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Offline nodata

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BitsharesX Cold Storage Suggestions
« on: August 04, 2014, 11:36:31 PM »

Is there any suggestions to putting bitsharesX into cold storage?

I was thinking of just putting a backup of the wallet into an encrypted RAR file, then putting that into a secondary veracrypt container, then burning it to disk and putting it on a flash drive and storing somewhere safe


but i was wondering if anyone here had any other ideas or suggestions

Wasnt there an armory port at one point for protoshares?


Thanks for any input

Offline nodata

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Re: BitsharesX Cold Storage Suggestions
« Reply #1 on: August 05, 2014, 03:57:33 AM »
On a related note, is there a way to print a paper wallet?

That would be a pretty sweet feature of the bitsharesX wallet


Offline mo

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Re: BitsharesX Cold Storage Suggestions
« Reply #2 on: August 05, 2014, 04:47:34 AM »
http://www.bts.hk/
may be you want
BTSX : pk

Offline xeroc

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Re: BitsharesX Cold Storage Suggestions
« Reply #3 on: August 05, 2014, 08:02:48 AM »
you can dump your private key by "wallet_dump_private_key" and print that as a QR code ... depending on which address you dump the privkey for you can cold storage a name or just an address .. also (at least in the linux build) there is a program called "bts_create_key" that creates a priv/pub key pair you can use
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline bitmeat

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Re: BitsharesX Cold Storage Suggestions
« Reply #4 on: August 05, 2014, 08:11:22 AM »
I find it disturbing that there is no clear answer to this question, given the complexities of the system, I wouldn't want to make any assumptions of how it works.

The bottom line is, unless the key was produced on a machine entirely disconnected from the Internet, it is not a true cold storage.

I want to know, is it possible to run the client and create a wallet, without connecting to the network. Is that how one would create a cold storage? Run offline, and try to export private key and/or export to JSON. Then transfer by sending to the unregistered account?

I know Bytemaster is very proud of the TITAN feature, but for true privacy, people want cold storage, and never expose info on any live (potentially compromised) machine whatsoever.

Offline xeroc

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Re: BitsharesX Cold Storage Suggestions
« Reply #5 on: August 05, 2014, 09:02:15 AM »
I find it disturbing that there is no clear answer to this question, given the complexities of the system, I wouldn't want to make any assumptions of how it works.

The bottom line is, unless the key was produced on a machine entirely disconnected from the Internet, it is not a true cold storage.

I want to know, is it possible to run the client and create a wallet, without connecting to the network. Is that how one would create a cold storage? Run offline, and try to export private key and/or export to JSON. Then transfer by sending to the unregistered account?

I know Bytemaster is very proud of the TITAN feature, but for true privacy, people want cold storage, and never expose info on any live (potentially compromised) machine whatsoever.
Yes it is,

1) create a puv/privkey pair using the "bts_create_key" utility (no idea if this is available for windows too)
2) secure your privkey
3) on an online machine add your pubkey to a local account
4) register that local account by paying from an online account that has some BTSX left
5) wait for confirmation

you now have a pubkey linked to an account name registered on the blockchain .. and can send funds  there

HOWEVER, you currently cannot check for incoming transaction as of TITAN needs the privkey (AFAIK) to read the stealth addresses.
The devs had some idea about observer keys and BM mentioned he has sth even better in mind to solve exactly that issue.
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

 

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