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PSP Transacon v2.1 (click here to jump to Wallet help)
[Read these direcons in full before proceeding. PSP, LLC assumes no responsibility for errors or computer viruses that may exist
on your computer. Complete Terms and Condions may be read at hps://PSP.LLC ]
Descripon:
Ulizing the proprietary PSP Transacon soware to build, sign, verify and broadcast a secure manual
Bitcoin transacon to send Bitcoin from your wallet to any other Bitcoin wallet.
Requirements:
A computer that is connected to the internet (never connect to public Wi-Fi)
A dierent computer that is NOT connected to the internet and pre-loaded with the PSP
Transacon soware applicaon (contact us at support@psp.llc to purchase a license)
A blank USB thumb drive (minimum 4GB)
The Bitcoin wallet address that you are sending to
The Bitcoin wallet address you are sending from (you may want to send yourself an email with
both wallet addresses, label each one correctly [from-and-to], (this will make copy and pasng
easier), wallet addresses are public and safe to share.
The Bitcoin wallet private key for the wallet you are sending from (guard this from being viewed by
others) DO NOT SHARE, FOR YOUR EYES ONLY!
You will use this website on the computer connected to the internet; hps://PSP.LLC/transacon
1. Insert the USB drive into your computer that is connected to the internet, (if a new window
opens, just click the minimize buon of that USB window)
2. On your internet connected computer, open the email where you have the Bitcoin wallet
addresses you are sending to and from, copy the Bitcoin wallet address you are sending from.
3. On the same computer, open a new browser tab and go to hps://psp.llc/transacon , read the
message and then click NEXT, in the next box, click in the white box area and click your right
mouse key and choose Paste, you should now see your Bitcoin wallet address you are sending
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from the this box, now click NEXT, you will now want to go back to your email with the Bitcoin
wallet address you are sending to and copy this wallet address, go back to your browser tab and
you should see the next eld and be prompted to paste the wallet address you are sending to,
right mouse click inside the white box and choose Paste, then click Next.
4. Our process now is to build our transacon string on the connected computer, copy that
transacon string to our USB drive, sign our transacon string on the oine computer for true
security, and then to verify our transacon and nally broadcast our transacon from the
connected computer.
5. You should now see a screen that looks like this (your wallet addresses will be dierent);
You will note that the top right eld is 0.00 this is because you need to enter the amount of
Bitcoin you want to send to the receiving wallet, for this example, click inside that box and type
0.002 , you see that when you type 0.002 the other elds change automacally.
Now is the tricky part….. the Transacon Fee, I suggest that if you want your Bitcoin sent quickly,
pay a higher fee, you could do some Googling about Bitcoin fees, this website could provide
some guidance hps://bitcoinfees.net , do research! This eld is not dollars but it is Bitcoin
units, so you will need to convert it here hps://psp.llc/price , as an example, click inside the
USD part and type 15.00 this will show you the Bitcoin unit amount to type in the Transacon
eld, for this example it is 0.00020617 (this will change depending on the current price of
Bitcoin). When you are sased, click on BUILD, you will now have a screen similar to this;
Now click on the blue buon Download as Text File, this should put the text le with this string
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on your desktop, but if not, it is inside your downloads folder, (you can nd the downloads folder
by double clicking on the PC icon on your desktop, and then choose Downloads on the le side).
Now from your desktop double click on the PC icon and then drag the text le and drop it on the
USB drive. Now take out the USB drive.
6. Now turn on the oine computer and wait unl you get this screen (could take three minutes);
or this screen
7. Click on the PSP Wallet buon, from here you will need your Phrase, SALT and Posion, protect
this and keep away from prying eyes! When you enter your PSP, you will know that it is correct
since the public wallet address will match exactly the address you are sending from. Leave this
tab open you will need the private key, you can click and copy the private key now, be certain no
one is watching.
8. Now choose the tab on the far le Phrase-Salt-Posion --- Click on the Transacon App buon
and then insert the USB drive, (if you get a screen popup, just close that), from the Transacon
screen click NEXT, then you will see three opons, SIGN, VERIFY, BROADCAST, you want SIGN, in
the top eld, you want to paste the private key that you just copied, that PSP tab should sll be
there if you need to go back. Now you will need to get to your desktop here by minimizing this
browser. You need to open the USB drive to open that text le, copy the full string and then go
back to this browser transacon tab and paste the string in the second eld. Aer you paste the
string, click on SUBMIT. You have now successfully Signed the transacon, we now need to copy
the new string to our USB, here you have a few opons to accomplish this, copy the string, then
minimize this browser and open your USB drive, then double click on the text le, now I suggest
that we delete the unsigned string and then right click and choose paste and then save our text
le and close. Now we need to eject our USB drive, from the desktop you will see the USB, put
your cursor over it and right click and choose eject, the just pull out the USB drive.
9. Insert the USB drive in the live computer connected to the internet and open the text le, select
the string and right click and choose COPY. Note: from within the text le, you can also choose
EDIT, Select All and then copy.
10. Now reopen your chrome browser and go back to hps://PSP.LLC/transacon and click NEXT,
now choose Verify, DO NOT SKIP THIS STEP! Since our transacon is already signed, we need to
verify that all our details are correct, paste our signed string from the text le on the USB and
click submit, you will now see your transacon details, make sure your wallet addresses (to and
from) are correct and the amounts are correct, triple check the fee amount! If anything is wrong,
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delete this informaon and all the text les and start over!!!
11. When you are certain everything is right, now close your chrome browser and reopen and go
back to hps://PSP.LLC/transacon and click NEXT and then Broadcast, now paste that same
veried signed string in the eld and click submit, if it was successfully broadcast it will give you
a green OK message, it may take a minute or two for the network to accept your transacon. You
will also see a link to your transacon on the blockchain, it is safe to click this link and save it if
you choose to.
12. You are now free to delete the text le on the USB, and power o all computers.
Notes: If you paid a good fee, it should arrive at the receiving wallet within 30 minutes, you can
go back to BLCKCHN folder in chrome and click on the wallet you sent from and see the
transacon status.
To make sure you are paying enough of a fee for your transacon, you may want to check this
site hps://bitcoinfees.net/ the box on the le shows you the fee for the fastest processing. In
this example you would need to pay 200 satoshis per byte of your transacon. The amount of
bytes is shown aer you build the transacon, as an example if the total byte size is 150 bytes,
then you would mulply 150 x 200 = 30,000 satoshis then go to my price calculator here,
hps://psp.llc/price and on the Bitcoin side put in 0.00030000 which would equal $14.08 (based
on the current Bitcoin price), If I was worried and I really wanted it to go through without risk, I
would probably bump it up by 50%, making the fee $21.00 (ish). The site hps://bitcoinfees.net
shows you how many transacons are ahead of you. If you are in no hurry, you can pay less.
Since Bitcoin is carried 8 decimals to the right, that means 0.00000001 this shows one Satoshi
(SATS).
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© Copyright 2024 | All Rights Reserved | PSP, LLC | Terms May Be Read at PSP.LLC | info@psp.llc
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PSP Cold Storage Wallet v1.1
[Read these direcons in full before proceeding. PSP, LLC assumes no responsibility for errors or computer viruses that may exist
on your computer. Complete Terms and Condions may be read at hps://PSP.LLC ]
Descripon:
Ulize the proprietary PSP Cold Storage Wallet soware to create a secure Bitcoin (or any of the other 16
included cryptocurrencies) wallet public address and private key, using the PSP method.
PHRASE – SALT – POSITION
Requirements:
A custom computer that is pre-congured with the PSP Linux operang system. Our proprietary
design does not allow the computer to be connected to Wi-Fi for the maximum security
A unique Phrase (may be anything alpha, numeric or symbols)
DO NOT SHARE YOUR PHRASE, FOR YOUR EYES ONLY!
A unique SALT (may be any alpha or numeric characters) typically four characters
DO NOT SHARE YOUR SALT, FOR YOUR EYES ONLY!
A unique Posion (this will make sense as you proceed through this tutorial)
DO NOT SHARE YOUR POSITION, FOR YOUR EYES ONLY!
13. To test and learn only, you may want to visit the online version while you wait for the delivery of
your custom computer/operang system. Visit hps://psp.llc/pspwllt DO NOT USE THIS
WEBSITE TO CREATE A COLD STORAGE WALLET SINCE ABSOLUTE SECURITY CANNOT BE
CONFIRMED!
14. Power on the PSP computer and wait for this screen to appear, this may take approximately
three minutes.
or this screen
15. Click on the PSP Wallet opon (the middle buon).
16. Please read the opening screen thoroughly and then click CONTINUE.
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17. You should now see a screen that looks like this, with the default choice of Bitcoin.
18. Click inside box #1 and erase that text, (you will see the address in box 3 change as you erase).
19. While sll in box 1, now type your Phrase. Be sure to pay aenon to upper and lower case and
spacing, everything will impact your nal wallet address. For our example we will use the phrase,
Flappy Flap typed into box 1.
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20. Now we will type our SALT in its unique POSITION, for this example we will use the last four
digits of Flappy Flaps dog tag 0522 and we will posion it at the end of eld #2.
21. We have now completed our PHRASE – SALT – POSITION and it has given us the public shareable
wallet address as seen in eld 3. You can use your mobile phone to scan the QR code of your
public address as displayed below eld 3. DO NOT SCAN THE PRIVATE KEY QR CODE!
22. You can see your private key by clicking on the private key box, do not allow anyone to see your
private key!
Notes: It is strongly recommended that you repeat the process to conrm that your PSP
always generates the exact same wallet address! Keep your Phrase, SALT and Posion private
and guard it the same as your private key!
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© Copyright 2024 | All Rights Reserved | PSP, LLC | Terms May Be Read at PSP.LLC | info@psp.llc