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Topic: HOWTO: create a 100% secure wallet - page 13. (Read 276150 times)

full member
Activity: 214
Merit: 100
April 13, 2013, 10:14:33 PM
Really nice tutorial, I actually have some tricks of my own I hope to share once I get into the normal forums
newbie
Activity: 31
Merit: 0
April 13, 2013, 10:03:48 PM
Thanks
newbie
Activity: 13
Merit: 0
April 13, 2013, 09:45:47 PM
Good read
newbie
Activity: 6
Merit: 0
April 13, 2013, 09:45:00 PM
Definitely helpful. Thanks
member
Activity: 77
Merit: 10
April 13, 2013, 09:12:18 PM
This was a good read.  I use the dual wallet, one as savings locked away and work through the day to day wallet.
newbie
Activity: 16
Merit: 0
April 13, 2013, 08:41:56 PM
thanks!
member
Activity: 143
Merit: 10
April 13, 2013, 08:17:31 PM
This sounds a bit extreme. I mean, I and I am sure everyone else use online banking everyday. So why is such crazy security needed for the wallet when you just need an antivirus to log onto your bank?

The bank has ways of tracing transactions, and getting your money back.  The security level at banks is a lot higher than a random computer sitting on desk somewhere.

Once it's gone nobody is going to do anything about it because they can't.






newbie
Activity: 4
Merit: 0
April 13, 2013, 07:52:33 PM
Thanks it was helpfull
SAQ
newbie
Activity: 56
Merit: 0
April 13, 2013, 07:41:04 PM
This sounds a bit extreme. I mean, I and I am sure everyone else use online banking everyday. So why is such crazy security needed for the wallet when you just need an antivirus to log onto your bank?
member
Activity: 143
Merit: 10
April 13, 2013, 07:08:51 PM
Isn't it possible for a virus to sit, and wait for the Bitcoin client to unlock the private key when it connects to the block chain to make a transaction?

Is that memory location randomized by the Bitcoin client each time it runs?  Would it matter?

The wallet.dat file can be encrypted a zillion different ways, but at some point doesn't it have to be fed into the block chain naked so to speak?

...and if it's a key logger as well?

What then?








newbie
Activity: 8
Merit: 0
April 13, 2013, 07:01:05 PM
backtrack would be best for good encryption and keeping everything safe
jr. member
Activity: 65
Merit: 2
dotbit.me
April 13, 2013, 06:57:31 PM
Securing your Bitcoins:

  • Download Truecrypt, create a 1MB Truecrypt volume, use a four word password: http://preshing.com/20110811/xkcd-password-generator
  • Stop your Bitcoin client and locate the wallet.dat file, copy it into the Truecrypt volume
  • Save a copy of the Truecrypt volume on Dropbox, Google Drive, Skydrive, Gmail and on your local disk
  • Test using the wallet.dat file from your Truecrypt volume in a new Bitcoin client install. Works? Delete the original wallet.dat and all unencrypted versions.

This is, IMHO, the easiest and best way to secure a wallet with "savings" that you are not going to use regularly.

Regards,
Tagide
newbie
Activity: 25
Merit: 0
April 13, 2013, 06:55:05 PM
If I download a litecoin wallet on one computer and start mining.
Can I simply download another litecoin wallet and start mining on another computer?  How would it know to put funds into the same account?

If I delete my wallet, but have a backup saved on a usb, how can I open the usb copy?
newbie
Activity: 35
Merit: 0
April 13, 2013, 06:02:42 PM
Thanks. Nice Guide!
newbie
Activity: 12
Merit: 0
April 13, 2013, 05:29:21 PM
thx man, great input!
newbie
Activity: 32
Merit: 0
April 13, 2013, 03:54:16 PM
Might just have to do this today...
member
Activity: 64
Merit: 10
April 13, 2013, 03:52:21 PM
Thanks, I haven't thought about the keylogger problem. I'll be moving my file to a usb live distro asap.
full member
Activity: 154
Merit: 100
April 13, 2013, 03:34:11 PM
Well in your opinion what is the best wallett
newbie
Activity: 17
Merit: 0
April 13, 2013, 01:55:23 PM
Is there an Armory client for the Litecoin wallet?
newbie
Activity: 14
Merit: 0
April 13, 2013, 01:54:32 PM
I was just wondering how all this might fit in with the thoughts some people have when it comes to the "Mark of the Beast" being required by anyone who wishes to buy or sell.
Do you think there is there any chance that this could bitcoin movement will eventually require a implant or "mark" which will have a corresponding scanner to verify identity for the use of bitcoins, etc.? Thanks!
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