The Essential Guide to Bitcoin Wallet Security
Secure your Bitcoin Wallet in Minutes.
Illustrated Guide to Encrypting and Backing Up your Bitcoin Wallet.
This is the most important information any Bitcoin or Digital Currency collector needs.
Wallet security can be broken down into two areas: protecting your wallet against loss and protecting your wallet against theft thus it is important that you are protected adequately and are using appropriate long-term protection.
Security information regarding the encryption and backing up of Bitcoin Wallets is readily available over the internet but this publication has attempted to simplify this process by collating all the required information into a single, easy to use, all in one, package that will have your Bitcoins secured in quick time.
Bitcoin Wallet Security is a basic, fully illustrated guide, that has collated all the necessary information that will allow you to secure your Bitcoins in minutes. This is a basic step by step guide on how to encrypt your Bitcoin wallet, hot wallet backup and the more secure cold wallet backup.
It includes a chapter outlining the importance, and creation of, strong passwords and passphrases preventing the hacking of your Bitcoin Wallet by Bitcoin specific malware and other malicious programs.
The use of commercially available hardware wallets is also discussed.
Bitcoin cold storage, cold wallets, is achieved when Bitcoin private keys are created and stored in a secure offline environment.
Cold storage is crucial for anyone holding bitcoins as all computers connected to the internet are vulnerable to hackers so, online wallets, internet connected wallets, or hot wallets should not be used to store bitcoins.
An Internet connected computer is referred to as a "hot wallet", threats can be lowered but hot wallets by definition are unavoidably risky.
Encryption, backing up and cold storage of wallets should be an essential part of any Bitcoin investors security procedures.
