Difference between revisions of "Securing your wallet"
From Litecoin Wiki
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| + | ==Introduction== | ||
| + | |||
| + | Wallet security implies protecting your wallet from loss or theft. | ||
| + | |||
== Paper Wallets == | == Paper Wallets == | ||
| − | [[File:Litecoin Paper Wallet.png| | + | [[File:Litecoin Paper Wallet.png|thumbnail|right|Litecoin Paper Wallet]] |
| − | + | A paper wallet is a very secure way to store litecoin, if done correctly. Here are the steps on how to securely create one. | |
# Visit http://liteaddress.org/ | # Visit http://liteaddress.org/ | ||
# "Right-click" and save the page for offline use. | # "Right-click" and save the page for offline use. | ||
# Save the files to a formatted USB drive. | # Save the files to a formatted USB drive. | ||
| − | # (Optional) Boot your computer into [http://www.ubuntu.com/download Ubuntu] using a live CD. | + | # '''(Optional)''' Boot your computer into [http://www.ubuntu.com/download Ubuntu] using a live CD. |
# Disconnect from the internet. | # Disconnect from the internet. | ||
# Open the files, it will load as if you are browsing the website. | # Open the files, it will load as if you are browsing the website. | ||
# Generate a paper wallet. | # Generate a paper wallet. | ||
# Print and keep in a safe place. | # Print and keep in a safe place. | ||
| + | |||
| + | You will be able to receive payment to the public address printed on your wallet. If you want to spend the litecoin, you can easily import the private keys into your digital wallet. | ||
| + | |||
| + | == Hardware wallets == | ||
| + | Although hardware wallets are officially on the market, they are expected to provide an even better combination of enhanced security and usability. | ||
