HOWTO: create a 100% secure wallet

[fresca]

Thx for step guide.  I wonder how secure the new encryption is on the wallets.

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[S@toshiDoshi]

Really helpful thread! Thanks.

[Factotum]

thanks for this golden tips!

[albus]

thanks for the trick, sorry if someone has already answered (the thread is a bit too long for my eyes) but how would that be better than using armory ? Or maybe the guys from armory got inspired form this idea?

[bitfarmer]

Offline wallets.. The ultimate in security!

[wabashky]

You could make a bootable USB with Sardu, have a Linux Distro liveCD on it,  use a truecrypt file on another USB and only load the wallet.dat from the truecrypt 'disk'.  Take it even further and encrypt your wallet ALONG with the encyrpted 'disk' from Truecrypt and your golden.

That's just my $.02

[Giant redfox]

Offline wallets is a good idea! One friend of mine did so.

[kev7112001]

thanks hope im secure

[wabashky]

You cant just hope, gotta make a choice to be secure.

[krypton85]

thx for the info!

[oliviancool]

Thank you for sharing

[jonabir]

Thanks OP for an interesting and funny read

Good points RE storage which I hadn't considered yet (admittedly I have no BTC of note to warrant such precautions!)

Cheers

[unequal]

thanks for sharing

[superbit]

Thanks

[koalahauff]

Thnx for tut

[ddeseo]

Very helpfull post, specially for us "newbies". Thank you very much.

[constitution]

well there's 2 things you need to think about, do you want to secure your wallet or your whole pc/mac/linux system?

securing your wallet, use the password lock at least (doh), better still stick your wallet on a usb drive (even one of those password protected devices) so there's no wallet on your machine at all until you mount the usb drive. keep backups on a 2nd usb drive as well.

i would never use cloud backups but if you think it's ok, encrypt the wallet, stuff it in an encrypted rar file as well (paranoid? put #1 encrypted rar inside a 2nd rar). and then use more than 1 cloud.

securing your system - truecrypt whole system encryption (windoze only) is the best way to go.
or there's a way of doing it for freebsd systems as well (via geli, google it).
linux i dunno, i only used *bsd.

if you're in the paranoid security department, put your whole encrypted OS on a usb drive so there's no bitcoin software on your main machine. keep a backup of course in case the usb flash runs out of write cycles.


all imho of course

[MusX]

thanks for the information

[v3miner]

This is pretty interesting but alot of hoops to jump through for some people.

I think there are probably some clever ways for service providers to step in and offer some alternatives, but of course there will always have to be some degree of trust there.

[lakzo]

Does anyone have any experience with Yubikeys?  I've been thinking about buying one but i'm not even entirely sure it's worth the money when I could just encrypt the wallet.