![]() Manufacturer puts that in a giant, unsecure database with everybody else, creating a honeypot for thieves. When you order one, you give them your name, home address, etc. ![]() You did the right thing using a paper wallet for long term storage. They have serious problems most here overlook. In 10 years look into hardware wallets when you're ready to spend. If that's the case you don't need a wallet then. So won’t require any signing off tx’s for foreseeable future. I don’t spend BTC, and won’t until it makes sense to do so, which I don’t think will be for at least 10 years. Lightning is only meant for small transactions. The bitcoin network is what you should be using. Lightning is not a network where you store your life savings. The idea of being your own bank is quite attractive! I see LTN gaining popularity and am thinking of running a node in the future. Even a $200 device is trivial, especially if you're holding tens of thousands of dollars.Īlso, LTN is not possible with HW. So I don't think this is the major issue you think it is. You can make a seedsigner hardware device for less than $100, and it's easy to do. Your main one and a backup in case it gets lost or destroyed. ![]() That's why you should actually have at least two hardware wallets. What happens if you lose a hardware wallet? That is an expensive replacement, assuming you can regain access to your sats, or total loss if not. My old paper wallet was probably safe, but now I have peace of mind! So effectively have a new paper wallet that I can turn into an Electrum wallet if there is ever a need in the future. I did this with no persistence, and noted the keys and seed words. Successfully used Electrum on Tails to create a new wallet and sweep my existing paper wallet in. Am I missing anything in terms of security or usability by not getting a hardware wallet? Last, I noted that Electrum does allow connecting to a hardware wallet. Or if you think there is a better software wallet (Windows compatible) let me know what it is and why. I’m not too keen on a hardware wallet, so looking at software wallets I found Electrum to be very feature rich and rated good or acceptable across the board (according to ).īefore using it, has anyone got any gotchas, tips, or advice? Especially when it comes to transferring from the paper wallet to Electrum. Recently read of someone getting hacked from a paper wallet, which has quite scared me! My BTC has been in cold storage in a paper wallet for some time. ![]() The CSS used by this subreddit is the Erdune Theme modified by /u/Annihilia and /u/konkedas. You MUST verify the integrity of this software before running it.Latest stable version: 25.0 (May 2023).You can also use Bitcoin Core as a very secure Bitcoin wallet. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. #bitcoin Other Bitcoin sitesīitcoin Forum Bitcoin Stack Exchange Bitcoin Magazine Download Bitcoin Coreīitcoin Core is the backbone of the Bitcoin network. Do not post your Bitcoin address unless someone explicitly asks you to.Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Please avoid repetition - /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem.r/Bitcoin is primarily for news and discussion. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. Trades should usually not be advertised here.Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.Submissions that are mostly about some other cryptocurrency belong elsewhere.This subreddit is not about general financial news. News articles that do not contain the word "Bitcoin" are usually off-topic.Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins.Do not use URL shortening services: always submit the real link.If you are new to Bitcoin, check out We Use Coins and. As such, it is more resistant to wild inflation and corrupt banks. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.
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