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Author Topic: Paper wallet comfortable to use  (Read 464 times)
dicedicedice
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September 30, 2017, 09:20:27 PM
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There is a number of paper wallets, for example the most well known is a BitAddress.org.
But this one looks old and outdated, it doesn't generate SegWit addresses, have nothing to do with HD wallets and at least have scary UI on old manner.
It is strange that it is the one of the most popular paper wallets ever exist.

For thingie supposed to generate some bytes of entropy and convert it into few different representations it is ridiculous, especially after playing around with and using MyEtherWallet for Ethereum.

Do we need new, beautiful, easy to explain to grandma, open source, offline Bitcoin wallet generator based on bulletproof JS libraries and tools?
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September 30, 2017, 11:49:08 PM
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I don't know if there is other printable bitcoin paper wallet than the bitaddress but since segwit was activated but i don't see any wallet that can use segwit to use and get for discounts.
As of now bitaddress would be still a good choice but if ever you still wanted i think you can use the mycelium when backuping private keys you can use the screenshot instead when backuping your private keys and print the screenshot from mycelium.. 

"If money was being invented now, it wouldn't be designed to look like cash or credit cards. It would look more like Bitcoin."
gotya1
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October 01, 2017, 01:02:31 AM
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Have you tried walletgenerator.net? It won't generate segwit wallets, but it does have a different look.
TryNinja
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October 01, 2017, 02:50:02 AM
 #4

A paper wallet generator just needs to work and be safe. People tend to use BitAddress because is the most known and reliable paper wallet that is around for over 2 years.

If you want to generate a Segwit address ofline, you can use this website[1] which is also open source;

[1] https://coinables.github.io/segwit/

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October 01, 2017, 03:05:25 AM
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There is a number of paper wallets, for example the most well known is a BitAddress.org.
But this one looks old and outdated, it doesn't generate SegWit addresses, have nothing to do with HD wallets and at least have scary UI on old manner.
It is strange that it is the one of the most popular paper wallets ever exist.
Paper wallets are NOT supposed to be reused whatsoever, due to the fact that the paper wallets becomes insecure after a single use. Paper wallets are mostly meant to be used for cold storage only. If you are generating it for the purpose of distributing it, they are not supposed to use it as their own address; they should transfer the funds out immediately.

Its rather idiot proof to use bitaddress IMO.
For thingie supposed to generate some bytes of entropy and convert it into few different representations it is ridiculous, especially after playing around with and using MyEtherWallet for Ethereum.
Though your browser's randomness is usually enough, it is safer to randomise it further. You can't fully trust everything.
Do we need new, beautiful, easy to explain to grandma, open source, offline Bitcoin wallet generator based on bulletproof JS libraries and tools?
No. If it ain't broken don't fix it. Paper wallets are meant for cold storage, not for them to be glittery and intrigue burglars. If used offline, it is extremely secure.

cpfreeplz
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October 01, 2017, 03:13:10 AM
 #6

How would a paper wallet be HD and why would you ever want that? Sweep the wallet. Don't leave any change. That's not secure and not how bitcoin transactions should be going down. I use bit address all the time but yes a segwit address would be great. I'll be looking into the link posted. Looks promising.
dicedicedice
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October 01, 2017, 05:55:42 PM
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Thanks for sharing https://coinables.github.io/segwit/
This is what I was asking about Grin
dicedicedice
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October 01, 2017, 06:09:24 PM
 #8

About HD Wallets I meant a case, when one generates a mnemonic seed and stores it as a key on a sheet of paper.
The public address being shown is 44'/0'/0'/0/0 path address according to BIP.

The purpose of this: after sending funds from 0th address you don't need to regenerate your paper wallet - mnemonic seed stays the same, but next address will be deterministically known.

Furthermore, only an entropy generated after mnemonic seed could be stored. And as for MyEtherWallet, this seed could be AES encrypted, so the QR-code could be easily shown to someone who don't know your password, if you want an additional level of freedom.

Whole this question appeared from the need of hodling good enough bunch of Bitcoins, Ethers, Moneros and LTCs. I need one sheet of paper for all of them, one interface to use them once, an ability to put keys not only onto the paper, but ask someone who I don't trust, to put them onto metal plates or whatever, because I'm paranoic.
TryNinja
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October 01, 2017, 07:06:26 PM
 #9

About HD Wallets I meant a case, when one generates a mnemonic seed and stores it as a key on a sheet of paper.
The public address being shown is 44'/0'/0'/0/0 path address according to BIP.

The purpose of this: after sending funds from 0th address you don't need to regenerate your paper wallet - mnemonic seed stays the same, but next address will be deterministically known.

Furthermore, only an entropy generated after mnemonic seed could be stored. And as for MyEtherWallet, this seed could be AES encrypted, so the QR-code could be easily shown to someone who don't know your password, if you want an additional level of freedom.
In this case you can just generate a normal HD wallet and print/write down your seed. It will have the same security as an offline paper wallet but with multiple addresses instead of just one. You can use encrypt your seed with a password - search about BIP38;

Whole this question appeared from the need of hodling good enough bunch of Bitcoins, Ethers, Moneros and LTCs. I need one sheet of paper for all of them, one interface to use them once, an ability to put keys not only onto the paper, but ask someone who I don't trust, to put them onto metal plates or whatever, because I'm paranoic.
That's an option where no third party will need to know your seed: https://cryptosteel.com/

dicedicedice
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October 01, 2017, 08:46:51 PM
 #10

Such insightful! Thanks TryNinja!!
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