Monday, January 7, 2013

How to create a bitcoin paper wallet

One of the most secure methods to store your bitcoins is through a paper wallet. If you follow the following tutorial correctly, you only have to trust two things:

(1) You have to trust that it works correctly. There have been past issues with bitaddress.org.

(2) You have to trust that the addresses generated are not generated in a predetermined way. Some users have verified some updates of the code.

1. VISIT bitaddress.org
2. RIGHT-CLICK
3. SAVE AS...
4. DISCONNECT internet
5. OPEN saved file
6. MOVE mouse to generate address.
7. WRITE address on paper
8. WRITE private key on paper
9. STORE paper with address and private key in safe place
10. DONATE to 1EddhCRG1hqwjhVeLeVqtKGiTmX9AA5iwL if you appreciate the advice.

Thursday, May 31, 2012

How to set up #bitcoin-otc

Soooooo you want to trade with the big boys?  To play, create a keypair:

1.  INSTALL files.gpg4win.org/gpg4win-2.1.0.exe

2.  OPEN Kleopatra

3.  CLICK Settings

4.  CLICK Configure Kleopatra

5.  CLICK GnuPG System

6.  CLICK Edit for Configuration of Keyservers in the GPG for OpenPGP tab

8.  DELETE current keyserver

9.  CLICK New

10.  TYPE pgp.mit.edu

11.  CLICK OK

12.  CLICK Apply

13.  SLAP OK

14.  CLICK File

15.  CLICK New Certificate

16.  CLICK Create a personal OpenPGP key pair

17.  TYPE Name and Email

18.  CLICK Create Key

19.  TYPE Passphase  (Passphrases like "OMGiheartHOW2BITCOIN" are more secure than passwords than "bitcoin")

20.  HIT Finish

21.  RIGHT-CLICK key

22.  EXPORT certificate to keyserver

wooooooo!  we're partly done crypto-hacking.  if you're feeling fatigued, remember to donate to 14kxurUje3yPofjMfaQRYZqYN8JyXZmGcp before you pass out.  After napping, we're registering with the OTC.

23.  VISIT webchat.freenode.net/?channels=#bitcoin-otc

24.  TYPE Name

25.  ENTER rando letters

26.  CLICK Gribble on right side of window

27.  QUERY

29.  OPEN Kleopatra

30.  RIGHT-CLICK keypair

21.  CLICK Certificate Details

32.  COPY ID in Technical Details tab

29.  TYPE ;;gpg eregister "desired username" "ID" in Gribble conversation

30.  COPY everything in link in Gribble's response

31.  RIGHT-CLICK Kleopatra in system tray

32.  CLICK Clipboard

33.  HIT Decrypt/Verify...

34.  HIT Finish

35.  TYPE ;;gpg everify "control + V" in Gribble conversation

If you're a savant, gribble will tell you the registration is successful.  THANK GOD that you don't have to do those 35 steps again.  Each time you want to OTC, do these steps in the gribble conversation.

36.  TYPE ;;gpg eauth "username" in Gribble conversation

37.  REPEAT steps 30-35

You now can trade and people will know that you are who you say you are.  To learn how to use OTC, check out more gribble commands.



Thursday, January 12, 2012

How to create a bitcoin wallet in 3 seconds

1. VISIT https://www.instawallet.org

2. BOOKMARK your instawallet

3. DONATE to 1EddhCRG1hqwjhVeLeVqtKGiTmX9AA5iwL    if you appreciate the advice.

WOAH COWBOY!  Now you can send/receive bitcoins.  Note, this wallet is not FDIC insured.  In the wild wild west of bitcoin, outlaws may steal your coins by visiting your bookmarked page.  For long term bitcoin storage, learn how to create a secure bitcoin wallet.