Easy & one step process to create
BTC wallet address, its free account
best bitcoin wallet to store crypto.
You and only you are the owner
No one has access to private key
Fully private non-custodial account
The Most secure & safest method
Store btc offline on paper wallet
High protected btc receiving address
Mywallet is chain block app to create best bitcoin wallet account free for mac android and desktop users. Secure wallet on chain technology, safest way to store cryptocurrency on paper wallet as cold storage. Get simple and validated public & private key pairs with QR code to safe keeping your cryptocurrency for long term investment. This is officially recommended software application by the crypto community members from all over the world.
The arrival of Bitcoin 1n 2009 was no doubt a kind of revolutionary change in the world of the money market. The first Blockchain-based cryptocurrency started a tug of war between the Fiat currencies and digital currencies. The strengthening momentum in price and immediate acceptance across the globe subsequently shaped this supersonic digital currency the currency of the future. As time was inching forward the importance and demand of cryptocurrencies were getting substantial particularly in the emerging markets of developed nations. By that time, BitCoin is standing at $33000. A revolutionary surge in price during the pandemic time of 2020 made Bitcoin one of the world's most fascinating currencies. People wonder, which heights it will touch, no matter when and how the strengthening growth in demand was making new records of the bullish trend and resultantly pushing the bears on the back foot. As Bitcoin started trending higher, the incidents of its theft began to emerge once again. History reveals the most recent Bitcoin theft and hackers attack incidents, the prevailing panic about its security and safe storage made the situation more skeptical—some of the most famous mishaps like MT.GOX and QuadrigaCX left insecure impacts on investors' minds, eventually putting people into a state of great insecurities. The reservations about the security and safe storage of BitCoin opened a new chapter of unending controversies. The digital players(hackers) got more advanced as they started applying new high tech strategies to clean the Bitcoin wallets. Engineers and developers were working hard to make the storage of Bitcoin fully secured and foolproof, thus introducing the wallet's providing foolproof security and state of the art offline mechanism for Bitcoin storage.
The word Wallet immediately takes us to the concept of a real Worldly wallet used to keep the physical money and many more wallet-size valuable items. What do you assume the word wallet especially when we talk about Bitcoin or other cryptocurrencies? The picture of an actual pocket-size beautiful wallet emerges in our mind. No it's not the one we are assuming but the basic characteristics of a cryptocurrency wallet almost similar to an actual physical wallet. Usually, It is used to store or keep digital currencies. Cryptocurrency wallets are a kind of software, runs on our computer or laptop even on mobile phones to store Bitcoins and other cryptocurrencies. It usually comes with two different keys or you can call them passwords. One of the keys is called the public key and the other one is known as a private and confidential key same as the password of our ATM Bank card. What are the basic functions of these public and private keys and how they are generated as well as the importance of them would be discussed in the forthcoming section of Paper Wallet for your complete and thorough understanding?
Hot wallets are a kind of wallets that are generated online and ultimately store the cryptocurrency in an online mode too. These types of wallets are highly used in digital exchanges for trading purposes as well as to cater to the everyday demand of routine life. Hot wallets are usually considered the less secure wallets in the world of digital currencies and quite vulnerable to any theft and hacking attacks. As they store the Bitcoin assets in an online mode just like an open platform for digital thieves.Both public and private keys are kept online which is highly dangerous for the security of cryptocurrency assets. Unlike Hot wallets, cold wallets are considered one of the best wallets to safely store your BTC Holdings even for a longer period.
As mentioned before cold wallets facilitate the feature of offline storage of the private keys, which are a gateway to the crypto holdings. Simplifying more, the offline features of preserving the private and confidential keys completely rules out the fear of hackers and any other unauthorized attempt to approach your BitCoin Holdings. Thus making your valuable digital assets completely secure and foolproof. Cold storage is available in the forms of hardware and soft storage (paper wallet).
A paper wallet is one of the most high tech developments of IT engineers and developers, launched in 2010. The state of the art development was no doubt a surprising initiative for the safe and foolproof storage of Cryptocurrency not just for the users of digital currencies but for the rest of the globe as well. A paper wallet is in fact like other online general wallets, used to store and transfer Bitcoins and other cryptocurrencies between the buyers and sellers of digital currencies. Paper wallet is a kind of software that usually runs on your computer, laptop, and mobile phones through different available online platforms. Making more easy to understand, A paper wallet is an offline state of the art mechanism for storing bitcoins through highly protected methods. Unlike fiat currency(the bank issued currency), there is no physical existence of a Bitcoin (or any other types of cryptocurrency). Rather, Paper wallets that are used to store digital tokens are usually software programs that help to facilitate updates to the blockchain ledger when transactions are made for both sending and receiving purposes of digital assets. Paper wallets are different from so-called hot wallets because they operate separately from the Internet. However, they still do not store physical bitcoins, the paper quality of these wallets refers primarily to the method of access for the Bitcoin Holders.
