Receiving settings of bitcoin Wallet
The private key of bitcoin wallet cannot be viewed online. Bitcoin exists on the platform. To download core or classic is the real wallet, and then you can view it
[description of private key of bitcoin wallet]:
1. Wallet encryption refers to automatically encrypting and storing the wallet with private key. The official bitcoin client supports wallet encryption since version 0.4.0. The encrypted wallet will prompt you to enter your password every time you pay. If the password is wrong, the client will refuse to pay
2. If you replace it with the earliest backup wallet (wallet. DAT), you can still trade normally. Considering the principle of bitcoin, it can be concluded that as long as there is a private key (wallet), you can prove that you are the legitimate owner of the wallet. No matter whether you encrypt or delete the wallet (the core is the private key corresponding to an address), you can't deny it
3. When backing up the bitcoin wallet, you should also pay attention to the existence of bitcoin payment change mechanism (for example, if you send 50 BTC in a complete 100 BTC to an address, the system will send 50 BTC to the other party's address, and return 50 BTC to a new address of your client, which will not be directly displayed in your address list)
4. After sending bitcoin to other addresses 100 times or using 100 different addresses to receive bitcoin, please back up your wallet again, otherwise the returned and received bitcoin will be lost forever. In addition to encrypting wallets, users can also generate offline paper wallets and brain wallets
By using secure encryption technology to store digital currency, you only need to have a contract address to transfer the currency. The function of this wallet allows you to put the currency in your wallet when you don't use it, which is higher than the security factor in the exchange
wallet is actually used as an address protocol, because all transactions on the blockchain are recorded in the whole network. Every bitcoin transaction to an address is recorded in the whole network and cannot be tampered with. When bitcoin arrives in your wallet, everyone can see the record to prove it
unlike most traditional currencies, bitcoin is a digital currency. Therefore, the method of this kind of currency is completely different, especially when it is obtained and stored. Because bitcoin doesn't have any physical shape or form, it can't be stored anywhere technically. Instead, it is the private key used to access your public bitcoin address and sign transactions that need to be stored securely. The combination of the recipient's public key and private key makes bitcoin transaction possible
there are several different forms of bitcoin wallets, which can meet different needs, and are different in security, convenience, accessibility and so on
paper wallet
a paper wallet is essentially a document that contains a public address and a private key that can be used to receive bitcoin, allowing you to spend or transfer bitcoin stored at that address. These are usually printed in the form of QR codes so that you can quickly scan them and add the key to your software wallet for transactions
paper wallets can be generated using services such as bitaddress or bitcoinpaperwallet, allowing users to create completely random bitcoin addresses and private keys. The generated document can then be printed, some of which offer tamper proof design, and even can choose to order holographic tags and use them
the main advantage of banknote wallet is that the key will not be stored in any place in digital form, which makes it completely free from hacker attacks. It can record the malware users hit and basically any form of digital theft. However, some precautions still need to be taken when creating wallets
obviously, before generating a paper wallet, you need to make sure that no one is watching you. To eliminate the risk of any spyware monitoring activity, it is recommended to use a clean operating system running from a USB flash drive or DVD, such as Ubuntu
in addition, once the paper wallet is set up, the website code should be able to run offline, which allows you to disconnect from the Internet before actually generating the key. Finally, use a printer that is not connected to the network
in addition, it is very important to know that you are printing valuable personal information on a piece of paper. Therefore, you need to take some measures to protect that piece of paper. For example, it is suggested to put it in a sealed plastic bag to prevent water stop, moisture and general wear. Some people like to laminate it and store it in a safe, storage box or entrust a lawyer to handle it
physical bitcoin
physical bitcoin usually preloads a fixed number of BTCs, and the intention is that as long as the private key remains hidden, it cannot cost its value. This is usually achieved by implementing tamper proof seals
bitbill's first proct was like a credit card, but most of its subsequent substitutes were shaped into a round medal. Mike Cadwell, a cryptocurrency enthusiast nicknamed "casascius", created the first popular casascius physical bitcoin in 2011
the private key is hidden under the strippable hologram, and when it is removed, it leaves the tamper proof mode. In exchange, the coin lost its numerical value. Since then, there have been several new coin makers
physical bitcoin is a very convenient way to store your funds more safely, which is very useful in offline transactions. Most importantly, they have recently become a valuable collection. However, the main drawback is serious security issues
in November 2013, Mike Cadwell was asked to stop the operation of the financial crime enforcement network because his work was considered to be a money sender. The rules of the campaign were so overwhelming that he had to stop selling items containing digital bitcoin. Since BTC is still a legal gray area in many countries, these items may even be considered counterfeit by the authorities
mobile
BTC is an indispensable tool for those who actively use bitcoin every day to pay for goods or trade face-to-face in stores. It runs as a smartphone app, stores your private key and allows you to pay for things directly from your phone
in addition, some applications enable users to use their smartphone's near-field communication function, which means that they can simply click on their phone to oppose readers without having to provide any information at all
any complete bitcoin client needs to access the whole blockchain ledger, which is growing and needs several thousand megabytes of storage space. Therefore, mobile wallet uses simplified payment verification (SPV) technology. They only apply to a very small subset of the blockchain and rely on trusted nodes in the bitcoin network to ensure that they have the correct information
although bitcoin storage is a convenient mobile solution, mobile wallet is vulnerable to hackers. In addition, if someone just accesses your mobile device, you may lose control of the wallet. There are a variety of bitcoin wallet applications running on Android devices. Apple banned bitcoin wallets from the app store in February 2014, but withdrew its decision a few months later
Web wallet
Web wallet stores your private key on the server of the company providing such service. The server is always online and controlled by someone else. Different services provide different functions, some of which connect to mobile and desktop wallets to your address on the device you own
very similar to mobile wallet, e-wallet enables users to access their funds anytime, anywhere through any device connected to the Internet. But unless implemented properly, the organization that runs the site may access your private key and take full control of your money. In addition, some e-wallets operate on the basis of exchanges, and some exchanges close down and escape users' funds
Desktop wallet
Desktop wallet has been downloaded and installed on your computer, and your private key is stored on the hard disk. By definition, they are more secure than online and mobile wallets because they do not rely on third parties for data and are more difficult to steal. They are still connected to the Internet, which makes them inherently insecure. But desktop wallets are a great solution for those who trade a small amount of bitcoin from their computers
Desktop wallet has many different choices to meet different needs. Some focus on security, some focus on anonymity, etc
Hardware
Hardware wallet is a unique bitcoin wallet, which can store the user's private key in a secure hardware device. This is the safest way to store any amount of bitcoin, and there is no verifiable event that money is stolen from the hardware wallet
unlike paper wallets, paper wallets must import software at some time, and hardware wallets can be used safely and interactively. In addition, they are not affected by computer viruses, and the stored funds cannot be transmitted to output devices in clear text. In most cases, their software is open source
some hardware wallets even have screens, which adds another layer of security because they can be used to verify and display important wallet details. For example, the screen can be used to generate recovery phrases and confirm the amount and address of the payment you want to make. Therefore, as long as you invest in a real equipment with good reputation made by a reliable and competent manufacturer, your funds will be safe and reliable
bitcoin wallet and security
possible problems:
capture malware. Malware can scan your disk and find your private key. In a few seconds, all your bitcoins will disappear. Trojan can encrypt all the files on the hard disk. After that, it may find all the links to your wallet, realize how much money you have and ask for the exact amount of bitcoin to decrypt your hard drive
virtual exchange can use your money to escape. You can lose the laptop or mobile phone on which the wallet is installed
suggestions:
< UL >avoid using any wallet that needs Internet connection; Please use the refrigerated option instead
check everything carefully. For example, you can receive an email from blockwallet, but it's actually from blockcwallet, and if you authorize, your bitcoin will disappear immediately
the performance output of the graphics card is powerful, which can be competent for all kinds of large-scale stand-alone games and 3D games, and the replacement improves the level of game experience
the bitcoin trading volume of RMB accounts for more than half of the global bitcoin trading volume. China has become the largest country in bitcoin trading and mining. China pays more attention to the speculation of bitcoin, while foreign countries pay more attention to its application. Of course, China has also begun to pay attention to the application. For example, Ruitai coin is a kind of asset mortgage certificate, while Weimeng coin serves for micro business.
in fact, I suggest that if you don't know much about the basic knowledge of bitcoin wallet or have no technical background, you should not store bitcoin in your downloaded wallet. Now the technology of online wallet is quite mature. You can store bitcoin in online wallet, which is simple, convenient and safe. Of course, you can also find a bitcoin payment company to help you receive bitcoin
there are some bitcoin wallet installation tutorials on bitcoin home. You can learn about them.