This post is structured as a question-and-answer like many other recent articles at Wild Duck. That’s as it had been originally my answer an associate of Quora, a Q&A website of which we am a Bitcoin columnist.

What exactly is a ‘Paper Wallet’

A paper wallet may be the offline wallet that is ultimate. It just means the personal target to your crypto wallet is printed in some recoverable format — either as a sequence of characters, a QR rule, or a number of seed data data data recovery terms.

Then hiding this piece of paper is very similar to hiding a bar of gold if you destroy any electronic copy of your original wallet (e.g. the private keys that give you access to your wealth. The way that is only somebody can take it or understand the quantity it represents is to obtain their eyes and on the job one thing physical. (more…)