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casinocoinpaperwallet.com vs Desktop Paper Wallet Generator

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Is the Desktop wallet not Safe enough?

I have more Problem to create a paperwallet an fuck IT up an all coins are lost or i cant get them out 

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2 minutes ago, Cscbeliever said:

Is the Desktop wallet not Safe enough?

I have more Problem to create a paperwallet an fuck IT up an all coins are lost or i cant get them out 

Tbh I thought the same thing guess it depends how many coins you are planning to hodl and how high you think it will go. Imagine gettting a couple of million dollars worth stolen off your pc.

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Guest BlackJack

I think in the not to distant future, CSC will be able to be stored on the Ledger Nano S.

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1 hour ago, Cscbeliever said:

Is the Desktop wallet not Safe enough?

I have more Problem to create a paperwallet an fuck IT up an all coins are lost or i cant get them out 

I'm honestly just not technologically knowledgeable enough to know.  Is my desktop wallet fine if my computer gets hacked? Crashes? Lost? Needs to be taken into the Geek Squad at Best Buy and the guy knows what he's doing?  I don't have the answers, so I figured an external wallet was best. 

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27 minutes ago, RonSwanson said:

I'm honestly just not technologically knowledgeable enough to know.  Is my desktop wallet fine if my computer gets hacked? Crashes? Lost? Needs to be taken into the Geek Squad at Best Buy and the guy knows what he's doing?  I don't have the answers, so I figured an external wallet was best. 

If your computer crashes, wouldn't the secret key from the CSC wallet be enough to be able to retrieve CSC from another computer? 

When you create a paper wallet from the CSC wallet, it says to NOT create a PDF. Why is this? 

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3 minutes ago, mycryptodream said:

If your computer crashes, wouldn't the secret key from the CSC wallet be enough to be able to retrieve CSC from another computer? 

When you create a paper wallet from the CSC wallet, it says to NOT create a PDF. Why is this? 

I'm not sure if just another member would be able to answer your question, or if we'd need the technical prowess of @Fidgetspinner.  But I think if my computer were to crash I would need more than just the secret key.  I think the secret key only gets you in if you forget your password? I'm probably wrong, but that's my current state of understanding.

As far as creating a PDF, I think that goes back to the possibility of your computer getting hacked and someone being able to see your files.

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5 minutes ago, RonSwanson said:

I'm not sure if just another member would be able to answer your question, or if we'd need the technical prowess of @Fidgetspinner.  But I think if my computer were to crash I would need more than just the secret key.  I think the secret key only gets you in if you forget your password? I'm probably wrong, but that's my current state of understanding.

As far as creating a PDF, I think that goes back to the possibility of your computer getting hacked and someone being able to see your files.

ok, I get that now with the pdf. thanks!

I made that mistake a few days ago with the secret key vs. the password retrieval. @Marek helped me to figure it out.

my convo w/Marek regarding the private keys you have to save after you create your wallet:

me: as long as I have those private keys, I will be able to retrieve them even if my computer dies and if I lose my paper wallet? or is the paper wallet totally separate?

Marek: Yes separate. If You dont understand this completely, export the private keys from Mac wallet, save these somewhere safe(multiple destinations away from mac) and send your coins to receive address within wallet

me: the private key will be the one to safeguard? as long as I have that, I will be able to retrieve everything no matter where I am?

Marek: yes.

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7 hours ago, Lambotothemoon said:

Tbh I thought the same thing guess it depends how many coins you are planning to hodl and how high you think it will go. Imagine gettting a couple of million dollars worth stolen off your pc.

I have nightmares about this scenario.

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Ahhh so difficult....

I am scared to Do paperwallet because dont have a printer scared to fuck it up because you should only Import that paperwallet if you want to use it so if i manage to Set it up send my coins i have to test if i can send my coins out of that. That means i have to use my secret key and its not longer safer than my secret key from Desktop wallet or am i wrong?

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4 minutes ago, Cscbeliever said:

Ahhh so difficult....

I am scared to Do paperwallet because dont have a printer scared to fuck it up because you should only Import that paperwallet if you want to use it so if i manage to Set it up send my coins i have to test if i can send my coins out of that. That means i have to use my secret key and its not longer safer than my secret key from Desktop wallet or am i wrong?

just write down the secret keys to your paper wallet on a few different pieces of paper and put them in safe locations.. it's all that matters now. u can open up your 1st one and mess around by sending a few small deposits to it.. wait a bit then import them to a wallet to get a feel for how u set it up, deposit, then access it when you are ready to use them.. then once your comfortable with it do the real thing

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14 minutes ago, 50centCSC said:

just write down the secret keys to your paper wallet on a few different pieces of paper and put them in safe locations.. it's all that matters now. u can open up your 1st one and mess around by sending a few small deposits to it.. wait a bit then import them to a wallet to get a feel for how u set it up, deposit, then access it when you are ready to use them.. then once your comfortable with it do the real thing

Thanks i think about it need time to Do it

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10 hours ago, RonSwanson said:

As far as creating a PDF, I think that goes back to the possibility of your computer getting hacked and someone being able to see your files.

I tend to err on the side of overthinking it, however :
In the situation which you described earlier (office), there are a few things to think about.
1) Many offices have an automatic backup policy, since the data and computer belongs to them. So there's a good chance that your PDF gets included in the backup. 
2) Many network printers have a memory buffer. This allows for documents to be printed/copies created from memory. Some even have hard disks to facilitate rapid retrieval of documents at a later point in time and audit purposes. Accounting and legal firms are prime candidates for this.
3) Disconnecting from the Internet could be different from disconnecting from the network itself, depending on how you connect. As many of us may have faced, despite office system administrators best efforts, the network remains very vulnerable to malware spreading between systems.
4) Since you indicated that you cannot install the desktop software on your computer, it probably means that someone else in the office has Administrator access to your computer either locally or via the network.

