Online wallets, paper wallets and offline storage
This is just a hub for links and instructions. Please convert it from list mode to ecosystem. The examples given here may explain the practice of paranoia and list the potential risks.
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Mist Ethereum Wallet
- Download version
- Mist Ethereum Wallet Developer Preview - Basic Blog Post
- How To Set Up Ethereum Mist Wallet Simple! - Tommy Economics Tutorial
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Kryptokit Jaxx
- Jaxx main site
- Mobile version
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Etherwall
- Etherwall website
- Etherwall source
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MyEtherWallet
- MyEtherWallet website
- MyEtherWallet Source
- Chrome extension
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Offline storage
- ConsenSys Refrigerator – Offline Storage Based on Integrated Light Source Wallet and HD Wallet Library
- Reddit discussion 1
- How to set up an offline storage wallet
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HardwareWallet
- reddit discussion 2
- reddit discussion 3
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Brain Wallet
- brain wallet is not safe, please do not use it. https://reddit.com/r/ethereum/comments/43fhb5/brainwallets > vs https://www.reddit.com/r/ethereum/comments/271qdz/can_someone_explain_the_concept_of_gas_in_ethereum/
- https://www.reddit.com/r/ethereum/comments/49gol3/can_ether_be_used_as_a_currency_eli5_ether_gas/
Gas is considered a fixed cost of network resources/usage. You want the true cost of sending a transaction to be consistent, so you don't want gas to be issued, and currencies are generally unstable. So we issue ether, its value will fluctuate, but gas price conversion will also be performed according to ether. If the price of ether goes up, the gas price in ether will go down to keep the true cost of gas the same. There are several related terms for gas: gas cost, gas limit, and gas fee. The principle behind gas is to maintain a stable value per transaction or computational cost on the Ethereum network.
- The gas cost is a static value, which is the calculation cost in gas units. The purpose is to keep the real value of gas unchanged, so this cost will always be stable.
- The gas price is the cost of gas in another currency or token such as ether. In order to keep the gas value stable, the gas price is a floating value, and if the token or currency cost fluctuates, the gas price will also change to maintain the same true value. The gas price is set based on how many users are willing to spend and how many process nodes are willing to accept the equilibrium price.
- The gas limit is the maximum amount of gas that can be used per block, considered as a maximum of computational effort, transaction volume, and block size, and miners can slowly change this value over time.
- Gas cost is the gas required to run a particular transaction or program (called a contract). The gas cost of a block can be used to imply computational effort, transaction volume, and block size. Gas fees paid to miners (or staking contractors in PoS)