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Author Topic: HOWTO: create a 100% secure wallet  (Read 276125 times)
deeplink
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July 17, 2012, 06:14:42 PM
 #841

Hey all,

Last week I posted 2 quick questions up a bit on this thread:
https://bitcointalk.org/index.php?topic=17240.msg1028921#msg1028921

I'm wondering if someone could glance at them and give my reasoning a sanity / double check?

John has actually answered both your questions:
https://bitcointalk.org/index.php?topic=17240.msg1029620#msg1029620
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July 17, 2012, 09:49:12 PM
 #842

Thanks for all the info  Smiley
 I will testit
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July 17, 2012, 10:21:29 PM
 #843

thanks a lot, this was really helpful and easy to follow.
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July 18, 2012, 07:03:21 PM
 #844

This sounds like a very long and proccess on how to secure your wallet, if you are very afraid you should indeed follow this guide. I do not really have the Bitcoins very secure, some of them are put in several InstaWallet accounts and someone in the normal Bitcoin client.
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July 19, 2012, 01:29:33 AM
 #845

Ideal method is to just have bitcoind running on a server & store your wallet *~/.bitcoin* folder as an encfs partition.
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July 19, 2012, 08:26:22 AM
 #846

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...


Important: https://bitcointalk.org/index.php?topic=92424.0;all

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July 20, 2012, 04:10:19 AM
 #847

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...



I need to see this is motion.

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July 20, 2012, 07:34:44 AM
 #848

need to have antirus
preventing or securing us from identity theft

my address :18TTx6qBr2LTiyRu6SuLDX1SFwDCQyeJRC
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July 20, 2012, 06:13:21 PM
 #849

I'm on Linux, so I am not worried about virus attacks.  I back up my wallet.dat regularly to several pen drives.

Question:  I am mining so I usually have 4 or 5 transactions awaiting another 100+ block solves before they are confirmed.  Let's say I backup my wallet and something happens / need to restore it.  If I restore the a .dat - that was backed up with 4 partially confirmed transactions, will they be reconfirmed or lost?

Thx


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July 20, 2012, 06:17:06 PM
 #850

I'm on Linux, so I am not worried about virus attacks.  I back up my wallet.dat regularly to several pen drives.

Question:  I am mining so I usually have 4 or 5 transactions awaiting another 100+ block solves before they are confirmed.  Let's say I backup my wallet and something happens / need to restore it.  If I restore the a .dat - that was backed up with 4 partially confirmed transactions, will they be reconfirmed or lost?

Thx



They would be confirmed.

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July 20, 2012, 09:55:04 PM
 #851

Has anybody made a live linux distro version for a wallet to a thumb drive setup ?

I've started a project that builds a modified Ubuntu Privacy Remix distro to create secure offline wallets, and execute offline transactions. Might be of interest to the readers of this thread. More details in the original post:

https://bitcointalk.org/index.php?topic=94321.0

http://lamassubtc.com/
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July 21, 2012, 09:14:01 AM
 #852

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
 #853

just encrypt it and put the passphrase in your will lol
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July 22, 2012, 02:12:27 AM
 #854

Great tutorial! Thanks! Grin
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July 22, 2012, 05:00:16 PM
 #855

Good info, thanks!
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July 25, 2012, 10:32:45 PM
 #856

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
 #857

Thanks for the writeup.
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July 27, 2012, 06:17:34 PM
 #858

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
 #859

Brainwallet n00bz
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July 29, 2012, 11:13:30 AM
 #860

Thanks for the wise information. It's helpfull.

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