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Author Topic: HOWTO: create a 100% secure wallet  (Read 276211 times)
PeregrineT
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April 11, 2013, 05:02:31 PM
 #2201

Thanks for the info!
bitrainbow
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April 11, 2013, 06:23:57 PM
 #2202

This is somewhat related to a secure wallet-- Is it safer to keep your bitcoins at mtgox or to put them into your wallet? What i want to know, is should I get my bitcoins out and into a wallet right away?
SalehCoder
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April 11, 2013, 06:29:29 PM
 #2203

Thanks you
KarmaShark
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April 11, 2013, 06:52:12 PM
 #2204

Very good information, will help ease newcomers into the fold.



Thank you
arctos
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April 11, 2013, 07:32:21 PM
 #2205

there is good information on this thread
Highhero
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April 11, 2013, 08:33:40 PM
 #2206

Thank you for info!
N0
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April 11, 2013, 09:21:56 PM
 #2207

This is somewhat related to a secure wallet-- Is it safer to keep your bitcoins at mtgox or to put them into your wallet? What i want to know, is should I get my bitcoins out and into a wallet right away?

In theory its safer to save your coins in your own wallet, and paper wallet is considered the most secure way of doing so.
so if your not planning on trading your coins too often its better to take them out of gox.

Yet I wouldn't rush to get all my coins out of gox If i still want to trade. Gox have been hacked once and I think they will do their best to prevent a second incident.
also they compensated all the victims of the first attack for the amount that was stolen so if your account does get hacked and its not your fault (its not somebody who guessed your password because
you chose a week one or hacked your pc and got your gox credentials) and you can prove it (which probably mean it will happen to many accounts and not just one) you might get compensation from mt gox.
which is some thing you will never get if someone manage to takes coins from your private address.
I don't want to be to clear about a compensation from gox since I have no connection to gox and I can't talk on their behalf, but in the end they have an interest of keeping their clients trust even if someone will hack theme.
tweeeaks
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April 11, 2013, 09:47:57 PM
 #2208

cool, love the live cd concept
photon2
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April 11, 2013, 10:31:25 PM
 #2209

Thanks for the info.
May use it down the road.
Bigbluffzinc
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April 11, 2013, 11:23:12 PM
 #2210

Thanks very informative  Smiley
m123132
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April 11, 2013, 11:48:12 PM
 #2211

Amazing write up, thanks for all the information.
cheapinkc
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April 12, 2013, 12:32:48 AM
 #2212

Thanks for the info
eglyants
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April 12, 2013, 01:20:37 AM
 #2213

Great post, and the idea of multiple wallets is the best practical advise to a technology oriented concept.  Thank you and creating now... i owe you.
cortas
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April 12, 2013, 01:40:38 AM
 #2214

thanks for tip
yoohoo
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April 12, 2013, 02:35:12 AM
 #2215

Thanks for that article
818bitcoin
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April 12, 2013, 03:13:15 AM
 #2216

Thanks for this. It seems like a good idea. I'm wondering something though. Currently I just have my wallet on my computer. Lets say someone has access to my computer, can they just copy it to an USB stick, and open it at home to do transactions with it?

I'm still trying to figure out how it works, and I haven't done any transactions yet.

that's what I was also wondering.  I'm trying to debate between storing on my laptop or online
coinly.co
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April 12, 2013, 03:55:19 AM
 #2217

Nice and funny read. Thanks!
F0nt41n3
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April 12, 2013, 04:26:59 AM
 #2218

Great Info!
szpilman1
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April 12, 2013, 05:20:08 AM
 #2219

thanks for the headup , buddy
Spendulus
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April 12, 2013, 05:57:33 AM
 #2220

The suggestions in #1 post are fairly good, may I add a few things.

WHAT YOU SAVE ON THE MEDIA

A) The backup ".DAT" file
B) the executable of the bitcoin client you used
C) The source code of that client
D) A readme.txt with the complete configuration of the computer you used, software and hardware.

WHAT YOU USE AS MEDIA

Two or three differing things.  For example, a CD Rom and a thumbdrive.

Note the various formats of thumbdrives and SD cards.  One of the old 1 or 2 GB cards may be better than the newer, higher density cards.  Using FAT may be better than using more advanced file systems.

Give me these things and ten years later I can bring it all back.  One way or another.
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