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January 02, 2014, 01:28:28 PM |
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I have created many wallets in Electrum. Will create some more and divide my Bitcoins among them.
I will print the seeds, as a backup will print the Address and Private Keys on papers too, cut these papers into two and will store them in a secure manner in different places.
Now - at that point, am I missing some point? I mean at a later time when I put the seed in Electrum on a very different and clean computer that has no clue of the Electrum that I create the seeds, is there any possibility that it would say "you have missing xxxxxxxxxx file, seed can not be recovered" etc?
Actually I tested in a different computer; the seed I created on another computer was recovered in the other unrelated one - so only the seed seems to be enough.
But I would like to make the things exactly correct and be well informed - to avoid any problems in the future. Would backing up seed only would work on any Electrum, on any computer to be recovered?
And - I would like to check the balances with a master private key regularly - I guess this is riskless and harmless? Or would this create another security vulnerability? I plan to store the master private keys in Truecrypt and check the balances on a live USB or CD. Master keys - what risk would these give?
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