Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Rabia on August 27, 2018, 03:01:38 PM
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I’m having trouble understand what should be a simple issue and that is the use of the private key. I know how public/private key pairs work.
I understand that I kind of need an address for people to send me bitcoin which is associated to a wallet. But, once I have a bitcoin it is bound to a private key which is nothing but a big long number but I don’t know how to get at that simple number. All this stuff about seeds for restoration just don’t add up. Just give me the number so I can take it off line and protect it. All these things to scan and wallets to maintain just to deal with a simple number, just a string of digits.
All I need is the private key number, I roll it out, protect it, get rid of all this wallet stuff until the day in 5 or 10 years when I want to send someone my bitcoin. Then I create a wallet and address and put my private key into it.
How do I get at my private keys. It’s clear I just don’t understand enough yet and I just can’t commit to a currency system with the just “trust us, it all works”. I keep reading and just get lost in all the details.
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I’m having trouble understand what should be a simple issue and that is the use of the private key. I know how public/private key pairs work.
I understand that I kind of need an address for people to send me bitcoin which is associated to a wallet. But, once I have a bitcoin it is bound to a private key which is nothing but a big long number but I don’t know how to get at that simple number. All this stuff about seeds for restoration just don’t add up. Just give me the number so I can take it off line and protect it. All these things to scan and wallets to maintain just to deal with a simple number, just a string of digits.
All I need is the private key number, I roll it out, protect it, get rid of all this wallet stuff until the day in 5 or 10 years when I want to send someone my bitcoin. Then I create a wallet and address and put my private key into it.
How do I get at my private keys. It’s clear I just don’t understand enough yet and I just can’t commit to a currency system with the just “trust us, it all works”. I keep reading and just get lost in all the details.
I think You should save your private key at your email, Dont save it in device. It can be stolen or lost.
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Once you will create your ethereum wallet you can be able to see their reminders and guidance on how to make your wallet secure. Make sure the site you visit is https://www.myetherwallet.com
It will be better to double check every letters for security reason. Read ethereum reminders and guidance it will help you more enough.
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I’m having trouble understand what should be a simple issue and that is the use of the private key. I know how public/private key pairs work.
I understand that I kind of need an address for people to send me bitcoin which is associated to a wallet. But, once I have a bitcoin it is bound to a private key which is nothing but a big long number but I don’t know how to get at that simple number. All this stuff about seeds for restoration just don’t add up. Just give me the number so I can take it off line and protect it. All these things to scan and wallets to maintain just to deal with a simple number, just a string of digits.
All I need is the private key number, I roll it out, protect it, get rid of all this wallet stuff until the day in 5 or 10 years when I want to send someone my bitcoin. Then I create a wallet and address and put my private key into it.
How do I get at my private keys. It’s clear I just don’t understand enough yet and I just can’t commit to a currency system with the just “trust us, it all works”. I keep reading and just get lost in all the details.
I think You should save your private key at your email, Dont save it in device. It can be stolen or lost.
I agree mate, dint save your private key at device or handphone. You can lost it.
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I’m having trouble understand what should be a simple issue and that is the use of the private key. I know how public/private key pairs work.
I understand that I kind of need an address for people to send me bitcoin which is associated to a wallet. But, once I have a bitcoin it is bound to a private key which is nothing but a big long number but I don’t know how to get at that simple number. All this stuff about seeds for restoration just don’t add up. Just give me the number so I can take it off line and protect it. All these things to scan and wallets to maintain just to deal with a simple number, just a string of digits.
All I need is the private key number, I roll it out, protect it, get rid of all this wallet stuff until the day in 5 or 10 years when I want to send someone my bitcoin. Then I create a wallet and address and put my private key into it.
How do I get at my private keys. It’s clear I just don’t understand enough yet and I just can’t commit to a currency system with the just “trust us, it all works”. I keep reading and just get lost in all the details.
You need to watch a video on Youtube on how to get those address correctly and also to understand the propose of having a very long alphanumeric characters for those address and keys. It's hard to understand if your not familiar in this technology. Better not to invest first while you don't know how to handle it properly. Keep reading some useful threads and research online, soon you can figure it out.
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the safest and best way with a personal password is that it is better to keep it in e-mail or record it in a notebook so that it is safe, so it will not be stolen and not stored in a cellphone or computer without any security because it can be stolen ..
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I think airgapped linux laptop is the way to go, but im still unsure how to go about signing offline transactions... I tried to practice with testnet coin.
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I’m having trouble understand what should be a simple issue and that is the use of the private key. I know how public/private key pairs work.
I understand that I kind of need an address for people to send me bitcoin which is associated to a wallet. But, once I have a bitcoin it is bound to a private key which is nothing but a big long number but I don’t know how to get at that simple number. All this stuff about seeds for restoration just don’t add up. Just give me the number so I can take it off line and protect it. All these things to scan and wallets to maintain just to deal with a simple number, just a string of digits.
All I need is the private key number, I roll it out, protect it, get rid of all this wallet stuff until the day in 5 or 10 years when I want to send someone my bitcoin. Then I create a wallet and address and put my private key into it.
How do I get at my private keys. It’s clear I just don’t understand enough yet and I just can’t commit to a currency system with the just “trust us, it all works”. I keep reading and just get lost in all the details.
I think You should save your private key at your email, Dont save it in device. It can be stolen or lost.
I agree mate, dint save your private key at device or handphone. You can lost it.
It is more risky if you will save your private key in your email. It is more vulnerable. When you save it in flash drive and put in the safest place you can maintain the security.