NAME
paper-wallet - Script to generate a paper wallet file
SYNOPSIS
paper-wallet [--auto]
DESCRIPTION
This script will generate a wallet.txt
file in your current working directory that contains Bitcoin wallet details ready to be printed or stored on a flash drive. This file must not exist already or the script will fail (to ensure that you don't override your previously generated wallet that you might have already used).
This is intended to be used as cold storage (Bitcoin wallet which does not have active connection to the Internet). The generation should best take place while being offline.
The script will interactively ask for wallet password and entropy (random data that secures your funds). If you don't have any means to generate random data, like rolling dice, or you don't know how to properly do so (to ensure large enough entropy), it is recommended to use the --auto
flag, which will use secure random generators to do it for you. Password can be skipped by hitting enter, but it is not recommended to do so. Remember that there is no way to restore your password, so make sure you won't lose it.
After printing, you can cut off the top section (mnemonic seed) and store it apart from the addresses for safety.