Topic: Best Cold Storage Methods For LTC and BTC - page 4. (Read 9607 times)
Just watch out: importing private keys is a minefield. Some guy on reddit lost $10,000 because he didn't know about "change" addresses and assumed his unspent coins stayed in his cold wallet address.
Paper wallets seem to be pretty cool. You can hide the paper in a little safe and then nobody can get your coins. Personally, I don't trust storing them on any kind of electronic device. It just bugs me. Paper sticks around for a loooong time.
The only thing you need is the private key. From it you can generate public keys, addresses, etc. You could write it down with a pen and paper if you wanted too.
Reading a ton of different ways for cold storage.
What is the most secure/easiest way to cold store BTC and also LTC.
Do you really need to keep the wallet.dat file or just the Private and Public keys?
Thanks
What is the most secure/easiest way to cold store BTC and also LTC.
Do you really need to keep the wallet.dat file or just the Private and Public keys?
Thanks
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