Post
Topic
Board Bitcoin Discussion
Re: BitGo, Coinbase Vaut or Paper Wallet for secure long term storage
by
dothebeats
on 12/08/2016, 19:43:17 UTC
Paper wallets, but really just the private keys.  That look something like this:

5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF

But can be made to look like this:

5Kb8kL
f9zgWQno
gidDA7
6MzPL6T
sZZY36hWX
MssSzNyd
YXYB9KF

And practice restoring them, to make sure you know what you are doing.


So, you're suggesting what? Generate a priv key, and write it down rather than printing it on paper?

I always wondered about those split paper wallets you can create too, but never understood exactly how they worked.


No.  I export the private key, change the formatting slightly, label it something else like "urine test results from lab", and print it.  Then put it in a binder with medical documents.


That seems to be a genius way of keeping private keys! No one would ever think of it as a paper containing something worth taking for. I honestly think that it would work nicely as long as you don't screw up on the sequence of the segments of the private key. Also, the good news is that it isn't susceptible of any theft because who the hell would take other's medical records anyway?