Topic: Are paper wallets really secure? - page 2. (Read 3366 times)

Paper wallets will only be as secure as how you keep it. Remember the phrase: A chain is only as strong as its weakest link. Although paper wallets are much more secure than offline and much more than online wallets, you may have an accident with your precious piece of paper. So keep it somewhere secure, preferably in a safe.

Paper wallet is as secure as a hardware wallet when generated offline and used safely. Using BIP38 encryption strengthens the paper wallet by not allowing unauthorised users to get the unencrypted private key to spend.

Make sure you create them offline, not online. Also make sure that the paper itself is stored in a waterproof/fireproof container.

Whether It’s a paper or online wallet we have careful while we sharing our details for transaction. Whatever the reasons we should not reveal our private key. Its like a heart for our wallets. As you said  Offline and paper Little secure than online wallet.

you can instal QRCODE generator,
or you can use this website http://goqr.me/ Your QR code data is encrypted during transmission (TLS/SSL) and not stored.

read more at here http://goqr.me/privacy-safety-security/

Im use goqr.me to create QRCODE

Do you mean blockchain.info?   If so no that is not the best your making a paper wallet for a hot wallet... so it kinda defeats the paper wallet part on security.  It allows you to import it into another wallet if needed.  But you don't have that cold security.

So I highly suggest not getting a paper wallet there if your wanting a true paper wallet, with cold storage.

I think we can get paper wallet from blockchain and thats the safst one I think

I think bank safety deposit box is pretty good.  You can store paper wallets, or seeds for hardware wallets.  You get bank security and protection from the elements (or should have).

If you can't do that a fire safe at home is much better then hiding in spot fire can get to.  And not all safes are equal look at fire rating depending on how much your storing.

Why are you comparing two the most polarized solution of the bitcoin storing? Online storage is risky, because of its centralized nature.
But we have numerous of software wallets like Bitcoin Core or Armory and your local machine can't be hacked easily if you know what to do.

This has already been mentioned before. Of course, this is a big thread and drawback for paper wallets, but i also would store the keys with keepass in oder to have a copy.

Thanks, but as already wrote, i have used vanitygen to create some customn addresses, but it does not let me create paper based wallets with qr codes etc.

they have a risk of being lost, burned or become unusable due to water etc... but other than that they are less likely to be hacked or stolen than having BTC on an online computer IMO.

i preferes use vanitygen to create new address (only offline method) DO'NT USE VANITYGEN ONLINE
you can read more detail at here
https://www.cryptocoinsnews.com/get-custom-bitcoin-address/

anyway i am use vanitygen offline mode to create more address and some of that is paperwallet and all of my address is very secure

i think yes paper wallet is more secure than online wallet, because it's only you that only know your wallet and online wallet seems to risky if hacker hack online wallet.

NO, it is not okay to make your paper wallets on-line and they're NOT secure when made that way, both of you need to read on about cold storage and the idea behind paper wallets, why they're created and why is it very much necessary to make and print them off-line. If you don't know about this then stop giving wrong advice to others.

The best way is to make then on a completely off-line machine but if you don't have a separate machine OP then just use an air-gapped OS.

Also, OP if you're giving them away as Xmas presents then make sure the people you're giving them to know about bitcoins and how to claim those, otherwise its just throwing money away.

Above it kinda got a little off with user putting up false info about hardware wallets.  I am a supporter of hardware wallets at this point as they are hard to screw up, and keeping key off computer and signing on device is huge benefit.  And you still get the power of storing seed words in a safety deposit box if recovery is ever needed.

Paper wallets can be very safe if made and used right.  If you have a system that is not compromised and the dumber the better on printer, it can be very secure.  I went to extremes on mine by installing OS, anti-virus, and anti-malware do the paper wallet ... and then blow away OS.  Some will say it's to much but made me feel safer.  If you do use paper wallets having multiple is not a bad idea.  This way if you need to spend it you don't enter a private key from paper spend a little.. and then still have a bunch of BTC on that paper wallet.  I see that as most likely greatest weakness is when you import it back to spend it, as it's now been on computer.

If your going to use paper wallets you might create a few with nothing on them.  So if you use a paper wallet and import it on PC just incase compromise you can send it to wallet that has not been imported.  I think what you do after importing wallet has a decent effect on future security.

yep they are definitely secure. i actually prefer them over web wallets, because thers no way someone can hack your private keys if its printed on a piece of paper. also when you create the wallets i recommend that you download the html and turn off your internet connection before creating wallets just to be extra safe.

There is nothing perfectly secure by itself. It is secure if you make it secure. (proper management of your wallets, making copies, strong passwords etc.)
You can be perfectly safe with your software wallet - something like Armory is sufficient enough imo. Unless you are paranoid bitcoin millionaire you don't really need paper wallet.

Haven't thought of that but yeh that should make it safe. QR picture should work well. Just hope no one sees it, I remember someone was robbed when he accidentally showed his QR live on TV and didn't take an hour he was robbed.

can uploading it as attached file on the the draft email message be safe?

Indeed i wasnt aware of the seed with hardware wallets so was in the understanding that it was basically a "fancy usb stick"  Your right that a paper wallet would need no tools buts that assuming its not password protected, But anyway thats me arguing just for the sake of it.  It just seems hard to imagine anything more secure than a bit of paper locked away somewhere. Either way if it wasnt for the price of a trzor i would have one, it ws just my initial opinion that paper was more secure.