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how to create paper wallet
ToughMiko:
But why do you need paper wallet? Use hardware wallet it more comfortable for using.
crypterum:
Try cold storage)
emma.lee1890:
--- Quote from: roboticmhd on December 27, 2017, 11:21:51 AM ---Hi, I am new here. I have been in crypto world for a month, but only trading on exchange sites. Now I want to go more technical and I have a lot of questions. Hope there are technical people here who have understanding of how crypto works under the hood.
My first question is: How create a paper wallet manually (not using any website or programs), using a paper and pencil. If during this process I need to use sha256() function to calculate hash of something I can do that using a program or advanced calculator that has such function, that is not problem.
How to create paper wallet manually ? I want to know what is means to have a wallet, minimalistically.
--- End quote ---
What is printed on the paper wallet are the private and public keys, usually in QR form, with the latter also serving as the address. You could just copy and paste the keys onto a text document and print that out (erasing the copy on the computer afterwards). Or you could use one of the free web services that generate the printable wallet for you. The key generation is usually done in your browser, so they are never transmitted on the internet. To be safe, you should clear your browser after printing. And never store an image of the paper wallet on your computer or phone.
emma.lee1890:
--- Quote from: ToughMiko on June 05, 2018, 09:33:51 AM ---But why do you need paper wallet? Use hardware wallet it more comfortable for using.
--- End quote ---
paper wallet services have a nifty design that you can cut, fold and seal, making them a lightweight and relatively secure form of storing bitcoin offline. You send your bitcoin to the public address displayed on the wallet, and then store it in a secure place.
emma.lee1890:
Even with paper wallets, you can check your balance at any time using blockchain.info (just type your public key into the search box). And most online wallets allow you to import your paper wallet data. To spend those bitcoin, you will be asked to type in the private key information, or scan the private key QR code (sometimes called the "spend" QR code).
Some good paper wallet generators:
Bitaddress.org and Walletgenerator.net are open-source random address and key generators that uses your browser's JavaScript engine, so no keys are sent over the internet.
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