In my earlier guide on Bitcoin wallets, I talked a little about Bitcoin paper wallets. When you are storing your bitcoins for a longer term, using a paper wallet ensures maximum safety. In this tutorial, you will learn how you can make a Bitcoin paper wallet. I am assuming that you already brainwallet bitcoin stock a software wallet, and you want to secure your bitcoins offline.
If you don’t have a software wallet, do read my previous article on making a Bitcoin wallet. A smartphone with a QR code reader. A software Bitcoin wallet with bitcoins in it. Once you have procured the above things, you are ready to make a paper wallet. Save the web page to your local desktop. Locate the web page download on your desktop.
Stay disconnected from the internet and open the downloaded HTML file. Hover your mouse here and there on the local web screen to create a safe degree of randomness. Click on the Paper Wallet option next to Single Wallet. Three public addresses will be generated with three private keys.
If you wish to get only one paper wallet, change the Addresses to generate and Addresses per page to 1 and click Generate. Click Print to get a printable file. Now, print this file using your printer. After printing, with scissors cut out the main portion and keep it somewhere for your records. Your paper wallet is now ready to use. You saw how we were away from the internet and safely created a bitcoin address and a private key? What if I include the BIP38 encryption option?