Topic: VTC Security Issues (Read 565 times)
It can be done with any Satoshi based coin, seeing as all you need is a private key to spend your coins. I'm assuming you can't code, so here: http://paperwallet.vertcoin.org/
How so?
I posted this earlier on the Vertcoin thread, but still no response- I would love some help on this issue as well!
Can anyone shed any light on how to safely store VTC for the long term? Since VTC is so new, any wallet research I can find for things such as brainwallet.org does not list VTC yet among their coin options for creating wallet address with phrases. One tutorial I saw on youtube seemed very solid, and utilized the idea of booting your computer from disc or USB using Ubuntu as a temp OS in order to create your wallet and security info- so that computer and internet were removed from the equation. (but I think it was only for BTC) Other than backing up my VTC client wallet to USB, and also encrypting with a pass phrase- that is all I can see so far. Not a big concern now, but it could be an issue down the line since I plan to sit on my mining efforts for the long haul. Please let me know what anyone else out there is doing regarding security- I have only been in the mining game for about 6 weeks!
I am interested in buying some vtc, but i would like to know how I can secure it. IF i was to purchase form a poloniex, cryptsy or some other exchange how would i secure my coins? Im used to storing btc offline in paper wallets, can this be done with vtc? What is the safest way to store vtc? I sure as hell don't want to be storing it on any exchanges.
Jump to: