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Question: What kind of paper should I use for bitcoin paper wallets? & more paperwallet questions
Stick with Inkjet printer - 0 (0%)
Return for Laser printer - 2 (100%)
Total Voters: 2

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Author Topic: Best paper for a cold storage paper wallet!? (& paperwallet questions)  (Read 800 times)
jimihendrix (OP)
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November 17, 2013, 08:09:57 PM
 #1

Hey Im a noob here, Not sure how to post my own posts, I was wondering what kind of paper should I use for bitcoin paper wallets? and would a HP Envy 4500 serious (inkjet printer) be good for only printing paper wallets? Should I use normal paper? someone said something about using paper they use in the Navy (which was kevlar) but where I live nobody sells that, what are the alternatives to this type of paper? And is a inkjet printer the way to go or should I just return it for a laser printer? I need these paper wallets to last for years with them ever fading. Are paper wallets truly the safest way to go for storing large amounts of bitcoins stashed away for years?  or could they possibly get stolen without ever knowing (like lets say bitaddress.org was compromised) Another thing was is Bitaddress.org truly a safe generator? Do they store any codes they've generated? like how do they know they didn't regenerate an address that is already in use by someone else?? Could paper wallets ever glitch in the system? by that I mean if something ever changed in the network wouldn't you have to update those paper wallets somehow like you would with software wallets? & When you use paper wallets what is the safest site to import/export them? (is blockchain any good??)  Also is it a good idea to keep copies of them? and is bit address a trustable
Last questions, What does the term "Sweeping" mean in bitcoin wallets??? Are encrypted paper wallets good or prone to glitches when you want to cash in on your bitcoins? & what exactly is "change",where would you find your change??  & when it comes to paper wallets, if you want to buy something at a store for example, you have 13 btcs and the item you buy is 3 btc's  would all your bitcoins be removed from that wallet even though you should have 10btc's left over in it?  Huh ..

 I'll send a donation to the person who can answer all my questions, I appreciate it Smiley
Thanks,
BawsyBoss
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November 17, 2013, 09:43:28 PM
 #2

I have heard really good things about Armory for a paper wallet. I also don't think your printer matters at all as long as it is readable.

Forever strong.
btcguy38
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November 18, 2013, 01:00:54 AM
 #3

I have been Armory "watch" wallets.

You basically create a wallet on a computer that NEVER has access to the internet.
Then you create a "watch" wallet from it that you use on a computer that does connect to the internet.

The watch wallet can then show you when you receive bitcoins.

If you want to send bitcoins then you use the watch wallet to create an offline transaction.  Basically NO ONE can send any transactions from your watch wallet (the one connected to the internet).  So if someone compromised your computer, they are still not able to send any bitcoins from your wallet.  All they can do is see how many you have in that wallet.

You then use a USB stick to move the "unsigned offline transaction" to your offline computer and then you sign the transaction and put it back on your "watch" wallet.

At this point your watch wallet will send the transaction.

This means that no one is ever able to send a transaction without first signing it from your offline computer.

You are also able to print out a paper backup that you can use to create a new live wallet at any time.  Print this out and stick it in a safe deposit box.
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