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Author Topic: Security of paper/software wallet and threats  (Read 107 times)
darecky (OP)
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December 24, 2017, 11:06:44 PM
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I want to store my IOTA/LSK/XMR/ADA on paper wallets or some perhaps on software wallet.

Can you tell me what are the threats of paper wallets, what concerns me are: viruses that can steal your private key/take a screenshot of your QR code.
Regarding hardware wallets your wallet.dat can be compromised, so it's best to encrypt your computer. And you need to backup your seed, isn't it?
I have Ledger Nano S but coins that I mentioned aren't supported yet.

General tips about security of storing your money on paper wallet.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Paradoxall
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December 24, 2017, 11:47:45 PM
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Paper wallet with clean computer is unbreakable. Just buy a device and use it for nothing else except trades and wallets.
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