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[JohnFromWIT]

and so the student becomes the teacher. Although in this case I believe the question was regarding a proof of work algorithm, and not the use in address generation

All thanks to you.
Yeah you snuck in while I was trying to cover up my mistake.
Edited the answer, but still didn't answer the question, because I just don't know.

[Kprawn]

Question:

Which wallet to use, that would all keep all the different Alt currencies and bitcoin. 

[PangPang]

Question:

Which wallet to use, that would all keep all the different Alt currencies and bitcoin. 

If you want a wallet to handle multiple coins, there is UfaSoft Coin (https://bitcointalk.org/index.php?topic=58821.0)
If you want a wallet to handle all coins, there will probably never happen, as we have hundreds of different coins and have new coins coming out everyday.

[devthedev]

Question:

Which wallet to use, that would all keep all the different Alt currencies and bitcoin. 

If you want a wallet to handle multiple coins, there is UfaSoft Coin (https://bitcointalk.org/index.php?topic=58821.0)
If you want a wallet to handle all coins, there will probably never happen, as we have hundreds of different coins and have new coins coming out everyday.

I wouldn't recommend UfaSoft, it's pretty gross.

The best way to go is to have different clients for each honestly.

[JohnFromWIT]

When you Encrypt your wallet in bitcoin-qt.
What exactly are you encrypting?

[couchdive]

First of all, thank you for this thread! My first post to this forum!

I want to learn about paper wallets and keys more, What is the best place to learn more about this process?

Whats the best way to learn by doing, without risking a lot of bitcoin?

[Mikez]

When you Encrypt your wallet in bitcoin-qt.
What exactly are you encrypting?

You are encrypting your wallet.dat file, which contains the private keys. The keys are encrypted with an entirely random master key, which itself is encrypted using algos such as AES256 and SHA512.

You can find more details here: https://en.bitcoin.it/wiki/Wallet_encryption

[jonnybravo0311]

First of all, thank you for this thread! My first post to this forum!

I want to learn about paper wallets and keys more, What is the best place to learn more about this process?

Whats the best way to learn by doing, without risking a lot of bitcoin?

Paper (and wood like the OP is offering) wallets are just another way to store BTC.  There are any number of services out there that will allow you to create, or will create for you, such a wallet.  You can print them from your home printer, burn them into wood, engrave them into metal, or just write them down by hand on a piece of paper.

Any wallet, be it paper, wood, metal, or electronic consists of two important parts: a public key and a private key.  The public key is what you give to other people so they can send you coins.  The private key is what allows you to access those coins and send them to others.  Think of this kind of like your bank deposit box.  Your bank will give you a key to open the box and deposit things.  Only they have the key to open it from the other side and retrieve the deposits.

If you go to blockchain.info, they've got a pretty decent tutorial.  Check it out here: https://blockchain.info/wallet/paper-tutorial

[devthedev]

I'm reviving this thread (:
Let me know if you have any questions!

[thecast]

If everyone gets told to forget about mining, who will do the mining until 2114? coz the current miners will be all dead by then 

[JohnFromWIT]

If everyone gets told to forget about mining, who will do the mining until 2114? coz the current miners will be all dead by then 

Whoever comes after I guess the current miners, it will likely me more like a business soon enough.
So people will go to work at the mines, work as maintenance and get paid a wage, while there will be heads of the company on top reaping the benefits and deciding what changes to make to the company direction.

Is it 2114 or 2140?

[BitCoinDream]

If everyone gets told to forget about mining, who will do the mining until 2114? coz the current miners will be all dead by then 

People are not discouraged about mining in general. They are discouraged to mine with CPU. If u can set up your own GPU rig, U can still make some coins by pointing to a pool, not to mention ASICs are the best performer till date.

[bittown]

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?

[devthedev]

Is it 2114 or 2140?

You're correct, 2140

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?

I don't believe it's possible. If anyone else has any ideas on whether it's possible or not feel free to chime in.

[Omikifuse]

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?

Have at least two cd drivers? Think there are some that are USB.

Or make a live USB instead?

[devthedev]

How can I burn a cold storage wallet on a cd if I am running a live cd of ubuntu (only one cd slot avaiable)?

Have at least two cd drivers? Think there are some that are USB.

Or make a live USB instead?

That would work as well, the second method would overall be better. Faster boot, more reliable, etc.

[bitkilo]

Interesting thread dev, Just want to know what your thoughts are on mobile wallet security? I like to put a small bit of btc on my phone (coinbase wallet) when I go out just in case I see that 'bitcoin accepted' sticker.
I use 2fa and also encrypt my phone, anything else you can think of that I should do?
I only keep a small amount on phone but I'm far from rich and don't want to loose what little btc iv got.
Keep up the goods work.

[jambola2]

Dev, you are going more and more into helping Newbs on the forums I see

Anyways, could you help me with a question of mine ? https://bitcointalk.org/index.php?topic=759087

[devthedev]

Interesting thread dev, Just want to know what your thoughts are on mobile wallet security? I like to put a small bit of btc on my phone (coinbase wallet) when I go out just in case I see that 'bitcoin accepted' sticker.
I use 2fa and also encrypt my phone, anything else you can think of that I should do?
I only keep a small amount on phone but I'm far from rich and don't want to loose what little btc iv got.
Keep up the goods work.

Yeah, with 2FA and encryption you should be fine with holding a small amount of Bitcoin with Coinbase. However, if you're planning on holding for the long term I'd suggest using a cold storage device such as the Trezor or a paper wallet.

Could you help me with a question of mine ? https://bitcointalk.org/index.php?topic=759087

Buying a steam wallet code can screw you over, if the seller used a stolen CC.

But can buying a steam gift implicate you in any way ? If the seller used a stolen CC, on maybe a new account, to buy a gift and give it to you ?

I would consider this a grey area. If you knowingly purchase a product that's been purchased with a stolen CC it's a felony in the US.

[devthedev]

For every 50 questions asked I'll be giving away a product or service!
The next one up is a $200 Amazon.com gift card.
The card will be given to a random user who's asked a question or helped others in the thread!