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Author Topic: HOWTO: create a 100% secure wallet  (Read 276122 times)
Rayman65
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December 06, 2012, 02:35:46 AM
 #1161

Thanks for this I was a little nervous that my bitcoin wallet was not secure enough but you helped me. Thanks again.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Ikigai
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December 06, 2012, 07:10:05 AM
 #1162

Done
16PENcE
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December 06, 2012, 07:30:48 AM
 #1163

Thanks
quattrobente
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December 06, 2012, 05:53:25 PM
 #1164

nice read specially for us newbies. how do you secure your usb flashdrive? like can i encrypt it before i access my wallet or such? sorry im not really techie.
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December 07, 2012, 04:25:28 AM
 #1165

If you prefer to not encrypt the files to avoid remembering passwords, you won't be secure, unless you make a physical backup of the media holding your money and then put that backup in a vault (at your house or in a bank).

Actually, you could do a weekly trip to the bank and put your wallet.dat on a memory stick in a safety box. Assuming that you have that many BTCs to protect.

NO!! Encryption is not some magic thingamajawb that protects you from all evil.

Let me clarify: A _backup_ is of absolutely NO USE. So your weekly trip doesn't accomplish anything if the very same file has been on your main operating system. This is a dangerous fallacy, hence my analogy with "keys" instead of "wallets".

Again: that would be like making a copy of your safe-key every week and putting that in the vault.

It has to be a new, untainted address, in conjunction with the wallet.dat that you deposit. Actually, this is way more convenient, since you don't have to access your bank vault at all. You just deposit/sent the coins into the right addresses.


It's ashame you can't just swallow the file & shit it out for future use's, it would make life so much easier
wdBTCtrader
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December 07, 2012, 05:07:06 AM
 #1166


It's ashame you can't just swallow the file & shit it out for future use's, it would make life so much easier

I bet someone is working on that idea at this very moment. 
caoxg
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December 07, 2012, 09:37:58 AM
 #1167

thanks for sharing.

I'm running a Chinese crowdfunding website: dreamchina.com.
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December 07, 2012, 03:56:15 PM
 #1168


It's ashame you can't just swallow the file & shit it out for future use's, it would make life so much easier

I bet someone is working on that idea at this very moment. 

Embed it under your skin, Jason Bourne style.

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Bitmanic
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December 08, 2012, 03:52:44 AM
 #1169

interesting read, thankyou
cheapsmack
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December 08, 2012, 03:39:15 PM
 #1170

so what is the best wallet?
wdBTCtrader
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December 08, 2012, 08:33:05 PM
Last edit: December 08, 2012, 10:30:01 PM by wdBTCtrader
 #1171

so what is the best wallet?



in regards to..? I'm assuming security since the title of the post.  

You need a PC that has not been connected to the internet

1. Create your key pair (edit- using a strong password)
2. print out the private key.
3. place the private key in a safe that you and only you have access.
4. destroy the electronic copy of the private key


you will receive BTC with the public key.  you will only need the private key when you send the BTC.  not very convenient, but very secure.
Chief Satangkai
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December 10, 2012, 08:51:44 PM
 #1172

Some great information in this thread!
soldier24
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December 11, 2012, 04:36:23 PM
 #1173

Thanks for the tips!
Very nice!  Wink
jcortez1594
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December 12, 2012, 12:42:50 AM
 #1174

Thanks Smiley had one of my wallet's info stolen recently...thankfully it had nearly nothing on it! This should help prevent anything else.
Mytche
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December 12, 2012, 12:47:23 AM
 #1175

thanks
Beeenz
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December 12, 2012, 01:06:57 AM
 #1176

so what is the best wallet?


I have been using electrum so far, and can highly recommend it. Don't have to spend 5 days downloading the blockchain at least! I have also used blockchain.info, which was good but doesn't seem as secure seeing as someone else is holding onto the coins.
greyscale
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December 12, 2012, 02:13:59 AM
 #1177

Thanks for some very useful advice. I now have a secure wallet. Now all i need is some bitcoins to put in it!
confetti
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December 12, 2012, 05:32:52 PM
 #1178

thanks
Silverbug
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December 12, 2012, 05:52:16 PM
 #1179

Thanks for the tips!
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December 13, 2012, 06:56:46 AM
 #1180

Thanks for the guide, i will for sure use this.

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