Post
Topic
Board Bitcoin Discussion
Re: Andreas Antonopoulos says to stop using paper wallets, do you agree?
by
NotATether
on 09/01/2022, 04:19:09 UTC
If someone wanted a single key Electrum would probably be the easiest tool to use, there's no reason not to.  The Ian Coleman tool can be used as well, and allows you to enter your own entropy.  There's no reason not to use an HD wallet to extract a single key.

I can't really trust the Ian Coleman tool anymore, there are way too many fake copies hovering around google search. (I once had a scare when the iancoleman.io website had a bunch of misspellings/mispronunciations in the title, making me think that it was compromised).

Sure, electrum might be the easiest tool that currently exists for obtaining a single key. But is it more efficient than, say, bitaddress or iancoleman? At those places, all you have to do is click on a Generate button - no wallet creation is required.

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unlike paper wallets, are easily destroyed when they are no longer needed.
How is shredding a CD-R easier than just burning a piece of paper?

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Now there isn't really a use case for destroying paper wallets besides protecting your privacy by hiding the addresses you used, but you'd need to buy an expensive paper shredder to do the equivalent for paper wallets. A CD can be destroyed cheaply.
CD shredders are more expensive than paper shredders.

I was thinking more in line of just smashing the CD-R like Direwolf.