Bitcoin Armory Question: Does Encryption Protect My Paper Backups?

Atruk

hero member

Activity: 700

Merit: 500

Quote from: jfhoff on April 10, 2013, 10:31:34 PM

I'm sure this belongs in the Armory section, But I'm still a newbie...

I have enough BTC that I need to use Armory on an offline PC, so I set it all up and it works great. I assigned a good, strong password. Now, is my paper backup vulnerable to theft by a physical burglar, or is it useless without the password? Similarly, what if a physical burglar stole my offline PC?

Thanks in advance!

The paper backup at least at the moment is not encrypted, so physical theft is a possible concern.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

I'm guessing the paper backup is not encrypted. So keep it safe and secure, where it won't be stolen. The offline PC ... well, the password should be able to protect it, and hopefully the burglar can't guess it, so you have time to transfer your bitcoins to another address.

jfhoff

newbie

Activity: 28

Merit: 0

I'm sure this belongs in the Armory section, But I'm still a newbie...

I have enough BTC that I need to use Armory on an offline PC, so I set it all up and it works great. I assigned a good, strong password. Now, is my paper backup vulnerable to theft by a physical burglar, or is it useless without the password? Similarly, what if a physical burglar stole my offline PC?

Thanks in advance!

Topic: Bitcoin Armory Question: Does Encryption Protect My Paper Backups? (Read 410 times)