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Topic: Confusion over Armory wallet (Read 451 times)

staff
Activity: 3374
Merit: 6530
Just writing some code
March 04, 2017, 11:26:49 PM
#4
Nice one! I think you are correct. He was demonstrating the differences. The watching only wallet did not display the private keys. but the other one did. OK great! And thank you. It's not holding me up any, but now im curious why anyone would want their private keys being displayed on their screen, risking screen shots from a hack?
The private keys are rarely shown, if ever. The only time someone needs to see the private keys is if they are going to import it to another wallet. Furthermore, the private keys are always protected by your wallet password. They can only be revealed if the wallet is unlocked.
member
Activity: 65
Merit: 10
March 04, 2017, 10:01:33 PM
#3
Nice one! I think you are correct. He was demonstrating the differences. The watching only wallet did not display the private keys. but the other one did. OK great! And thank you. It's not holding me up any, but now im curious why anyone would want their private keys being displayed on their screen, risking screen shots from a hack?
staff
Activity: 3374
Merit: 6530
Just writing some code
March 04, 2017, 09:47:12 PM
#2
Armory has multiple modes of operation. You can have a normal wallet setup which is just one device with private keys and all. You can also have an airgapped two computer cold storage setup with one computer being online and the other offline. The second setup is the one you described; the offline computer holds the private keys, and the online only has public keys.

The video you watched was probably showing Armory with the normal setup. With the cold storage setup, everything will look pretty much the same but you won't see any private keys on the online computer.
member
Activity: 65
Merit: 10
March 04, 2017, 09:33:33 PM
#1
Hello all, Im new so forgive any errors i may be making. Im researching Armory as a place to put some bitcoins but Im confused about something.

My understanding of Armory cold storage is you create an offline wallet which stores your private key's, and signs transactions offline. It's great because your key's are offline, and are never connected to the internet.

But then, Im watching this tutorial video and the guy clicks accept bitcoins to generate an address to receive some bitcoin. So the transaction completes, and he double clicks the transaction in the address list and says "by doing this we can see the details of the transaction, and also view the key's associated with that address." then he clicks "view address key's", and says "each address has a private key, the private key allows you to be able to spend the bitcoins at that address".

So am I mistaken? Or are the private keys, which could be used to steal my bitcoins, being displayed on my screen?

thx for reading and possibly answering!

brad

I can post a photo if someone tells me how.
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