How do you safely set up a offline deterministic wallet?

3

1

There is a good tutorial for setting up a safe offline wallet with a regular bitcoin wallet here.

If I want to set up a safe deterministic offline wallet (i.e. Electrum). What would be the right steps?

Should I just store the seed, or also backup the private keys?

Bastiaan Quast

Posted 2013-05-20T11:26:08.677

Reputation: 361

You can do all that and more with Armory

– ChocoDeveloper – 2013-05-21T02:32:48.877

Answers

3

On a deterministic wallet the only thing you need to keep safe is your seed / passphrase to be able to restore it in the future

Here you can find a tutorial on how to make transactions with an offline Electrum wallet using your Master Public Key

http://electrum.org/tutorials.html#offline-mpk

rdymac

Posted 2013-05-20T11:26:08.677

Reputation: 1 357

Asked: 2013-05-20T11:26:08.677

Viewed: 1 048 times

Active: 2014-05-25T10:14:04.040