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Topic: HOWTO: create a 100% secure wallet - page 116. (Read 276225 times)

newbie
Activity: 16
Merit: 0
June 26, 2011, 03:10:52 PM
Create a truecrypt volume and insert the wallet.dat file in that volume. Make sure the volume has only a few megs, then copy it to your dropbox account so you can have it anywhere.
newbie
Activity: 6
Merit: 0
June 26, 2011, 09:41:34 AM
wouldn't it just be easier to keep a computer just for bitcoins with nothing but bitcoins necessities on it, since you will be a full time bitcoin trader. Don't open anything on that computer or even install anything beyond the bitcoin client and a miner. do your dealing on the less secure computer but send only from the secure one..?
legendary
Activity: 1204
Merit: 1000
฿itcoin: Currency of Resistance!
June 26, 2011, 09:05:43 AM
Fellas!

 Take a look at this:

 Wallet in the Cloud - Keeping your Bitcoins encrypted and saved into the Cloud!
 http://forum.bitcoin.org/index.php?topic=22386.0

 What do you guys think about my solution?!

 It is really easy to do by everybody...  

 And it can be easily changed, or used with a USB pendrive instead a Cloud environment...

Cheers!
Thiago
jr. member
Activity: 134
Merit: 1
June 26, 2011, 05:44:54 AM
What exactly is "grandma style"?

something your grandmother would understand, even though she's demented and not very smart.
newbie
Activity: 17
Merit: 0
June 26, 2011, 03:54:26 AM
Perhaps a wallet for every coin?
sr. member
Activity: 337
Merit: 253
June 25, 2011, 06:09:37 PM
good information thanks
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
June 25, 2011, 03:44:11 PM
What exactly is "grandma style"?
newbie
Activity: 20
Merit: 0
June 25, 2011, 09:42:33 AM
Will definatly take advice from this guide.

Encrypting a pendrive as we speak.
newbie
Activity: 14
Merit: 0
June 25, 2011, 05:47:36 AM
Great guide! Can't be too careful 'these days' Smiley
hero member
Activity: 556
Merit: 500
June 25, 2011, 02:23:50 AM
I don't trust putting my wallet.dat on a physical medium becuase that can be lost or destroyed. What I did was encrypt my wallet.dat with http://www.aescrypt.com/ which is free and then sent it to myself on gmail.com.
newbie
Activity: 18
Merit: 0
June 24, 2011, 09:47:41 PM
Just use GPG encrypt wallet.dat on wallet's that you are not using.
full member
Activity: 134
Merit: 100
June 24, 2011, 09:02:21 PM
Excellent tutorial, thank you
newbie
Activity: 3
Merit: 0
June 24, 2011, 06:38:34 PM
Quote
Quote from: onis_uk on June 23, 2011, 05:46:00 pm
am i missing the point and cant i just put the bitcoins on my usb stick and then keep my usb stick in my safe ?!?!
thus having no need for a e-wallet ?!?!
cheers dom

No because the Bitcoins are not in your wallet.dat file. Your wallet.dat is a key allowing you to access your Bitcoin account data in the Block stream...
newbie
Activity: 17
Merit: 0
June 24, 2011, 01:53:48 PM
thanks for the clarification!  Great HOWTO!
newbie
Activity: 4
Merit: 0
June 24, 2011, 12:05:51 PM
Thanks for all your advices.

–and 4 posts… Am I allowed to go and play with the grown ups now…?–
newbie
Activity: 6
Merit: 0
June 24, 2011, 10:53:52 AM
100%? seriously?
hero member
Activity: 784
Merit: 1009
firstbits:1MinerQ
June 24, 2011, 09:35:54 AM
Another thing that's useful for long term storage is using Shamir's Secret type splitting to break the wallet into several parts. This requires that some given number of parts (you choose) are recoverable and can be joined back into the secure file.

With this method any part is useless alone, and any several parts is also useless but if you have the correct number of parts (or more) then it can be reversed and used again. This is really good for organizations who want to enforce that several people need to come together to agree to access the wallet. Or when you want to store parts in various public places but be sure that if you lose some you can still recover.

eg. Split in 5, with 3 required parts. Then you can put them in some places and as long as someone doesn't get 3 out of 5 they can't use the data. There are Shamir programs for most OS. I've used the one for Ubuntu from the repos successfully.
newbie
Activity: 42
Merit: 0
June 24, 2011, 12:49:17 AM
am i missing the point and cant i just put the bitcoins on my usb stick and then keep my usb stick in my safe ?!?!
thus having no need for a e-wallet ?!?!
cheers dom

The problem with that is when you need to access your wallet you will be putting it back on the same system that might have trojans already. The reason we use a bootable edition of Ubuntu is because it's clean and you get a brand new OS every time. That way every time you go to use your wallet, it's at no risk of any Trojans.

I have a detailed guide on my site in case you feel a little bit overwhelmed.

http://startbitcoin.com/how-to-create-a-secure-bitcoin-wallet/

-Think

And as always, if you feel like I've made your bitcoin experience better- donate 1HbdRpinMDQ2cgUWsKiMPDN2icC8rNpS1i
member
Activity: 72
Merit: 10
June 23, 2011, 11:44:58 PM
Great guide. Very helpful.
newbie
Activity: 14
Merit: 0
June 23, 2011, 11:34:46 PM
Very good thread!
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