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Topic: Paper wallet (Read 710 times)

hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
June 21, 2015, 10:43:33 AM
#9
A paper wallet is private key(s) printed or written in a paper. Most times, private keys will be generated in an offline computer for making it super-secure and then printed. Printing via wifi is not secure.

P.S. You can use https://www.bitaddress.org/ to create paper wallet. Don't do it online. Download webpage(.zip file) and then generate private keys from an offline computer and print it.


I see. Question, can i use mycelium to generate address and get the private key, write it on paper and delete the address and key from mycelium?

No. AFAIK Mycelium is HD wallet and it does not have any option to export private keys of certain addresses. You can only export master public key(MPK) or master private key(MPR aka seed).

no you are wrong, i can get private key on mycelium Smiley i think it is on updated Mycelium wallet app

I checked and I found you can't export private key per address basis in HD account. You maybe talking about imported addresses. CMIIW.
hero member
Activity: 504
Merit: 500
June 21, 2015, 07:10:03 AM
#8
A paper wallet is private key(s) printed or written in a paper. Most times, private keys will be generated in an offline computer for making it super-secure and then printed. Printing via wifi is not secure.

P.S. You can use https://www.bitaddress.org/ to create paper wallet. Don't do it online. Download webpage(.zip file) and then generate private keys from an offline computer and print it.


I see. Question, can i use mycelium to generate address and get the private key, write it on paper and delete the address and key from mycelium?

No. AFAIK Mycelium is HD wallet and it does not have any option to export private keys of certain addresses. You can only export master public key(MPK) or master private key(MPR aka seed).

no you are wrong, i can get private key on mycelium Smiley i think it is on updated Mycelium wallet app
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
June 21, 2015, 06:47:16 AM
#7
A paper wallet is private key(s) printed or written in a paper. Most times, private keys will be generated in an offline computer for making it super-secure and then printed. Printing via wifi is not secure.

P.S. You can use https://www.bitaddress.org/ to create paper wallet. Don't do it online. Download webpage(.zip file) and then generate private keys from an offline computer and print it.


I see. Question, can i use mycelium to generate address and get the private key, write it on paper and delete the address and key from mycelium?

No. AFAIK Mycelium is HD wallet and it does not have any option to export private keys of certain addresses. You can only export master public key(MPK) or master private key(MPR aka seed).
hero member
Activity: 630
Merit: 502
June 21, 2015, 06:34:54 AM
#6
A paper wallet is private key(s) printed or written in a paper. Most times, private keys will be generated in an offline computer for making it super-secure and then printed. Printing via wifi is not secure.

P.S. You can use https://www.bitaddress.org/ to create paper wallet. Don't do it online. Download webpage(.zip file) and then generate private keys from an offline computer and print it.


I see. Question, can i use mycelium to generate address and get the private key, write it on paper and delete the address and key from mycelium?
It works too. You can directly use the backup feature available in the app but remember the decryption key. It's quite long. You can spend it by using the cold storage feature in the app. Also, it isn't as secure as an offline computer since you would be exposing your phone to the online google play which MIGHT download additional malwares.
hero member
Activity: 504
Merit: 500
June 21, 2015, 06:23:59 AM
#5
A paper wallet is private key(s) printed or written in a paper. Most times, private keys will be generated in an offline computer for making it super-secure and then printed. Printing via wifi is not secure.

P.S. You can use https://www.bitaddress.org/ to create paper wallet. Don't do it online. Download webpage(.zip file) and then generate private keys from an offline computer and print it.


I see. Question, can i use mycelium to generate address and get the private key, write it on paper and delete the address and key from mycelium?
hero member
Activity: 686
Merit: 500
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June 21, 2015, 05:33:39 AM
#4
Can anyone explain what exactly a paper wallet and how it works?

Storing your bitcoin into physical document, of course is secure from malware or ect haha. Usually most people used for gift.
More details: https://en.bitcoin.it/wiki/Paper_wallet


~iki
tyz
legendary
Activity: 3360
Merit: 1533
June 21, 2015, 05:26:56 AM
#3
There is a good Bitcoin wiki entry for paper wallet topic. Just take a look at https://en.bitcoin.it/wiki/Paper_wallet
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
June 21, 2015, 05:24:48 AM
#2
A paper wallet is private key(s) printed or written in a paper. Most times, private keys will be generated in an offline computer for making it super-secure and then printed. Printing via wifi is not secure.

P.S. You can use https://www.bitaddress.org/ to create paper wallet. Don't do it online. Download webpage(.zip file) and then generate private keys from an offline computer and print it.
hero member
Activity: 504
Merit: 500
June 21, 2015, 05:17:46 AM
#1
Can anyone explain what exactly a paper wallet and how it works?
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