Best Practices for Using and Securing Bitcoins




Coinsider This! A bitcoin podcast for everyone! show

Summary: Alan Reiner, CEO of Armory Technologies, will give a layman's introduction to how Bitcoin works, and then discuss best practices that every Bitcoin user should know to safely use and manage bitcoins. He will describe why Bitcoin is different than other payment systems, how the network reaches agreement on transactions, how to backup your wallets, and how to use addresses to maximize privacy. The concept behind ʺCold Storageʺ will also be explained with information for new users to get started using it. The presentation will also touch on developing technologies in the Bitcoin community, including hardware wallets and multi-device authentication. Download MP3 (21.1MB / 43:41)   Click here to download a PDF of the slides from this presentation. Thanks to Stewart from MediaBistro for allowing the recording and distribution of this awesome content. If you haven't checked out the Inisde Bitcoins conferences, there are five next year and you should definitely look into going if you're interested in the ever-evolving world surrounding Bitcoin. I'd love to get feedback on the show - what did you like and what did you not like? Feel free to send questions, articles, topics or anything else to me directly at patrick@coinsiderthis.com. Please leave us a review on iTunes! If you enjoyed the show, coinsider letting me know with a tip! Bitcoin Tip Address for this show: 1GSepNwHeJw9AUxayQgdP25bP8hHvrCwiD