LogFAQs > #892057073

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Topic	Crypto General #1: Bearish af
NoMeLx22x 12/12/17 2:45:25 AM #318:	The_Juice_ posted... So what's a paper wallet, and what makes it different from a normal digital wallet? Besides the obvious "it's paper"....like how does it work exactly? From my understanding, basically you're able to physically print your public and private key on a piece of paper so they are totally offline and able to put them anywhere you want to keep them safe. Then when you want to withdraw or deposit more you just scan it (kinda like a QR code) and copy the address where you want it to go or be sent. So basically it's completely offline like 98 percent of the time, thus pretty much impossible to hack. (Might be wrong about some stuff, still new to this here) --- Sigs are for losers. <cite>NoMeLx22x posted [p:892057073] in Crypto Gen... [t:76049103]...</cite> <quote><cite>The_Juice_ posted...</cite> <quote>So what's a paper wallet, and what makes it different from a normal digital wallet? Besides the obvious "it's paper"....like how does it work exactly?</quote> From my understanding, basically you're able to physically print your public and private key on a piece of paper so they are totally offline and able to put them anywhere you want to keep them safe. Then when you want to withdraw or deposit more you just scan it (kinda like a QR code) and copy the address where you want it to go or be sent. So basically it's completely offline like 98 percent of the time, thus pretty much impossible to hack. (Might be wrong about some stuff, still new to this here) --- Sigs are for losers.</quote> ... Copied to Clipboard!
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