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Author Topic: HOWTO: create a 100% secure wallet  (Read 274024 times)
molecular
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July 21, 2012, 09:14:01 AM
 #861

No wallet is 100% secure except an offline wallet where you do the hashing on an abacus... Its entirely possible (likely) a 0-day exploit will be discovered and you will lose every bitcoin handled by your client...

You don't have to do hashing to maintain a wallet. 0-day exploits only work on connected machines. So when using an offline machine to keep your keys you will not lose any bitcoin to a 0-day exploit. No abacus required, just scissors for the network cable.

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July 21, 2012, 07:46:57 PM
 #862

just encrypt it and put the passphrase in your will lol
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July 22, 2012, 02:12:27 AM
 #863

Great tutorial! Thanks! Grin
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July 22, 2012, 05:00:16 PM
 #864

Good info, thanks!
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July 25, 2012, 10:32:45 PM
 #865

Thanks for the info.  I was just reading about Bitcoinica when I stumbled upon your post.  I will definitely use this information in the near future!
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July 26, 2012, 12:41:21 AM
 #866

Thanks for the writeup.
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July 27, 2012, 06:17:34 PM
 #867

No wallet is 100% secure except an offline wallet where you do the hashing on an abacus... Its entirely possible (likely) a 0-day exploit will be discovered and you will lose every bitcoin handled by your client...


No wallet can ever be completely secure. You can encrypt the hell out of it but the physical media you have it stored on can always become damaged. This is a great how to on making a decently secure savings wallet though. Very good information here. I will admit that I don't have enough bitcoins to even have a savings wallet yet but if I had any substantial amount of coins I would absolutely create a really secure wallet.
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July 27, 2012, 09:53:38 PM
 #868

Brainwallet n00bz
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July 29, 2012, 11:13:30 AM
 #869

Thanks for the wise information. It's helpfull.

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July 29, 2012, 03:32:09 PM
 #870

Hi,

I need some clarification, please.

Suppose someone steals my wallet.  What happens?
Is my file gone?
My file is not gone, but someone just copied it, set it up in his computer and transferred the coins  to one of his addresses?
How to I know that I was stolen?  When I try to send my coins to someone? At the next time I run the bitcoin client?


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July 30, 2012, 05:00:53 AM
 #871

nice job .That was a really interesting read, even with my add
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July 31, 2012, 02:35:56 AM
 #872

interesting reading   Cheesy

http://bitcoin-otc.com/viewratingdetail.php?nick=danieldaniel&sign=ANY&type=RECV
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July 31, 2012, 02:41:14 AM
 #873

Hi,

I need some clarification, please.

Suppose someone steals my wallet.  What happens?
Is my file gone?
My file is not gone, but someone just copied it, set it up in his computer and transferred the coins  to one of his addresses?
How to I know that I was stolen?  When I try to send my coins to someone? At the next time I run the bitcoin client?



If someone steals your wallet.dat file (copied it presumably), the coins would be gone if he set it up in his computer and transferred the coins  to one of his addresses. On the next time you run the client your balance would be updated to show the newest balance. This is because the wallet.dat file holds the keys needed to spend the coins, and whomever gets the keys first can spend the coins first.

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July 31, 2012, 05:24:51 AM
 #874

good advice, thank you
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August 02, 2012, 07:21:16 AM
 #875

thanks for good information
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August 02, 2012, 11:29:07 AM
 #876

Wow, nice thread, thanks a lot bro Cheesy
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August 02, 2012, 02:01:56 PM
 #877

+1

1) Encrypted flash drive with separate os for your master wallet(s).
2) Unencrypted .dat files on cd, sd- or flash for relatives in case of ...

Only thing I would add is "Spread it out!". Don't keep all your BTC's in one file/wallet system.
Yes more annoying, yes more cumbersome, but the risk becomes allot smaller for every new system you add.

4/5 posts yay ....

"drugs, guns, and gambling for anyone and everyone!"
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August 03, 2012, 07:07:16 AM
 #878

Very helpful, thanks
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August 03, 2012, 04:28:48 PM
 #879

I would also recommend backing up to dropbox.
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August 06, 2012, 02:00:24 AM
 #880

Good points there...

Cheesy

Does anybody suggest online wallet instead?

I have read about blockchain wallet

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