HOWTO: create a 100% secure wallet

[edward222]

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

Your not the only one 

[safari88]

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

[notlist3d]

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.

[centauribit]

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

[foxbitcoin]

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

[BitWatson]

Thanks

[Za1n]

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]

nice reed and funny to boot. 

I agree many thanks for the good advice

[BruceLee007]

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]

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).

[theRattler]

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?

[ahmedsamir]

Any update tips  or still the same technic from 2011?

[xIIImaL]

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.

[Fatanut]

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.

[TookDk]

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.

[dinda22]

I've been using blockchain.info for 3 years , simple to make safe only add google authenticator (2FA). until now I am still safe

[cyberninja2]

just use phaseprase or 2fa in online wallet

[Dabs]

I am using coins.ph now ...

That can be hacked. The 2FA can be compromised. The hacker does not need access to your phone. They just need to get to coins.ph. If they go down, for any reason, your wallet is gone.

Paper wallet, properly secured, is better than any website or webwallet. I think blockchain.info does not know your private keys, so that may be safe, but it's still a web wallet.

just use phaseprase or 2fa in online wallet

You're still dependent on the online wallet not going down, much the same way lots of people were with Mt. Gox and other online wallets.

[dhifa]

nice job.thanks.

[piterzujh]

like use r 2fa in online wallet such as blockchain.