Whatever the wallets are generated either online wallets(Hot wallets) or offline wallets( cold wallets) both require Public and private keys. The public key is a kind of randomly selected cryptographic serial of both alphabets and numerics. Public key generally works as a public address in order to receive the cryptocurrency into your account. A public key is similar to your bank account number or swift code, which is used for the depository and receiving purposes of amount, it doesn't make any inconvenience or loss for you, however, the most important and I would reiterate the highly sensitive thing is your private and confidential key. This private and confidential key is also a combination of randomly selected cryptographic alphanumerics, which work as an actual key to all the locks and barriers to your valuable crypto assets. Unfortunately, if you miss the private keys or someone accesses them then no one can stop them to steal or take away your digital funds within no time. Only the Private key is used to access, transfer and move your funds from your wallet to anywhere else either with or without your consent. We do hope that now you would have enough idea to understand the functions and significance of private and public keys.
As said earlier Paper Wallet is one of the greatest and high Tech developments of IT engineers and developers. It is usually believed one of the most safest and secure ways to store valuable BitCoin assets even for a longer time.Its ultra-secure and state of the art offline features making it more popular among the cryptos community. Unlike hot/online wallets it is widely used particularly for the long time and safe storage of your cryptocurrency assets. Storing everything (private and confidential keys)in an offline mode makes such a secure and safe layer around your BitCoins assets that is almost unbreachable to even highly advanced hackers. Hot or online wallets are greatly vulnerable to any cyber attack. Recently reported, a young kid was sentenced to10 years in prison because of stealing 5million dollars through his mobile phone. Our correspondents informed us that he successfully got the private keys of a cryptocurrency exchange that usually hold their Bitcoins in hot wallet storage for their day to day trading needs.
After explaining the inevitably important and vital role of paper wallets in safeguarding crypto assets, we are going to explain the functioning mechanism of paper wallets in detail. As you know a paper wallet contains both public and private key pairs to make successful crypto transactions. It is generally created with the help of a key generator program and printed on paper as two long series of alphanumeric characters and two QR codes. Bit coin paper wallet is a kind of noncustodial cold storage wallet — meaning you have full control over both keys yourself, and the wallet is not connected to the internet. Paper wallets are usually considered one of the best ways to secure large holdings of cryptocurrency for a longer time, while the other methods of cold storage are now thought the gold standard. As the paper wallet method has nothing to do with the internet while storing your private keys, therefore it is highly recommended to ensure that your system is not connected to the internet while you get the print of your private keys. Even some of the cybersecurity experts suggest that each time you get the print of your private keys, you must ensure that the printer being used must not be connected to the internet in either way. After you got your private keys on your paper wallet, it's now your prime responsibility to place that piece of paper at some safest place, or even bank security deposit boxes can also be used for the rest of safety matters. Always remember this piece of paper got your private and confidential keys as a paper wallet are the codes to access your account for transferring funds.
The use of Paper Wallet is quite friendly, no tricky steps to be followed, simply you need to have a computer, laptop or even a mobile phone can also be used but we don't recommend the use of a cellphone to get the print out of your private keys. Do remember the use of the mobile phone during the print out process can be vulnerable to the security point of view. A fresh and updated computer is mostly preferred before going online. Following is the detail of complete use of Paper wallet. Simply log in to Coinbase, access your 'accounts', and then click on the 'receive' button for your Bitcoin account. This will display you a QR code on your screen. Now the time to open up your paper wallet to reveal the private and confidential keys as well as the QR code. Scan your private QR code using your phone's wallet software. Properly clean up your computer or laptop and then set up an offline printer. Most importantly before generating a paper wallet, clean up the computer to be used by scanning it with up-to-date, high-quality antivirus and anti-malware tools. In addition to it, make sure that the printer going to be used is connected directly to the computer and can print but not connected to the internet. For the satisfaction of advanced users, there are some more complex and tricky methods available to enhance computer security such as using the Glacier protocol’s multi-laptop process, installation of the entirely new operating system after wiping the hard drive with a military-grade disk cleaner, or booting from a security-centric boot disk such as Tails.
Please download a paper wallet generator.
