Is paper wallet simply writing down your private key or printing it on a paper and keeping it safe. Is there anything else you need apart from that as a backup? thanks
Private key is enough. I typically use the following procedure when dealing with JBOK (=non-deterministic) wallet
(1) Disconnect the computer from internet.
(2) Generate several different addresses and add labels to all them, for example: Airdrop Address, GPU Mining Address, Change Address #1 ... Change Address #N, Standard Address #1 ... Standard Address #N
(3) Use dumpprivkey command to dump private key for all of those addresses.
(4) Safe private keys and corresponding addresses and their labels to one Libre Office document. I typically use following template
Application:
Label:
Address:
Private Key:
(5) Clear the console windows.
(6) Print the .odt file as many times as necessary
(7) Erase .odt file with Eraser => Eraser overwrites the file on the harddrive several times with random data, so it's no longer possible to recover it (doesn't work on SSD and flash drive though)
Thank you thank you thank you.
I have been reading the tutorial for paper wallet and how to insert my private key from the only wallet I use.
