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Topic: Paper Wallets - page 3. (Read 2191 times)

hero member
Activity: 910
Merit: 1000
February 11, 2016, 11:59:16 PM
#11
My opinion about paper wallet is save from hacker but it is dangerous from fire and human error are like forget put the wallet, rate  attack and another mistake  Grin

it is not dangerous if you have several copies of it stored in different safe places like what i did to my paper wallet Smiley
hero member
Activity: 966
Merit: 552
February 11, 2016, 11:54:08 PM
#10
My opinion about paper wallet is save from hacker but it is dangerous from fire and human error are like forget put the wallet, rate  attack and another mistake  Grin
legendary
Activity: 3472
Merit: 10611
February 11, 2016, 11:45:32 PM
#9
Are paper wallets really secure?

paper wallets are not something magical that can keep your bitcoin safe. they are private keys written (printed) on a piece of paper. so if you create the private key in a safe way (right code and on a clean computer) and then encrypt it before printing, then it is safe.

Quote
I want to hold some BTC and I want o secure the best way I can.
Besides paper wallets what other options do I have?

if you want to spend money, you can use hardware wallets like trezor.
if you don't want to spend money (spend a little money) you can buy a USB disk like me and create a live linux with Electrum on it and set it so it will never connect to internet and that would be your hardware wallet.
hero member
Activity: 812
Merit: 1000
February 11, 2016, 10:26:20 PM
#8
Are paper wallets really secure?
I want to hold some BTC and I want o secure the best way I can.
Besides paper wallets what other options do I have?
I use paper wallet generated automatically by website. Im feeling pretty safe.
Paper wallet advantage is that you can hide it in book and its really hard to find by someone random.

Paper wallets are secure only if you take the proper precautions before printing them, the whole process should be done on an offline computer which stays offline or an air gapped OS.

Other than that you should encrypt them to protect from someone else using them and you also need to make sure you keep the paper safe from any degradation.

Electrum can be used to keep funds in a cold storage too and it is also very safe, and only thing you have to remember is your Seed.
hero member
Activity: 798
Merit: 722
February 11, 2016, 09:11:33 PM
#7
Are paper wallets really secure?
I want to hold some BTC and I want o secure the best way I can.
Besides paper wallets what other options do I have?
I use paper wallet generated automatically by website. Im feeling pretty safe.
Paper wallet advantage is that you can hide it in book and its really hard to find by someone random.

I hope you trust that website 100% to not store a copy of your private keys...

And hope no hacker gets into their database because they almost certainly have a copy...

The info is also transmitted across the internet, which could get intercepted...
legendary
Activity: 1456
Merit: 1000
February 11, 2016, 08:59:52 PM
#6
Paper wallets are highly secure. This can be used to retain your account when you have lost everything due to some file corruption. The process behind the paper wallet system also very simple.

Hardware wallets can be highly secure aswell.  Keep in mind when you do one most give you seeds to put on pater and store safely (I prefer safety deposit box).

On paper wallets make sure computer is secure, and not compromised. Also he older and dumber the printer the better.  If a new printer look how to reset cache to get rid of paper wallet in cache of printer.  Paper wallets can be very secure but you have to make it in a secure way.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 11, 2016, 04:15:33 PM
#5
Paper wallets are highly secure. This can be used to retain your account when you have lost everything due to some file corruption. The process behind the paper wallet system also very simple.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
February 11, 2016, 02:59:20 PM
#4
A paper wallet is really convenient if you want to deposit, but it's really annoying to withdraw from. While you're creating it, a hacker could screen capture the privkey, be your computer connected to the internet or not.

I use a HW.1 hardware wallet, because it's convenient and highly secure
legendary
Activity: 2296
Merit: 1014
February 11, 2016, 01:55:01 PM
#3
Are paper wallets really secure?
I want to hold some BTC and I want o secure the best way I can.
Besides paper wallets what other options do I have?
I use paper wallet generated automatically by website. Im feeling pretty safe.
Paper wallet advantage is that you can hide it in book and its really hard to find by someone random.
hero member
Activity: 1036
Merit: 501
February 11, 2016, 01:35:13 PM
#2
I heard they are the most safe of all wallets. Except fire or whatever problems your house hit.
sr. member
Activity: 412
Merit: 250
February 11, 2016, 01:27:44 PM
#1
Are paper wallets really secure?
I want to hold some BTC and I want o secure the best way I can.
Besides paper wallets what other options do I have?
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