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RE: How To: Import Paper Wallets & Beginners Guide to Wallets
Nice and useful post.
One thing I like to comment, on the new paper wallet creation process security
Someone may call me super paranoid, but simple network disconnect is not save enough for me. How I can be sure that there is no any Trojan bug hiding in my computer, lying quietly in the background, monitoring and logging literally everything what is slightly similar to the bitcoin url private keys? Which may then latter, maybe hours and days later, once the network access becomes available again, mail all my private keys in an eye blink to the attacker?
The way I do this is as follows:
- disconnect & disable ALL external connections from a PC. WiFi, Ethernet cable, Bluetooth, NFC, printers, external hard drives, memory cards. EVERYTHING !
- Turn off your PC
- Boot you PC from a bootable Linux DVD with a verified, trusted Linux ISO image. Bootable USB can be an option. But i prefer DVD since it is a lot more " write-protected"
- Double check the OS has no access to WIFI, network, printers, hard disk drives, etc
- Launch crypto-address creating tool. Can be for any coin, not only Bitcoin. Depends on what your needs are. Many different tools exist.
- Make sure you apply Private-key encryption by BIP38 method. Do it while you create address, if you can, not later. Use sufficiently long (22+ characters alphanumeric+special keys) password for your BIP38.
- Make sure nobody else can see your screen. And there are no any hidden video cameras behind you.
- Hit CREATE, and write down BIP38 encrypted private key on paper.
- Turn off your PC. Job is done
10.(optional) Send $1 mln worth of cryptos into your newly created crypto address, and announce a public challenge on FB or Steemit:
If you brake it - you take it
Then see how much interest and up-votes it will generate
:)
sounds secure enough now
Nice points for securing your investment. I use a separate machine for transactions and save all the keys encrypted with SHA-256 algorithm along with paper wallets to be on the safer side.
save the page that generates before generates the add of the bitcoin or ltc, or ether paper add... then using an usb with antivirus to transport to a computer that never touched the internet, if possible, an apple...there you will generate offline the address, yep, the page that generates works offline...than u print on your print that never touched a wifi conection via usb...thats it hahahhahahha when u need to import the private key to a wallet, u go to the offline computer, write the key, transport to another computer offline yet, put the key, then you conect the wifi and import the key and the btcs...at this point that you imported the key to a wallet, I would not use the paper wallet u imported the private key anymore....better creat another one... hahaha at least I use on this way... :)