Bitcoin Q&A: Key Storage Best Practices

  • What is a hierarchical deterministic (HD) wallet?
  • How are paper wallets different from hardware wallets?
  • Which of the Bitcoin wallets and/or clients (mobile, desktop, hardware) is best for storing coins?
  • Are hardware wallets with Bluetooth secure?
  • Regarding desktop wallets, what happens if your hard drive fails?
  • Should you use different tools for storage of keys versus spending?
  • Should you encrypt a text file for cold storage of keys?

These questions are from the fourth session of MOOC 11, which took place on February 22nd 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

Are you a newcomer who wants to learn about Bitcoin and open blockchains? Andreas has a playlist for you: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj