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how paper wallets work ? and how to spend from it

Discussion in 'CryptoCurrency' started by cryptogal2017, Jun 16, 2017.

  1. cryptogal2017

    cryptogal2017 Newbie

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    hi all.
    i have 2 questions.
    1.how in hell does paper wallet work ?
    if i do it offline no one knows the private key.so if nobody know the private key.is it really gonna work ?
    i think the private key and public key have some connection between them made by some algorithm.
    but in that case,all a hacker needs to do is find this algorithm and that's it.right ?
    2.i tried a little test and send like 5 reddcoins to a paper wallet i did.
    now i wanna see that i can spend them,how do i now return it to my bittrex account ?
    thank you very much!
     
  2. savamcr

    savamcr Jr. VIP Jr. VIP

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  3. cryptogal2017

    cryptogal2017 Newbie

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    Thanks for the comment.
    still dont know how to do my second question thought..
     
  4. cryptogal2017

    cryptogal2017 Newbie

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    i dont know how to send the coins back from my paper wallet to my bittrex account.
    where do i put the private key there ?
    is there even a way to do that on bittrex or i need another software to do that ?
     
  5. tb303

    tb303 Power Member

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    You need a wallet where you can import your private key. You would then be able to send your balance from there as usual. I would guess you can do this with the standard wallet for redcoin.