Timeline for Can I spend/transfer bitcoins directly from cold storage?
Current License: CC BY-SA 3.0
13 events
when toggle format | what | by | license | comment | |
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S Dec 5, 2017 at 23:18 | history | suggested | G.O.N. | CC BY-SA 3.0 |
fixed grammar
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Dec 5, 2017 at 22:53 | review | Suggested edits | |||
S Dec 5, 2017 at 23:18 | |||||
Sep 21, 2017 at 10:27 | answer | added | jiggunjer | timeline score: 0 | |
Sep 1, 2015 at 16:54 | history | edited | morsecoder | CC BY-SA 3.0 |
edited title
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Apr 16, 2014 at 2:23 | history | edited | John T | CC BY-SA 3.0 |
Removed extra info and better tags
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Apr 15, 2014 at 2:27 | answer | added | hedgedandlevered | timeline score: 5 | |
Apr 15, 2014 at 2:17 | history | tweeted | twitter.com/#!/StackBitcoin/status/455892565607604224 | ||
Apr 14, 2014 at 15:35 | answer | added | Peter | timeline score: 7 | |
Apr 14, 2014 at 13:08 | comment | added | dchapes | You can generate a signed transaction on an offline machine as long as it knows what to sign and has the private key. The tx can then be moved to an internet connected machine for submission. The problem is the "know what to sign" bit, a Bitcoin transaction references the output of a previous transaction so that information would need to be fed to the cold wallet. Common practice is to create a new cold storage key and import the old key(s) into a regular wallet where the funds are immediately sent from the old cold address(es) to where they are need and the change to the new cold address. | |
Apr 14, 2014 at 10:55 | comment | added | Vinny | Thanks for that, still trying to build my fundamental knowledge so that does help unconfuse me! One more question if you have time, can I authorise transactions on the block chain from my private keys stored in a cold wallet via a hot wallet that is connected/online to the block chain? Thanks again | |
Apr 14, 2014 at 10:50 | comment | added | user3742 | What you have to understand is that bitcoins only exist in the blockchain. They do not exist in your wallet, either online or offline. All that contains is your public and private keys that allow you to make transactions on the blockchain. You do not transfer bitcoins anywhere when you move them to cold storage, they still only exist as transactions on the blockchain. The wallet cold, or hot, only contains the keys that let you authorize transactions on the blockchain to "spend" those coins. | |
Apr 14, 2014 at 10:11 | review | First posts | |||
Apr 16, 2014 at 2:23 | |||||
Apr 14, 2014 at 9:51 | history | asked | Vinny | CC BY-SA 3.0 |