From what I understand, as long as the wallet remains off-line it will be safe. But if it comes into contact with slightest of network, then it has every possibility of being hacked.
Nah. Unless you're using windows 2000. The wallet should be kept offline (If possible). If not, contact with internet is fine as long as the system is clean of malware since some malware can transmit info once it comes online. 
Topic: Is bitcoin paper wallet safe to dump bitcoins ? - page 3. (Read 5346 times)
From what I understand, as long as the wallet remains off-line it will be safe. But if it comes into contact with slightest of network, then it has every possibility of being hacked.
Not completely accurate.
If it is encrypted the saftey concern is someone finding out your pass phrase. Assume your harddrive is constantly being viewed by others and if it is taken offline and back online all the information has been sent on.
With this assumption the computer used to create the wallet must be offline and should never be online again. (it will cost you $15 for a cheap harddrive.. $15.. use ubuntu.. it's not expensive, the first go involves some learing but after that it is cake walk).
So you create the wallet on the offline computer, burn the wallet ot a cd. Shut off the compter, remove the harddrive, decimate the harddrive.
Copy that file onto your main computer, and then copy it everywhere.
If someone gets your wallet you're fine unless you encrypted it with 1234566 or
passwordpasswordpassword..
Don't use dumb pass phrases.. 20+ chars, no real words, special chars add.. ╜ for example
.
From what I understand, as long as the wallet remains off-line it will be safe. But if it comes into contact with slightest of network, then it has every possibility of being hacked.
Suggest me the legit paper wallet generator. I will generate my paper wallet from that site.
From what I understand, as long as the wallet remains off-line it will be safe. But if it comes into contact with slightest of network, then it has every possibility of being hacked.
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
If the harddrive you created your wallets on ever touches the internet again YOU ARE DOING IT WRONG.. The harddrive should be destroyed after creating the wallet..
So, making paper wallet and using it to store your bitcoins is not much easy and secure. You have to aware Everytime using your paper wallet or making transaction with it.
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
If the harddrive you created your wallets on ever touches the internet again YOU ARE DOING IT WRONG.. The harddrive should be destroyed after creating the wallet..
i prefer using coinkite with multi sig. They dont have my keys. Safest other than paper wallet.
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
I lolled
"My wallet is safe because I gave it to some guy I met on the street, and he said it looked good he would hold onto it for me".
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
I don't think any way is 100% safe but the above is what I have always done & I've had no problems.
People come on here & tell scare stories but if you just browse the internet for regular stuff you're not going to pick up Mi5 / James Bond style / secret agent style hackers who are clever enough to break BIP38 encryption.
I like being safe & secure but there are limits when paranoia can be excessive & a bit weird.
You can type your public addresses into any block explorer & always check your paper wallet balances at any time.
I still don't understand how it's possible to create a wallet while disconnected from the internet. I've seen those tutorials on bitaddress.org where they get the html code and run it offline to create the address. How does the blockchain know those address are valid and exist if they were created online? I cant get my head around that.
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
I don't think any way is 100% safe but the above is what I have always done & I've had no problems.
People come on here & tell scare stories but if you just browse the internet for regular stuff you're not going to pick up Mi5 / James Bond style / secret agent style hackers who are clever enough to break BIP38 encryption.
I like being safe & secure but there are limits when paranoia can be excessive & a bit weird.
You can type your public addresses into any block explorer & always check your paper wallet balances at any time.
I still don't understand how it's possible to create a wallet while disconnected from the internet. I've seen those tutorials on bitaddress.org where they get the html code and run it offline to create the address. How does the blockchain know those address are valid and exist if they were created online? I cant get my head around that.
uhh... it should not be any different than running bitcoin core without internet and creating an address then dumping the private key associated via console commands
I am looking to dump my bitcoins to safe place to btc paper wallet. I want to know that is this safe to use paper wallet for storing my btc fund.
Post your valuable suggestions.
