What exactly is a ‘Paper Wallet’? Do I Want one?

What exactly is a ‘Paper Wallet’? Do I Want one?

This post is structured as a question-and-answer like many other recent articles at Wild Duck. That’s since it had been initially my answer an associate of Quora, a Q&A site of which we am a Bitcoin columnist.

What’s a ‘Paper Wallet’

A paper wallet is the ultimate offline wallet. It just ensures that the personal address to your crypto wallet is printed written down — either as a sequence of figures, a QR rule, or a few seed data data recovery terms.

If you destroy any electronic content of the initial wallet (age.g. the private secrets that provide you usage of your wide range), then hiding this little bit of paper is quite comparable to hiding a bar of silver. The best way that some one can take it or understand the quantity it represents is to find their eyes and on the job one thing physical. Read the rest of this entry »