As hackers are becoming better and better at stealing information, looking for vulnerabilities everywhere so they can steal coins it's becoming harder to keep wallets safe, to keep private keys private. It's a constant conscious effort, and it is exhausting.
One of the things I hear a lot is that paper wallets are safer. Are they really? Well, I decided to spend some time looking at how they work to see it was something I could adopt. I came across this video by Andreas Antonopolos. If you don't know who he is, you really need to look him up and follow his YouTube channel.
Here is a video he did on paper wallets that explains simply how they work, why they're safe when used correctly and lengths you have to go through to actually create and maintain one. Very useful information.
and on that note,... paper wallets are really not for me.
Next, research on hardware wallets.
Thanks for reading!
-pinkdust
my places
--Trade alt coins! Join Binance.com
---BUY BTC/ETH with visa/mastercard
----CEX exchange load account directly with visa/mastercard + withdraw with a chargeback
-----Get fiat without cashing out your crypto
This article is not financial advice.
Congratulations @pinkdust! You received a personal award!
Click here to view your Board
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @pinkdust! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit