Post
Topic
Board Beginners & Help
Re: Which offline wallet do you use, and why?
by
goldsun
on 21/11/2014, 15:14:12 UTC
How do you make a good backup for your wallet? Do you just write down the seed and thats it, or is anyone doing anything with private keys? I am using electrum just in case anyone thinks of a good backup solution for this type of wallet.

I also assume that not many people save all their bitcoins in just one wallet. Am I right?

The seed can generate all the private keys, so you just need the seed.  It's nice that way because with bitcoin-qt you have to back up all your private keys (which increase over time)

So just the seed is the best possible back-up right? How about saving the wallet file in different places? But that doesn't matter really, if you just have the seed anyway.

How do you encrypt your electrum wallet? I tried 7-zip Encrypt but I am not sure about how it really works. If you type in your password one time, the file opens everytime without you needing to type the password again.

I want something like google authenticator or some other ecryption where you always have to type a password then access the file. What are the solutions?