoins encrypted and saved into the Cloud! http://forum.bitcoin.org/index.php?topic=22386.0 What do you guys think about my solution?! It is really easy to do by everybody... And it can be easily changed, or used with a USB pendrive instead a Cloud environment... Cheers! Thiago |
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