In my old setup, I created a seed using Electrum wallet with internet connection on Windows 10.
I was told in recent post that the safer storage is a hardware wallet.
Is this also the safest way to create a seed? If seed is created and the 12 words displayed on the hardware device itself?
Also, can a wallet be created safely offline?
What's the safest way to *create* a seed?
byu/fap_fap_fap_fapper inBitcoinBeginners
Posted by fap_fap_fap_fapper
3 Comments
Dice roll it and use a wallet to calculate the checksum.
Yes and yes.
A hardware wallet is better, both for creating a seed and securely using it, but you can also create one offline with something like Electrum in tails.
Here are some common ways people create seeds :
1) **Easiest and Free but slightly less secure than other 2 options** – in ios or android install an open source wallet like blue or green . Copy down the 12 seed words and 1 or multiple addresses . send Bitcoin to the address and after confirmed received delete the wallet . Optional – create a watch only wallet with exporting the extended public key before deleting the wallet
2) **easy but will cost ~65usd typically** – buy a hardware wallet that you use to create the paper wallet with, Copy down the 12 seed words and 1 or multiple addresses . send Bitcoin to the address and after confirmed received reset the hw wallet or don’t
3) **more complicated but free** – setup a linux live usb with tails , boot into the live usb with bootloader options on your computer and stay offline , use it for a minute , start electrum that is preinstalled , backup your wallet on paper , send Bitcoin to an address associated with that wallet , confirm BTC is received in a block explorer on a separate device, reformat usb
Ideally you also export the xpub and create a watch only wallet to create unique addresses per transactions for future deposits as well