While it is possible to generate a paper wallet online, But always remember, it is more secure to generate it in an offline mode. Visit the generator’s website and download a zip file that contains a copy of the website. For Bitaddress.org, the download link is at the bottom of the page. Downloaded files will be deleted after use, so save them somewhere easily accessible.
Personally and honestly speaking, storing the Bitcoin assets in an offline mode is a kind of “state of the Art Mechanism” as well as a Landmark in the history of the crypto world. It is an established and undeniable fact that the most secure and safest way to store cryptocurrency offline only is via a paper wallet method. As explained earlier Paper wallet is a cold storage wallet that we can generate through certain websites. It then produces both public and private keys that you print out on a piece of paper making a milestone in the current cyber and highly advanced era of technologies, where almost every impossible thing seems to be possible with the help of advanced and hifi technologies. After you got the print out of both private and public keys, simply place that piece of paper somewhere, you think no one can access other than you. Most people use their bank's safety deposit boxes for further safety. Moreover if, no option available like bank safety deposit boxes one can simply save it at home, keeping in view its sensitivity as a piece of paper and other aspects of loss and damage. As we were reported often that someone placed his/her paper wallet at home but unfortunately it got damaged and burnt out and the private was not possible to retrieve, resultantly lost everything had in that paper wallet account, Always remember once you lost the private key and a recovery phrase too, you will never be able to access your account anymore and your all Bitcoins will be in the trash. Therefore the safety of paper wallet is crucial too, must place it away from water, fire and the approach of kids.
Generating random private keys as wallet passwords is an easy process. Making it easier to understand just imagine a sender is the one who is sending you the amount of the crypto at your public address that is known as public key encrypts data with the receiver's public key, but the holder of the private and confidential key can only decrypt this data. Computer cryptography uses integers for keys. In some cases keys are randomly generated using a random number generator (RNG) or pseudorandom number generator (PRNG) otherwise if you are willing to select the alphanumerics of your own choice, yes you can go for that, both the option is available there. But it is highly recommended to only select randomly chosen keys with the help of Random Number Generator.
History always helps to make future decisions, those who don't learn from others or the incidents of the past always learn at the cost of fortune or any other heavy loss. The point is that why these misfortune incidents are quoted repeatedly while explaining the cryptocurrency, just to make other alert and vigilant so that no other person get into their traps. Since this supersonic digital currency made an all-time high in price, cyber players got more alert and highly advanced, latest and extraordinary high tech methodologies are being used to illegitimately steal the private keys of BTCHolders. So what are we supposed to do, now keeping all aspects and high tech methodologies in view. Some simple but very helpful strategies are being explained for better security and safe storage against each possible threat whether it's hacking or malware. Always use a firewall, before getting online. Install licensed antivirus software to protect your cybersecurity completely. Some online available free software is much reliable, try to use authentic antivirus. Don't forget to install an anti-spyware package. Use complex passwords, a combination of alphanumerics as well as upper and lower case as well.
Hardware failure is usually a kind of malfunction within the electronic circuits of your laptop or desktop system or it can be damage of electromechanical components like disks, tapes, Ram or even a single IC failure of the motherboard can cause a severe hardware failure. Recovery from a hardware failure always requires repair or replacement of the damaged part.
A specifically installed software stop delivering the required results according to its specifications and input values is called a software failure.
Tips to avoid hardware &software failure.
BTC Paper wallet offline storage is a State of the art feature providing a facility to store your BitCoins in a completely offline mode. Possible threats always work effectively when our activities regarding digital currencies remain online. While connectivity with the internet itself is a big threat, we don't know who is watching our activities online as told earlier even a tiny act of carelessness can put you in a deadly dangerous zone.
The use of paper wallets is getting popular among the users of Digital currencies only because of its highly secured and safe offline mechanism of storing the crypto holdings. However, there are many other hardware wallets also provide a facility of storing your Bitcoins offline but they cost a reasonable amount, while paper wallet doesn't cost anything other than a printer and a paper, moreover, with the help of paper wallet we got the option to make as many paper wallet as we need. Use of a hard wallet no doubt is a good option but imagine for a while if any error occurs in your hardware wallet which usually happens, your hardware wallet will be of no use.
