Topic: Can someone tell me which is the most secure of the offline wallets? - page 2. (Read 6813 times)
February 20, 2015, 07:24:29 AM
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.
February 20, 2015, 07:16:51 AM
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
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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February 20, 2015, 07:08:37 AM
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.
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
February 20, 2015, 07:06:46 AM
I am using Bitcoin Core and Armory at the moment
February 20, 2015, 06:52:58 AM
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.
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.
February 19, 2015, 12:43:23 AM
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.
February 18, 2015, 09:13:30 PM
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.
February 18, 2015, 08:56:42 AM
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.
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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February 18, 2015, 08:35:45 AM
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.
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
February 18, 2015, 08:32:27 AM
Some other options besides are fireproof wallets:
https://bitkee.com/
http://cryptocards.co/
Plenty of options to secure your offline stash.
https://bitkee.com/
http://cryptocards.co/
Plenty of options to secure your offline stash.
February 18, 2015, 08:26:37 AM
Best way is to store it as an paper wallet and get it hidden in some boom or something along this.
February 17, 2015, 11:04:59 PM
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.
February 17, 2015, 04:27:58 PM
My practice:
1. Go to https://www.bitaddress.org
2. 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
1. Go to https://www.bitaddress.org
2. 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.
February 17, 2015, 03:33:37 PM
My practice:
1. Go to https://www.bitaddress.org
2. 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
1. Go to https://www.bitaddress.org
2. 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 suggestion.
I like the "move your mouse around for extra randomness" option!
February 17, 2015, 03:18:05 PM
My practice:
1. Go to https://www.bitaddress.org
2. 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
1. Go to https://www.bitaddress.org
2. 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
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
February 17, 2015, 10:32:38 AM
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
February 17, 2015, 10:12:38 AM
Im new here can some one tell me what is offline wallets?
Thanks
ANything not connected to the network is an offline wallet. Thanks
Its for safety of the bitcoins.
How bitcoin are safe in offline wallet. How we can cash out our btc from offline wallet?
you use offline signed transactions to safely move funds out of cold storage.
If you create your offline wallet with Electrum, you can follow https://electrum.org/tutorials.html#offline-mpk to spend your bitcoin safely.
Or, you can import your private key to any hot wallet and spend it.
Just to make sure,my paper wallet is offline right ?
February 17, 2015, 10:00:35 AM
What about the safest online wallets? As an active trader a hot wallet is a must. Thanks!
Probably any of these Web wallets will do as long as you use 2 Factor Authentication:
https://bitcoin.org/en/choose-your-wallet
Just remember that as long as you keep most of your funds in a centralized service like Coinbase or Circle, you do not own the private keys.
Basically, don't keep the majority of your wallet stash online or for a long time. Make sure you use it as it's intended, meaning hot wallet for fast transactions and short term storage.
February 17, 2015, 12:25:21 AM
What about the safest online wallets? As an active trader a hot wallet is a must. Thanks!
February 16, 2015, 11:58:31 PM
But it was okay that it touched the internet to set up the keys on bitaddress because i couldnt have without connecting right?
You can download bitaddress.org zip from Github which you can run offline. Click '(zip)' to download the file. Here is the direct link : https://github.com/pointbiz/bitaddress.org/archive/v2.9.8.zip.
ANd also what if after i set up the keys and deleted everything it was connected to the internet because i let my girl have the computer after i deleted everything.
Backup your private key by writing down(recommended) or print it. As I have said earlier, you can run it offline.
-MZ
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?
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