“Pockets” is a deceptive title that sadly caught on, for what bitcoin personal key managers are. A way more intuitive approach to consider it’s a keyring. Similar to you’ll be able to copy a bodily key, you may as well copy a cryptographic key. That is not like a “pockets”, which holds the foreign money in it.
There are numerous methods to generate a key. For a paper pockets, the benefit is that you simply generated it your self offline, so that you may be assured (if you happen to’ve verified that the producing code is secure) that no person else has entry to your keys; they had been by no means on-line.
Since new customers might even see this query, I ought to be aware a typical pitfall of paper wallets; the best way bitcoin transactions work signifies that spending any lower than the entire steadiness of the paper pockets is harmful when you have not ready for the best way the remainder of the steadiness is dealt with. Be sure you spend your entire steadiness when spending from a paper pockets.
