Decoding paper Wallet
Decoding paper Wallet
What is Paper wallet?
What is Paper wallet?
Paper wallet is literally a piece of paper to store public & private keys of digital wallet securely.
Paper wallet is literally a piece of paper to store public & private keys of digital wallet securely.
How does it work?
How does it work?
When keys are printed, they are removed from digital wallet & network, enabling high security & privacy
When keys are printed, they are removed from digital wallet & network, enabling high security
& privacy
Using paper wallet?
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 wallet contains Key
& QR code.The QR is scanned by the wallet generator app to transfer the coins to digital wallet.
The outdated tech
The outdated tech
Paper wallets were the securest option till 2016. The tech is overtaken by cold storage & browser wallets
Paper wallets were the securest option till 2016. The tech is overtaken by cold storage & browser wallets
The biggest issue
The biggest issue
Paper wallets are like perishable items. Few drops of water is enough to damage them or maybe chewed by pet
Paper wallets are like perishable items. Few drops of water is enough to damage them or maybe chewed by pet
Is Paper wallet Safe?
Is Paper wallet Safe?
Paper wallet is outdated tech and not the safest option anymore. Instead use the hardware wallet
Paper wallet is outdated tech and not the safest option anymore. Instead use the hardware wallet
Also check:
Also check:
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Best Crypto Wallets
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Insta NFT
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Insta NFT
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