Post
Topic
Board Development & Technical Discussion
Re: How to Create a Bitcoin Address from a Coin Flip
by
newIndia
on 03/02/2015, 22:26:47 UTC
Can someone please tell me where are the 5-9 of this happening in the OP ?

These are done by your wallet when you import the key generated by the OP's method.


As I can see that you have disqualified blockchain.info as a reliable wallet. Would like to know the technical reason behind it. I am assuming the user is downloading the paper wallet from blockchain.info, so that he is still in control of his coins, even if the site goes down. AFAIK, their keys are encrypted too... so for a DB hack, private keys should not be stolen.

Moreover, do u think, if someone runs bitaddress.org offline (by downloading the zip from https://github.com/pointbiz/bitaddress.org) to generate addresses, that is a safe method with enough randomness ?