Anyone who have access to your private key can withdraw coins. Any means to achieve your goal of locking will comprise the security of your private key.
Just sit tied, don't do anything is your best choice. If anybody asking you to lock up your fund he maybe a thief.
Topic: Is there a way to block my wallet and prevent any withdrawal for a month? - page 2. (Read 988 times)
July 21, 2016, 04:47:13 PM
July 21, 2016, 04:40:18 PM
no i have never hear about this and i think may be there are some ways through which people may doiing so . but personally i have no experience of such thing. and fortunately i am still safe.
July 21, 2016, 03:01:43 PM
I believe people elsewhere are concerned too. Is there a way to lock my wallet so that no one can hack my wallet and take out the money, even myself included. That way, it can be secure and I would be happy from being afraid of scam. Thank you.
There are multiple options for achieving your goal:
1. If you just want to stay safe of hackers: Generate a paper wallet. For that you can use the service of bitaddress.org. Print out the output and keep the private keys on it safe. Then send your Bitcoin to an address associated to one of the private keys. To access your Bitcoin later, use these instructions: https://en.bitcoin.it/wiki/How_to_import_private_keys.
2. Alternatively: Use a safe password for your wallet.dat and store the file securely at a remote location. Then avoid unlocking it with the computer you use for daily work.
3. If you want to lock your funds for a specified time span you can use the CheckLockTimeVerify feature of Bitcoin core. You can read about that here: https://bitcoinmagazine.com/articles/checklocktimeverify-or-how-a-time-lock-patch-will-boost-bitcoin-s-potential-1446658530
ya.ya.yo!
July 21, 2016, 09:08:47 AM
You can use something like OP_CHECKLOCKTIMEVERIFY, I think this is useful to lock funds until x time has passed, then it unlocks automatically. I don't know how that works. They should add those cool options in the bitcoin core GUI because the console commands are too scary for me.
July 21, 2016, 07:42:44 AM
I believe people elsewhere are concerned too.
The easiest way is using a third party to secure your funds. I won't recommend anyone or anything since this would be the riskiest method. Is there a way to lock my wallet so that no one can hack my wallet and take out the money,
If you use the private key on an infected computer, it would guaranteed to be hacked, applies for a service too. Use a cold storage to store your funds to be extremely secure
even myself included. That way, it can be secure and I would be happy from being afraid of scam. Thank you.
Usually people ask this to lock their funds for saving or from gambling etc. Different for everyone.But you can generate a multisig address that requires 2 of 3 keys, giving 2 of the keys to family members/someone very trustable and make sure that they don't lose it. The 2 person holding onto the keys must be trustable or they can potentially steal the funds by signing the transaction using both of their keys.
July 21, 2016, 07:37:45 AM
I believe people elsewhere are concerned too. Is there a way to lock my wallet so that no one can hack my wallet and take out the money, even myself included. That way, it can be secure and I would be happy from being afraid of scam. Thank you.
Yes. You can password protect the wallet.dat file, copy it to a memory stick and ship it to someone you trust with instructions to ship it back in one month. Then use a secure delete to remove all traces of your wallet from the computer.
July 21, 2016, 07:34:11 AM
I believe people elsewhere are concerned too. Is there a way to lock my wallet so that no one can hack my wallet and take out the money, even myself included. That way, it can be secure and I would be happy from being afraid of scam. Thank you.
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