Great news! CryptoDezireCash (CDZC) PaperWallet is now live.
One of the most popular options for keeping your CDZC safe is something called an CDZC paper wallet.
Here you will learn how to transfer all those digital coins into a physical paper form using just a printer.
What is an CDZC paper wallet and why do I need one?
An CDZC 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 OK coins to you.
The other part of your Okcash wallet is the private key. It is this that enables you to send OK 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.
What is an CDZC paper wallet?
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 CDZC coins sent to its address.
How to create an CDZC paper wallet.
Please visit : https://cryptodezire.com/paperwallet/