/SorryForYourLoss is a place to showcase the top minds of bitcoin (and cryptocurrencies) failing to secure their precious internet money properly. It's a memorial for the countless incidents of thefts, scams, hacks, goxxes, .. etc.
Is there a method of cold storage for bitcoins and other altcoins on a usb
Sorry in advance if this is being asked in the wrong place - I'm looking for a solution where I can put some bitcoin, ether, monero, maidsafe and dash into some form of bag holding storage. Is there anyway that I would be able to get all of these currencies onto a USB for me to keep safe and not touch (which would be cold storage?) My only experience are electrum wallets I run off a tails usb with a very strong password stored in keypass. Any help would be appreciated
[ Bitcoin ] Help -I’m just looking for the cheapest option to store my bitcoin and Monero on the same cold storage device !
[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by OmwtoproMycolagist [link]
Help -I’m just looking for the cheapest option to store my bitcoin and Monero on the same cold storage device !
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Project: My own bank: Cold storage without proprietary hardware
Hi all, I am playing with the thought of setting up a cold storage for bitcoin using a multisig wallet. The objective is to have BTC under own control (not on an exchange!) but minimize risk of 'own storage' and keeping the thing manageable with intermediate knowledge. The whole thing should run without BTC proprietary hardware like trezors, it should run on 'regular hardware'. It seems the following approach could work: - multisig electrum wallet - one wallet completely offline on airgapped device - electrum private server connected through vpn and firewalls with separate ip, different to home network What are your thoughts on these points: - electrum a good choice regarding usability, or even the only choice if multisig wallet needed? - electrum having limited privacy without own server; setting up a new (electrum?) server as own node (which is a shame as I have a functioning bitcoin full node). Is there a way to get electrum or another desktop wallet with multisig support running with a regular full node ? - own node to verify own transactions and to avoid disclosing wallet balances to unknown servers - the offline machine will need updating at some stage if new versions of electrum are out (??) how to go about this - keeping software and setup overall robust long term (many years - where it's possible to re-install the wallet, replace its hardware) -- syd
Bitcoin cold storage might sound like storing your cryptocurrency inside of a fridge, but the reality is quite different.. When it comes to cryptos, hot and cold storages refer to the wallets that hold them. There are many different ways to store your Bitcoin (or any other cryptocurrency at that), so it might be confusing as to which methods are the best and which are the worst, especially if ... A better bitcoin backup metal plate! Single plate design, 12 words per side. Quality steel cut and etched in Canada 🇨🇦. Etch marks chemically colored in black for better legibility. Designed to be small in size, only 5x3" (12.7x7.62cm) for better storage and concealment. Tough 2mm thick steel. Check out the picture gallery. Buy SEEDPLATE Cold storage, also known as a cold storage wallet, is the opposite of a hot wallet where your Bitcoin is kept online. Since Bitcoin is a digital asset, keeping them online increases your risk or attack surface for having your bitcoin stolen when kept online using a custodial service. By keeping your bitcoin in cold storage, your attack surface is greatly diminished. – Cold Storage bitcoin wallets are the most secure way to store your bitcoins. The term cold storage has been applied to certain types of bitcoin wallets when your private keys are created and stored in a secure offline environment. Cold storage can be on a hardware device that is not capable of connecting to the internet by itself or it can be information written down on paper. Basics of Bitcoin Wallets . Before we can understand cold storage, we must first explore the concept of a bitcoin wallet. For the cryptocurrency user, wallets function in a somewhat similar way to ...
How I make Cold Storage for Bitcoin Cash Same for Bitcoins In this clip I will show you how to make cold storage for Bitcoin and Bitcoin Cash. Music:Soft I... Bitcoin 101 - Intro to Paper Wallets & Cold Storage - Bitcoin Security & Fun with Sloppy Wallets - Duration: 26:57. CRI 114,261 views. 26:57. Best Ways To Store Your Bitcoin in 2019 - Duration: 8:09. https://coldstoragecoins.com #ColdStorageCoins #Bitcoin #Crypto In part 2 we built a cold storage system with an inexpensive netbook. In part 3 we learn how to use it. We'll step through an entire transaction as well as point out a few more security tips. The Crypto Dad shows you how to set up a cold storage wallet using the Electrum Bitcoin wallet. We go through creating an “air-gapped” computer with no conne...