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Author Topic: Using Ubuntu One to backup wallet.  (Read 1021 times)
caish5
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June 27, 2011, 03:17:01 PM
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I have my .bitcoin folder set to sync with Ubuntu One.
Is this a vialbe backup method?
Is this a safe thing to do?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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bitdragon
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June 27, 2011, 03:22:28 PM
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My humble opinion is that you need to encrypt your wallet before putting out in the wild-
I made a truecrypt container that I popped into ubuntuone but I feel I am better off only backing up on USB sticks around my town rather on the net-

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June 27, 2011, 03:32:07 PM
 #3

I have my .bitcoin folder set to sync with Ubuntu One.
Is this a vialbe backup method?
Is this a safe thing to do?

NO!

First of all - create separate user for bitcoin with encrypted home folder. When you need to run client - switch to this separate user account, do transaction and then log out from this user account. This way you may be sure that no files left unencrypted (remember, if someone will get root or physical access all unencrypted files are accessible).

Second - in order to backup to ubuntu one - do so with first encrypting wallet.dat with your own pgp key. Make sure you can encrypt and decrypt it first of course. Use very strong and long password for your private key.

If you hold large amounts - consider creating "savings wallet". I.e. separate wallet.dat which is encrypted and contained in something. For example you can cerate virtual machine with ubuntu and put your "savings" wallet there. Then shutdown machine, encrypt it with pgp and put on ubuntu one.

ps: be paranoid.

thinkweis
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June 27, 2011, 05:00:27 PM
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Make a separate wallet as a saving account in Ubuntu and send your bitcoins there. By sending a copy to a secure location, you still leave a copy that is vulnerable.

Here is a tutorial on how to make a secure wallet.

http://startbitcoin.com/how-to-create-a-secure-bitcoin-wallet/
caish5
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June 28, 2011, 02:01:08 AM
 #5

Thanks for the input guys.
Looks like I need a plan B.

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June 28, 2011, 02:09:07 AM
 #6

I have my .bitcoin folder set to sync with Ubuntu One.
Is this a vialbe backup method?
Is this a safe thing to do?

Check this out:

   This solution depends the following softwares:

 1- Ubuntu Natty Linux distribution

 2- Ubuntu One client (Storage in the Cloud, default in Ubuntu Natty)

 3- EncFS (an encrypted filesystem in user-space)

 Wallet in the Cloud - Keeping your Bitcoins encrypted and saved into the Cloud!
 http://forum.bitcoin.org/index.php?topic=22386.0

 What do you guys think about my solution?!

 It is really easy to do by everybody...

Cheers!
Thiago
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