So the best option if you cannot print is to create and save the PDF on a computer that is not affiliated/belongs to any corporate network.
 

Edited by Fidgetspinner
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I'm also a bit lost with the paper wallet stuff. I hold most of my other coins/tokens on my Ledger Nano S which seems like the best way to store them. All of my CSC is on my desktop wallet. What happens if my SSD gets corrupted or damaged and I can't boot my PC anymore? Is there any way to retrieve the desktop wallet on another computer?

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13 minutes ago, QuizPops said:

I'm also a bit lost with the paper wallet stuff. I hold most of my other coins/tokens on my Ledger Nano S which seems like the best way to store them. All of my CSC is on my desktop wallet. What happens if my SSD gets corrupted or damaged and I can't boot my PC anymore? Is there any way to retrieve the desktop wallet on another computer?

Go to Tools, Export Private Keys. Enter your wallet password. Save the file that is generated. Now keep this file in a safe place away from your current computer. 
In the event of your computer crashing, you can reverse this process by installing the software, then Tools, Import Private Keys (select file). 
Remember, these exported keys are unecrypted and are all that is required to take control of your coins, so they have to be stored very securely.

Paper wallets are immune from this. You simply need to go to Tools/Import Paper Wallet and enter your secret key from your printed paper wallet.

Edited by Fidgetspinner
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19 minutes ago, Fidgetspinner said:

Go to Tools, Export Private Keys. Enter your wallet password. Save the file that is generated. Now keep this file in a safe place away from your current computer. 
In the event of your computer crashing, you can reverse this process by installing the software, then Tools, Import Private Keys (select file). 
Remember, these exported keys are unecrypted and are all that is required to take control of your coins, so they have to be stored very securely.

Paper wallets are immune from this. You simply need to go to Tools/Import Paper Wallet and enter your secret key from your printed paper wallet.

Thanks. So am I able to store this file on a usb memory stick for example? I really don't like the idea of a piece of paper which has the secret key on it.

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2 minutes ago, QuizPops said:

Thanks. So am I able to store this file on a usb memory stick for example? I really don't like the idea of a piece of paper which has the secret key on it.

Yes. However the paper wallet (when stored in multiple, secure locations) is the most immune from attacks (other than physical theft). Alternatively, you can distribute your coins across multiple paper wallets.  If you rely on a USB stick, remember that they are not infallible, and physical theft/virus remains a possibility.

These options need to be adjusted according to the users appetite for security. And potential loss of money.

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38 minutes ago, Fidgetspinner said:

Yes. However the paper wallet (when stored in multiple, secure locations) is the most immune from attacks (other than physical theft). Alternatively, you can distribute your coins across multiple paper wallets.  If you rely on a USB stick, remember that they are not infallible, and physical theft/virus remains a possibility.

These options need to be adjusted according to the users appetite for security. And potential loss of money.

Yes, I'm thinking a few wallets might be the best, then if something does go wrong at least you dont lose all your coins (hopefully).

I'll probably create new wallets at defined milestones for my CSC stack

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17 hours ago, mycryptodream said:

If your computer crashes, wouldn't the secret key from the CSC wallet be enough to be able to retrieve CSC from another computer? 

 

17 hours ago, mycryptodream said:

ok, I get that now with the pdf. thanks!

I made that mistake a few days ago with the secret key vs. the password retrieval. @Marek helped me to figure it out.

my convo w/Marek regarding the private keys you have to save after you create your wallet:

me: as long as I have those private keys, I will be able to retrieve them even if my computer dies and if I lose my paper wallet? or is the paper wallet totally separate?

Marek: Yes separate. If You dont understand this completely, export the private keys from Mac wallet, save these somewhere safe(multiple destinations away from mac) and send your coins to receive address within wallet

me: the private key will be the one to safeguard? as long as I have that, I will be able to retrieve everything no matter where I am?

Marek: yes.

The secret key and the private key are two different things, no?  Isn't the secret key the 8 words from when you set up the desktop wallet and the private key something you have to export from the tools menu???

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50 minutes ago, Jack-of-Spade said:

http://www.bichip.com

Scary stuff, but this in the future, could be the ultimate answer.. Mobile, I believe will always be the answer. What are your guys thoughts??

I don’t think something like that is far away tbh. Big government wants full control

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1 hour ago, Jack-of-Spade said:

http://www.bichip.com

Scary stuff, but this in the future, could be the ultimate answer.. Mobile, I believe will always be the answer. What are your guys thoughts??

Scary indeed.  No way I'd ever go for that.

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2 hours ago, Jack-of-Spade said:

http://www.bichip.com

Scary stuff, but this in the future, could be the ultimate answer.. Mobile, I believe will always be the answer. What are your guys thoughts??

Mark Of the Beast 

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On 8/23/2018 at 10:45 AM, SineMetu said:

 

The secret key and the private key are two different things, no?  Isn't the secret key the 8 words from when you set up the desktop wallet and the private key something you have to export from the tools menu???

I believe the private and secret key are the same. The 8 words when you set up in the beginning is for your password and you won't be able to retrieve your coins using just these 8 words if your computer crashes.

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