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Author Topic: My Idea for Protect Bitcoin Paper Wallets from damages.  (Read 1900 times)
jtipt
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January 21, 2017, 07:11:34 AM
 #21



separate note.. having a paper wallet has its own utility.. putting it on digital media or a PC is no longer paper wallet.. emphasis on the word paper
Yup, the whole point of paper wallet is that it's completely cut of from the digital  media leaving no chance of your private keys being hacked.
And besides why take all the effort to do all this if you want to do this you can encrypt the private key save as a txt file then do the rar file and proceed as you said
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January 21, 2017, 07:13:03 AM
 #22

i mean instead of make the paper beforehand and safe it in digital form then print it when you need, arent it better to only create the paper file and print it when you actually need it?? coz most public PC have internet conection to access BTC wallet

or is it too risky to access wallet on public??? (I never didi it, IDK is it risky or not)

It is risky to access the wallet file in public. It would be the best if you could just print them out straight. Storing it in digital form is too risky.



Hey OP, you are saying, in essence, we should be storing digital wallets which any hackers will be able to access it? Hackers can crack passwords, capture your address when people type it in to unlock their wallet. How about just creating and storing a wallet file instead? You don't need internet to do that either.


Anyway, you just implied that its harder to destroy a piece of laminated paper than to destroy digital storage mediums.

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lulululu
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January 21, 2017, 08:31:29 AM
 #23


Dont connect with Internet. Dont connect with any other PC. Especially public PC. I mean "If you have Printer in your home". I dont trust public PC.
[/quote]

It is risky to access the wallet file in public. It would be the best if you could just print them out straight. Storing it in digital form is too risky.



Hey OP, you are saying, in essence, we should be storing digital wallets which any hackers will be able to access it? Hackers can crack passwords, capture your address when people type it in to unlock their wallet. How about just creating and storing a wallet file instead? You don't need internet to do that either.


Anyway, you just implied that its harder to destroy a piece of laminated paper than to destroy digital storage mediums.
[/quote]

haha ty for the info sir
I never have experience with hacker so almost never tough of it Shocked

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January 21, 2017, 08:34:08 AM
 #24

why not print the paper and laminate it and then store it to a vault lol
if you have bitcoin, spend it or invest to some altcoins for that will help the btc economy. i'm not sure if someone is really trying to make a paper wallet for keeps. but it may serve a purpose like a gift to someone who like bitcoin.

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Wendigo
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January 21, 2017, 08:51:12 AM
 #25

I think the safest Bitcoin paper wallet is not made from paper  Wink Check out this company https://bitkee.com which is selling laser-engraved titanium wallets. If you would like to do this at home you could buy a laser-engraving machine and design and manufacture a metal wallet yourself. I think this is the only off-line wallet that could outlast any hardware wallet because any hardware could fail at any point in time.
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January 21, 2017, 09:15:19 AM
 #26

Is this how Paper Wallets are? I thought Paper Wallets are those actually printed on a paper..

I don't think there is the need of putting this data on a USB - maybe if you want to have a secondary backup too. What we need to do is to find a way to make this paper fireproof.. I made my paper wallets waterproof by laminating them. Now the only scare of mine is fire, because if something happens they'll burn to the point where you won't be able to read any letter from it.
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January 21, 2017, 12:31:57 PM
 #27

Yeah it sort of defeats the point of having a paper wallet, what would be the point of printing it off in the first place, just save the file as you said, but its not a paper wallet at that point  Shocked
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January 21, 2017, 12:38:02 PM
 #28

Paper wallet is not that secured. Even saving it in a flask drive or a hard drive it will still be not safe. Flask drive can be misplaced or lost or be infected with virus. While the hard drive can be damaged and you can no longer recover your files. Paper wallet is not secure the fact that its made out of paper and will be destroyed due to oldness. For me there are no safe way but if you are comfortable with that kind of style then its up to you. To me web wallet is nice since I dont store huge amount of bitcoins in a long time and I am always spending my bitcoins.
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January 21, 2017, 02:09:37 PM
 #29

Very safe if used with BIP 38. Also saved photos, PDFs and more. I think QR code with hard material is also a good way (of course quite difficult)
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January 21, 2017, 02:12:15 PM
 #30

Paper wallet is not that secured. Even saving it in a flask drive or a hard drive it will still be not safe. Flask drive can be misplaced or lost or be infected with virus. While the hard drive can be damaged and you can no longer recover your files. Paper wallet is not secure the fact that its made out of paper and will be destroyed due to oldness. For me there are no safe way but if you are comfortable with that kind of style then its up to you. To me web wallet is nice since I dont store huge amount of bitcoins in a long time and I am always spending my bitcoins.
By my understanding "paper wallet" is just conventional name for your keys stored NOT in digital form but instead in the form of a physical object.
Using term "paper wallet" here might be a little misleading. Keys can be engraved in metal, wood, wax, plastic - you name it.

