Difference between revisions of "Wallet Security Dos and Don'ts"

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m (Rephrase "trusted software" to "recommended software" to make it clearer)
(fixed internal links, added structure to improve readability)
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This article should not be considered as a replacement for the more in-depth articles on best practices, however key points in wallet security:
 
This article should not be considered as a replacement for the more in-depth articles on best practices, however key points in wallet security:
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== Do ==
  
 
* DO encrypt your wallet
 
* DO encrypt your wallet
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* DO keep your OS up to date and run a virus scanner
 
* DO keep your OS up to date and run a virus scanner
 
* DO use a paper/hardware wallet for storing significant amounts
 
* DO use a paper/hardware wallet for storing significant amounts
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== Don't ==
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* DO NOT store your wallet on cloud storage (Dropbox, etc.)
 
* DO NOT store your wallet on cloud storage (Dropbox, etc.)
 
* DO NOT re-use addresses (this also applies to paper wallet addresses)
 
* DO NOT re-use addresses (this also applies to paper wallet addresses)
 
* DO NOT generate cold store keys on Internet-connected machines. If it's for cold storage, it should never be Internet connected
 
* DO NOT generate cold store keys on Internet-connected machines. If it's for cold storage, it should never be Internet connected
  
If for whatever reason you are developing your own software wallet, DO NOT implement cryptographic tools yourself. See Sony losing the master signing key from the PS3 as an illustrative lesson in what can go wrong: http://www.exophase.com/20540/hackers-describe-ps3-security-as-epic-fail-gain-unrestricted-access/
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== See also ==
 
 
For more detail, please see the main article at https://en.bitcoin.it/wiki/Securing_your_wallet or the related articles:
 
  
* https://en.bitcoin.it/wiki/Paper_wallet
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* [[Securing your wallet]]
* https://en.bitcoin.it/wiki/Paper_ECDSA_private_keys
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* [[Hardware wallet]]
* https://en.bitcoin.it/wiki/Hardware_wallet
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* [[Brainwallet]]
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* [[Paper wallet]]
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* [[How to set up a secure offline savings wallet]]
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* [[Paper ECDSA private keys]]

Revision as of 12:22, 22 January 2017

This article should not be considered as a replacement for the more in-depth articles on best practices, however key points in wallet security:

Do

  • DO encrypt your wallet
  • DO backup your wallet
  • DO use recommended software from the list at https://bitcoin.org/en/choose-your-wallet
  • DO keep your OS up to date and run a virus scanner
  • DO use a paper/hardware wallet for storing significant amounts

Don't

  • DO NOT store your wallet on cloud storage (Dropbox, etc.)
  • DO NOT re-use addresses (this also applies to paper wallet addresses)
  • DO NOT generate cold store keys on Internet-connected machines. If it's for cold storage, it should never be Internet connected

See also