MMGenInstallOfflineBitcoind.md 849 B
MMGen = Multi-Mode GENerator
a Bitcoin cold storage solution for the command line
Install the offline bitcoind:
The bitcoin daemon on the offline machine is used solely for signing transactions and is therefore run without a blockchain. The version bundled with the prebuilt Bitcoin-QT is just fine for this purpose. Windows and Linux binaries can be obtained here.
After installation, locate the bitcoind executable, place it on your execution path and start it with the command:
$ bitcoind -daemon -maxconnections=0
Note that in the absence of a blockchain the daemon starts very quickly and uses practically no CPU once running. Thus a low-powered computer such as a netbook will serve quite nicely as an offline machine for signing transactions.