PAPER WALLET | Bitcointalksearch.org

Little Mouse

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Quote from: Evilish on January 19, 2021, 01:05:28 PM

Any modern wallet will generate a 12-24 words seed for you.

That's not what OP is looking for exactly and that can't be called a paper wallet actually. You can call it cold wallet if you are doing everything offline and keeping the device offline too.
It’s not that hard to generate paper wallet too, and that's good practise of course.

hatshepsut93

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Quote from: NeuroticFish on January 20, 2021, 09:12:02 AM

I advise against old-fashion paper wallet i.e. private key+address. At least a seed should be easier to handle.

I second this, using a wallet like Electrum and storing your seed on paper is much better than printing out private keys, it's much simpler to use, more secure, prevents address reuse, gives you as many address as you want. I wish articles and blog posts stopped recommending users to make a paper wallet and instead taught them about cold storage setup as a free alternative to hardware wallets.

NeuroticFish

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I advise against old-fashion paper wallet i.e. private key+address. At least a seed should be easier to handle.
If OP understands tech, I think that most valid ides are already in this thread: Please critique my paper-wallet creation steps
If OP doesn't understand what's explained in that thread, I recommend considering a hardware wallet.

Quote from: Novatech8 on January 20, 2021, 09:02:05 AM

I don't trust online paper wallet generators because there may be a leak on the website, I heard it's possible to generate paper wallet offline? That will be safest option but honestly hardware wallets are safer

All honest paper wallet generators offer the option to download and run locally. Of course, just running it locally is not enough, it should be offline and also all traces should be removed before going online.
Although it's a seed generator and you have to understand what you are doing, I'd use https://iancoleman.io/bip39/ or actually I'd copy https://github.com/iancoleman/bip39 ...

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Quote from: testbug on January 20, 2021, 08:53:18 AM

Quote from: TheBeardedBaby on January 20, 2021, 06:00:12 AM

Quote from: mk4 on January 19, 2021, 10:27:44 PM

Probably a unpopular opinion:

If you don't know how to confidently create a paper wallet securely, using a paper wallet might not be a great option. Getting a cheap hardware wallet(Ledger Nano S/Trezor One) is a far more secure option for the typical beginner. There's just a good number of ways while generating the paper wallet that could completely mess up your security.

In addition to that, NEVER BUY A USED HARDWARE WALLET, NEVER!! Only buy then from the official website/store of the wallet producer to be sure that nobody made any tweaks on it. Even if you buy a small amount of coins it's worth it to keep it in a wallet.
For example if you bought a 300$ worth of bitcoin when the price was around 3000$ in 2019. Now this 0.1BTC cost approx ~3500$. What will cost in 5 -10 years, nobody knows.

You are right, buying used hardware wallets is like buying a new house with the owner still keeping the keys for it.
As for a paper wallet: you could simply export your private key, print it and store it in a safe plase. Or do you need QR Code for receiving coins?
As paper an be destroyed you could also engrave it in to a metal plate, there are "metal plate kits" for bitcoin/crypto wallets on amazon and co.

It depends on where you generates the paper wallet, I don't trust online paper wallet generators because there may be a leak on the website, I heard it's possible to generate paper wallet offline? That will be safest option but honestly hardware wallets are safer

testbug

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Quote from: TheBeardedBaby on January 20, 2021, 06:00:12 AM

Quote from: mk4 on January 19, 2021, 10:27:44 PM

Probably a unpopular opinion:

If you don't know how to confidently create a paper wallet securely, using a paper wallet might not be a great option. Getting a cheap hardware wallet(Ledger Nano S/Trezor One) is a far more secure option for the typical beginner. There's just a good number of ways while generating the paper wallet that could completely mess up your security.

In addition to that, NEVER BUY A USED HARDWARE WALLET, NEVER!! Only buy then from the official website/store of the wallet producer to be sure that nobody made any tweaks on it. Even if you buy a small amount of coins it's worth it to keep it in a wallet.
For example if you bought a 300$ worth of bitcoin when the price was around 3000$ in 2019. Now this 0.1BTC cost approx ~3500$. What will cost in 5 -10 years, nobody knows.

