What is Paper Wallet?

[GorillaHide]

Method of storing bitcoins offline on a piece of paper that holds
hai the private key và địa chỉ địa chỉ.
A type of cold wallet, used to store offline bitcoins printed on paper. The printed information consists of two parts. One is the public address of the wallet, which is used to let other people see and receive the bitcoin. The rest of you are the secret key used to consume bitcoin.

The strength of a paper purse is that your secret key is not stored anywhere on the internet, absolutely safe from the internet. But if you make the bile or wallet fall into the hands of others, you will permanently lose the bitcoins that are stored in your wallet.

[mensha]

However Paper Wallets are barely used by the crypto holders because following reasons.
1. It is a slower method
2. Lack of physical security controls over paper wallet
3. Effect from natural disasters
4. More complexity of using it

[Bryan_12]

Basically, a Paper Wallet is an impression with the address of Bitcoin and the QR. That is, it contains the basic information to send and receive Bitcoins.

[romeo111]

In the most specific sense, a paper wallet is a document containing all of the data necessary to generate any number of Bitcoin private keys, forming a wallet of keys.
Source Google

[bitart]

However Paper Wallets are barely used by the crypto holders because following reasons.
1. It is a slower method
2. Lack of physical security controls over paper wallet
3. Effect from natural disasters
4. More complexity of using it

Paper wallets are used by a lot of crypto holders.
1. Slower but if it's done properly, it's one of the safest method of storing keys
2. What about putting it into a safe box?
3. Paper wallet is just called paper wallet, it can be done on a piece of stainless steel business card by engraving the keys or seed, so that's fireproof, waterproof, etc.
4. This is true, people have to learn to use the paper wallet, and the whole technology of blockchain, bitcoin, to be able to use the paper wallet safely. E.g. change addresses, when spending from a paper wallet, but not the whole amount, not to lose the change, etc...

[Kprawn]

However Paper Wallets are barely used by the crypto holders because following reasons.
1. It is a slower method
2. Lack of physical security controls over paper wallet
3. Effect from natural disasters
4. More complexity of using it

This is not accurate at all.... a lot of people are using Paper wallets for long-term storage. If you do not use your bitcoins

regularly, then you should store them in either a Hardware wallet or a Paper wallet. Make sure you store copies of your

Paper wallets in different geographical locations. {to reduce the risk in the event of a natural disaster}

You can use either Bitaddress.org or even walletgenerator.net for multiple Crypto currencies.  Download the more secure

version from GitHub and make sure you create the wallets offline. 

[Zarbout]

Paper wallets are QR codes encrypting private keys of a wallet. People don't use them so much because they are hard to keep safe and intact.

[heallove]

Some notes on creating and using Bitcoin paper wallet

- Do not let anyone see your wallet, keep it as carefully as your identification

- Use quality ink but not internet connection

- Application to scan QR must be in good condition, not infected with virus

- Can decal for better preservation

[Golubhargava]

Some notes on creating and using Bitcoin paper wallet

- Do not let anyone see your wallet, keep it as carefully as your identification

- Use quality ink but not internet connection

- Application to scan QR must be in good condition, not infected with virus

- Can decal for better preservation

Paper wallet is a private key of a wallet..

[nsasuiteb]

Paper wallet is a paper containing your private key, this is not important, the important thing how do you get this private key, the way you transfer it from somewhere to paper.

[ethbtc444]

Before creating a wallet, make the following arrangements:

- A Bitcoin soft wallet already has the amount of coin in it

- Internet connection

- Printer with ink (can be printed black and white)

- Printing paper

- scissors

- Safe place

- Phone smart

[gakadem]

I think it's about the same as credit card but the difference is the credit card made with celluloid material while paper wallet is printed on paper and use QR code to access its data.

[Nefarious]

Although I understand the benefits, I feel much more comfortable keeping my crypto on my hardware wallet rather than generating a paper wallet.

[Jaycee99]

Well A little knowlage sharing please be informed that you should download it at your cellphone the same time you should download it at your laptop as for the next step print and hide it at your wallet that it can't be fold for future and safety storage.

Although I understand the benefits, I feel much more comfortable keeping my crypto on my hardware wallet rather than generating a paper wallet.

Sorry too ask I still dont get the difference from hardware wallet vs paper wallet?

Paper wallet is a paper containing your private key, this is not important, the important thing how do you get this private key, the way you transfer it from somewhere to paper.

I don't get it are saying its not important? Well base on how I know paper wallet you can use it for back up and safety storage for life time.

REMEMBER

1. Paper wallet contaians it all you code and you private key incase you lost evrything.

2. As number 1 for back up reasons.

3. Its safe 100% but the wallet you using is not a bank.


In this thread you made OP is helpful same meaning but dofferent opinion and ways to endorse the paper wallet and its safety and beacause of that it will be 100% explained nicely.

[tententen]

Method of storing bitcoins offline on a piece of paper that holds
hai the private key và địa chỉ địa chỉ.
A type of cold wallet, used to store offline bitcoins printed on paper. The printed information consists of two parts. One is the public address of the wallet, which is used to let other people see and receive the bitcoin. The rest of you are the secret key used to consume bitcoin.

The strength of a paper purse is that your secret key is not stored anywhere on the internet, absolutely safe from the internet. But if you make the bile or wallet fall into the hands of others, you will permanently lose the bitcoins that are stored in your wallet.

got to bitadresss.org   

It's a wallet that is made out of paper.

[Viscera]

Paper wallet is like a hard wallet but it's printed in paper with your btc address and private key with qr code in it. so if you're planning to print one then keep it safe that no one can touch or handle it.

[DRVX]

Method of storing bitcoins offline on a piece of paper that holds
hai the private key và địa chỉ địa chỉ.
A type of cold wallet, used to store offline bitcoins printed on paper. The printed information consists of two parts. One is the public address of the wallet, which is used to let other people see and receive the bitcoin. The rest of you are the secret key used to consume bitcoin.

The strength of a paper purse is that your secret key is not stored anywhere on the internet, absolutely safe from the internet. But if you make the bile or wallet fall into the hands of others, you will permanently lose the bitcoins that are stored in your wallet.

Yes, I know it. The best way to hide your paper wallet is to keep it in bank. In this case you will be protected more. Some online wallets are often hacked. Here is the video instruction how to make a Bitcoin Paper Wallet: https://www.youtube.com/watch?v=VTsHeiBhPIM

[Simu111]

In the most specific sense, a paper wallet is a document containing all of the data necessary to generate any number of Bitcoin private keys, forming a wallet of keys.

Source: Google

[richardsNY]

Paper wallet is like a hard wallet but it's printed in paper with your btc address and private key with qr code in it. so if you're planning to print one then keep it safe that no one can touch or handle it.

Keeping paper wallets safe isn't really the problem. The main problem from my perspective starts forming a threat, when people unaware of what can happen, import their private key(s) into whatever client. For that reason I always recommend people to just keep using a hardware wallet. I have a Trezor and a Nano Ledger S, where I personally prefer the on board recovery capabilities of the Ledger over that what Trezor is offering. I use the Ledger as cold storage solution, and the Trezor more as a safer way of conducting frequent transactions. The only thing that for some people might be an obstacle, is that a hardware wallet requires an initial purchase, where people can freely create a paper wallet at any time of the day if they so wish.

[niemsarkar]

A paper wallet is an offline mechanism for storing Bitcoins. The process involves printing the private keys and Bitcoin addresses onto paper.
Source INVESTOPEDIA