Silk Road forums
Discussion => Newbie discussion => Topic started by: Fahshizzle on September 28, 2013, 01:57 pm
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Is it possible to use Tails as a cold storage for my wallets? i understand there's a VERY small chance i have keylogger or trojan deep in my BIOS that would boot along with Tails but just assume i dont for this :D
What i'd like to do is this:
Save a wallet generator to something like an SD card
Disconnect the ethernet (no wireless installed)
Boot Tails (w/Persistence)
Generate 50 cold storage wallets
Import the public keys into a spreadsheet doc
Import the private keys into a DIFFERENT spreadsheet doc
Save the public keys to my persistence volume
Save the private keys AND the generator to the SD card (should probably have a b/u of this in case the card craps out then all my private keys would be lost!)
Reboot and all of that should be gone allowing me to carry on as normal
I think this provides a "clean and safe" (enough for a small timer like myself anyway) way to generate and maintain my account. The reason for so many wallets is because i will be disposing of them after every use. My buddy and i will be tumbling our funds, in fact since im at it, look this over and tell me what you think, please and thanks! :D
Here's how it works (looking for ways to improve or if there's pointless redundancy):
We go in half on the btc purchase - 10btc/2 = 5 per person = Wallet A & Wallet B, diff localbitcoin transaction, could do 80/20 70/30 doesnt matter but for ease of understanding, whole numbers make life easier
Send the seperate BTC we each bought to the other person - Wallet A's 5BTC goes to Wallet B, and vice versa. It'll shows funds were paid to someone but LE would never know who
We BOTH then send the 5 "NEW" BTC to the same wallet - "Wallet C" is now a "spending wallet" and will never be used again, the coins have also been tumbled at this point to an anonymous person
Prepare and shop, acquire total - Lets say the total comes out to 8BTC, again for ease of math as it will probably never come out that perfect
Send all 10BTC to SR from Wallet C and spend
The remaining 2 BTC are then sent out to Wallet D and Wallet E evenly
Wallets D & E could be flagged as coming out of the SR! - To combat this, we send the coin to a common cold storage wallet, "Wallet F" before spending but AFTER/IF D & E need additional funds
Wallet F will become the same spending wallet as C was in the above example for the next purchase.
When you draw it out on paper it has a cool "helix" pattern and it really makes sense BUT im far from experienced so some help refining would be great :D
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bump for this shit!
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BUMP! 47
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bump
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I fear you dont understand the term tumble you might want to read up on it a bit more because that can be traced to point of sale
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@cryngie
Oh but i do. I'm referring to spending the coins completely unrelated to the SR. At this point im nowhere near big enough to worry about an actual mixing service. call the "flipping" of the coins w/e you want but really it's the same thing.
you still have to send your coin to a mixing service leaving that trace. the same trace as me sending to my buddy except LE knows about the mixing services and they dont know about my generated wallet
if im still not understanding YOUR point, please enlighten me. im here to learn and your post wasn't constructive at all
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Ok every transaction is tracable through the blockchain what a mixer/tumbler does is breaks up the coins into random amounts and multiple transactions thus making it virtually impossible to trace where as yours I could trace through blockchain to the point of purchase easily
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well fuck, i put a lot of work into that flow chart... was hoping using a friend to buy the coin for me and then sending it on to me would solve the traceability of it
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epic fail on that one, but if you get a wallet from say blockchain.info they tumble them for you there is also a deepweb service called bitfog but they have a higher charge 1-3% from memory and blockchain is instant
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im trying to set up a local Lucy gig since there aint shit here, nothing huge and all blot's. what do you suggest i do? Blot is super easy to conceal and no matter how safely i buy btc i still have to ship it. ive accepted that but as for buying btc, there are 10 million pages of different ways to do it and a lot of them have conflicting information. in a way i said fuck it and am now willing to even walk into a bank and make a deposit using localbitcoin. really it's "pretty safe" as long as im not ordering a libraries worth. say 1 sheet at a time.
what would you suggest?
bitinstant sounds cool but the month wait to get to level 2 is lame, im trying to get a 5 strip anyday now
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localbitcoins is fine just tumble them through blockchain or bitfog and thats as safe as can be
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@cryngie
got a link for a blockchain tumble method or two??
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https://blockchain.info/wallet [clearnet]