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Author Topic: HOWTO: create a 100% secure wallet  (Read 275351 times)
Coincrazy
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April 08, 2013, 07:50:16 PM
 #2161

If you have the time, patience and skill, please post a how-to for windows users, on how to create a bootable linux distro (any one) bootable from a CD

Bit coins or no Bit coins, this would be helpful

TIA
Regards

CC

Sure, I'll post it in a new thread and link to it here.

Great ! Await your post + link


CC
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waxavub
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April 08, 2013, 08:15:50 PM
 #2162

i ran a live version of win xp to try to make a wallet.
it would not run because it was not connected to the internet
then i used vanitygen to create some addresses. then later when i try to import them into bitcoin qt version 8 it says error -4
MOROZILnic
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April 08, 2013, 08:17:08 PM
 #2163

Thanks, good piece of advice for beginners!
bdamm
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April 08, 2013, 08:47:07 PM
 #2164

Great info, thanks.

So now I can create my paper wallet and *transfer bitcoins to it* for savings.  Spending the coins is difficult, but presumably we're talking about occasional transactions here.
VishwaJay
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April 08, 2013, 08:53:29 PM
 #2165

I'm a bit confused. Please pardon my ignorance.  I've been reading through the beginning of this thread to figure how to secure my wallet.

So by creating an offline wallet (USB, Paper etc.) do I empty my wallet on blockchain?  Or do I keep the wallet on their server?

I created a paper wallet. Does that mean if my online wallet is hacked and the bits are stolen, does my paper wallet replace them and I'm safe?

Another thing I don't understand is "encrypted,"  what does that mean? 

any explanations appreciated.

I'm no expert, but I think this is how it goes:

"Encrypted" means that it's enciphered to a password. It is very difficult (in the range of "impossible", though not truly impossible) to access without that password.

The online wallet is not where the money is stored; it's stored in multiple locations, but associated with your number, anonymously on different machines which are connected. Theft is theft: if someone figures out how to steal it, it's stolen the moment it re-associates with another account (as if it was paid). Is there is a value associated with bitcoins, most countries will consider it a crime.

The paper wallet allows you to re-import the address so that if your computer breaks, you have a means of maintaining your bitcoin address so that the bitcoins are not simply lost. It is a failsafe, not financial security.
VishwaJay
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April 08, 2013, 08:55:17 PM
 #2166

Also there is no such thing as "100% secure" anything in the world... it's just more difficult than most people want to deal with (since a bitcoin wallet with 100'000 BTC looks exactly like a bitcoin wallet with 0.00000001 BTC).
tomwoods
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April 08, 2013, 09:09:04 PM
 #2167

If you have the time, patience and skill, please post a how-to for windows users, on how to create a bootable linux distro (any one) bootable from a CD
Bit coins or no Bit coins, this would be helpful

Ive created the guide to install Mint Linux in a USB drive and Bitcoin-QT as a client in the following post: https://bitcointalk.org/index.php?topic=170756.0
cannonfodder
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April 08, 2013, 09:11:56 PM
 #2168

Haha, great guide.  Grin
Zervun
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April 09, 2013, 02:53:35 AM
 #2169

This was really helpful for a newbie like me Wink
ToasterLint
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April 09, 2013, 05:08:04 AM
 #2170

Some great information and ideas here, thank you!
timb123
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April 09, 2013, 05:33:37 AM
 #2171

thanks for info
colonelmustard
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April 09, 2013, 08:13:10 AM
 #2172

This is hilarious as hell. Great read though, and learned a few things myself.
Thanks for this post.
WackyWilly
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April 09, 2013, 08:33:55 AM
 #2173

Thank you for the info.
I will read through the 111 pages of replies later on  Wink
andr3w321
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April 09, 2013, 10:12:20 AM
 #2174

I'll get right on it.
SeGram
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April 09, 2013, 04:07:27 PM
 #2175

Good info, TY
The 4ner
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April 09, 2013, 04:28:33 PM
 #2176

Will this process work on a Mac OS X 64bit running Lion?
What about using a Virtual OS with VirtualBox? We can download and install the client on there and only be able to access it through the use of Virtual Box. Furthermore we could download and install TrueCrypt on the Virtual OS and encrypt and save the wallet on a usb drive. Or am I wrong.

Has anyone tried something similar to this?
I notice that most tutorials are for Windows or Linux users so I'd like to know if there's anyone that can help me secure my file on a Mac. Any help is appreciated. Thanks.

Virtual Box and a mounted truecrypt volume is not safe enough, because worms are able to collect your wallet when you are using it. Fully separated system provides better security.

Yeah I understand now. I see the big picture. But can Ubuntu be saved on a USB and booted on a Mac? If not, is there any way of doing something similar?

Back Bump!
Twingo
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April 09, 2013, 05:15:31 PM
 #2177

Thanks for the info, very helpful Grin
buysolar
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April 09, 2013, 05:28:58 PM
 #2178

thanks for the info
pumpatch
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April 09, 2013, 05:55:47 PM
 #2179

This thread has been super!!  Can't believe I just created a bootable linus on a usb stick, learned how to backup the wallet.dat on 2 separate USB & encrypted it...all this from reading the 1st 8 pages of this thread.  Thanks for the guide!!
rizq
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April 09, 2013, 06:37:02 PM
 #2180

Hi

Perhaps my question has already been asked, but cant go through 100+ pages.

I have a Mac with Parallels installed on it.

Instead of using a live CD, can i use Ubuntu on my parallels instead.

I can configure in a way that the Virtual machine is isolated from my hard disk.

Thanks.
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