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Topic: Bitaddress.org - page 2. (Read 1752 times)

hero member
Activity: 672
Merit: 500
May 27, 2015, 05:15:01 PM
#13
Copied the site to a CD, ran it on a harddrive that has never / will never touch the internet.
Created a few wallets, encrypted with BIP38.
Passwords have been written down.

How do you decrypt the private key when you need to import it? Use the offline copy of the site?

This looks to be a safe method of generating a paper wallet. I am using electrum and the seed is 12 English words. I think it is more user friendly that way.
hero member
Activity: 560
Merit: 500
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May 27, 2015, 04:47:54 PM
#12
I wouldn't trust it .. use bitcoin core or electrum
staff
Activity: 3290
Merit: 4114
May 27, 2015, 04:41:28 PM
#11
Using Bitaddress.org to generate a paper wallet, does have some risks and issues. For example, one of the minor issues is the private keys that begin with 5 are uncompressed private keys. These are an older type of private key. Meaning with these the transactions they make are bigger, as a result you'll likely need to pay slightly higher transaction fees. Although, it's not a huge inconvenience.

Gmaxwell and a few other members have urged users not to use ANY browser based private key generator as you expose yourself to many different kind of attacks. I would have to agree.

legendary
Activity: 1722
Merit: 1000
May 27, 2015, 03:33:57 PM
#10
Bitaddress.org is really secure imo.
As long as you disconnect from the internet when you create your randomness & then generate the wallet is should be fine.
Use a cheap, shitty printer that doesn't have internet capabilities.
I'd split up your stash into smaller amounts on different paper wallets too.
Use BIP38 encryption too.
Write your passwords on the paper wallet too, laminate it & hide it somewhere safe.
Maybe print 2 copies.

I did something like this.

Copied the site to a CD, ran it on a harddrive that has never / will never touch the internet.
Created a few wallets, encrypted with BIP38.
Passwords have been written down.

I printed the wallets to a PDF file and burnt it to CDs .. lots of them.. Then copied the wallet from the CD to my actual computer, copied the PDF to many USB's.. I also put the PDF on my work network LOL.


Wondering if there is an issue putting the PDF onto my e-mail.  It is encrypted soooo.. am I good to do that.

It's encrypted so you should be absolutely fine.
One thing though & it's probably a tiny chance of getting compromised but don't use the same email as you used to sign upto this forum.
It's encrypted so I'm 99.999999999% sure it'd be fine but just for peace of mind don't use the email you use here to store the PDF, too many elite scammers/hackers here.

Sounds like a plan, I haven't moved it to an e-mail yet.  I'll move it to one not tied to this one in any way.
legendary
Activity: 3556
Merit: 9709
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May 27, 2015, 03:23:21 PM
#9
Bitaddress.org is really secure imo.
As long as you disconnect from the internet when you create your randomness & then generate the wallet is should be fine.
Use a cheap, shitty printer that doesn't have internet capabilities.
I'd split up your stash into smaller amounts on different paper wallets too.
Use BIP38 encryption too.
Write your passwords on the paper wallet too, laminate it & hide it somewhere safe.
Maybe print 2 copies.

I did something like this.

Copied the site to a CD, ran it on a harddrive that has never / will never touch the internet.
Created a few wallets, encrypted with BIP38.
Passwords have been written down.

I printed the wallets to a PDF file and burnt it to CDs .. lots of them.. Then copied the wallet from the CD to my actual computer, copied the PDF to many USB's.. I also put the PDF on my work network LOL.


Wondering if there is an issue putting the PDF onto my e-mail.  It is encrypted soooo.. am I good to do that.

