what wallet to use? | Bitcointalksearch.org

Barek

full member

Activity: 168

Merit: 100

Quote from: blo8i on December 03, 2013, 08:54:06 AM

Quote from: Barek on December 03, 2013, 08:44:17 AM

The point of a paper backup is that you can quickly verify that it is still good. If you can read it, you can access the coins.

This is not that easy with digital media. How can you be sure that you can still read the data after long periods of time?

i can see your point, i might have to reconsider

Some more explanation here: https://bitcoinarmory.com/about/armory-backups-are-forever/

If you don't like Armory (because it needs the full blockchain), I bet Electrum (light client) can do something similar. I just happen to know the links for Armory.

Also make sure you know how to restore your wallet from the paper backup. Some nice writeup on that topic here (https://bitcoinarmory.com/about/using-our-wallet/) in the "I'm Scared" section.

blo8i

hero member

Activity: 960

Merit: 502

Quote from: Barek on December 03, 2013, 08:44:17 AM

The point of a paper backup is that you can quickly verify that it is still good. If you can read it, you can access the coins.

This is not that easy with digital media. How can you be sure that you can still read the data after long periods of time?

i can see your point, i might have to reconsider

Should i use the "brain wallet" or just the random??? what would be the safest?

Barek

full member

Activity: 168

Merit: 100

The point of a paper backup is that you can quickly verify that it is still good. If you can read it, you can access the coins.

This is not that easy with digital media. How can you be sure that you can still read the data after long periods of time?

RoxxR

full member

Activity: 209

Merit: 148

Quote from: blo8i on December 02, 2013, 02:44:57 PM

i just dont like the idea of that you need to redeem your coins before each use.

What? You actually to do that for any payment, paper wallet or not.

devthedev

legendary

Activity: 1050

Merit: 1004

Quote from: blo8i on December 02, 2013, 02:44:57 PM

i just dont like the idea of that you need to redeem your coins before each use.

A lot of times I think the same thing, but we have to think of Bitcoin in the long term.

blo8i

hero member

Activity: 960

Merit: 502

i just dont like the idea of that you need to redeem your coins before each use.

grue

legendary

Activity: 2058

Merit: 1452

Quote from: blo8i on December 02, 2013, 02:30:30 PM

i don't like the whole paperwallet idea.

why not? a paper wallet never goes out of date

blo8i

hero member

Activity: 960

Merit: 502

i knwo this question might be stupid or what not, but i have to ask.

i want to store a x amount of bitcoins on my wallet, and hide it from myself. so i was thinking about some options.

1. Download the standard "BItocin-Qt" wallet on a clean PC, transfer the wallet to a USB and save a wallet address that i can use to deposit from my main PC.
and in 4years plug in my USB and use the wallet i transfered to it?

2. Download a wallet app for a Cheap tablet or smartphone and only use it for that, save a deposit address. and use the tablet/smartphone as a more portable wallet when the time comes.

so my questions is, if i go with the smartphone app solution, can i rist that the app gets "out of date" or can the developer do something wrong, so i cant use my coins in 4 years?

what would you do?

i don't like the whole paperwallet idea.

Topic: what wallet to use? (Read 550 times)