Questions about Paper Wallet Best Practice

Tarak

New Member
Mar 12, 2017
4
0
1
41
When using paper.dash.org offline to generate public/private key pairs, is there a risk that the private key won't work, e.g. due to an infrequent quirk of the program? Note: question is not about human error, but the program itself spitting out a private key that doesn't work.

Is it better to confirm you have access by spending a small amount of money from a paper wallet before transferring larger amounts of money to the paper wallet?.... If yes, is there a way to do that securely? After all, the whole point of a paper wallet is for long-term storage that is secured from potential keyloggers/spyware on one's computer.

Thanks.
 

Naruto

Member
Dec 26, 2014
176
89
88
For me, I will recommend people use hardware wallet to generate "paper wallet" I.e. Using the recovery seed as form of paper wallet. You can make sure it is spendable, and malware-proof.


使用Tapatalk 發送
 
  • Like
Reactions: fernando

jimbursch

Well-known Member
Mar 5, 2017
837
502
163
57
recommend people use hardware wallet
I agree. If you are trying to secure a large amount of dash, you should invest in a hardware wallet. A paper wallet generated online from a trusted source is OK, but it is not gold standard.

If you are concerned about the security of a paper wallet to the extent that you feel the need to test the private key, then you should be switching to a hardware wallet.
 
  • Like
Reactions: fernando

lynx

Active Member
Dec 11, 2015
364
250
133
IMO a paper wallet's private key should only be read and used once, at the act of sweeping (transferring it to a wallet).
(as side note - paper "wallet" is a misnomer, since it's not really a wallet, just a key pair)