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Topic: What is the best encryption for wallet.dat storage and backup? - page 2. (Read 2540 times)

CoinCidental

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Si vis pacem, para bellum

Quote from: tclo on December 23, 2013, 10:30:19 AM

Quote from: empoweoqwj on December 23, 2013, 09:21:22 AM

Quote from: bitpop on December 23, 2013, 08:56:15 AM

He has a prejudice

Maybe he has reason, let's not jump to conclusions. It could be for the part of his bitcoins he wants ready access to.

.

But maybe I will go with TrueCrypt/PGP combo. I don't think I would add winzip on top of that. But I love PGP virtual disks and use them all the time anyway. So put a TrueCrypt container in one of those and I should be ok, as long as I don't get tripped up by some kind of virus/keylogger, which i suppose is always a possibility.

use the armoury client and it has an option that puts a virtual keyboard on your screen so theres no possibility of being keylogged
clicking the keys with a mouse

bitpop

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I encrypt my paper wallet and leave the actual paper next to a shredder.

tclo

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Quote from: empoweoqwj on December 23, 2013, 09:21:22 AM

Quote from: bitpop on December 23, 2013, 08:56:15 AM

He has a prejudice

Maybe he has reason, let's not jump to conclusions. It could be for the part of his bitcoins he wants ready access to.

Yes I do want quick access to all my bitcoins at all times. If there is some kind of catastrophic news that tanks the price, I want to be able to get out or at least have a chance. And I will add that the price of BTC has gotten cut in half, but I am actually up in BTC "net worth" since the drop from 1200+ to 600. I'm a trader by nature.

Plus paper wallets seem too insecure to me as it's still a physical piece of paper that someone can potentially get access to. With software wallet, you can encrypt and as long as you secure the pw, then one one is getting in there, as long as the encryption holds.

And yes I do have a pw on my Multibit wallet, but that seems weak and anyone can still open it easily and see how much BTC I have even if they can't spend the funds without the pw or private key.

But maybe I will go with TrueCrypt/PGP combo. I don't think I would add winzip on top of that. But I love PGP virtual disks and use them all the time anyway. So put a TrueCrypt container in one of those and I should be ok, as long as I don't get tripped up by some kind of virus/keylogger, which i suppose is always a possibility.

CoinCidental

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Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: empoweoqwj on December 23, 2013, 09:26:43 AM

Quote from: CoinCidental on December 23, 2013, 09:21:45 AM

Quote from: tclo on December 22, 2013, 08:39:38 AM

I would like to encrypt my wallet.dat file on my PC and flash drive, etc. What is the best encryption to use for it? I have PGP Desktop Encryption and know about TrueCrypt as well. I guess I could use both of these together or are there other ideas. Thanks.

(And I am not considering a paper wallet, so please don't go off on a tangent about those.)

if you have a strong enough password on the wallet you should be ok

https://www.grc.com/passwords.htm

"4gR(68Z73.T/yS6oa=nf

The question was intended towards which encryption program could be trusted, not who could invent the longest password.

truecrypt and winzip and pgp desktop have already been suggested but no harm in making the wallet.dat as difficult to crack as possible imo

empoweoqwj

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Quote from: CoinCidental on December 23, 2013, 09:21:45 AM

Quote from: tclo on December 22, 2013, 08:39:38 AM

if you have a strong enough password on the wallet you should be ok

https://www.grc.com/passwords.htm

"4gR(68Z73.T/yS6oa=nf

The question was intended towards which encryption program could be trusted, not who could invent the longest password.

CoinCidental

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Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: tclo on December 22, 2013, 08:39:38 AM

if you have a strong enough password on the wallet you should be ok

https://www.grc.com/passwords.htm

"4gR(68Z73.T/yS6oa=nf

empoweoqwj

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Quote from: bitpop on December 23, 2013, 08:56:15 AM

He has a prejudice

Maybe he has reason, let's not jump to conclusions. It could be for the part of his bitcoins he wants ready access to.

bitpop

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He has a prejudice

empoweoqwj

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Quote from: Cryptolator on December 22, 2013, 08:21:02 PM

Quote from: tclo on December 22, 2013, 08:39:38 AM

Out of curiosity, why don't you go with cold storage options ?

I think the "please don't go off on a tangent about those" was a hint we should only discuss encryption methods

Cryptolator

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Quote from: tclo on December 22, 2013, 08:39:38 AM

Out of curiosity, why don't you go with cold storage options ?

bitpop

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Zip then encfs then truecrypt then zip and keep going.

dasource

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TrueCrypt to manage it is simple .... then its up-to you to choose the encryption and hash....

cr1776

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Quote from: tclo on December 22, 2013, 08:39:38 AM

Beware stuff from RSA after the potential news last week about selling weaknesses to the NSA for $10 million.

empoweoqwj

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Quote from: tclo on December 22, 2013, 08:39:38 AM

TrueCrypt has a good reputation, but I know a top security guy is currently auditing it, and I've not seen the results yet.

Hard to trust anything these days ....

tclo

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