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Is that actually true? I don't follow cryptocurrency that closely but I seem to remember headlines of a site shutting down and something like a million BTC disa
by freehunter 8y ago
Is that actually true? I don't follow cryptocurrency that closely but I seem to remember headlines of a site shutting down and something like a million BTC disappearing forever and people never got it back.
- Trias11 8y agoThe key is not relying on any exchange/entity to hold your cryptofunds. There are software solutions (such as electrum master public keys) that can be used to dynamically generate “pay to” bitcoin addresses against your own bitcoin wallet without exposing you to any hacking risks.
- genghisjahn 8y agoThat’s right grandpa! Just generate an electrum master public key and you’re all set!
- Trias11 8y agoCreate Electrum wallet. Generate MPK. MPK allows you to generate unlimited number of bitcoin addresses that belongs to your wallet. There are softwares that do that.
- deleted 8y ago[deleted]