BitShares Forum

Main => Technical Support => Topic started by: Thom on September 21, 2014, 07:26:51 pm

Title: Cold storage methodologies
Post by: Thom on September 21, 2014, 07:26:51 pm
As I gain more cryptocurrency understanding and presence on the net, I have established various accounts, wallets and balances here and there. However, I wish to protect my primary holdings in cold storage, which as I understand it is having a wallet whose primary keys and access passwords are not online.

My question is, what is the best way to go about this for BTC and BTSX?

My thought is to create a new virtual machine using Parallels or Virtualbox, install brand new wallets in it, transfer whatever primary balances I want in cold storage to the new wallets leaving whatever online balance in place in my existing wallets. Once the transfer is confirmed to the new wallets I would copy or image the partition the VM was on onto a removable USB drive and then securely wipe that partition.

Anyone care to comment on this approach or suggest others?
Title: Re: Cold storage methodologies
Post by: gamey on September 21, 2014, 07:50:25 pm
http://wiki.bitshares.org/index.php/ColdStorage
Title: Re: Cold storage methodologies
Post by: Thom on September 21, 2014, 07:58:02 pm
Thx gamey  +5%

When that page refers to terminal client it must mean Linux. The BitSharesX windows client doesn't install any such cmd line tools. However, the same commands could be executed in the console, presumably.