Bitcoin Forum
December 12, 2017, 08:50:35 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Bitkey  (Read 867 times)
User365
Sr. Member
****
Offline Offline

Activity: 322


physics, mathematics and engineering


View Profile
July 07, 2017, 12:47:44 PM
 #1

First, I am aware of paper wallets and I don´t want to use one for this purpose.

I will have to manage some bitcoins wich don´t belong to me in near future and so I need something with maximum security.

I have looked in a few solutions but https://bitkey.io/ seems most promising.

Has anyone experinece with bitkey or can recommend something else ?

[could be your ad]
1513111835
Hero Member
*
Offline Offline

Posts: 1513111835

View Profile Personal Message (Offline)

Ignore
1513111835
Reply with quote  #2

1513111835
Report to moderator
1513111835
Hero Member
*
Offline Offline

Posts: 1513111835

View Profile Personal Message (Offline)

Ignore
1513111835
Reply with quote  #2

1513111835
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513111835
Hero Member
*
Offline Offline

Posts: 1513111835

View Profile Personal Message (Offline)

Ignore
1513111835
Reply with quote  #2

1513111835
Report to moderator
1513111835
Hero Member
*
Offline Offline

Posts: 1513111835

View Profile Personal Message (Offline)

Ignore
1513111835
Reply with quote  #2

1513111835
Report to moderator
ranochigo
Legendary
*
Offline Offline

Activity: 1288


View Profile WWW
July 07, 2017, 12:56:45 PM
 #2

First, I am aware of paper wallets and I don´t want to use one for this purpose.

I will have to manage some bitcoins wich don´t belong to me in near future and so I need something with maximum security.
As long as you have the ability to spend it with the correct procedure, it is about as safe as a hardware wallet.

I have looked in a few solutions but https://bitkey.io/ seems most promising.

Has anyone experinece with bitkey or can recommend something else ?
Never have I seen bitkey before, nor can I recommend them as your first option. I would recommend either Trezor or Ledger. They are quite well known and their source code has been vetted quite well, do consider installing the OS that the wallet is running on yourself.

If you want something which can provide similar security for a lot less money, I would recommend getting a Raspberry Pi and installing either Armory[1] or Electrum[2] on the Raspberry Pi. The steps are in the link. For Electrum, I would recommend using Tails OS instead of running it on Raspbian. Tails has it preinstalled.

[1] https://www.bitcoinarmory.com/tutorials/armory-advanced-features/offline-wallets/
[2] http://docs.electrum.org/en/latest/coldstorage.html














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
OmegaStarScream
Staff
Legendary
*
Offline Offline

Activity: 1134



View Profile
July 07, 2017, 01:02:44 PM
 #3

This service is a little bit old (exists for years now) but has not been tested much by people so I personally wouldn't recommend it. It's better to go with something like Tails as suggested above since It's known (It comes with Electrum too) instead otherwise something like Ubuntu will do the job just fine.

User365
Sr. Member
****
Offline Offline

Activity: 322


physics, mathematics and engineering


View Profile
July 07, 2017, 01:24:09 PM
 #4

If you want something which can provide similar security for a lot less money, I would recommend getting a Raspberry Pi and installing either Armory[1] or Electrum[2] on the Raspberry Pi. The steps are in the link. For Electrum, I would recommend using Tails OS instead of running it on Raspbian. Tails has it preinstalled.

[1] https://www.bitcoinarmory.com/tutorials/armory-advanced-features/offline-wallets/
[2] http://docs.electrum.org/en/latest/coldstorage.html
I don´t like the idea of a raspberry because, I need an extra monitor, and it is to big, and I want to be able to run it from every pc (live boot)

How about installing TailsOS on a USB drive and running the OS via persistance mode? Is this possible with tails? (I really like the idea of an more or less air gapped system, without buying a hardware wallet)

I quickly read throught their docs and found that it is possible to create a partial persistent area for documents, and so on. Can I make the electrum wallet install persistent ?

Edit: Just found it yes it is possible to make the wallet persistent. Would you recommend me this solution?

[could be your ad]
Coin-Keeper
Hero Member
*****
Offline Offline

Activity: 504



View Profile
July 08, 2017, 08:27:39 PM
 #5

Wouldn't a somewhat cheap hardware wallet address your needs?

BTC: 1PYSBbuKM3kW19xe9TXJQfq64rPhd8XorF
Staked and Verified: https://bitcointalk.org/index.php?topic=996318.msg17102755#msg17102755
User365
Sr. Member
****
Offline Offline

Activity: 322


physics, mathematics and engineering


View Profile
July 08, 2017, 10:09:47 PM
 #6

Wouldn't a somewhat cheap hardware wallet address your needs?

It would but it does cost money, while tailOS as a life boot is a air gapped system and totally free, totally encryptred and with many additional features.

[could be your ad]
Lionidas
Hero Member
*****
Offline Offline

Activity: 756


View Profile WWW
July 08, 2017, 10:50:59 PM
 #7

Wouldn't a somewhat cheap hardware wallet address your needs?
I was think of the same thing like a usb key with the wallet installed on it or to some extend the pi-wallet?
Those are modifiable and so you know it is just as secure as any paperwallet would be.
Haven't heard of bitkey yet but will be looking into it to see if it fits my needs in the future.

ranochigo
Legendary
*
Offline Offline

Activity: 1288


View Profile WWW
July 09, 2017, 02:57:38 AM
 #8

If you want something which can provide similar security for a lot less money, I would recommend getting a Raspberry Pi and installing either Armory[1] or Electrum[2] on the Raspberry Pi. The steps are in the link. For Electrum, I would recommend using Tails OS instead of running it on Raspbian. Tails has it preinstalled.

[1] https://www.bitcoinarmory.com/tutorials/armory-advanced-features/offline-wallets/
[2] http://docs.electrum.org/en/latest/coldstorage.html
I don´t like the idea of a raspberry because, I need an extra monitor, and it is to big, and I want to be able to run it from every pc (live boot)
Any screen that supports HDMI will do. Even your TV.
Edit: Just found it yes it is possible to make the wallet persistent. Would you recommend me this solution?
If you want the best and most cost efficient way, go for it. However, USBs aren't that good of a storage medium in the long term. You have to keep the backups of the seeds save, thought thats probably the case for any wallet.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
User365
Sr. Member
****
Offline Offline

Activity: 322


physics, mathematics and engineering


View Profile
July 09, 2017, 02:55:00 PM
 #9

Edit: Just found it yes it is possible to make the wallet persistent. Would you recommend me this solution?
If you want the best and most cost efficient way, go for it. However, USBs aren't that good of a storage medium in the long term. You have to keep the backups of the seeds save, thought thats probably the case for any wallet.

Thats more or less obvious  Cheesy

I think I will go for the USB-tails solution. Thx for all advice  Smiley

[could be your ad]
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!