Are Bitcoin Paper Wallets Safe?
Bitcoin paper wallets are a form of cold storage where private keys and public addresses are printed on paper. They are considered safe because they are offline, reducing the risk of hacking. However, their safety depends on proper generation and secure storage. If generated on a compromised computer or stored in an insecure location, they can be vulnerable.To ensure safety, use a trusted tool for generation, print from a secure printer, and store the paper wallet in a safe place, protected from physical damage and theft. While paper wallets are a good option for long-term storage, they require careful handling to maintain security.
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