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Author Topic: HOWTO: create a 100% secure wallet  (Read 274046 times)
Nerzahd
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December 28, 2011, 06:43:17 PM
 #561

+1

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Foon
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December 29, 2011, 09:41:28 AM
 #562

A good post from the OP with sound advice.

FWIW, Ubuntu will install nicely to a USB key (treating it just like any other hard disk); you can full-disk-encrypt with one passphrase, encrypt your homedir within that using a second passphrase, then encrypt your wallet file with a third passphrase.  Sure it's more likely you'll forget your passphrase (there's 3 of them!) but you've effectively got 4-factor authentication - 3 separate (nested) passphrases plus the USB key itself, which you could keep in a box at the bank.

One tip though if you're going to go to such paranoid lengths - create a dozen or so wallet addresses and keep a list of them somewhere easily accessible (unencrypted is fine for addresses).  It can be a pain to start up and log into such a secure system every time you want a new address (for changing pool or whatever).
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December 30, 2011, 08:07:26 PM
 #563

Great Read Thanks!

-Teej
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January 01, 2012, 02:09:54 AM
 #564

so might be off topic but pleae enlighten my dumbass..how do i purchase bitcoins?
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January 02, 2012, 07:49:39 PM
 #565

Thank you for this information, it's very interesting because I've heart that there are some people who try to steal your BTC.
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January 05, 2012, 05:15:11 AM
 #566

Good information! Thanks!
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January 05, 2012, 07:11:44 AM
 #567

I'll do my best to keep safe!

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January 05, 2012, 11:24:34 PM
 #568

Thank you for the informations ! Useful.
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January 07, 2012, 09:46:39 PM
 #569

For anyone who is truly concerned about bitcoin security should read this: http://www.thebitcointrader.com/2011/12/bitcoin-06-will-blow-you-away.html

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January 08, 2012, 01:47:52 AM
 #570

Thank you for the post.  Im hope in the future there will be an easier way to do this.
 I dont have any problems following along, but for an average person I can see this would be pretty complex.
user97834
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January 08, 2012, 02:11:38 PM
 #571

Thank you for the post.  Im hope in the future there will be an easier way to do this.
 I dont have any problems following along, but for an average person I can see this would be pretty complex.

Indeed, it's not a problem for me either but for other people it can be pretty complex. Hopefully someone will make a more user-friendly way of securing your wallet that people who are not so tech-minded can do.
sherlockman
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January 09, 2012, 08:18:28 PM
 #572

Great tips ! Thanks.

I must now take care not to lose my paper wallet or my deterministic seed.
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January 12, 2012, 10:47:48 PM
 #573

Great article. Being the lazy twat that I am, I'll probably just keep my coins in an instawallet and hope for the best. For BC's to really take off, things really need to be simplified; for lazy twats like me, and for the lemmings. Thanks aways.
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January 13, 2012, 04:56:27 AM
 #574

Good informative post, especially in the Newbie section where it's needed. Smiley

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January 14, 2012, 07:12:41 PM
 #575

I only use truecrypt.

The problem I see is the password. You could log that anytime.
The only real safe form would be mentioned Booting CD but thats too much hassle.
You can minimize the risk by putting your "main" wallet to a stick encrpted with a different password than your everyday use wallets.
And instead of using that main wallet you got to create more and more.

Dificult for normal people. But I dont see a real solution to the problem. Its a digitized wallet. You learn how to take care of it or dont bother with btcs at all.
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January 15, 2012, 01:28:10 PM
 #576

In Australia credit card losses are limited to $50 so long as you did not contribute to the loss.

That seems like a good rule of thumb for how much to have in your spending wallet at a time. Enough to be useful, not so much that it would hurt to lose.

I'm not begging, just putting this somewhere easy to find 1Pm2Sf4eUxksGaYujCgEpYyZ7ddjPyQ5R4
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January 15, 2012, 05:45:19 PM
 #577

Thanks for this. For my small amount of btc (5-10) I won't bother with all the liveCDs, but it was informative, and I will consider it if I start to use btc more.
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January 19, 2012, 12:24:54 AM
 #578

thanks for all.. good info.. Tongue
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January 19, 2012, 03:08:55 AM
 #579

Solid advice. Thanks for the post, made for a good read.
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January 20, 2012, 09:51:42 AM
 #580

Great post thanks for the information.
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