I see you have doubts about longevity of paper. So that you know good quality paper will survive hundreds of years when kept in safe environment.
According to Wikipedia: "oldest known paper document in the West is the Mozarab Missal of Silos from the 11th century".
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January 21, 2017, 02:14:34 PM
 #31

based on my experience, whatever you end up doing for your cold storage, one important thing to do is to keep multiple backups from it. because any method has some kind of risk of losing.
you can lose it by misplacing the paper!
but keeping 2 copies at least makes it twice safer in my opinion. although you should keep them seperate obviously Cheesy

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January 21, 2017, 02:27:44 PM
 #32

I have a better idea... print the private key on a piece of paper and then fold that piece of paper. Take that piece of paper and place it into a

piece of plastic, then place that bundle into a locket and wear it around your neck..... see everyone can come up with stupid ideas. You use a

paper wallet, because you want it to be inaccessible... preferably away from any digital media. Rather store your laminated paper wallet in a

safe or a safety deposit box.  Wink

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January 21, 2017, 11:37:34 PM
 #33

I have a better idea... print the private key on a piece of paper and then fold that piece of paper. Take that piece of paper and place it into a

piece of plastic, then place that bundle into a locket and wear it around your neck..... see everyone can come up with stupid ideas. You use a

paper wallet, because you want it to be inaccessible... preferably away from any digital media. Rather store your laminated paper wallet in a

safe or a safety deposit box.  Wink

haha using it as necklace ?? everyone who see you will laugh hard that yoou wear paper as necklace  Cheesy
except they know what that paper is
densuj
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January 22, 2017, 07:41:04 AM
 #34

I think for protect bitcoins paper wallet from damage put on chase and lock it
basically protect bitcoins paper wallet is protect bitcoins,
so i think more safe put the bitcoins not on paper wallet only,
because put bitcoin on offline wallets or online wallets still there are risk.
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January 22, 2017, 08:46:56 AM
 #35

I have a better idea... print the private key on a piece of paper and then fold that piece of paper. Take that piece of paper and place it into a

piece of plastic, then place that bundle into a locket and wear it around your neck..... see everyone can come up with stupid ideas. You use a

paper wallet, because you want it to be inaccessible... preferably away from any digital media. Rather store your laminated paper wallet in a

safe or a safety deposit box.  Wink

haha using it as necklace ?? everyone who see you will laugh hard that yoou wear paper as necklace  Cheesy
except they know what that paper is

I don't like the idea of carrying around my cold storage around my neck! but in case you wanted to try it, it doesn't have to be ugly. you can make a nice looking necklace with a locket that inside contains the paper wallet folded and held safely.

or it can be a QR code necklace, you can encrypt the private key or seed and print (etch) it on a necklace and wear it around your neck. like these pics:





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January 23, 2017, 02:26:24 AM
 #36

I do not consider this a bad idea, just save on devices without internet access. The name does not make any more sense but in security matters I do not think there is any loss.
yeah. if the private key is changed into digital, the name of paper wallet does not mean anything then.

but I like the idea that we need the copy of our private keys. that is right, but just try to keep it offline.

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bitloud (OP)
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January 23, 2017, 03:28:56 AM
Last edit: January 23, 2017, 03:41:05 AM by bitloud
 #37

I do not consider this a bad idea, just save on devices without internet access. The name does not make any more sense but in security matters I do not think there is any loss.
yeah. if the private key is changed into digital, the name of paper wallet does not mean anything then.

but I like the idea that we need the copy of our private keys. that is right, but just try to keep it offline.


Yes .. I mean like that. Dont connect with internet.. Keep it always as offline.
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January 23, 2017, 03:39:02 AM
 #38

I have two wallets lazer etched onto a piece of aluminum with the keys,

This way its like a hard copy of my keys safe from fire / snapping / getting wet / digital destruction only way they could be used is if they were stolen.
and even if they were stolen. I doubt anyone would know what they were for just a bunch of numbers and letters etched onto a small square bit on aluminum.

Cost me £12 per wallet at a local place that has the lazer etching machine.

Good solution and dose not rely on paper or vulnerable hardware

 
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January 23, 2017, 08:24:27 AM
 #39

Nice idea.Thank you
for sharing this.
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January 23, 2017, 08:29:58 AM
 #40

I have two wallets lazer etched onto a piece of aluminum with the keys,

This way its like a hard copy of my keys safe from fire / snapping / getting wet / digital destruction only way they could be used is if they were stolen.
and even if they were stolen. I doubt anyone would know what they were for just a bunch of numbers and letters etched onto a small square bit on aluminum.

Cost me £12 per wallet at a local place that has the lazer etching machine.

Good solution and dose not rely on paper or vulnerable hardware

I did something similar but with the difference that I did it myself on a stainless steel plate and I engraved it on it. but I mainly did that for fun not my main cold storage to keep, for that I made an offline wallet with electrum and wrote down the seed phrase on paper.

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