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Topic: How to send regular amounts to cold storage with differing addresses? (Read 752 times)

newbie
Activity: 10
Merit: 1003
I use some denominated paper wallets for saving, and host offline electrum on a cheap raspberry pi for spending.
full member
Activity: 170
Merit: 100
Thanks for the replies

I've looked at Armory and I wasn't too impressed. It seemed quite unstable and I'm not keen on the requirement to download the full blockchain via the qt client. I do like the paper wallets though. I'm thinking of maybe setting up some paper wallets of different addresses with denominations of BTC. Some 10s, 5s and 1s maybe?

What do you think of setting of a virtual machine in Vmware ESXi that doesn't have a network interface configured as an offline wallet? Has anyone done that? Lots of options, none are particularly convenient - I guess that's the price you have to pay to be your own bank. Cheesy
sr. member
Activity: 362
Merit: 262
Armory.  Create a wallet for offline storage on an offline pc.  On your day-to-day pc install a watch-only copy of the wallet.  Here you can generate addresses to send your payments to.  The two wallets will stay in sync becase addresses are deterministic.
legendary
Activity: 3682
Merit: 1580
Yes you can install an offline wallet on a dedicated offline computer. That will give you unlimited addresses. The final part of the puzzle is coin control in your online wallet so that you can send from specific addresses.

Electrum offline + online watch-only wallet will cover all the bases. It has coin control too.
hero member
Activity: 533
Merit: 500
^Bitcoin Library of Congress.
You can either:
A) generate beforehand each address you want to send coins to
or
B) get a dedicated offline computer and generate a new address whenever you want

Hope this helps! Wink
full member
Activity: 170
Merit: 100
I don't have cold storage for my coins yet but I want to address that and get my coins off my PC and into something more hack-proof. However I don't want to use the same address for my drip-feed to cold storage. What are the options here? Every transaction I have done has been with a different address so far, can I do the same with cold storage? How is that done?

Thanks
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