private key Archives - Coin Guides

How to backup Ledger Hardware Wallet – Backup Nano S / Nano X device

coinguides — Sat, 24 Jul 2021 11:38:14 +0000

Most users who setup their cryptocurrency wallet for the first time are not aware about wallet backups. They simply setup the wallet, send funds and start using it without doing a proper backup or knowing what to do with the mnemonic seed words. When it comes to wallet taking a backup is the most essential …

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Import wallet.dat file into electrum? Transfer Bitcoin from QT to electrum

coinguides — Fri, 26 Mar 2021 05:22:21 +0000

This guide is mainly intended for Bitcoin core QT wallet users. Its for former users who wish to securely transfer their Bitcoins from their backup wallet.dat file to an alternate wallet. Specifically electrum wallet. And its for those who do not want to wait for the wallet initial synchronization which typically takes hours / days depending …

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How do you Prove you own Bitcoin and Ethereum – Proof of address ownership

coinguides — Sun, 14 Mar 2021 04:46:11 +0000

Proving ownership of Bitcoin (BTC) and Ethereum (ETH)? “Not Your Keys, Not Your Bitcoin”. “Not Your keys, Not Your coins / crypto”. This is a common phrase mostly tweeted by the Bitcoin community. It not only applies to Bitcoin but also for Ethereum, Cardano, Litecoin and basically every other cryptocurrencies. What it means is that …

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Signing Messages with Ledger Nano S / Nano X using Ledger Live, Electrum & MEW

coinguides — Sat, 06 Feb 2021 07:13:57 +0000

Message signing – Do you know that other than signing a transaction the private keys can also be used to sign a message. Jump to the tutorial. You can sign a message with your Bitcoin public address using your private keys. It is called Bitcoin signature. Similarly you can sign a message with your Ethereum address …

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How to generate / create own custom 24 word mnemonic seed phrases?

coinguides — Sat, 12 Dec 2020 07:01:29 +0000

This is a quick topic for anyone who is looking to create their own 12 / 24 word custom mnemonic seed phrases. Recently one of our users asked us “Is it possible to create my own 24 word seed and use it on Ledger Nano S instead of the auto generated one?”. Sure, you can …

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How to verify Electrum signature? Check if your electrum wallet is legit

coinguides — Sat, 31 Oct 2020 06:48:45 +0000

Electrum is one of the most popular Bitcoin wallet that is available for Windows, Mac, Linux and Android. It is safe, fast and simple to use. Anybody can download the wallet and start using it right away. Moreover the wallet is open source. This is one reason why more number of users trust and use …

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Are the Bitcoin public addresses and private keys case-sensitive?

coinguides — Thu, 23 Jul 2020 06:24:04 +0000

When sending Bitcoin beginners often possess several questions in their mind. One of the most common question asked by newbies on forums is; are the Bitcoin addresses case-sensitive? Also when backing up or while printing the keys user again have the same question; are the private keys case sensitive? The simple and straightforward answer is …

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Paper wallet risks – Why you should avoid storing Bitcoin in a paper wallet?

coinguides — Mon, 13 Jul 2020 08:02:00 +0000

Out of many Bitcoin storage methods; paper wallets are perhaps the least understood of all. Often paper wallets are considered to be the most secure way of storing Bitcoin and cryptocurrencies. Well, it’s true. However paper wallets also come with some serious drawbacks and most users are not aware of the paper wallet risks. This …

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Using keepass to store Bitcoin private keys & seed words – is it safe?

coinguides — Sat, 04 Jul 2020 07:12:41 +0000

Where do you store your private keys? If it is on memory stick then how do you keep that safe? Do you store it on cloud? No, that’s really a bad idea. Under the bed? Do you print it on paper and put it in a safe locker? Everybody has their own way of storing …

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Bitcoin QT client / core wallet closing abruptly (crash fixed)

coinguides — Thu, 11 Jun 2020 06:05:16 +0000

Is your Bitcoin wallet closing without any warning or notification? Well, you are not alone. Issues like this are common and in most cases the problem occurs when you force shutdown the wallet. If that is the case then probably you might have messed up your blockchain file. You’ll need to delete the blk.dat files …

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