You are right, buying used hardware wallets is like buying a new house with the owner still keeping the keys for it.
As for a paper wallet: you could simply export your private key, print it and store it in a safe plase. Or do you need QR Code for receiving coins?
As paper an be destroyed you could also engrave it in to a metal plate, there are "metal plate kits" for bitcoin/crypto wallets on amazon and co.

TheBeardedBaby

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Quote from: mk4 on January 19, 2021, 10:27:44 PM

Probably a unpopular opinion:

If you don't know how to confidently create a paper wallet securely, using a paper wallet might not be a great option. Getting a cheap hardware wallet(Ledger Nano S/Trezor One) is a far more secure option for the typical beginner. There's just a good number of ways while generating the paper wallet that could completely mess up your security.

In addition to that, NEVER BUY A USED HARDWARE WALLET, NEVER!! Only buy then from the official website/store of the wallet producer to be sure that nobody made any tweaks on it. Even if you buy a small amount of coins it's worth it to keep it in a wallet.
For example if you bought a 300$ worth of bitcoin when the price was around 3000$ in 2019. Now this 0.1BTC cost approx ~3500$. What will cost in 5 -10 years, nobody knows.

mk4

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Probably a unpopular opinion:

If you don't know how to confidently create a paper wallet securely, using a paper wallet might not be a great option. Getting a cheap hardware wallet(Ledger Nano S/Trezor One) is a far more secure option for the typical beginner. There's just a good number of ways while generating the paper wallet that could completely mess up your security.

ranochigo

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Quote from: seoincorporation on January 19, 2021, 01:14:41 PM

You should try with vanity gen and offline machine, you can get the software in the next link:

https://en.bitcoin.it/wiki/Vanitygen

Step 1: Download the software
Step 2: Install it on a virtual machine
Step 3: Save the private keys under zip with a password.

That's the secure way to do it.

You're generating a private key, not a paper wallet. You can just do it by downloading Bitcoin Core.

OP, take note of the phishing sites. It is not sufficient to just load the webpage and disconnect your internet connection. Bitaddress doesn't generate any Segwit address type and you can't get the benefits of Segwit when you're using their paper wallet. I'm not aware of any wellknown segwit paper wallet generators though. Depending on your use case, you can explore airgapped wallets as well.

seoincorporation

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Quote from: Exxpinete on January 19, 2021, 12:48:53 PM

hi there!
any hint on creating a secure paper wallet? I mean really secure.

You should try with vanity gen and offline machine, you can get the software in the next link:

https://en.bitcoin.it/wiki/Vanitygen

Step 1: Download the software
Step 2: Install it on a virtual machine
Step 3: Save the private keys under zip with a password.

That's the secure way to do it.

BlackHatCoiner

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Yes there is. You firstly download the bitaddress.org github release which is an open source javascript client-side paper wallet generator. You format the computer that will generate the addresses (a garbage laptop will do). After that, you will import the files there. It is recommended not to be connected to the internet while you're doing all these. Actually it's mandatory if we want full security.

OFF-TOPIC: ON
Whether you know it or not, I have to tell you that you can do the same thing for iancoleman.io/bip39 with a 12-words mnemonic. Then you can have access to as many addresses as you want by only storing one paper.

Evilish

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Any modern wallet will generate a 12-24 words seed for you. Copy that seed and the address down on paper and that will technically be a paper wallet. Do seed generation on an offline machine and add a passphrase to ensure maximum security.

You could also print your wallet address down as a QR code if you're feeling fancy.

OmegaStarScream

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Take a look here: https://99bitcoins.com/bitcoin-wallet/paper/

In addition to the "creation" process that is explained above, you should make sure to use a very strong password and also hide the paper in a safe place.

Exxpinete

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hi there!
any hint on creating a secure paper wallet? I mean really secure.

Topic: PAPER WALLET (Read 204 times)