How to store Private Keys | Bitcointalksearch.org

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: BitMaxz on March 20, 2016, 08:33:35 AM

I think its better to store your private keys .txt in usb with lock so that no one can open your usb easily.. or archive your private key in rar file and put a password so that no one can open it and save it in any folder with copy right protected or lock that cant deleted or remove any files inside the folder

.rar file is good but the password of a rar file can be broken, the better way is to export the private keys encrypted in the first place so that it can not be read by human and only be read by computer if you enter the password that you used for encrypting them.

BitMaxz

legendary

Activity: 3248

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Block halving is coming.

I think its better to store your private keys .txt in usb with lock so that no one can open your usb easily.. or archive your private key in rar file and put a password so that no one can open it and save it in any folder with copy right protected or lock that cant deleted or remove any files inside the folder

zeaderza

hero member

Activity: 896

Merit: 502

I store my privatekeys in cloud.For more security you can use a paper wallet.
Also you can buy a hardware wallet for high security and high amounts of bitcoins.

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: RobFre on March 18, 2016, 08:48:22 PM

I printed the private keys: I hold one in a closed metal box in a secret palce and I gave another one to a trusted person.

remember to check the cache of your printer some printer have memory that store data there, so it's not safe like you think

udet4food

sr. member

Activity: 413

Merit: 250

Quote from: foxbitcoin on March 17, 2016, 07:58:57 PM

Quote from: brianlee01 on March 17, 2016, 07:20:59 PM

Quote from: apoorvlathey on March 17, 2016, 11:59:53 AM

I have some of my Bitcoin Addresses and their Private Keys. My question is that where and how should i securely store my Private keys so that i don't loose my BTC earnings. Currently i have saved them on my PC in a txt file, which is not the best way.
Please suggest.

I have a various ways to store my private keys, The first thing that you need to know don't share it to anybody. I also store my private keys in my email, Private grup facebook and notepad save in my flashdisk

Email and Facebook may be compromised and the key may be exposed! It is not good practice to store private key.

What I did once was I encrypted my wallet.dat file with a password I wrote down (and reproduced several times) and I sent an email to myself with the wallet attached as an attachment. Is that safe or unsafe?

Anyways, back OT, I'd just print out several copies of the private key(s), laminate them and put them around the house.

CryingMidget

sr. member

Activity: 434

Merit: 250

Quote from: aardvark15 on March 18, 2016, 01:00:21 PM

Either store them on a thumb drive or print them out on paper. You should probably do both just in case. You could even save them in a spreadsheet, but hidden or coded somehow so no one can tell what they are.

Yeah I agree bro. I don't think it's not necessary to store your private keys of the wallet. When people need to transfer the wallet to other wallet means only it's needed mostly.
So have it on spreadsheet save that in your pic.

RobFre

full member

Activity: 172

Merit: 100

I printed the private keys: I hold one in a closed metal box in a secret palce and I gave another one to a trusted person.

aardvark15

hero member

Activity: 994

Merit: 510

Either store them on a thumb drive or print them out on paper. You should probably do both just in case. You could even save them in a spreadsheet, but hidden or coded somehow so no one can tell what they are.

newIndia

legendary

Activity: 2198

Merit: 1049

Quote from: apoorvlathey on March 17, 2016, 11:59:53 AM

I have some of my Bitcoin Addresses and their Private Keys. My question is that where and how should i securely store my Private keys so that i don't loose my BTC earnings. Currently i have saved them on my PC in a txt file, which is not the best way.
Please suggest.

Best option is to write them down with pen & paper and keep them at a safe place.

Amph

legendary

Activity: 3206

Merit: 1069

i dunno if saving directly the private key and destroying the wallet that cointain them to import them in any other new wallet it's actually better than saving the wallet itself, ins oem cases at least

because malware do not target directly the private key but the wallet itself, so in this case you may be safer, but it's a gamble...

Monnt

legendary

Activity: 938

Merit: 1002

If you are using a desktop wallet, there's no point in using a txt file. The usual reason people need their private key is because their hard drive failed. If your hard drive fails, then you can't access your txt file.

Just print out your private keys offline.

pooya87

legendary

Activity: 3444

Merit: 10558

Quote from: apoorvlathey on March 17, 2016, 11:59:53 AM

I have some of my Bitcoin Addresses and their Private Keys. My question is that where and how should i securely store my Private keys so that i don't loose my BTC earnings. Currently i have saved them on my PC in a txt file, which is not the best way.
Please suggest.

it depends on your choice and how much you want to protect your private keys.
i would print them on a piece of paper and then laminate the paper and put it away in a safe place and delete the text from my computer.
i personally engraved them on a stainless steel plate

but also you can still keep the text but with an encryption software, encrypt the file and keep that with a secure password. or even store the keys in an encrypted format. but in this method you will need to remember the passwords and forgetting them means no access.

foxbitcoin

sr. member

Activity: 593

Merit: 250

Quote from: brianlee01 on March 17, 2016, 07:20:59 PM

Quote from: apoorvlathey on March 17, 2016, 11:59:53 AM

I have some of my Bitcoin Addresses and their Private Keys. My question is that where and how should i securely store my Private keys so that i don't loose my BTC earnings. Currently i have saved them on my PC in a txt file, which is not the best way.
Please suggest.

I have a various ways to store my private keys, The first thing that you need to know don't share it to anybody. I also store my private keys in my email, Private grup facebook and notepad save in my flashdisk

Email and Facebook may be compromised and the key may be exposed! It is not good practice to store private key.

Duomo

hero member

Activity: 588

Merit: 500

☃

If you wish to store private keys, there a few ways to store them. If you just trying to store your private keys and you are not trying to spend your bitcoins, the safest bet would be to print out your private and store the in a locked safety deposit box in a bank. You have to keep in mind that if someone know what private keys are, without a doubt, they will surely go claim them. It is always smart to have a few printed copies of your private keys, a storage device as such a usb with a .txt file or word document. How securely protected your keys are paramount to how well you store them in your own possession. You need to take steps to make sure only you have access to your private keys in your physically possession and no one else.

brianlee01

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Activity: 476

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Quote from: apoorvlathey on March 17, 2016, 11:59:53 AM

I have some of my Bitcoin Addresses and their Private Keys. My question is that where and how should i securely store my Private keys so that i don't loose my BTC earnings. Currently i have saved them on my PC in a txt file, which is not the best way.
Please suggest.

I have a various ways to store my private keys, The first thing that you need to know don't share it to anybody. I also store my private keys in my email, Private grup facebook and notepad save in my flashdisk

a7mos

hero member

Activity: 574

Merit: 500

IMO the best way of store your private keys is to make several printing copies of them and save these papers in different secret places. then you will be safe if you lost one of them because you have others. you can also get an old SD card and put the PDF or the TXT on it and hide it in a good and safe place.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: apoorvlathey on March 17, 2016, 11:59:53 AM

I have some of my Bitcoin Addresses and their Private Keys. My question is that where and how should i securely store my Private keys so that i don't loose my BTC earnings. Currently i have saved them on my PC in a txt file, which is not the best way.
Please suggest.

That almost hurts me to read that, last thing you should store them on is a txt file on a PC you use. Use a thumb drive and paper wallet for it, put them someplace safe and secure. I personally like safty deposit boxes.

But don't store them on a PC that is used and connected online. If compromised you might lose all your coins.

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: apoorvlathey on March 17, 2016, 11:59:53 AM

I have some of my Bitcoin Addresses and their Private Keys. My question is that where and how should i securely store my Private keys so that i don't loose my BTC earnings. Currently i have saved them on my PC in a txt file, which is not the best way.
Please suggest.

Hard drives or usb flash drives can be corrupted at any time so they are not 100% safe, try to write these private keys and cut the paper in half and save the two pieces in different places multiple time.

kingaltcoins

hero member

Activity: 784

Merit: 502

Best way to store private keys safely is to engrave it on a metal because paper tends to worn out with time.
Also never store your cold storage private keys on USB or flash drives because they are not secure as well as having a high chance of getting the data erased after certain time.

pedrog

legendary

Activity: 2786

Merit: 1031

Store those keys in an encrypted database like KeePassX, backup database to your favorite cloud storage.

Topic: How to store Private Keys (Read 1076 times)