XRP Paper Wallets: Offline Key Generation, Backup, and Recovery
Summary
The document explains how an XRP paper wallet stores a public address and private key on a physical printout, keeping the key offline until it is used. It outlines a process for generating keys on an offline device, printing them privately, checking that the address and QR code are legible, and storing physical backups in separate secure locations. It also recommends testing a new wallet with a small transfer and describes checking its balance and activation status through a public ledger explorer.
The main tradeoff is between reduced exposure to online attacks and the risk of losing, damaging, or exposing the paper key. Spending requires importing the key into a wallet or service, which exposes it; the guide advises moving funds to a new address afterward. The document notes that an XRP Ledger reserve must be met for activation, but its stated range may change and should be verified against current network rules. Comparisons favoring exchange custody are promotional, and custody choices depend on individual security and recovery needs.
Key ideas
- A paper wallet holds the public address and private key on a physical document for offline storage.
- Generate keys on an offline device and avoid creating digital copies of the private key.
- Separate physical backups can reduce the risk of permanent loss from damage to one copy.
- Spending from a paper wallet exposes its key, so funds should be moved to a fresh address afterward.
- Check current XRP Ledger reserve requirements before funding a wallet, since the stated amount may change.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.