Cold Storage of Ripple

[xrpshop]

Does any know how I can send my XRP to an external hard drive or cold storage like a usb drive? Also, I purchased xrpcasino.com and xrpshop.com I am looking to collaborate with a developer that wants to use these sites as a gateway for ripple. 

[JoelKatz]

You need to generate a secret and an account using some tool. You can do it with rippled, but others can probably tell you easier ways. Once you've done that, write down the secret on a piece of paper or store it on the drive. It will be a string of about 25 random-looking characters that starts with an "s". Then send the XRP to the account.

[Morty]

 

[Guest]

For the ultimate in simplicity you can just print a paper wallet here:

https://ripply.eu/

It's open source so you should do your own investigation before using it. 

Edited February 8, 2017 by Guest

[Kakoyla]

I want to move all my holdings to cold storage but have some holes in my knowledge base I hope can be filled.  I have been able to create a wallet using both the admin console and also the Rippled wallet_propose. 

While Rippled was a much easier install for me, I find the console to be much easier to use,  I feel much more confident in my actions compared to when I am using the rippled command line. 

I have a few questions /concerns, 

1.  Should I just study up and experiment until I am comfortable with Rippled rather than sticking with the admin console? My main worries with Rippled are I don't know how to get XRP out, and I don't understand what is happening network connection wise to be confident in my security settings.  

2.  While I do know how to send from the console, I am worried that since the console is no longer supported, one day I will want to get my XRP out of the wallet but find that updates were made and the console no longer connects to the rcl. Is this a valid concern?

3.  Also,  I thought I read somewhere (unable to find it now, might have misunderstood) that the console connects to a test server that might not be the most secure way to send xrp, any input on this? I have a test address that I have both received and sent from with no issues, my main worry is I don't truly understand the security concerns I should have once the traffic leaves my home network ( I am I comfortable with my local pc/home network security)

4.  And lastly, assuming the console will not lose its utility, do I need to worry about the fact that I am only able to get the dev version working? I have had no luck with production, gulp packages just won't work for me. 

 

I really appreciate any input provided, I am trying to teach myself but I have reached a point where I don't trust myself to go any further.  All my Linux /command line/node knowledge came from figuring out how to get the console and rippled running, the closest experience I have had to this was using DOS back in the early 90s and a little logic / pascal experience back around the same time which as you can imagine is covered in cobwebs. 

 

[ripplerm]

@Kakoyla none of these should be a concern.

As long as you have your secret-key, u will always be able to access your fund with any wallet.

[Guest]

15 hours ago, xrpshop said:

Also, I purchased xrpcasino.com and xrpshop.com I am looking to collaborate with a developer that wants to use these sites as a gateway for ripple. 

Beware that Ripple has trademarked XRP, so if you use it for these purposes, you will probably have to deal with Ripple's lawyers.

[ripplerm]

btw, an extra option of cold-storage tool: http://ripplerm.github.io/ripple-wallet/...

for cold-wallet usage, simply clone the source-codes onto a computer then run the wallet offline.

 

This wallet has an account-generating GUI for creating new random secret, or (for those who favor brain-wallet) generating secret from a passphrase... and (for those who like HD-wallet) create multiple address from single seed, and child-accounts...

It also comes with tools for constructing raw txns & signing offline... best part is the signed-transactions could be transfer to other device by scanning qr-codes.

[Kakoyla]

Thanks @ripplerm. I really want to get comfortable with Rippled, but I will definitely check out your wallet. Thanks for taking the time to respond and share. 

[xrpshop]

15 minutes ago, tomxcs said:

Beware that Ripple has trademarked XRP, so if you use it for these purposes, you will probably have to deal with Ripple's lawyers.

ripples lawyers can deal with me...lol. They can even have a % for all I care....

[xrpshop]

So there are no external hard drives similar to Ledger Nano S. I just bought two, but am I able to put ripple's currency on there?

[Guest]

8 minutes ago, xrpshop said:

ripples lawyers can deal with me...lol. They can even have a % for all I care....

Well, then... Best of luck. 

[xrpshop]

16 minutes ago, tomxcs said:

Well, then... Best of luck. 

How is there a "xrpchat.com"

 

[Guest]

41 minutes ago, xrpshop said:

How is there a "xrpchat.com"

It's a non-commercial entity that serves the community. That's different than running a casino or shop with "XRP" in the name. I'm not trying to discourage you from starting a business, but you should probably consult a lawyer and think about a name change, as well as considering how to legally run a casino in your jurisdiction.

[xrpshop]

17 minutes ago, tomxcs said:

It's a non-commercial entity that serves the community. That's different than running a casino or shop with "XRP" in the name. I'm not trying to discourage you from starting a business, but you should probably consult a lawyer and think about a name change, as well as considering how to legally run a casino in your jurisdiction.

I understand where you are coming from and I understand the legal framework of having xrpshop. I know they could come after me at any moment. I simply bought xrpcasino.com so no one else could.  I do not have plans to implement a casino but rather selling the domain name. Xrpshop.com  I think could do good for the "community" as a portal for people to spend their coins. I do not necessarily need a profit, if I could turn it into a haven for people trying to buy with ripple.