Question about wallet | Bitcointalksearch.org

bcearl

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Quote from: foo on June 13, 2011, 04:11:20 AM

Quote from: bcearl on June 12, 2011, 01:34:32 PM

Quote from: foo on June 10, 2011, 05:17:09 PM

To have a secure "savings account" wallet, I would suggest installing Bitcoin inside a VirtualBox VM. That way any viruses on the host computer can't access the wallet. You only need to boot up the VM when you want to spend coins, you can receive them while Bitcoin isn't running, and check the balance on blockexplorer.com.

Bullshit. That will protect your viruses against Bitcoin, not the other way around.

Fuck you. Hey look, I can be a potty mouth too! Put a TrueCrypt drive inside the VM and I'd like to see the virus that gets at the wallet.dat...

Then it's only protected while the machine is not running. There is no advantage over a encrypted wallet file without VM.

foo

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Quote from: bcearl on June 12, 2011, 01:34:32 PM

Quote from: foo on June 10, 2011, 05:17:09 PM

To have a secure "savings account" wallet, I would suggest installing Bitcoin inside a VirtualBox VM. That way any viruses on the host computer can't access the wallet. You only need to boot up the VM when you want to spend coins, you can receive them while Bitcoin isn't running, and check the balance on blockexplorer.com.

Bullshit. That will protect your viruses against Bitcoin, not the other way around.

Fuck you. Hey look, I can be a potty mouth too! Put a TrueCrypt drive inside the VM and I'd like to see the virus that gets at the wallet.dat...

bcearl

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Quote from: foo on June 10, 2011, 05:17:09 PM

To have a secure "savings account" wallet, I would suggest installing Bitcoin inside a VirtualBox VM. That way any viruses on the host computer can't access the wallet. You only need to boot up the VM when you want to spend coins, you can receive them while Bitcoin isn't running, and check the balance on blockexplorer.com.

Bullshit. That will protect your viruses against Bitcoin, not the other way around.

bcearl

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Quote from: lonestranger on June 12, 2011, 01:11:34 PM

Another wallet question!:

If I want to create a wallet with one, single, unique bitcoin address to be used for long-term, deep-storage HOW do I do it? (Is this where I load bitcoin client onto a fresh computer and note the address given in "Your bitcoin address:"?) What then?

Then you can send money there. You only have to get the wallet online when you want to spend money from that wallet.

lonestranger

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Another wallet question!:

If I want to create a wallet with one, single, unique bitcoin address to be used for long-term, deep-storage HOW do I do it? (Is this where I load bitcoin client onto a fresh computer and note the address given in "Your bitcoin address:"?) What then?

lonestranger

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Quote from: ArdaXi on June 11, 2011, 02:29:25 AM

You can also backup using the RPC interface if you run it using -server.

Sorry, you lost me there.

ArdaXi

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Quote from: lonestranger on June 10, 2011, 09:41:48 PM

Question 3: Why are we advised to turn off the bitcoin client before copying wallet.dat?

Because otherwise it's possible that the client is writing to it as you're backing up. You can also backup using the RPC interface if you run it using -server.

2_Thumbs_Up

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Quote from: lonestranger on June 10, 2011, 09:40:47 PM

Quote from: 2_Thumbs_Up on June 10, 2011, 09:32:02 PM

It does so because it's recommended to use a new adress for every transaction. Your old adresses are still valid though.

Yes, but why?

Main reason is privacy.

If you only use one adress and that adress is somehow linked to your person, then every single transaction you ever made would be public. If an adress is compromised now, only a fraction of your activity will be known.

lonestranger

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Question 3: Why are we advised to turn off the bitcoin client before copying wallet.dat?

lonestranger

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Quote from: 2_Thumbs_Up on June 10, 2011, 09:32:02 PM

It does so because it's recommended to use a new adress for every transaction. Your old adresses are still valid though.

Yes, but why?

2_Thumbs_Up

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Quote from: lonestranger on June 10, 2011, 08:35:34 PM

Question 2: Why does the client create a new address every time I receive coins?

It does so because it's recommended to use a new adress for every transaction. Your old adresses are still valid though.

lonestranger

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I'm running 0.3.21-beta

MoonShadow

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Quote from: lonestranger on June 10, 2011, 09:15:43 PM

Quote from: MoonShadow on June 10, 2011, 09:09:43 PM

MtGox is not your wallet. It's a website.

No, I'm saying the "Your bitcoin address:" in my local client. The address changes each time I receive coins from Mt Gox.

Ah, must be a new thing. I've never noticed my older client changing the address without me explicitly telling it to do so.

Dude65535

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I think it only changes the first time you receive coins at a new address and only if the address that received the coins is still the one displayed. This is to encourage you to use a new address for each transaction. This improves both your ability to track where your bitcoins came from and also your privacy.

lonestranger

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Quote from: MoonShadow on June 10, 2011, 09:09:43 PM

MtGox is not your wallet. It's a website.

No, I'm saying the "Your bitcoin address:" in my local client. The address changes each time I receive coins from Mt Gox.

bitlotto

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Quote from: MoonShadow on June 10, 2011, 05:33:30 PM

No, because the client automaticly generates 100 keypairs for future use upon first boot.

I think there is a bug that this isn't the case? I think you have to receive or send something first then wait a while...I think?

MoonShadow

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Quote from: lonestranger on June 10, 2011, 08:54:25 PM

I'm pretty sure when I send coins from Mt Gox to my account the string in "Your Bitcoin address:" changes. You don't think so?

MtGox is not your wallet. It's a website.

lonestranger

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I'm pretty sure when I send coins from Mt Gox to my account the string in "Your Bitcoin address:" changes. You don't think so?

MoonShadow

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Quote from: lonestranger on June 10, 2011, 08:35:34 PM

Question 2: Why does the client create a new address every time I receive coins?

It doesn't. It creates a new address every time you send coins, or ask it to do so.

lonestranger

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Question 2: Why does the client create a new address every time I receive coins?

Topic: Question about wallet (Read 3512 times)