Author Topic: I want to buy ProtoShares but am concerned about security  (Read 3160 times)

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Offline toast

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Re: I want to buy ProtoShares but am concerned about security
« Reply #9 on: January 11, 2014, 06:45:57 am »
I am running Windows 8 so I understand I cannot use a software like TrueCrypt for encryption. What do you guys recommend? I understand that there's a possibility that wallet.dat becomes corrupted and that the only way to avoid that situation and loss of coins associated with that risk is to keep multiple backups of the wallet and to keep the wallet encrypted at all times. What other steps would you guys use before I go through the steps to buy PTS through an exchange?

Why couldn't you use truecrypt? I thought TC was the gold standard for strong DIY encryption
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline 5chdn

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Re: I want to buy ProtoShares but am concerned about security
« Reply #8 on: January 11, 2014, 12:36:34 am »
Just use a paper wallet generator.

http://paper.protoshar.es/
https://github.com/donSchoe/ptsaddress

I did adjust the code for PTS,
Cassiopaia helps me to update the design.
« Last Edit: January 11, 2014, 04:04:01 pm by donschoe »

Offline earthbound

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Re: I want to buy ProtoShares but am concerned about security
« Reply #7 on: January 10, 2014, 11:31:08 pm »
You can use a "brain wallet," which can be made by generating an address from a secure passphrase. Write down and store the passphrase someplace (ideally many places) secure. In my opinion, this is the most secure way to control deposits and addresses, as it doesn't even have to rely on (potentially corruptible and/or theft-targeted) computer data storage.

Strictly, all you need is that passphrase to regenerate the public address (key), with the corresponding private key that controls it. (You should never give your private key to anyone). Simply send funds to that generated public address (you don't even have to have a data wallet to do that--as you are actually announcing the deposit to network nodes, who record it into the blockchain). When you get or use a data wallet, you can import the private key to gain control over the funds at the address.

Here's a tool I coded (and announced here) that can help you come up with a great passphrase:

http://earthbound.io/tools/passphrase-generator.html

Here are tutorials about importing private keys:
https://en.bitcoin.it/wiki/How_to_import_private_keys_v7%2B
https://en.bitcoin.it/wiki/How_to_import_private_keys
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Offline pinov

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Re: I want to buy ProtoShares but am concerned about security
« Reply #6 on: January 09, 2014, 10:04:33 pm »
Has anybody tried this link http://bter.com/?
Approve pinov and pinof & earn BTSX on every transaction you make
wallet_approve_delegate pinov
wallet_approve_delegate pinof

Offline zhang8862686

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Re: I want to buy ProtoShares but am concerned about security
« Reply #5 on: January 07, 2014, 08:55:38 am »
 :) :) invest have villence
PkrX7zWBe76uu825XAcN8urVbiMiRV4npo

Offline JA

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Re: I want to buy ProtoShares but am concerned about security
« Reply #4 on: December 29, 2013, 10:46:18 pm »
with the -X 56 P argument it works for Protoshares  :)

Offline JChief

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Re: I want to buy ProtoShares but am concerned about security
« Reply #3 on: December 29, 2013, 10:42:08 pm »
Thanks! I thought Vanitygen was for bitcoin though? So it works for both? Just a little confused

EDIT: I should have used Google first heh.. I see that you can use it for other altcoins https://en.bitcoin.it/wiki/Vanitygen
« Last Edit: December 29, 2013, 10:45:08 pm by JChief »

Offline JA

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Re: I want to buy ProtoShares but am concerned about security
« Reply #2 on: December 29, 2013, 10:37:10 pm »
You can store it on a paper wallet
download this https://github.com/downloads/samr7/vanitygen/vanitygen-0.22-win.zip
disconnect your Computer from the internet
open your CMD navigate to the vanitygen folder
and put in this -> vanitygen64.exe -X 56 P
you will get a public adress and a private key write it down (exactly)
and send the pts to this address

Offline JChief

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I want to buy ProtoShares but am concerned about security
« Reply #1 on: December 29, 2013, 10:28:20 pm »
I am running Windows 8 so I understand I cannot use a software like TrueCrypt for encryption. What do you guys recommend? I understand that there's a possibility that wallet.dat becomes corrupted and that the only way to avoid that situation and loss of coins associated with that risk is to keep multiple backups of the wallet and to keep the wallet encrypted at all times. What other steps would you guys use before I go through the steps to buy PTS through an exchange?