Litecoin wallet how to?

You have probably heard of Bitcoin to have found your way here. So i’m not going into the technicalities. To keep it simple, Bitcoin is a peer-to-peer open source digital currency and payment network with no central authority.

Bitcoins are stored in a Bitcoin wallet which consists of either an online wallet or offline wallet. It is fine to store your Bitcoins in an online wallet for day-to-day trading. But for your savings account, it is safer to store it in an offline wallet. We will guide you through on how to completely secure your Bitcoin wallet and stored in a thumb drive.

Guide to create a secure Bitcoin wallet

Since you will be storing your offline wallet in a thumb drive, you will need a thumb drive before getting started with this tutorial. I will recommend that you have more than one thumb drive as a backup just in case something happens to your main.

Step 1 : Ubuntu Operating System

The reason it is so secure is because we will be using Ubuntu operating system to avoid any spyware, malware and viruses. Download Ubuntu from the official site, ubuntu.com. Then you can move on to the next step. We will need the downloaded file later.

Step 2 : Universal USB Installer

Next is to make a bootable thumb drive. It is quite easy as we will use a simple program to assist us in creating the bootable thumb drive.

Step 3 : Create a bootable thumb drive

Launch Universal USB Installer.

• Step 1 : select Ubuntu.
• Step 2 : select the Ubuntu file you have downloaded earlier.
• Step 3 : select your thumb drive. If it does not show up, restart the program with your thumb drive plugged in.
• We want to start with a clean thumb drive, so under Step 3, tick the tiny box to format the thumb drive.

Step 4 : Before restarting in Ubuntu

So you have everything ready to boot up your machine to run Ubuntu. But before you do a reboot, read on the following steps and remember our page at RumorsCity.com so that you can come back and refer, in case you need to.

Step 5 : Reboot to Ubuntu

• With the thumb drive plugged in, restart your computer.
• It should start Ubuntu automatically, if not, hit Esc or Del key while your computer is booting up.
• Important: select Run Ubuntu from USB drive from the popup. Do not install Ubuntu so that you do not keep any information on your computer and will have a fresh operating system each time you access your wallet.

Step 6 : Download Bitcoin client

Once you have successfully booted into Ubuntu operating system, the next step is to download the Bitcoin client.

• Connect to the internet.

• Extract the downloaded file and remember the location it’s extracted to.

Step 7 : Secure your Bitcoin wallet

You have everything ready and this is the final step where you store your Bitcoin wallet securely in a thumb drive.

• From the extracted folder, go to Bin > 32. Launch Bitcoin client which is the file named bitcoin-qt.