Trader Galactic LLC
Newbie
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Activity: 45
Merit: 0
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February 17, 2015, 09:27:58 PM |
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My practice: 1. Go to https://www.bitaddress.org2. If you use Firefox, Right click with your mouse, Save Page As: Web Page 3. Turn Off your modem 4. Open saved page 5. Click on Paper Wallet and check BIP38 Encrypt checkbox 6. Enter password and remember it 7. Print 8. Restart your PC to delete print cache Most safe offline wallet Very good info. Now what about the best online [hot] wallet. Thanks.
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LordSonjai (OP)
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February 18, 2015, 04:04:59 AM |
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I did that but I'm saying by not touching the internet is that even possible?to download it wouldn't that require a initial internet setup?
One question, do you use internet after generating an address? -MZ yes after I have deleted the browser history and such I gave it to my wife and she uses the computer,I was going to burn (literally incinerate the computer)it but I decided not to.
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SirChiko
Legendary
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Activity: 966
Merit: 1000
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February 18, 2015, 01:26:37 PM |
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Best way is to store it as an paper wallet and get it hidden in some boom or something along this.
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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Muhammed Zakir
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February 18, 2015, 01:35:45 PM |
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Some other options besides are fireproof wallets: https://bitkee.com/[img ]https://bitkee.com/img/gallery/BIP38-Titanium.png[/img] http://cryptocards.co/[img ]http://cdn.makeuseof.com/wp-content/uploads/2014/07/bitcoin-and-dogecoin-cryptocards-.jpg?84ec63[/img] Plenty of options to secure your offline stash. I wouldn't suggest giving private keys, even if it is encrypted, to another person. -MZ
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mezmerizer9
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February 18, 2015, 01:56:42 PM |
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So one would assume that each offline wallet has of equal security depending on your passphrase but word around town is that single wallets generated by random strokes of keys and mouse movements can generate duplicates compromising your security.
It is to my understanding that the brain wallet makes a code based off of your pass limiting the odds of a duplicate right? So that would make this the best offline wallet to choose from?
Can someone also explain to me how I can set up a wallet offline and keep it offline yet I can still send funds to it from a remote computer that is hooked up to the internet?thanks.
Well it greatly depends on how you handle the wallet. If you want to be completely secure, get the paper wallet and copy it a few times and hide it somewhere where you know it will be safe. You can have a wallet secured as pentagon, but as long as you're handling it bad, there would be problems.
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Trader Galactic LLC
Newbie
Offline
Activity: 45
Merit: 0
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February 19, 2015, 02:13:30 AM |
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Best way is to store it as an paper wallet and get it hidden in some boom or something along this.
I read paper wallets are very secure but something about paper just doesn't make me feel safe. It can be destroyed or stolen. Once that paper wallet is gone it's gone forever. There has to be a better long term solution.
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LordSonjai (OP)
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February 19, 2015, 05:43:23 AM |
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Best way is to store it as an paper wallet and get it hidden in some boom or something along this.
I read paper wallets are very secure but something about paper just doesn't make me feel safe. It can be destroyed or stolen. Once that paper wallet is gone it's gone forever. There has to be a better long term solution. Yes,wrap it in transparent duct tape. As for it being stolen,make several copies all over the place in invisible ink.
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kpitti
Legendary
Offline
Activity: 924
Merit: 1002
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February 20, 2015, 11:52:58 AM |
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So one would assume that each offline wallet has of equal security depending on your passphrase but word around town is that single wallets generated by random strokes of keys and mouse movements can generate duplicates compromising your security.
It is to my understanding that the brain wallet makes a code based off of your pass limiting the odds of a duplicate right? So that would make this the best offline wallet to choose from?
Can someone also explain to me how I can set up a wallet offline and keep it offline yet I can still send funds to it from a remote computer that is hooked up to the internet?thanks.
You are asking for offline wallet. Based on my experience you have two options: Bitcoin trezor Paper wallet How to use and setup is pretty easy find here in bitcointalk.
