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Author Topic: HOWTO: create a 100% secure wallet  (Read 273654 times)
Amph
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March 24, 2015, 11:01:11 AM
 #2541

A secure wallet is a 100% offline wallet IMO:

i'm still thinking that you can get a 100% secure online wallet, you just need a isolated network and a desktop dedicated only to run the client
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Muhammed Zakir
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March 24, 2015, 11:07:32 AM
 #2542

buying a hardware wallet does't mean your coins are safer.

True if you buy cheap hardware wallets because such devices have back doors for example Trezor-clones.

that's right. i was planning to buy a trezor but didn't do so as it is not offline.

You don't need to be completely offline to be secure. If you have the knowledge "how to protect your PC", it is enough. However, being offline is better.

that's why i bought a few thumb drives to store my backups. that's really offline as they are not connected with the net.

So how do you spend from it? Import the private key into an online machine and spend? Sign tx and push it from an online PC? Can you please tell?

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March 24, 2015, 11:16:30 AM
 #2543

aiwk171 your guide looks long and complicated, im too lazy for that Tongue

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March 24, 2015, 11:46:59 AM
 #2544

aiwk171 your guide looks long and complicated, im too lazy for that Tongue

same with me Smiley

I use a very simple blockchain.info & 2FA and it is safe Smiley

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March 24, 2015, 11:52:54 AM
 #2545

electrrum + cold storage

or trezor..

and for sure ...multisigs wallets : electrum & trezor do it...  Cool


https://buytrezor.com?a=228c535b2aba

 thanx for the refferal  Wink
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May 05, 2015, 05:11:18 AM
 #2546

aiwk171 your guide looks long and complicated, im too lazy for that Tongue

Your not the only one  Wink
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May 05, 2015, 08:17:02 AM
 #2547

in my opinion it's not so hard to make my secure wallet saves only on blockhain and add google authenticator

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May 05, 2015, 08:19:59 AM
 #2548

in my opinion it's not so hard to make my secure wallet saves only on blockhain and add google authenticator

Technically that would be considered a hot wallet.  So it's not the most secure with it being online.

Cold storage is always the most secure.  Assuming it's done properly.
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May 06, 2015, 01:46:03 AM
 #2549

At any rate, yes paper wallets are quite secure. There's also Armory, but I'm not as familiar with how that works.

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May 06, 2015, 03:11:25 AM
 #2550

armory will give you paper wallets to print, and has a good walk through to make a cold storage wallet


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BitWatson
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August 16, 2015, 10:48:19 PM
 #2551

Thanks
Za1n
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August 17, 2015, 04:50:00 AM
 #2552

A secure wallet is a 100% offline wallet IMO:

i'm still thinking that you can get a 100% secure online wallet, you just need a isolated network and a desktop dedicated only to run the client

I am thinking the same way and it is the route I am taking. Fresh install of Linux on a dedicated machine, installed BTC Core and let it sycn up block chain. While it was syncing added firewall rules via IP Tables just to allow what is needed for basic functionality of the BTC client. I will only boot and sync when needed, and have passphrase protected the wallet. I will also keep copies of the encrypted wallet.dat file elsewhere for safekeeping.

If I begin to accumulate enough BTC where I think one wallet is too risky, I can always do the same with multiple machines. I already plan to keep a small amount of day-to-day BTC on my main desktop, so the dedicate box is just for longer term storage and will only need to be fired up on occasion. I suppose I could take it a step further and keep it offline like the guide, but I like the idea to just be able to send the BTC to my "spending" wallet when I have the need, or to easily fire it up and create additional receiving addresses when the need arises.
theRattler
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December 19, 2015, 10:04:25 AM
 #2553

nice reed and funny to boot.  Cheesy

I agree many thanks for the good advice

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BruceLee007
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December 19, 2015, 03:37:14 PM
 #2554

its a really great tutorial it was interesting to read i will definitely check it out when i will have some time and create a wallet even though i have a paper wallet lets hope it will be unhackable
TookDk
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December 19, 2015, 03:46:37 PM
 #2555

its a really great tutorial it was interesting to read i will definitely check it out when i will have some time and create a wallet even though i have a paper wallet lets hope it will be unhackable

Paper wallets are excellent. The security however, relay on how you generated the wallet.

My personal favorite-paranoid method is to roll a calibrated casino dice 99 times and covert the 99 digit base6 number into a bitcoin address and make sure none of the information is exposed to a computer that is ever connected to the Internet (Extra paranoid user can you pull the curtains as well while rolling the dice).

Cryptography is one of the few things you can truly trust.
theRattler
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January 26, 2016, 03:51:13 AM
 #2556

You would have to really trust the bitcoin specific live cd's because they could be comprimised already.

Is that something that has happened in the past?

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ahmedsamir
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May 19, 2016, 10:24:27 PM
 #2557

Any update tips  or still the same technic from 2011?
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May 20, 2016, 05:49:21 AM
 #2558

its a really great tutorial it was interesting to read i will definitely check it out when i will have some time and create a wallet even though i have a paper wallet lets hope it will be unhackable

Yeah I agree paper wallet is the one safest method to save your bitcoins, You could try hardware or cold storage as well, Which is very much safe. Normally wallet security seems like one of the more major problems for the general population to use Bitcoins, especially considering the unability to recover stolen Bitcoins. It seems like Credit Card Fraud squared, if Bitcoins were to become really popular.

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May 20, 2016, 05:52:39 AM
 #2559

Just use a wallet website that allows you to enable 2FA security. Your wallet will not be hacked unless the hacker has an access to your phone or to the QR code that you scanned. Printing a paper wallet doesn't assure that you'll not get hacked in the future.

I am using coins.ph now and there's no hassle at all for I am using a 2FA security. They also enabled 2FA using email but now you can only do 2FA using your phone.

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TookDk
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May 20, 2016, 07:19:30 PM
 #2560

Just use a wallet website that allows you to enable 2FA security. Your wallet will not be hacked unless the hacker has an access to your phone or to the QR code that you scanned. Printing a paper wallet doesn't assure that you'll not get hacked in the future.

I am using coins.ph now and there's no hassle at all for I am using a 2FA security. They also enabled 2FA using email but now you can only do 2FA using your phone.

Not trying to be negative here, but this is really not the best advice to give.
Unless you are using a solution like greenaddress that allows you to be in control of the private key then are website wallet solutions almost a sure way to loose your coins.

You only own bitcoins if you and only you are in control of the private key.

In any case, I consider it as the most fundamental skill for a bitcoiner to learn how to secure his own private keys.

Cryptography is one of the few things you can truly trust.
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