Paper Wallet Generator of Bitcoin | Create Bitcoin Paper Wallet - Crypto Wallets Info
| Crypto Wallets Info |
Paper Wallet Generator of Bitcoin. This is a how to video on creating bitcoin paper wallets. While there are other more secure ways of creating paper wallets for bitcoin, the method that I show you in this video is moderatly safe. Safe enough to store decent amounts of BTC. I don't think I would reccomend storing more than a few hundred dollars worth of BTC in these paper wallets, but they can still serve as a convienient option for handling your Bitcoin. In the following videos, I will show you how to create much more secure Papers wallets for your BTC using an open source program called, Bitcoin paper Wallets. But until then, enjoy learning how to make a Bitcoin Paper Wallet!
You might have heard about paper wallets before but wondered what they are, why you should care, and how to obtain one... In this video, I walk you through the whole process in under 5 minutes, leaving you with a super secure way of storing your cryptocurrencies! Please watch, like, and share this video to support my channel!
Bitcoin is a new technology that functions as a digital currency. It is a peer-based, decentralized way to hold, store, send, and receive value. It does this by maintaining a cryptographic “ledger” called the Blockchain. All of the bitcoins in existence are created and stored on the Blockchain.
Bitcoin with a capital “B” refers to the technology itself. Bitcoin spelled with a little “b” refers to the tokens that hold the value and can be exchanged with others.
Multiple copies of the Blockchain exist on thousands if not millions of computers worldwide. Each copy of the Blockchain “verifies” itself by connecting to the Internet and making sure it has the most up-to-date list of transactions. The Blockchain maintains its integrity by using strong, modern, encryption techniques. This makes it impossible for anyone to alter the ledger, create fake transaction or “double-spend” their bitcoins.
Bitcoins do not require banks or third-party financial services to act as central clearing houses for electronic transfers. In essence, Bitcoin technology “cuts out the middleman”. Bitcoin is a decentralized, peer-to-peer monetary system that exists outside of the traditional, centralized, fiat-currency based financial system.
👓 Command Lines (Core Wallets):
- Walletpassphrase [yourpassphrase] 60
- Importprivkey [yourkey]
- dumpprivkey [youraddress]
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Disclaimer: I am definitely not giving you any financial or investment advice. This video and our website at Ultimate Money is for entertainment and education purposes only. It is of the utmost importance that you do your own research and use your own best judgment before making your own decisions.
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