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[Tutorial] How to make a bitcoin paper wallet

post #1 of 5
Thread Starter 
Hi OCN,

I thought to celebrate bitcoin discussions here at OCN, I'd write a tutorial on how to secure your bitcoins!
What you'll need:

-A computer with an internet connection
-2 flash drives: One with 2GB or more (We'll call this USB1) and another, can be as small as you want, preferably more than 10MB though tongue.gif (We'll call this USB2)
-A printer with paper in it (dur)
-Unetbootin (Download Link)

So here's the tutorial, hope it ends up alright!

Pre-requisites

-Ubuntu Installation disc image: The latest image can be found here. It doesn't matter what version you download, but preferably a desktop version of Ubuntu.
-A saved version of Bitaddress.org (This can be done by going to the webpage and right clicking -> Save page. Save this page to your secondary flash drive, the drive that Ubuntu will not be located on.

How to Generate your Paper Wallet!

First of all, format USB1 and USB2, then load the Ubuntu image file to USB1 using Unetbootin. In the textbox in Unetbootin for space to reserve across reboots, just put in 200MB. After this has been done, copy and paste the saved version of Bitaddress to USB2.
2) Once that has been completed, shut down your computer. If you want to be extra secure with your wallet, unplug ALL drives connected to the computer, internal and external drives. Also, the most important part of this step is to unplug all methods of your computer connecting to the internet. This may include ethernet cables, USB wifi adapters, wireless cards, plugged in smartphones, etc. This is what makes the wallet secure, it has never seen the network before.
3) Once this has been completed, plug in both USB drives, and tell your computer to boot off of USB1. Once it boots, click "Default" on the unetbootin start up options.
4)Once into Ubuntu, find USB2's files, and open the saved webpage. Once in the saved webpage, click "generate a new address" until you find one you like or you get tired of clicking, whichever comes first. smile.gif
5)Now that you have an address you like, copy the bitcoin private address it has generated for you on the main page, and paste it into the "wallet details" tab. It should then show you the public and private keys it generated for this wallet. If both records match up, head back to the "Single wallet" tab. Once there, click print, and then print your paper wallet to your printer. I recommend printing two copies, just in case you lose one, or something happens to it.
6) Once the pages have been printed, jump for joy! You now have a bitcoin paper wallet! Now to import the wallet into your Blockchain account.
7) Log into your Blockchain account. If you don't have one yet, just create one with a normal wallet. Don't worry, we'll set this account to use both your paper wallet and your Blockchain generated wallet in the next step.
8)Once logged into Blockchain, go to the Import/Export tab and agree to the warning that if you do something wrong in this section, it may screw with your account.
9)Now, grab your paper wallet, the piece of paper it was printed on, and find the public key. Once you've found this, put it into the"Add Watch only Bitcoin Address" box. Double check to make sure you got the address right, and then click "Add watch only address".

Congratulations! Paper wallet created and functional! Now you can send main funds to your paper wallet, and when you feel like taking the funds out, just put the private key for your paper wallet into Blockchain to retrieve the funds!

*Please note I am not responsible for any lost funds. Be sure to put your paper wallets in safe places, maybe even cut the paper wallet page in half, and put both halves in different places (ex. different bank security deposit boxes)* Be smart with your bitcoin wallets, and you'll enjoy them!*

Now, since this was my first tutorial, if you see an error or have a suggestion, please reply and I'll fix it up ASAP! Happy bitcoining everyone! Hopefully I can add some images later to this thread to make it easier to follow.
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post #2 of 5
While it seems like regulations against BitCoins on this forum have lowered a bit, the last I knew, major discussions were still not allowed.
 
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post #3 of 5
Thread Starter 
Quote:
Originally Posted by Angrybutcher View Post

While it seems like regulations against BitCoins on this forum have lowered a bit, the last I knew, major discussions were still not allowed.
It hasn't been deleted yet, so I'm hoping for the best! smile.gif
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post #4 of 5
Looks like there are now a ton of documents on Bitcoins here, so I guess it's now ok? News to me thumb.gif
 
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post #5 of 5
Quote:
Originally Posted by Angrybutcher View Post

Looks like there are now a ton of documents on Bitcoins here, so I guess it's now ok? News to me thumb.gif

poke.gif http://www.overclock.net/t/1398181/welcome-to-the-distributed-computing-section/0_50
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