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Author Topic: Bullet-proofing Blockchain Wallet - any tips  (Read 437 times)
sabd
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June 03, 2013, 02:59:20 AM
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I've read about nightmare stories, esp. one about the guy losing 160BTC in his blockchain wallets. Any pointers on how to go about creating a wallet in the securest possible way?
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June 03, 2013, 03:05:07 AM
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I've read about nightmare stories, esp. one about the guy losing 160BTC in his blockchain wallets. Any pointers on how to go about creating a wallet in the securest possible way?

https://bitcointalk.org/index.php?topic=17240.2460
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June 03, 2013, 05:50:23 AM
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Use Armory to make an offline wallet.

Make paper wallets.

DO NOT use an online wallet.

FYI, blockchain wallets do not generate addresses deterministically.
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June 03, 2013, 12:32:38 PM
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Create a paper wallet: https://blockchain.info/wallet/paper-wallet-tutorial-web

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June 03, 2013, 12:38:40 PM
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To make things bullet proof I recommend aramid fibers.  Smiley
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June 03, 2013, 12:39:41 PM
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FYI, blockchain wallets do not generate addresses deterministically.

What do you mean by this?
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June 03, 2013, 12:45:28 PM
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I've read about nightmare stories, esp. one about the guy losing 160BTC in his blockchain wallets. Any pointers on how to go about creating a wallet in the securest possible way?

I guess it was a nightmare because of the amount of $$$/btc involved...for a few bitcoins, it'd be more like a bad dream...I don't know if it's really that bad to use an online wallet if you're world isn't going to end if you lose a few hun $$$...
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June 04, 2013, 05:39:39 AM
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Any pointers on how to go about creating a wallet in the securest possible way?

To make a blockchain.info wallet as secure as possible:

Use two factor authentication.
Use a complex password.
Keep an encrypted backup copy of your wallet somewhere secure (USB in a safe?)
Use the browser extension.
Don't access your wallet from a publicly shared computer.
Don't install any pirated software on your computer.
Be extremely selective about what software you do install/run on your computer.
Don't access any other websites while accessing blockchain.info

If you are looking for something "bullet-proof", then you need to consider either Armory or paper wallets.

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