From 123403fcef779715ba7c6a02d22cfa2e890accbb Mon Sep 17 00:00:00 2001 From: nadams Date: Thu, 11 May 2017 06:51:05 -0700 Subject: [PATCH] Edited ch04.asciidoc with Atlas code editor --- ch04.asciidoc | 2 ++ 1 file changed, 2 insertions(+) diff --git a/ch04.asciidoc b/ch04.asciidoc index f6d21eb2..54c2a6d7 100644 --- a/ch04.asciidoc +++ b/ch04.asciidoc @@ -794,12 +794,14 @@ Paper wallets come in many shapes, sizes, and designs, but at a very basic level Paper wallets can be generated easily using a tool such as the client-side JavaScript generator at _bitaddress.org_. This page contains all the code necessary to generate keys and paper wallets, even while completely disconnected from the internet. To use it, save the HTML page on your local drive or on an external USB flash drive. Disconnect from the internet and open the file in a browser. Even better, boot your computer using a pristine operating system, such as a CD-ROM bootable Linux OS. Any keys generated with this tool while offline can be printed on a local printer over a USB cable (not wirelessly), thereby creating paper wallets whose keys exist only on the paper and have never been stored on any online system. Put these paper wallets in a fireproof safe and "send" bitcoin to their bitcoin address, to implement a simple yet highly effective "cold storage" solution. <> shows a paper wallet generated from the bitaddress.org site. [[paper_wallet_simple]] +[role="smallersixty"] .An example of a simple paper wallet from bitaddress.org image::images/mbc2_0408.png[] ((("bitcoin improvement proposals", "Encrypted Private Keys (BIP-38)")))The disadvantage of a simple paper wallet system is that the printed keys are vulnerable to theft. A thief who is able to gain access to the paper can either steal it or photograph the keys and take control of the bitcoin locked with those keys. A more sophisticated paper wallet storage system uses BIP-38 encrypted private keys. The keys printed on the paper wallet are protected by a passphrase that the owner has memorized. Without the passphrase, the encrypted keys are useless. Yet, they still are superior to a passphrase-protected wallet because the keys have never been online and must be physically retrieved from a safe or other physically secured storage. <> shows a paper wallet with an encrypted private key (BIP-38) created on the bitaddress.org site. [[paper_wallet_encrypted]] +[role="smallersixty"] .An example of an encrypted paper wallet from bitaddress.org. The passphrase is "test." image::images/mbc2_0409.png[]