Is Paper Wallet Safe? – Katoch Tubes

Decoding paper Wallet

What is Paper wallet?

Paper wallet is literally a piece of paper to store public & private keys of digital wallet securely.

How does it work?

When keys are printed, they are removed from digital wallet & network, enabling high security  & privacy

Using paper wallet?

The wallet contains Key  & QR code.The QR is scanned by the wallet generator app to transfer the coins to digital wallet.

The outdated tech

Paper wallets were the securest option till 2016. The tech is overtaken by cold storage & browser wallets

The biggest issue

Paper wallets are like perishable items. Few drops of water is enough to damage them or maybe chewed by pet

Is Paper wallet Safe?

Paper wallet is outdated tech and not the safest option anymore. Instead use the hardware wallet

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