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Topic: HOWTO: create a 100% secure wallet - page 40. (Read 276225 times)

newbie
Activity: 8
Merit: 0
March 09, 2013, 07:01:09 PM
Thanks,

looks like I will be busy figuring out the encription methods now. TrueCrypt....
newbie
Activity: 9
Merit: 0
March 09, 2013, 06:56:46 PM
Hmm thanks, but does anyone actually invest their savings in BTC?
newbie
Activity: 7
Merit: 0
March 09, 2013, 06:52:19 PM
Thanks for info
newbie
Activity: 9
Merit: 0
March 09, 2013, 06:40:46 PM
I'm not sure if it's already been mentioned in these 33 pages of posts (sorry I was lazy and didn't read it through) but wouldn't the most secure wallet on creation be the one that's put on a USB stick (encrypted or not) then shoved in a bank safe deposit box.

Nothing beats physical security offered by the brick & mortar people that have been securely holding stuff for decades.

Stu
newbie
Activity: 21
Merit: 0
March 09, 2013, 06:34:35 PM
wow, haha his choice of words... and understanding.. I like how he Rolls!!

question though, could a Virtual machine work just as well? and basically Totally lock down that virtual machine so nothing and Nothing can access that information unless you boot it up?
i feel like this would be possible too, yes a usb idea is much greater but if you just move the Virtual machine over to a flash drive Disconnect from the internet or something on a different computer and access it that way? i could be just making up some dumb crap but hell, might as well put some effort into getting out of the newbiee SECTION..
newbie
Activity: 10
Merit: 0
March 09, 2013, 05:44:18 PM
Great tips, thanks.
newbie
Activity: 7
Merit: 0
March 09, 2013, 05:27:51 PM
Great tips ! Thanks.

I must now take care not to lose my paper wallet or my deterministic seed.
newbie
Activity: 43
Merit: 0
March 09, 2013, 02:39:18 PM
Thanks for this tuto
member
Activity: 75
Merit: 10
March 09, 2013, 07:14:55 AM
Great advice thank you mate!
legendary
Activity: 1022
Merit: 1000
March 09, 2013, 01:14:15 AM
Me, my style is to secure my important bitcoin address.

I downloaded the open source code of bitaddress.org (just html and javascript) and open it OFFLINE in my PC browser to generate bitcoin address and private key.

Print the address and private key information. (BTC address record is printed in paper, secure this copy)

Close the bitaddress page.

So this address has no record in my PC, then I can use to fund this new address.

If I want to use it, I use electrum client to add the private key, then send some fund to other BTC address, after that I delete it in the wallet.

Just my style of securing my btc.

 
newbie
Activity: 14
Merit: 0
March 08, 2013, 08:24:16 PM
thanks
newbie
Activity: 23
Merit: 0
March 08, 2013, 06:59:55 PM
Thanks, very helpful suggestions.
newbie
Activity: 6
Merit: 0
March 08, 2013, 05:13:07 PM
I suggest everyone use this no matter how little amount of bitcoins you have. When i first started with bitcoins I was sent a wallet stealer and the next day I didn't have any coins left in my wallet. Completely swiped.
newbie
Activity: 8
Merit: 0
March 08, 2013, 04:57:24 PM
I like it! Educational and offensive.

I won't be having my grandma read it, though
newbie
Activity: 9
Merit: 0
March 08, 2013, 04:12:39 PM
oops i forgot my pass-phrase now i am screwed!!!!
newbie
Activity: 7
Merit: 0
March 08, 2013, 04:02:04 PM
Ty for the info
Ty for the info
newbie
Activity: 8
Merit: 0
March 08, 2013, 03:35:57 PM
Wallet security seems like one of the more major problems for the general population to use BitCoins, especially considering the unability to recover stolen BitCoins. It seems like Credit Card Fraud squared, if BitCoins were to become really popular.

Although, from a purely theoretical view (and one that most hardcore BitCoin users would oppose), it might be possible to create a central institute then, which could oversee which BitCoins are "legit" and which are reported "stolen".
newbie
Activity: 9
Merit: 0
March 08, 2013, 03:01:47 PM
thanks for the help and advice.
newbie
Activity: 7
Merit: 0
March 08, 2013, 02:28:45 PM
Thanks.  I think I like the vault/safety-deposit-box approach with redundant copies.
newbie
Activity: 33
Merit: 0
March 08, 2013, 12:51:25 PM
Thanks. For everyone who wants to create a completely hacking-secure paper wallet: I found this very helpful! Smiley
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