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Author Topic: Question About Blockchain.Info Paper Wallet  (Read 1546 times)
btcd
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July 26, 2013, 12:46:40 AM
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I use a blockchain.info online wallet to store my bitcoin. My understanding that if blockchain.info servers were ever to experience problems, I would be able to transfer my wallet to the Multibit client using the backup that is sent to me the last time I made a change to my wallet.

However, what if both blockchain.info and multibit servers are not functioning at once?
Blockchain.info appears to provide me with the ability to create a paper wallet version of my blockchain.info wallet.

If I have a paper wallet copy of my blockchain.info wallet -- and both multibit and blockchain.info servers were down -- would I have everything I need to transfer my bitcoins to the Bitcoin QT Wallet?
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stevenh512
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July 26, 2013, 09:55:29 AM
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If I'm not mistaken (I've never used that feature), a blockchain.info paper wallet is essentially the same thing as a bitaddress.org paper wallet, a private key printed out on paper. In that case, you can import that private key into any Bitcoin client (Multibit, bitcoin-qt, Electrum, probably most of the Android wallets that support scanning a QR code) and spend the funds with that client.

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btcd
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July 26, 2013, 03:11:47 PM
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Thanks.
Abdussamad
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July 29, 2013, 06:58:49 PM
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The answer to your question is yes. I recommend reading this article I wrote. It explains some of the basic things behind bitcoin. Might save you from loss in future:

http://bitcoinspakistan.com/blog/private-key-public-key-bitcoin-address-and-the-blockchain/

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