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Author Topic: Is there any guide on how to make bitcoin offline wallet?  (Read 182 times)
~Bitcoin~ (OP)
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October 07, 2017, 02:41:56 PM
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I know that there are many hardware wallet available right now also we can make paper wallet but what I am searching is a guide which have step by step process to make bitcoin transaction using paper wallet details and without exposing my private keys online.

Suppose I have paper wallet printed from offline computer and printed it out from offline printer.

Now I want to transfer half of bitcoin from it, I know I can import that paper wallet in other wallets like blockchain.info or sweep private keys in electrum but I don't want to expose my private keys anywhere online.

So I want a guide where it will have step by step instructions on how to send half bitcoin from that paper wallet without exposing my private key...

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October 07, 2017, 02:59:49 PM
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I bet you can import/sweep your private keys offline but since you said you didn't want to expose your private keys online while sending bitcoins needs an internet, So apparently you want to send bitcoin offline?
This thing makes your private keys secured but meantime you can't-do that since a wallet needs internet to send. But I dunno if there are existing ways to do that, coz that's all I know.
 
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October 07, 2017, 03:04:21 PM
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This thing makes your private keys secured but meantime you can't-do that since a wallet needs internet to send. But I dunno if there are existing ways to do that, coz that's all I know.
 
No I am talking about signing transaction with my private key offline and broadcasting them through online computer or wallet. I have heard somewhere this can be done via electrum or bitkey. Couldn't find any reliable guide till now to do it in right way...

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October 07, 2017, 03:47:10 PM
Last edit: October 07, 2017, 03:59:59 PM by bL4nkcode
 #4

This thing makes your private keys secured but meantime you can't-do that since a wallet needs internet to send. But I dunno if there are existing ways to do that, coz that's all I know.
 
No I am talking about signing transaction with my private key offline and broadcasting them through online computer or wallet. I have heard somewhere this can be done via electrum or bitkey. Couldn't find any reliable guide till now to do it in right way...

Ah okay, I'm not that technical about bitcoin things but I read the whole tutorials about sending offline with armory you can read this this tutorial and it might help https://www.bitcoinarmory.com/tutorials/armory-advanced-features/offline-wallets/

Needs a computer which is online where you can make the .unsigned.tx and send the btc and
An offline computer where you save your private keys and make the .unsigned.tx to signed.tx and of course a flash drive which is used to transfer the file the .unsigned.tx and signed.tx

EDIT: I found this video tutorial using electrum it's very helpful
https://www.youtube.com/watch?v=DQumISxkJsQ
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October 07, 2017, 04:05:36 PM
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This thing makes your private keys secured but meantime you can't-do that since a wallet needs internet to send. But I dunno if there are existing ways to do that, coz that's all I know.
 
No I am talking about signing transaction with my private key offline and broadcasting them through online computer or wallet. I have heard somewhere this can be done via electrum or bitkey. Couldn't find any reliable guide till now to do it in right way...
Do you want to do that with two PCs? It's pretty simple. That's how I do:

1. Go to your offline PC and create a wallet with Electrum. Write down your seed, and go to Wallet -> Master Public Keys -> Copy your master public key and save it on a pendrive.
2. Go to your online PC, create a wallet with Electrum but select "Use public or private keys" -> Put there your xpub -> This is your watch-only wallet that will build the transactions, while the offline will sign them.

When you want to spend:

1. Open your watch-only wallet -> go to "Send" as usual and make your transaction -> Click preview -> Click "Save" and save your transaction in a pendrive.
2. Go to the offline PC -> Open your offline wallet -> Go to Tools -> Load transaction -> From a file -> Select the txt file with the transaction you saved in the pendrive.
3. Click "Sign" and save the signed transaction in the same pen drive.
4. Now go to your online PC wallet again -> Tools -> Load transaction -> From a file -> Select the signed transaction -> "Broadcast";

Congrats! Your transaction has been sent  Wink

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.HUGE.
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