Post your valuable suggestions.
to split your funds is always a wise decision.
you can also use a hardware wallet for the 2. or 3. chunk.
https://bitcointalksearch.org/topic/overview-bitcoin-hardware-wallets-secure-your-coins-899253
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
I don't think any way is 100% safe but the above is what I have always done & I've had no problems.
People come on here & tell scare stories but if you just browse the internet for regular stuff you're not going to pick up Mi5 / James Bond style / secret agent style hackers who are clever enough to break BIP38 encryption.
I like being safe & secure but there are limits when paranoia can be excessive & a bit weird.
You can type your public addresses into any block explorer & always check your paper wallet balances at any time.
I still don't understand how it's possible to create a wallet while disconnected from the internet. I've seen those tutorials on bitaddress.org where they get the html code and run it offline to create the address. How does the blockchain know those address are valid and exist if they were created online? I cant get my head around that.
The bitcoin wiki is quite informative on this subject, just good read, the basic idea behind creating a paper wallet offline is that if it stays offline it cannot be stolen through hack or malwares.
Here are the link which might help you get more clear understanding on how cold storage and paper wallets work.
https://en.bitcoin.it/wiki/Cold_storage
https://en.bitcoin.it/wiki/Paper_wallet
Here are the link which might help you get more clear understanding on how cold storage and paper wallets work.
https://en.bitcoin.it/wiki/Cold_storage
https://en.bitcoin.it/wiki/Paper_wallet
As long as they are created from secure place & you delete any history afterward, it should be safe enough
Multisignature addresses & hardware wallet could improve the security
multi sig address means that the wallet is created such that m-of-x signatures required to spend the coins. depending on how you spend the coins, for example, signing all keys on the same computer. This can expose you to malware threats. Hardware wallets won't help if they are poorly designed and get exposed to exploit. Multisignature addresses & hardware wallet could improve the security
I am looking to dump my bitcoins to safe place to btc paper wallet. I want to know that is this safe to use paper wallet for storing my btc fund.
Post your valuable suggestions.
Post your valuable suggestions.
from my point of view yes, i think is one of the most dafe ways to store your btc, you know, old school method
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
I don't think any way is 100% safe but the above is what I have always done & I've had no problems.
People come on here & tell scare stories but if you just browse the internet for regular stuff you're not going to pick up Mi5 / James Bond style / secret agent style hackers who are clever enough to break BIP38 encryption.
I like being safe & secure but there are limits when paranoia can be excessive & a bit weird.
You can type your public addresses into any block explorer & always check your paper wallet balances at any time.
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
I find this suggestion useful to create paper wallet
My computer is 100 % protected and clean bcoz of my antivirus.
It all depends on how they were created. If it was created on a "clean" computer without virusses and malware, you will have a better chance that it might be safe.
If it was created "offline" you might have a better chance that it might be safe.
If it is protected with BIP-38 protection. you have a slightly better chance.
If the computer on which you created it, stay "offline" you would have a even better chance.
Nothing is 100% safe... but we try all these things to increase our chances. There have been many threads explaining this, and safe methods to create a more secure paper wallet.
If it is created on a clean computer, you would most likely need to download scripts to generate a paper wallet. It would be safe enough to keep the computer as clean as possible by only downloading what you need for the generation. BIP 38 encryption can help when someone has direct physical access to your wallet but not if the person knows your password. If it was created "offline" you might have a better chance that it might be safe.
If it is protected with BIP-38 protection. you have a slightly better chance.
If the computer on which you created it, stay "offline" you would have a even better chance.
Nothing is 100% safe... but we try all these things to increase our chances. There have been many threads explaining this, and safe methods to create a more secure paper wallet.
Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.
If you decide to use a paper wallet then make sure you print it using pigment based ink. It's designed not to fade for decades. Water based ink prints can fade in a matter of years and might eventually become illegible, in which case you lose your coins.
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