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Can you then please provide specific, step-by-step steps, for turning online BTC (in say, Coinbase or MtGox) into an offline, printed, "paper wallet"? Thanks.
by reaclmbs 14y ago
Can you then please provide specific, step-by-step steps, for turning online BTC (in say, Coinbase or MtGox) into an offline, printed, "paper wallet"?
Thanks.
- drivebyacct2 14y agoThis isn't "perfect" in my mind, but it's close: https://blockchain.info/wallet/paper-tutorial https://blockchain.info/wallet/paper-tutorial I like BlockChain. There's still an amount of trust and I can think of ways it could be compromised, but they do a pretty good job architecturally of preventing your loss in the case they're compromised (well, depends on how they're compromised) Anyway, those instructions will give you a secure paper wallet and an account that will enable you to still check your balance through blockchain.info. (Note, this method keeps your private keys on the paper wallet, and the public key with Blockchain which enables balance checking but prevents compromise via blockchain.info)
- eric_bullington 14y agoAgreed. As a long-time Bitcoin participant, I'm very impressed with blockchain.info They're by far the securest online wallet. The problem is, most people aren't able to distinguish between what blockchain has set up and something like instawallet.