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Topic: Paper Wallets? (Read 489 times)
starbiter
(OP)
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Paper Wallets?
January 08, 2014, 06:49:15 PM
#1
I see people talking about paper wallets as a way to store bitcoins securely. Does this just mean that your wallet info is physically written down on a piece of paper and put somewhere safe? Or is there more to it than the terminology might suggest?
Any info or links you might have to help me understand this better would be appreciated. I'm trying to figure out how to make my information the most secure before I get any further into this.
BlockChainLottery
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AwesomeDice.net
Re: Paper Wallets?
January 08, 2014, 06:59:17 PM
#2
That is exactly what it is. Just write down your private key on a piece of paper and there you go.
AwesomeDice.net
nastybit
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⇾
Re: Paper Wallets?
January 08, 2014, 07:02:13 PM
#3
Yes a paper wallet, as the name says itself, it's a paper with the private key written down on it.
You can print fancy paper wallet from i.e. bitaddress.org and encrypt the key with bit38 to add an extra layer of protection.
krostue
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post history is my own and doesn't represent other
Re: Paper Wallets?
January 08, 2014, 07:36:09 PM
#4
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exstasie
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Re: Paper Wallets?
January 08, 2014, 07:48:35 PM
#5
Quote from: BlockChainLottery on January 08, 2014, 06:59:17 PM
That is exactly what it is. Just write down your private key on a piece of paper and there you go.
Just make sure you don't lose that piece of paper! If it goes missing, then all of your BTC are gone forever!
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