hat
Enthusiast
- Joined
- Nov 20, 2006
- Messages
- 21,731 (3.41/day)
- Location
- Ohio
| System Name | Starlifter :: Dragonfly |
|---|---|
| Processor | i7 2600k 4.4GHz :: i5 10400 |
| Motherboard | ASUS P8P67 Pro :: ASUS Prime H570-Plus |
| Cooling | Cryorig M9 :: Stock |
| Memory | 4x4GB DDR3 2133 :: 2x8GB DDR4 2400 |
| Video Card(s) | PNY GTX1070 :: Integrated UHD 630 |
| Storage | Crucial MX500 1TB, 2x1TB Seagate RAID 0 :: Mushkin Enhanced 60GB SSD, 3x4TB Seagate HDD RAID5 |
| Display(s) | Onn 165hz 1080p :: Acer 1080p |
| Case | Antec SOHO 1030B :: Old White Full Tower |
| Audio Device(s) | Creative X-Fi Titanium Fatal1ty Pro - Bose Companion 2 Series III :: None |
| Power Supply | FSP Hydro GE 550w :: EVGA Supernova 550 |
| Software | Windows 10 Pro - Plex Server on Dragonfly |
| Benchmark Scores | >9000 |
I've been considering using some type of "cold storage" BTC wallet, rather than letting it all simply sit in Coinbase. I'm interested in paper wallets, but I have questions. As I understand it, a paper wallet essentially contains two strings of random characters, such as "DFgdfgdfgDFGSDF34534sd". One is a public wallet address, and one is a private key that serves as a password of sorts to this wallet. So, I could send you bitcoin, and you would see it came from "DFgdfgdfgDFGSDF34534sd", or you could send bitcoin to it. The other string of characters, I assume, I would need to provide whenever I do an action with this wallet.
My main question is... uh... how exactly does this work? If I send BTC from Coinbase to this as of now metaphorical paper wallet, where are the bitcoins, really? And how exactly would I send bitcoins from this wallet?
My main question is... uh... how exactly does this work? If I send BTC from Coinbase to this as of now metaphorical paper wallet, where are the bitcoins, really? And how exactly would I send bitcoins from this wallet?
