Hi guys, I am having some questions.
For paper wallets it keep your keys offline, which protects against online hacking, but their physical nature makes them vulnerable to damage, loss, or theft? If the paper is lost or destroyed, your Bitcoin is also gone forever right.
What happens if my paper wallet gets wet, burned, or the ink fades?
How do I securely create and print a paper wallet without risking my private keys being stolen?
1. To avoid burning paper wallet, make several backups.
2. If you use paper as a storage medium, it is better to use a pencil instead of a pen to write the text, in order to preserve the readability of the text.
3. Laminate the paper to partially protect this storage medium from damage.
4. It is better to use a metal plate (stainless steel is recommended) instead of paper.
5. Use text encryption in case of theft and "
paper wallet" falling into the hands of strangers.