How to make a Bitcoin Paper Wallet - Step by Step Process Explained- How Secure is it ? [Hindi]

Click here to subscribe our channel for latest videos:    / @digitalnoticemedia   In this video we have explained a step by step process of creating a Bitcoin paper wallet. One of the most popular options for keeping your bitcoins safe is something called a paper wallet. Here we explain how to transfer all those digital coins into a physical paper form using just a printer. Note that in this guide we’ll be talking about bitcoin. A bitcoin wallet consists of two ‘keys’. The one you’ll already likely be familiar with is the public key, which is your wallet address and is how other people send bitcoins to you. The other part of your bitcoin wallet is the private key. It is this that enables you to send bitcoins to other people. The combination of the recipient’s public key and your private key is what makes a cryptocurrency transaction possible. It is important to understand that, if anyone else obtains the private key of your wallet, they can withdraw your funds – this is why it’s absolutely essential that nobody else discovers it. So, if you keep your coins in either an online wallet, or a hard-drive-based software wallet, you are vulnerable to attacks by hackers or malware that can log your keystrokes. Furthermore, a stolen PC or a hard-drive crash could also see you waving bye-bye to your digital treasure. Used with care, a paper wallet can protect you from these possibilities. A paper wallet is a document that contains copies of the public and private keys that make up a wallet. Often it will have QR codes, so that you can quickly scan them and add the keys into a software wallet to make a transaction. The benefit of a paper wallet is that the keys are not stored digitally anywhere, and are therefore not subject to cyber-attacks or hardware failures. The disadvantage of a paper wallet is that paper and ink can degrade, and paper is relatively fragile – it’s definitely worth keeping well away from fire and water for obvious reasons. Furthermore, if you lose a paper wallet, you’ll never be able to access the bitcoins sent to its address We are running a giveaway contest: Click on the link provided to enter into the giveaway and follow the steps. ???? LINK : http://bit.ly/2waYXD9 Draw will be held on 5000th YouTube Subscriber. ?? So invite your friends to increase your chance to win the Giveaway ???? #DigitalNoticegiveaway For any questions please comment on the video. Dont Forget to LIKE, SHARE AND SUBSCRIBE ! :) Subscribe :    / @digitalnoticemedia   Write To Us at : [email protected] Visit Our Blog: http://www.digitalnotice.in Like Our FB page :   / digitalnotice.in   Follow Us On Twitter :   / digital_notice   Follow Us On Google+ : https://plus.google.com/1088208950515... Follow Us on Instagram :   / digitalnotice   Follow us on Pinterest :   / digitalnotice