HOWTO: create a 100% secure wallet

[xbuzzx108]

Thanks for the tutorial. I don't have a ton of BC yet, but I'm still interested in being as safe as possible.

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[Garr255]

Great tutorial for teh nubs :3

[10below]

How important is it to encrypt your wallet if you will only be using it for small transactions? Putting money in then immediately spending it?

[malaimult]

well it's not so important if you receive small amounts but if you deal with large trades or store your btc for a long time its very important to keep this dates in a secure way.

i recommend that you should try at least this secure methods and after that decide if you want to go with the non secure way

[centralplan]

Great!

[ajstar]

Is this solution secure enough?

Create new virtual PC, put there some linux (Mint/Ubuntu/whatever) a install bitcoin client. Run it only few times a month just to sync with network (or made some payments). Most of the time have this whole virtual PC stored on HDD and/or external memory. I guess the trojans aren't clever enough to mount virtual disk file and steal from wallet saved on that virtual disk, or are they?

[Garr255]

I'dn't be surprised if there were trojans capable of this.

[Monetizer]

Thanks for this tutorial! I will be sure to do this!

[malaimult]

there is no trojan to support external installation on hdd flash etc, but if the trojan has remote control your pc could be used as a port something like teamviewer but with hidden install.

[ichigosr5]

Nice read, very informative.

[ilovethisshit]

thank you!

[JulioGonzo]

this is interesting

[d6d4d59]

thx

[malaimult]

for all the newbies who want to create a more easy way to access btc also for storing them and also to move btc around you can try this solution as follow

1. on your personal pc download Oracle VM virtual box. Follow the steps to install a virtual os on an external HDD or internal HDD.
 internal HDD must be different from your current os location. eg if your current os its installed on C: try to install the virtual OS on D:

2. after the virtual os loads download satoshi btc client, wait for it so syn with the network
-create 20 30 40 incoming btc address
-encrypt your wallet
-backup your wallet

3. after that create a new email address, upload the wallet on your email AND also store it on an external flash drive

4. if you want a more paranoia way to store your btc download Armory btc client, the 32 its currently working only offline and its very good to store your btc but if you operation system has 64 you can download the 64 version and use it instead of satoshi btc client. i recommend using both.

so even if you get a malware on your pc you can format your current OS (c;) and still have the virtual os intact

i also recommend if you access websites etc you should access them ONLY from your current OS not from your virtual os for preventing malware infection.

5. when you need to send someone btc copy the btc address on notepad-save it and after that upload it on a flash drive. go to virtual pc and enable the flash drive option and you will have that notepad on your virtual os.

[Oil]

Many thanks, great tutorial.

I'm new to the forum, also to bitcoin and not very techie either, so I would prefer avoiding the bitcoin client and the necessity of encrypting my wallet myself.

I want to create a secure savings account and after reading this article and several others I have come to this method:

1) Create an Ubuntu LiveCD and boot from that.
2) Register for a My Wallet account and follow these instructions for creating a paper wallet in offline mode: blockchain.info/wallet/paper-tutorial
3) Remove private keys before reconnecting to the internet and saving the new address to My Wallet.

I know positive that a neighbour uses my wifi as I see the computer appear on my shared connections in OSX. Even though I change the password he reappears once I connect my printer to the wifi.

Could somebody please confirm that this method is secure. Do you see any flaws?

Should I stop the wifi and use ethernet cable during the process? Would all issues of malware be taken care of with the LiveCD? What about the printer? I need it to print the paper wallet.

Thanks a lot for helping!

[malaimult]

accessing your sharing wifi internet will not compromise your wallet or your livecd so you can use it with confidence against malware infection. your printer its just secure as your wallet no harm there.
the idea of paper wallet its very secure but if you plan to buy and sell btc daily or even weekly will be a little complicated then using an online btc client or ewallet. give it a go either way 

[PTseller]

hello i just following these steps - > http://startbitcoin.com/how-to-create-a-secure-bitcoin-wallet/

can anyone tell me is it safe ? or i have to try anyother method sorry for my bad english its my native language

i have downloaded these files

ubuntu-12.04-desktop-i386
Universal-USB-Installer-1.8.9.8

any help would be good

[malaimult]

yes the procedure offers you a secure environment for storing btc. but i don't know why you complicate with linux and flash drives if a simple wallet with encryption and an offline btc client will do the job.

there are many secure way on how to store your wallet and btc you just need to find the right one for you.

[ludo0777]

Interesting, if I had a decent amount of bitcoins I would do this

[Kazimir]

but i don't know why you complicate with linux and flash drives if a simple wallet with encryption and an offline btc client will do the job.

there are many secure way on how to store your wallet and btc you just need to find the right one for you.

If your machine gets infected with malware, your bitcoins might still get stolen. Even with encrypted wallets (at some point you'll have to enter the password, and any malware with a keylogger will sniff it).

The chance of getting infected is much, much larger on your everyday Mac or Windows system, than on a separate, dedicated (i.e. for Bitcoin-usage only) Linux system.

The stuff with flash drives is mostly for backup (in case your hdd crashes, your PC gets stolen, your house burns down or whatever). This issue can be resolved in other ways too, e.g. automated backups to remote locations, or even something simple like Dropbox.