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Topic: HOWTO: create a 100% secure wallet - page 60. (Read 276221 times)

newbie
Activity: 50
Merit: 0
February 20, 2013, 06:49:34 PM
Is *anything* every really "100% secure"?
newbie
Activity: 27
Merit: 0
February 19, 2013, 11:20:18 PM
cool beans yo
newbie
Activity: 18
Merit: 0
February 19, 2013, 08:51:48 PM
What is the issue with using something like armory? The problem with the bitcoin client is that it takes forever to sync the blockchain. Am I missing something here. The issue is air gapping to prevent online intrusion and encryption to prevent offline intrusion.
sr. member
Activity: 266
Merit: 250
The Assman: CEO of Vandelay Import/Export, Inc.
February 19, 2013, 04:49:52 PM
@just1

Yes - blockchain.info allows you to assign a "watch-only" address. You can then keep an eye on the balance without them (or you) having the ability to spend it. When/if you're ready to spend, you just import the private key.
sr. member
Activity: 280
Merit: 250
February 19, 2013, 04:17:14 PM
I have my bitcoins stored in separate paper wallets. Is there a way to occasionally check their balances without importing the private key to a website?
newbie
Activity: 12
Merit: 0
February 19, 2013, 03:58:40 PM
Fun, and useful.

I guess sometime I will have enough BTC to warrant such precautions.

Here's hoping...
newbie
Activity: 33
Merit: 0
February 18, 2013, 11:03:17 PM
Thank you!
newbie
Activity: 17
Merit: 0
February 18, 2013, 10:31:19 PM
Awesome info, thanks!

I already installed my client, I'll have to figure out how to handle this before I move any serious money into it.
newbie
Activity: 53
Merit: 0
February 18, 2013, 09:26:56 PM
I am sorry in advance if this question been answered previously, But this is a long thread!
What is the disadvantages of using online wallet like Blockchain  for example? Of course they could fold tomorrow but I mean in term of actual security and encryption.

Technically... the site operators have access to the wallet.dat created for your online wallet because it resides on their servers.
Some online wallets don't even use such methods and instead use a shared wallet.
Some of the better online wallets i would say are good for simple daily usage... but I would suggest it for any kind of long term storage.

Thanks! BTW, What online wallet would you consider the safest for daily use ?
newbie
Activity: 43
Merit: 0
February 18, 2013, 07:29:04 PM
I am sorry in advance if this question been answered previously, But this is a long thread!
What is the disadvantages of using online wallet like Blockchain  for example? Of course they could fold tomorrow but I mean in term of actual security and encryption.

Technically... the site operators have access to the wallet.dat created for your online wallet because it resides on their servers.
Some online wallets don't even use such methods and instead use a shared wallet.
Some of the better online wallets i would say are good for simple daily usage... but I would suggest it for any kind of long term storage.
newbie
Activity: 15
Merit: 0
February 18, 2013, 05:47:23 PM
Thanks!!
newbie
Activity: 5
Merit: 0
February 18, 2013, 01:31:18 PM
You can never be safe tho, never enough safety.
hero member
Activity: 676
Merit: 501
February 18, 2013, 01:23:39 PM
Great info, I never even thought about securing my wallet dat this hardcore but then again, I've never had that many coins...

I will keep this in mind once my asic arrives.
legendary
Activity: 1015
Merit: 1000
February 18, 2013, 11:20:17 AM
thanks for the info
newbie
Activity: 27
Merit: 0
February 18, 2013, 09:20:55 AM
Personally looking forward to bitcoin-central (now being revamped as 'paytunia') to offer proper insurance on their deposits.
full member
Activity: 198
Merit: 100
February 18, 2013, 08:37:32 AM
You're 100% right Wink
M25
newbie
Activity: 29
Merit: 0
February 18, 2013, 08:29:51 AM
Article is only useful to escape newbie purgatory!

Nothing is 100% and there's no need for abusiveness.
member
Activity: 79
Merit: 10
February 17, 2013, 11:59:05 PM
Thanks for the great post!
newbie
Activity: 5
Merit: 0
February 17, 2013, 10:28:27 PM
Thanks. good post. basically confirms my understanding of wallet security.
Do I have this right though? -- you want to avoid having the wallet unencrypted in RAM
for even an instant and thus the involved process of booting off the USB.
newbie
Activity: 53
Merit: 0
February 17, 2013, 09:43:58 PM
I am sorry in advance if this question been answered previously, But this is a long thread!
What is the disadvantages of using online wallet like Blockchain  for example? Of course they could fold tomorrow but I mean in term of actual security and encryption.
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