Finally we finish the section of the article on wallets to describe the wallet with the most acceptance for Hodlers, the Paper Wallet it is Open Source JavaScript Client-Side Bitcoin Wallet Generator and it is recommended to download from the original Github.
We must download the software on a USB and then run it on a computer that has never been connected to the Internet, once the mouse is open it moves through the indicated area and the public and private keys of the paper wallet will be generated along with the QR codes .
Now we have to print it and keep it in a safe place and at this address we can receive the transactions to our address.
Later we will include a small tutorial on how to use the paper wallet, since to receive funds there is no problem but to send you must follow a series of instructions so as not to have a surprise that could affect the total remaining.
Saturday, January 9, 2021
Paper Wallets
Bitcoin Core Wallet
If you are reading this article, you are sure that you have Bitcoin or Satoshis on your exchange, there is a maxim that you should not forget, keep your coins safe, which you will have seen many times on the network.
This phrase is well known among bitcoiners:
"Not your keys, not your Bitcoin"
What does this mean?
It is very easy, if your coins are in an exchange and it is compromised it is almost certain that you will lose your coins or have a lot of problems to recover them, but if you have them in your wallet they are always safe.
Having your coins in your wallet implies responsibility, you are your own bank.
The official Bitcoin wallet is the desktop wallet developed by Bitcoin Core.
There are other types of wallet such as hardware wallets or mobile wallets.
Always download the wallet from the official Bitcoin website.
- Don't forget to put a strong password in your wallet.
- Always keep an external backup of your wallet.dat
Friday, November 13, 2020
Where to buy Bitcoin?
In the Exchanges, you have to do research on this, all the exchanges are not safe, you have to look at the most recognized and be careful.
When you have Bitcoin on an exchange, you don't have your private keys.
Not Your Keys, Not Your Bitcoin
Once you have bought your bitcoin or part of your Bitcoin you have to send it to your wallet, you are your own bank and it is your responsibility to protect them.
Wallets:
- Desktop:
Bitcoin Core
Electrum
Exodus
- Hardware:
Trezor
Ledger
KeepKey
- SmartPhone:
Bitcoin Wallet
Mycelium
- Paper Wallet:
BitAddress