There are hundreds of websites available online providing the facility of Paper wallet generation but once more, be careful it's a matter of money, and if unfortunately, you get on the wrong website which following the fewer security features to cut their expense you can face a great inconvenience. Therefore it is highly recommended to always rely on those websites having a good reputation and better reviews of their customers about their services and history. A trustworthy and well-reputed website always opt for the best security features without bothering its cost just to provide fool-proof and highly secured services to its customers. They always follow the highly advanced and latest security features and resultantly earn a good history among its users and customers, so stay vigilant and keep watching all around you as we cannot simply ignore the factor of phishing attacks. Making your approach clear towards“Phishing”, 'is a well-known category of a cyber attack, usually digital players make almost similar websites or send you similar links to the one already being used by you, as you click on their fabricated fake links, they simply ask you to put all the credentials usually provided to access your wallet, then your game is over and their time starts to show their skills of online robbery or theft, they would simply clean your accessed account within no time, Following are the lists of some best websites offering the best and foolproof paper wallet generation services.
Guarding bitcoins is perhaps the main duty in the realm of advanced resources. As the cost of bitcoin keeps on climbing, trades and wallet suppliers seem more powerless to online attacks. The most ideal approach to protect your bitcoins is putting them away yourself disconnected in what's called cold storage.
The primary things you should start with some bitcoins, a printer, and a bitcoin wallet with QR understanding abilities. In btcofficialwallet.org's instrument segment, we have a paper wallet maker that is not difficult to utilize and requires only a couple of minutes. Other Bitcoin paper wallet suppliers offer a comparable encounter for making paper wallets. At the point when you access our paper wallet maker instrument, you start by producing a location. To do this every one of the ones needs to do is move their mouse around the screen and the application creates an arbitrary arrangement of keys. When the key generator arrives at 100%, a public and private key will be shown on the screen. The paper wallet creation would now be able to be imprinted on paper, stacked with bitcoins, and a BIP38 passphrase can likewise be added. A BIP38 passphrase encodes your paper wallet guaranteeing your assets will be protected if the wallet was taken or some way or another uncovered. On the off chance that a client chooses to encode the wallet with BIP38, an aggressor would have to enter the passphrase to acquire the assets. Utilizing BIP38 encryption isn't suggested for your first paper wallet except if you are OK with the cycle. On the off chance that the passphrase is lost or failed to remember the assets can never be spent. Be that as it may, using BIP38 adds a second layer of insurance on top of the care techniques for putting away your actual paper wallet.
On the off chance that you are happy to surrender protection, you can utilize an online wallet or trade. This includes confiding in others with your bitcoins. On the off chance that you hold the solitary keys, you are the just one in control. If you let an organization hold the keys for you, you are confiding in them with your bitcoin. On the off chance that they get assaulted or lose your bitcoins (it has occurred). They are no more. It won't resemble a monetary emergency, governments (or anybody) can't simply print new bitcoins.
Most clients would consider this idea a component, not a bug. This implies you should be dependable as bitcoin keys are indispensable, computerized antiques
Before beginning with bringing in your wallet's private keys, we should explain three significant definitions. Reinforcement: A document containing a wallet's private key data. Reinforcements can be sent out from a wallet or imported to a wallet. The way toward making a document containing a wallet's private key information. Traded keys can be imported to another/diverse wallet to offer admittance to the Bitcoins related to the sent out private key(s). Import: The way toward overseeing Bitcoin through a sent out reinforcement. Wallets can import private keys through content records or QR code filtering. Bitcoin isn't put away locally on your telephone or PC. They are put away on the blockchain and you utilize a Bitcoin wallet to get to the coins for sending/accepting the digital money. This implies on the off chance that you lose your telephone or purchase another PC you can get to your Bitcoin by bringing in your key(s) from a formerly sent out reinforcement. With a reinforcement, you can recuperate your Bitcoin whenever by bringing in the private keys related to that wallet from the reinforcement. This is the reason, basically, clients set aside the effort to make a reinforcement of their wallet before adding Bitcoin to it. Besides making a reinforcement, it would be ideal if you see our Btcofficialwallet.org wallet direct. On the off chance that you have not previously done as such, it would be ideal if you proceed and reinforce your wallet. This cycle is canvassed in detail in the guide on the most proficient method to utilize the Bitcoin.com wallet. If you don't reinforce your wallet and store this data someplace safe you risk losing all bitcoins on that address if you lose or harm the gadget on which your wallet is introduced. When you have a reinforcement, you are prepared to continue.
As it is offline wallet, highly secured
Created with Random private keys
protected from cyber attackes
Safe haven for digital assets.
safest place to store btc value
keep your crypto coins offline
Free of cost cold storage wallet
Better then ledger nono S trazor
Importable into any hot wallet
Backup your entire wallet offline
Access funds when ever needed
Smooth, seamless & so simple