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maurya78
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February 20, 2015, 12:06:46 PM |
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I am using Bitcoin Core and Armory at the moment
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Muhammed Zakir
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February 20, 2015, 12:08:37 PM |
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You are asking for offline wallet. Based on my experience you have two options: Bitcoin trezor Paper wallet
How to use and setup is pretty easy find here in bitcointalk.
Trezor is costly. Paper wallet is the best option or you can try buying Ledger. -MZ
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KimNam
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February 20, 2015, 12:16:51 PM |
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for offline wallet, i'm sure it is paper wallet:D a wallet that not connected to internet is more secure but you need to learn how to use it, there are some thread that explain it
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ranochigo
Legendary
Offline
Activity: 3038
Merit: 4420
Crypto Swap Exchange
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February 20, 2015, 12:24:29 PM |
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Wallets are safe provided that the RNG is not compromised or exploits has been secretly included in it. Even with a offline computer, weak RNG can steal be cracked and your funds can be stolen. This happened a few years ago when Bitcoin android wallets had a RNG weakness and recently blockchain.info wallet.
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feryjhie
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February 20, 2015, 12:37:00 PM |
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I am using Bitcoin Core and Armory at the moment
I think btcoin armory is good but we need to download the blockchain. I prefer to use paper wallet just print the walet and then store in a safe place
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ranochigo
Legendary
Offline
Activity: 3038
Merit: 4420
Crypto Swap Exchange
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February 20, 2015, 12:42:57 PM |
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I am using Bitcoin Core and Armory at the moment
I think btcoin armory is good but we need to download the blockchain. I prefer to use paper wallet just print the walet and then store in a safe place You don't need to download the blockchain to generate a wallet, you can always create the transaction on an online computer then transfer it using a usb the offline computer, sign and use online computer to broadcast it.
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feryjhie
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February 20, 2015, 12:49:02 PM |
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I am using Bitcoin Core and Armory at the moment
I think btcoin armory is good but we need to download the blockchain. I prefer to use paper wallet just print the walet and then store in a safe place You don't need to download the blockchain to generate a wallet, you can always create the transaction on an online computer then transfer it using a usb the offline computer, sign and use online computer to broadcast it. How about bitcoin core ? We need to download the blockchain or no?
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Muhammed Zakir
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February 20, 2015, 01:00:56 PM |
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You don't need to download the blockchain to generate a wallet, you can always create the transaction on an online computer then transfer it using a usb the offline computer, sign and use online computer to broadcast it.
Bitcoin Armory can't sign normal raw TX. I don't know if there is any script which can do it. You can use CounterWallet to create a Armory compatible raw unsigned TX. How about bitcoin core ? We need to download the blockchain or no?
Yes, you have to but you can also use Bitcoin core like ranochigo told. You might be interested in https://bitcointalk.org/index.php?topic=958960.0 but I haven't verified the source code yet. -MZ
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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February 20, 2015, 01:11:02 PM |
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How about bitcoin core ? We need to download the blockchain or no?
yes you have to download the whole blockchain, but you may speed up this process, by looking for a torrent and then bootstraping it into your wallet. Here is the help on that: https://bitcointalk.org/index.php?topic=145386.0, for the up-to-date torrent use google.
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this space is intentionally left blank
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feryjhie
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February 20, 2015, 01:11:58 PM |
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How about bitcoin core ? We need to download the blockchain or no?
Yes, you have to but you can also use Bitcoin core like ranochigo told. You might be interested in https://bitcointalk.org/index.php?topic=958960.0 but I haven't verified the source code yet. -MZ wow thanks for explain but the power wallet is too hard for me to use that
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Muhammed Zakir
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February 20, 2015, 01:35:30 PM |
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How about bitcoin core ? We need to download the blockchain or no?
yes you have to download the whole blockchain, but you may speed up this process, by looking for a torrent and then bootstraping it into your wallet. Here is the help on that: https://bitcointalk.org/index.php?topic=145386.0, for the up-to-date torrent use google. 0.10 is super-fast and torrent isn't needed, I don't know whether it would even work. wow thanks for explain but the power wallet is too hard for me to use that
Compiling is easy if you have visual studio. -MZ
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