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0x14_choosing_wallet.md

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root@deepweb:~# ./wallet-cli --create

Selection Criteria

Classes of Wallets:

  1. Custodial (BAD): Coinbase, Binance, PayPal. They hold the keys. They can freeze your funds.
  2. App/Software (GOOD): Electrum, Cake Wallet. You hold the keys (Seed Phrase).
  3. Hardware (BEST): Trezor, Ledger. Keys never touch the internet.

The Seed Phrase:

  • A list of 12 or 24 words.
  • Anyone who has this list OWNS your money.
  • Never type it into a computer unless you are recovering a wallet. Write it on paper.

root@deepweb:~# ./tips.sh

[ TIPS & TRICKS ]

  • Paper Wallets: Generating a keypair offline and printing it out. Good for long term "bury in the backyard" storage.
  • Testing: When generating a new wallet, send a small amount ($1), delete the wallet, and try to recover it with the seed. If it works, the backup is valid.

/* -------------------------------------------------------------------------- / / CONTRIBUTE / / -------------------------------------------------------------------------- */

root@deepweb:~# ./donate.sh --support-dev

[ KEEP THE NETWORK ALIVE ]

"Information wants to be free, but servers cost money."

  • [STAR_REPO]: Star this repository to help others discover the truth.
  • [DEPLOY_FUNDS]: Access Ko-fi Gateway (Fuel the research).
  • [SYNC_UPDATES]: Follow on GitHub to receive the latest payloads.

System Message: Every contribution sustains the node. Ack received. //

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