It's encrypted so you should be absolutely fine.
One thing though & it's probably a tiny chance of getting compromised but don't use the same email as you used to sign upto this forum.
It's encrypted so I'm 99.999999999% sure it'd be fine but just for peace of mind don't use the email you use here to store the PDF, too many elite scammers/hackers here.
legendary
Activity: 1722
Merit: 1000
May 27, 2015, 03:10:37 PM
#8
Bitaddress.org is really secure imo.
As long as you disconnect from the internet when you create your randomness & then generate the wallet is should be fine.
Use a cheap, shitty printer that doesn't have internet capabilities.
I'd split up your stash into smaller amounts on different paper wallets too.
Use BIP38 encryption too.
Write your passwords on the paper wallet too, laminate it & hide it somewhere safe.
Maybe print 2 copies.

I did something like this.

Copied the site to a CD, ran it on a harddrive that has never / will never touch the internet.
Created a few wallets, encrypted with BIP38.
Passwords have been written down.

I printed the wallets to a PDF file and burnt it to CDs .. lots of them.. Then copied the wallet from the CD to my actual computer, copied the PDF to many USB's.. I also put the PDF on my work network LOL.


Wondering if there is an issue putting the PDF onto my e-mail.  It is encrypted soooo.. am I good to do that.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
May 27, 2015, 02:59:08 PM
#7
Bitaddress.org is really secure imo.
As long as you disconnect from the internet when you create your randomness & then generate the wallet is should be fine.
Use a cheap, shitty printer that doesn't have internet capabilities.
I'd split up your stash into smaller amounts on different paper wallets too.
Use BIP38 encryption too.
Write your passwords on the paper wallet too, laminate it & hide it somewhere safe.
Maybe print 2 copies.
hero member
Activity: 770
Merit: 500
May 27, 2015, 09:44:56 AM
#6
I would prefer bitcoin core-->safe paper wallet instead. Why risk it if we are talking about 1000BTC here? For smaller amounts and day to day wallet I would recommend trezor.  
sr. member
Activity: 728
Merit: 256
May 27, 2015, 09:41:49 AM
#5
Would you trust that encryption to protect your coins?  Basically if you had 1000 BTC on the paper wallet and a +20 char passphrase should one be confident that crackin your actual private key is not possible?

1000 BTC !!! That is an enormous amount you have made. Bitaddress code downloaded from Github and used to create private key offline is good. But, I'd prefer multisig to keep this type of enormous amount, if I can ever make. This is because you never know how random is your random seed.
legendary
Activity: 1862
Merit: 1004
May 27, 2015, 09:41:41 AM
#4
Would you trust that encryption to protect your coins?  Basically if you had 1000 BTC on the paper wallet and a +20 char passphrase should one be confident that crackin your actual private key is not possible?
To be honest. No. They announce this as open source project and it looks cool, when you can mouse over to add some randomness to your newly generated address but I wouldn't use it.
I've seen many good ideas turned into scam or being used in a wrong way. I don't need another wallet.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
May 27, 2015, 09:35:42 AM
#3
Would you trust that encryption to protect your coins? 
Only if you can review the code yourself or someone else you trust.
But this is also true for bitcoin core.
There is no absolute trust.

Basically if you had 1000 BTC on the paper wallet and a +20 char passphrase should one be confident that crackin your actual private key is not possible?

I would not passphrase the paper wallet. It makes it more vulnerable for errors. Saw someone talking about passwords not working anymore for some wallets (think it was safari browser related)

sr. member
Activity: 316
Merit: 250
May 27, 2015, 09:32:07 AM
#2
Would you trust that encryption to protect your coins?  Basically if you had 1000 BTC on the paper wallet and a +20 char passphrase should one be confident that crackin your actual private key is not possible?

I'm slow to change. If it stands the test of time and gets adopted by a large user bae then I might consider using it. Until then I'll wait to find out how well it works for other people.
legendary
Activity: 1722
Merit: 1000
May 27, 2015, 09:16:46 AM
#1
Would you trust that encryption to protect your coins?  Basically if you had 1000 BTC on the paper wallet and a +20 char passphrase should one be confident that crackin your actual private key is not possible?
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