Topic: paper wallet (Read 779 times)
This has been a really helpful post, thanks for the explanations!
Download a reliable offline javascript bitcoin address generator. I print these public addresses next to a QR code for sending my address to others or easily checking the balance with my phone.
I encrypt the private key with AES-128 with a pretty long passphrase only I know. I print that on that same piece of paper with a corresponding QR code generated from it.
When I want to access that paper wallet saving address I scan that QR code and decrypt it with a client-side AES-128 decrypter. Theres my private key to redeem on Mt. Gox, wallet clients or wherever.
It makes stealing even your paper wallets useless, I don't leave my private keys naked anywhere.
I encrypt the private key with AES-128 with a pretty long passphrase only I know. I print that on that same piece of paper with a corresponding QR code generated from it.
When I want to access that paper wallet saving address I scan that QR code and decrypt it with a client-side AES-128 decrypter. Theres my private key to redeem on Mt. Gox, wallet clients or wherever.
It makes stealing even your paper wallets useless, I don't leave my private keys naked anywhere.
If I print my bitcoins, it can still be stolen by hackers?
That depends on the process you use to print them.
If done properly, then the only way for anyone to steal or spend the bitcoins is if they have access to the paper that the private key is printed on.
Here's a video that shows how to securely create a paper wallet.
http://bitcoinagents.com/creating-a-secure-offline-bitcoin-paper-wallet-with-bitaddress-org/
http://bitcoinagents.com/creating-a-secure-offline-bitcoin-paper-wallet-with-bitaddress-org/
I never know this is even possible. This is amazing. Thanks great info.
tnx very much to all 
You can generate as many addresses as you like with something like bitaddress.org. Then simply send BTC to the public half of the generated address.
Make sure the private half of the generated addresses stays secure and secret.
When you want to spend them, you may import the private address into any number of wallet programs, including blockchain.info, and then send the BTC wherever you like.
Make sure the private half of the generated addresses stays secure and secret.
When you want to spend them, you may import the private address into any number of wallet programs, including blockchain.info, and then send the BTC wherever you like.
I've bought btc as mtgox.
How is the procedure to transfer part of them to a paper wallet? Where I get the private key?
How is the procedure to transfer part of them to a paper wallet? Where I get the private key?
Actually, you do not need (paper wallet's) private key for sending BTC into it. You need only paper wallet's address (which is actually hashed public key in Base58 format). Private key is needed only when you want to spend something from paper wallet.
I've bought btc as mtgox.
How is the procedure to transfer part of them to a paper wallet? Where I get the private key?
How is the procedure to transfer part of them to a paper wallet? Where I get the private key?
Actually, you do not need (paper wallet's) private key for sending BTC into it. You need only paper wallet's address (which is actually hashed public key in Base58 format). Private key is needed only when you want to spend something from paper wallet.
There are a few different ways to do it. One of the easiest is with the blockchain.info tool: https://blockchain.info/wallet/paper-tutorial
I've bought btc as mtgox.
How is the procedure to transfer part of them to a paper wallet? Where I get the private key?
How is the procedure to transfer part of them to a paper wallet? Where I get the private key?
Jump to: