Digital money, the culmination of decades of cryptography, is inextricably linked to computer science. As for its storage mode, most people will choose to store it in hot wallet (mobile phone APP, computer software, etc.), and some people will use hardware wallet. No matter which wallet you choose, you will face security threats, as valuable digital assets have long been a favorite of hackers. Not to mention, Recently, CrytpTovest reported that Russia, China and the United States are prime targets for digital currency hackers. One in three victims is from the United States, according to a new study by Group-IB, which investigates and prevents cybercrime. As long as digital currencies exist, security risks will linger. Just recently, BCH came up with a clever solution to the security risks of digital assets: reviving the oldest way of storing digital money: paper wallets. Paper wallet stores BCH offline in a physical way, which is more reliable than hot wallet and hardware wallet. Some people say that paper wallet is not the private key written on paper, and what is creative? Bitcoin.com has revamped its paper Wallet generator, allowing users to generate a nice looking paper Bitcoin cash wallet in just a few minutes. For the user, it simply needs to be printed using a secure printer. Users can then download the source code of the paper wallet, generate the seeds using an unconnected computer, and print out our yellow and black design, which resembles the flag of anark-capitalism, and cut it out with scissors.
Of course, in order to last longer, users can even take the paper wallet plastic, to resist the erosion of the long-term preservation. So, how will the BCH paper wallet be used? After the user cuts out the paper wallet, the private key can be folded and sealed. If you need to spend BCH, you can charge the money into the PRIVATE key QR code of Bitcoin.com wallet or other compatible wallet at any time, and the software will automatically complete the BCH transfer. It’s also super easy to send money to a paper wallet. You just need to send the money to the public key address, and you can recharge any amount at any time. It can be said that BCH paper wallet can be recharged, spendable, open source, and very fashion! What does the launch of the BCH paper Wallet mean? First, THE unremitting efforts of BCH in the face of wallet security. BCH has been working hard on wallet security. It’s worth noting that Coingeek has invested in privacy-focused BCH cash Shuffle, an open source project that is a client server model with a plug-in for the Electron Cash wallet. According to the project’s website, the protocol cannot read transact-related information, closing the BCH backdoor. BCH’s creative design for paper wallets is a powerful guarantee for the security of users’ BCH assets, even if it is not in the field of computer code. Second, go low-end and make the best money in the world. In a recent study conducted in Russia, Romir found that respondents from lower income classes (family members earning less than 10,000 rubles a month, with a $160 contract) were more likely to know about cryptocurrencies (38%), compared with 25% of wealthy families earning 25,000 rubles a month. Even below average. In other words, digital currency is more popular among low-income people. Of course, it does not rule out that low-income people do not use smart phones, but the launch of BCH paper wallet shows that it is more considerate to the low-end market. Why BCH is the best money in the world, it not only follows the needs of users in terms of technology and development, but also has the most thoughtful design in all the small details. I believe that with more and more users’ support for BCH, it has become the consensus of all people and is just around the corner!