Topic: HOWTO: create a 100% secure wallet - page 69. (Read 276221 times)
Done
Thanks for this I was a little nervous that my bitcoin wallet was not secure enough but you helped me. Thanks again.
Good read.
Has anyone thought of using the Tails LiveCD? its a linux distro with absolutly no logging.
Has anyone thought of using the Tails LiveCD? its a linux distro with absolutly no logging.
The problem with tails is adding programs and saving the data. They purposely make it difficult. Better off using liberte. much more robust.
]http://dee.su/liberte]
Good read.
Has anyone thought of using the Tails LiveCD? its a linux distro with absolutly no logging.
Has anyone thought of using the Tails LiveCD? its a linux distro with absolutly no logging.
Thanks for the info!
Thanks for this information. Very funny but important.
great read thanks for the tips.
The only secure wallet is one that doesn't touch a network.
Check out this article.
http://bitcoinmagazine.net/brain-wallets-the-what-and-the-how/
Check out this article.
http://bitcoinmagazine.net/brain-wallets-the-what-and-the-how/
thanks - this is helpful
Love it, Love it, Love it.
YM
YM
If you're still unsure - see this post
https://bitcointalksearch.org/topic/windows-reinstall-128258
https://bitcointalksearch.org/topic/windows-reinstall-128258
Hadn't thought about some of this. Thought my bitcoin wallet was secure.
Thanks for the info.
Thanks for the info.
Once upon a time-you stored your money in a bank. However the money physically sat in the bank and was subject to hold ups. The only thing that made a bank more secure than your mattress was the fact the bank was across the road from the sheriff's office. Transfering money meant stage coach and train hold ups. So money wasn't that secure.
Now if you store your money (which may never physically exist) if the bank is held up it is their issue not yous. So that is a step up in security. However if you have you card stolen or skimmed the crooks can still spend out your account. So protect your card. If you loose it you can cancel it and get a new one, your money will still be accessible.
With your bit coin wallet- the only person who can secure your wallet is you, just like carrying around a wad of cash. If you get mugged poof money gone. House burns down poof money gone.
However unlike a wad of cash you can keep copies of your wallet like have legal photo copies of your cash that can only be spent once. So if your physical bit wallet gets stolen you can still access the coins and transfer them to a new non compromised wallet (assuming you get to them first). House burns down- activate the wallet.dat stored else where.
Big risk I picked up form this thread is securing your computer when dealing with your savings wallet.
How about having a tablet that you never use- unless you were transferring coins in or out of your saving wallet. Less time to get infected, and of course you have virus protection. Android and Apple tablets/phones are probably now more common than pcs- what are the virus issues like on them these days?
Now if you store your money (which may never physically exist) if the bank is held up it is their issue not yous. So that is a step up in security. However if you have you card stolen or skimmed the crooks can still spend out your account. So protect your card. If you loose it you can cancel it and get a new one, your money will still be accessible.
With your bit coin wallet- the only person who can secure your wallet is you, just like carrying around a wad of cash. If you get mugged poof money gone. House burns down poof money gone.
However unlike a wad of cash you can keep copies of your wallet like have legal photo copies of your cash that can only be spent once. So if your physical bit wallet gets stolen you can still access the coins and transfer them to a new non compromised wallet (assuming you get to them first). House burns down- activate the wallet.dat stored else where.
Big risk I picked up form this thread is securing your computer when dealing with your savings wallet.
How about having a tablet that you never use- unless you were transferring coins in or out of your saving wallet. Less time to get infected, and of course you have virus protection. Android and Apple tablets/phones are probably now more common than pcs- what are the virus issues like on them these days?
Thanks, very useful information.
There is no such thing as a 100% secure wallet.
If the United States government could torture you for your passphrase, it's not secure.
If you can forget it, and deny access to the rightful owner, it's not 100% secure.
Most Bitcoin users are somewhere in between.
Truth. Moving on?
If the United States government could torture you for your passphrase, it's not secure.
If you can forget it, and deny access to the rightful owner, it's not 100% secure.
Most Bitcoin users are somewhere in between.
Truth. Moving on?
Damn useful stuff, thank you!
thx for the info
Oh,and
3)Suggesting people "might want to make multiple copies" is bad advice. People should *definitely* have more than one copy of their wallet. As you say, "losing your wallet.dat is worse than someone stealing it." but also: Flash drives go bad. Files get corrupted. Things get misplaced. Mistakes happen. 2 validated copies is a bare minimum. I would say that "probably want to make more than two copies (and keep 2 copies on each storage device)" is better advice.
In the early 90's, I became unable to unlock my PGP secret key - the passphrase I remembered and was sure was correct no longer worked. Was the file corrupted, or did I somehow misremember it? I'll never know for sure. The key wasn't backed up, so I couldn't try or compare with a backup.
+13)Suggesting people "might want to make multiple copies" is bad advice. People should *definitely* have more than one copy of their wallet. As you say, "losing your wallet.dat is worse than someone stealing it." but also: Flash drives go bad. Files get corrupted. Things get misplaced. Mistakes happen. 2 validated copies is a bare minimum. I would say that "probably want to make more than two copies (and keep 2 copies on each storage device)" is better advice.
In the early 90's, I became unable to unlock my PGP secret key - the passphrase I remembered and was sure was correct no longer worked. Was the file corrupted, or did I somehow misremember it? I'll never know for sure. The key wasn't backed up, so I couldn't try or compare with a backup.
And make sure to keep backups on multiple physical locations as well (both in your house as well as outside / online). Gotta consider scenarios like fire, flood, burglary, EMP blast from the local power plant, etc. Yet it's SO easy to avoid this risk. Just email it do some webmail addresses (with different providers, e.g. hotmail/gmail/etc). Dropbox. Send it to a couple of friends of family members ("hey please ignore this message and just leave this file in your archives, thanks"). Of course you do this with encrypted wallets only.
With Bitcoin, there is really NO EXCUSE to lose your money to stupid accidents. Don't be sorry.
I read a lot of suggestions about an offline wallet. If I have a computer that is completely and entirely disconnected from the Internet -- it never connects to a network under any circumstances -- how can I get a transaction it generates onto the network?
You can use armory or brainwallet to sign the transaction offline, and broadcast it using brainwallet.Would have made more sense if I could manually enter the current amount of BTC available on the sending address, right?
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