What is a Blockchain Wallet in 5 Minutes - D5
In this video we explain what a Blockchain wallet is and how to generate them offline for maximum security!
Please check out the other videos in this series on our Youtube channel https://www.youtube.com/channel/UC43NZMcytbCaxnxETUy-8Mw
Hope it is helpful!
Best
D5!
Awesome. Never knew you could actually generate a offline bitcoin wallet ! Those brain wallets are something new to me. You always put so much great information in 5 minutes :)
Yes, the ability to store money in your head is rather an interesting feature. Yes, as long as the computer has never been online and the bitaddress.org website is run using an ubuntu or linux operating system, there is no possible way your private key can ever have been compromised. Additionally, you have wallets such as Jaxx, or offline wallets such as Trezor or ledgernanoIS offline wallets that do all this for you using a small portable offline device.
Yeah, the offline wallet can help a lot.
Especially if BTC will split into two chains.
Thanks guys for your informative vids! ;)
Make sure you have possession of your own private keys during the forking on 2nd august to be on the safe side!
Very usefull vid, im using something called bitpay to storage bitcoins offline, but looks like its better option! Thanks for sharing this vid, looking for more.
Bitpay also very cool option. idea behind this video was to give you the basic building blocks and reasoning behind why we store offline etc. using bitpay is probably an advancement on from this basic level, but now you know;)
Wow excellent post brother! Here is my vote. By the way if you vote for my comment I would appreciate it a lot !! I wish you much success
Thank you sir!! much appreciate the positive feedback!
Once again a lot to take it. I'm going to watch them all again. Thank you @starkerz @patrickm @deimus
Hope it is improving your knowledge, basically a so called wallet is just 2 numbers that are connected cryptographically. This ensures they are secure. you can use bitaddress.org to generate these numbers offline and thus ensure privacy and security. As long as the computer has never been offline and the bitaddress.org website is run using an ubuntu or linux operating system, there is no possible way your private key can ever have been compromised. Additionally, you have wallets such as Jaxx, or offline wallets such as Trezor or ledgernanoIS offline wallets that do all this for you using a small portable offline device.
very nicely and in details explained great stuff loved it :D thanks for sharing
Excellent videos! I watched them all. Good idea with timing. The only thing is probably can be added is subtitles. That will be easier for understanding for people with limited English. This probably can enlarge the audience
Thank you! I will look at adding subtitles! great idea :))
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STOPYes this cold wallet are perfect to save btc with almost no risk
Exactly, they are one of the key features of crypto currencies and why they have value!! :))
Correct stark :)
Thank you for sharing. This is a really useful video. I am going to download Armory next time use bitcoin. :D