Ethereum Paper Wallet

Public Address (SHARE)
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Private Key (SECRET)
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Creating a secure and private Ethereum Paper wallet

To carry out any operations with the Ethereum cryptocurrency, you need to make a special wallet. Its main tasks are the acquisition, transfer, sale, and storage of electronic money. There are five types of storage for crypto coins: hardware, online, desktop, mobile, and the most reliable - a paper wallet. It is the last option that is recommended to be done to minimize the risk of losing your cryptographic capital.

Let's analyze in detail the instructions for designing and creating a paper-type virtual wallet for the Ethereum cryptocurrency.

Paper crypto wallet - what is it?

Many may be puzzled by the subtly intricate phrase “paper crypto wallet”, however, you should not be embarrassed. This is the name of a method for offline storage of coins of any cryptocurrency, which in our situation is Ethereum.

Technically, the wallet itself is extremely securely encrypted and resides in virtual space. After registration, two personal passwords (QR codes) are generated for the user - public and secret, which must be printed on paper and carefully hidden in a safe, memorable place. If necessary, the codes are scanned, after which the virtual storage itself becomes available. It displays the balance, completed transactions, system alerts, settings, etc. In general, it is required to ensure maximum safety only for a paper sheet.

Advantages and disadvantages of paper wallets

The main advantage is high reliability and no risk since the data is stored only on physical media, which will be an ideal option for long-term investors.

The disadvantages include the possibility of mechanical damage: fire, moisture should be avoided, surface defects, etc. may occur. You should also hide the paper from prying eyes so that no one can take a picture of the QR codes.

Another key drawback is impracticality. This type of storage is not suitable for regular transactions - it is only suitable for long-term storage of cryptocurrency.

Preparatory activities

For the procedure of formation and registration of a crypto-wallet, you will need:

  • a computer and an Internet connection with it;

    • Advice! It is good if the computer is with a recently updated OS. Malicious programs must not be allowed to be present during key generation!

  • a printer and a sheet of paper;
  • special software that will be downloaded later. It generates random combinations for a unique public and private key.

    • Recommendation! After completing the work on creating a wallet for ETH coins, you need to completely erase the program that generates keys from the PC. The passwords themselves will be made offline, but after accessing the Internet, they can get to attackers from the residual files of the program!

    Create an Ethereum wallet

    The next steps are not difficult, but they must be followed exactly. So, step by step instructions:

  • Carefully check the PC for the presence of viruses. If any are found, then “clean” the OS several times with different antivirus programs;
  • Move to a special page of our website, where there is an Ethereum wallet generator;
  • Interrupt the Internet connection;
  • Start the generation process by following a simple instruction;
  • Get all confidential information, including a QR code with the address of the newly created wallet;
  • Print out the data (you can have several copies);
  • Protect paper media by laminating or storing it in a special folder.

    • The last step is to delete the files that generated the address and key from the computer and clear the history.

    Important! Do not use other people's computers and public Wi-Fi.