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Author Topic: HOWTO: create a 100% secure wallet  (Read 249676 times)
cortas
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April 12, 2013, 01:40:38 AM
 #2261

thanks for tip
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yoohoo
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April 12, 2013, 02:35:12 AM
 #2262

Thanks for that article
818bitcoin
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April 12, 2013, 03:13:15 AM
 #2263

Thanks for this. It seems like a good idea. I'm wondering something though. Currently I just have my wallet on my computer. Lets say someone has access to my computer, can they just copy it to an USB stick, and open it at home to do transactions with it?

I'm still trying to figure out how it works, and I haven't done any transactions yet.

that's what I was also wondering.  I'm trying to debate between storing on my laptop or online
coinly.co
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April 12, 2013, 03:55:19 AM
 #2264

Nice and funny read. Thanks!
F0nt41n3
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April 12, 2013, 04:26:59 AM
 #2265

Great Info!
szpilman1
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April 12, 2013, 05:20:08 AM
 #2266

thanks for the headup , buddy
Spendulus
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April 12, 2013, 05:57:33 AM
 #2267

The suggestions in #1 post are fairly good, may I add a few things.

WHAT YOU SAVE ON THE MEDIA

A) The backup ".DAT" file
B) the executable of the bitcoin client you used
C) The source code of that client
D) A readme.txt with the complete configuration of the computer you used, software and hardware.

WHAT YOU USE AS MEDIA

Two or three differing things.  For example, a CD Rom and a thumbdrive.

Note the various formats of thumbdrives and SD cards.  One of the old 1 or 2 GB cards may be better than the newer, higher density cards.  Using FAT may be better than using more advanced file systems.

Give me these things and ten years later I can bring it all back.  One way or another.
SirWilliam
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April 12, 2013, 06:32:49 AM
 #2268

What about the procedure described on Blockchain:

https://blockchain.info/wallet/paper-tutorial
KraXed112
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April 12, 2013, 06:45:41 AM
 #2269

Thanks for the info, made a few changes to my own to be more secure
rpm
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April 12, 2013, 08:49:07 AM
 #2270

thanks for the tip
Coincrazy
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April 12, 2013, 09:18:15 AM
 #2271

What about the procedure described on Blockchain:

https://blockchain.info/wallet/paper-tutorial

that for that URL

reading that tutorial, it looks like the main idea is to (a) generate a wallet (b) delete the private keys (c) keep / store your private keys and wallet elsewhere and (d) delete private keys from your system ..wallet / addresses are synched back

Is my understanding correct ?



regards
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_______ Have a nice day folks =:) _______
===I'm wondering why I was slaving away 9 to 5 , NOT knowing Bitcoins earlier ; Regards, CC===
Evo
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April 12, 2013, 12:02:00 PM
 #2272

Thanks for the tips! I like the idea of storing my wallet on a portable memory device.
JayBee66
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April 12, 2013, 12:17:25 PM
 #2273

Interesting, I must do this.
btcforall777
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April 12, 2013, 12:38:45 PM
 #2274

now if we could just replace the Gox monopoly
SirWilliam
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April 12, 2013, 01:01:51 PM
 #2275

I think you are correct sir, but I am a newbie obviously so I couldn't say with any certainly. What you describe is the way I understood it.

What about the procedure described on Blockchain:

https://blockchain.info/wallet/paper-tutorial

that for that URL

reading that tutorial, it looks like the main idea is to (a) generate a wallet (b) delete the private keys (c) keep / store your private keys and wallet elsewhere and (d) delete private keys from your system ..wallet / addresses are synched back

Is my understanding correct ?



regards
`
fluffypony
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April 12, 2013, 01:42:09 PM
 #2276

Brain wallets, paper wallets, and deep cold wallets are additional excellent ways of creating a secure wallet for occasional transacting.

kennerd
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April 12, 2013, 03:44:29 PM
 #2277

Brain wallets, paper wallets, and deep cold wallets are additional excellent ways of creating a secure wallet for occasional transacting.

What's a deep cold wallet?

And how about a small TrueCrypt volume, stored on a remote server? Not in www of course, and with a very secure hard-to-crack password.
Izumi Konata
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April 12, 2013, 04:02:27 PM
 #2278

Brain wallets, paper wallets, and deep cold wallets are additional excellent ways of creating a secure wallet for occasional transacting.

What's a deep cold wallet?

And how about a small TrueCrypt volume, stored on a remote server? Not in www of course, and with a very secure hard-to-crack password.

That's what I was thinking, make a TrueCrypt container n keep it somewhere safe, or perhaps put it on a TrueCrypted microSD or USB stick or whatever. A hard to crack password doesn't necessarily need to be hard to remember. While lots of variations in uppercase/lowercase/special characters does increase the security of a password, so does length, which is why TrueCrypt advises a pass of @ least 20 chars.

So you could just take a pass like e.g "Itakemydogforawalkeverymorning!" (basically I mean something easy to remember 4 you, I don't have a dog btw, this was just a random example that popped into my head), it'll be pretty secure. Be aware that TrueCrypt only allows up to 60 chars. for a password, though. If you are on Windows and want an open-source alternative (TrueCrypt has a modified version of GNU) I'd suggest DiskCryptor. Both have their advantages and disadvantages but if you want details about the differences I suggest you use wiki and/or Google.

░▒▓█ *Link Removed* █▓▒░  *Link Removed*   *Link Removed*
kennerd
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April 12, 2013, 05:05:51 PM
 #2279

Ya, the passphrase is a good idea, even better is using just one letter from each word for the password, with some numbers and other characters added like so:
I take my cat for a boat ride 2 times in the morning; and 3 times in the evening

Using the last letter of each word gives a decent password:

Ieytratr2sne;d3sneg

Commit the phrase to memory so it's not stored anywhere, and open the volume on an offline computer. With such a password, I think Truecrypt is safe enough to store a volume in any digital location, public or private as long as there are no hints for the password anywhere besides the offline PC. I could be wrong however.
beebomb
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April 12, 2013, 05:44:33 PM
 #2280

great post!
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