Is https://www.bitaddress.org/ safe to create a paperwallet?

0

1

I want to create a paper wallet for cold storage and am not sure of the best way to do that. I heard of https://www.bitaddress.org/, but is it safe if booted from an offline PC?

Thank you!

Hollossy

Posted 2017-11-17T10:53:31.900

Reputation: 217

Answers

1

Yes it is, because the 100% of entropy (randomness) is generated by the user.


Just make sure you're downloading it from https://github.com/pointbiz/bitaddress.org > green "clone and download" button > download as zip.

MCCCS

Posted 2017-11-17T10:53:31.900

Reputation: 5 827

@MCCS Thank you man! Is there a page that explains how to withdraw from the paper wallet later on, to another address?Hollossy 2017-11-17T11:05:02.120

1@Hollossy Your wallet (Electrum preferred) > Sweep private keys. Instructions for Electrum: Set up your wallet as you would do normally > Wallet > Private Keys > SweepMCCCS 2017-11-17T11:11:25.950

@MCCS Aren't there issues with the Electrum wallets?Hollossy 2017-11-17T11:14:09.410

1@Hollossy The only issue with Electrum is that usual Electrum wallets can't import private keys, but instead they can "sweep", which means withdrawing the private key funds to one of Electrum's address. That is not a problem.MCCCS 2017-11-17T11:16:59.043

@MCCS so there may be a problem when I want to withdraw from the Electrum wallet? Sorry for my lack of understanding... And thank you for all the help!Hollossy 2017-11-17T11:20:25.330

1@Hollossy No, there won't be any problems.MCCCS 2017-11-17T11:23:15.983

@MCCS Thank you!Hollossy 2017-11-17T11:23:38.540

1@Hollossy If there is problem (100% there shouldn't be): Electrum asks for wallet file every time you run it. Change the wallet name from wallet to paperwallet or something to create a new wallet. Then choose "import Bitcoin private keys". That's your backup plan.MCCCS 2017-11-17T11:27:56.760

Thank you!! You use that too? Or would you suggest a brainwallet?Hollossy 2017-11-17T12:07:13.940

1

@Hollossy Nope, bitaddress.org's brainwallet can be cracked easily, but if you really want to use a brainwallet, use https://keybase.io/warp/ .

MCCCS 2017-11-17T12:18:05.157