This article features an easy to use and step by step guide on how to create a Lisk paper wallet.
What you need
– A computer you are never going to connect to the internet again (called “offline-pc” in this guide)
– A printer which is connected to this PC by wire
– A clean USB-stick
Create a Lisk (LSK) paper wallet step by step:
1) Go to the products section on the official Lisk website https://lisk.io/products and download the Lisk Hub version for your operating system.
2) Now copy the downloaded file to your offline-pc by using the USB drive.
3) Install the program on the offline-pc.
4) Click Create Lisk ID on the right hand side.
5) Follow the instructions and move the cursor randomly.
6) The app informs you that your Lisk ID has successfully been created. Click Get Passphrase then.
7) You are advised to keep your passphrase safe under all circumstances. Confirm if you understand.
8) Now drag the slider to reveal your passphrase.
9) Copy your passphrase to a text document and click Yes! It’s Safe once you have done that.
10) On the next page select the two missing words to confirm that you remember your passphrase.
11) Now the app informs you that you have completed the setup process. Make sure to copy the Lisk address (highlighted in the screenshot below) to your text document.
12) Print the text document we have just created by using a wire connected printer. We have successfully created a paper wallet and you can now send Lisk tokens to the Lisk address.
How can I check the balance of my Lisk paper wallet?
1) Go to the website https://explorer.lisk.io and enter your Lisk address in the search bar. However make sure to never expose your passphrase.
2) On the next page you can see your current balance (highlighted with the green circle). Please note that we protected our Lisk address with red bars.
What does Public Key: Not Initialized mean?
On it’s official blog the Lisk team recommends users to initialize their public key by sending a small amount of Lisk tokens from the wallet they have just created. This is for security reasons. However this means you have to expose your passphrase on an online computer. This is against the idea of an offline paper wallet. In our opinion every user has to decide on his own.
The blogpost can be accessed by clicking https://blog.lisk.io/lisks-holiday-security-reminder-44b49405384f.
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