Paper Wallets using the Solana CLI
This document describes how to create and use a paper wallet with the Solana CLI tools.
We do not intend to advise on how to securely create or manage paper wallets. Please research the security concerns carefully.
Overview
Solana provides a key generation tool to derive keys from BIP39-compliant seed phrases. Solana CLI commands for running a validator and staking tokens all support keypair input via seed phrases.
Paper Wallet Usage
Solana commands can be run without ever saving a keypair to disk on a machine. If avoiding writing a private key to disk is a security concern of yours, you've come to the right place.
Even using this secure input method, it's still possible that a private key gets written to disk by unencrypted memory swaps. It is the user's responsibility to protect against this scenario.
Before You Begin
Check your installation
Check that solana-keygen
is installed correctly by running:
solana-keygen --version
Creating a Paper Wallet
Using the solana-keygen
tool, it is possible to generate new seed phrases as
well as derive a keypair from an existing seed phrase and (optional) passphrase.
The seed phrase and passphrase can be used together as a paper wallet. As long
as you keep your seed phrase and passphrase stored safely, you can use them to
access your account.
For more information about how seed phrases work, review this Bitcoin Wiki page.
Seed Phrase Generation
Generating a new keypair can be done using the solana-keygen new
command. The
command will generate a random seed phrase, ask you to enter an optional
passphrase, and then will display the derived public key and the generated seed
phrase for your paper wallet.
After copying down your seed phrase, you can use the public key derivation instructions to verify that you have not made any errors.
solana-keygen new --no-outfile
If the
--no-outfile
flag is omitted, the default behavior is to write the keypair to~/.config/solana/id.json
, resulting in a file system wallet.
The output of this command will display a line like this:
pubkey: 9ZNTfG4NyQgxy2SWjSiQoUyBPEvXT2xo7fKc5hPYYJ7b
The value shown after pubkey:
is your wallet address.
Note: In working with paper wallets and file system wallets, the terms "pubkey" and "wallet address" are sometimes used interchangeably.
For added security, increase the seed phrase word count using the
--word-count
argument
For full usage details, run:
solana-keygen new --help
Public Key Derivation
Public keys can be derived from a seed phrase and a passphrase if you choose to
use one. This is useful for using an offline-generated seed phrase to derive a
valid public key. The solana-keygen pubkey
command will walk you through how
to use your seed phrase (and a passphrase if you chose to use one) as a signer
with the solana command-line tools using the prompt
URI scheme.
solana-keygen pubkey prompt://
Note that you could potentially use different passphrases for the same seed phrase. Each unique passphrase will yield a different keypair.
The solana-keygen
tool uses the same BIP39 standard English word list as it
does to generate seed phrases. If your seed phrase was generated with another
tool that uses a different word list, you can still use solana-keygen
, but
will need to pass the --skip-seed-phrase-validation
argument and forego this
validation.
solana-keygen pubkey prompt:// --skip-seed-phrase-validation
After entering your seed phrase with solana-keygen pubkey prompt://
the
console will display a string of base-58 characters. This is the
derived solana BIP44 wallet address associated
with your seed phrase.
Copy the derived address to a USB stick for easy usage on networked computers
If needed, you can access the legacy, raw keypair's pubkey by instead passing
the ASK
keyword:
solana-keygen pubkey ASK
A common next step is to check the balance of the account associated with a public key
For full usage details, run:
solana-keygen pubkey --help
Hierarchical Derivation
The solana-cli supports
BIP32 and
BIP44
hierarchical derivation of private keys from your seed phrase and passphrase by
adding either the ?key=
query string or the ?full-path=
query string.
By default, prompt:
will derive solana's base derivation path m/44'/501'
. To
derive a child key, supply the ?key=<ACCOUNT>/<CHANGE>
query string.
solana-keygen pubkey 'prompt://?key=0/1'
To use a derivation path other than solana's standard BIP44, you can supply
?full-path=m/<PURPOSE>/<COIN_TYPE>/<ACCOUNT>/<CHANGE>
.
solana-keygen pubkey 'prompt://?full-path=m/44/2017/0/1'
Because Solana uses Ed25519 keypairs, as per
SLIP-0010 all
derivation-path indexes will be promoted to hardened indexes -- eg.
?key=0'/0'
, ?full-path=m/44'/2017'/0'/1'
-- regardless of whether ticks are
included in the query-string input.
Verifying the Keypair
To verify you control the private key of a paper wallet address, use
solana-keygen verify
:
solana-keygen verify <PUBKEY> prompt://
where <PUBKEY>
is replaced with the wallet address and the keyword prompt://
tells the command to prompt you for the keypair's seed phrase; key
and
full-path
query-strings accepted. Note that for security reasons, your seed
phrase will not be displayed as you type. After entering your seed phrase, the
command will output "Success" if the given public key matches the keypair
generated from your seed phrase, and "Failed" otherwise.
Checking Account Balance
All that is needed to check an account balance is the public key of an account. To retrieve public keys securely from a paper wallet, follow the Public Key Derivation instructions on an air gapped computer. Public keys can then be typed manually or transferred via a USB stick to a networked machine.
Next, configure the solana
CLI tool to
connect to a particular cluster:
solana config set --url <CLUSTER URL> # (i.e. https://api.mainnet-beta.solana.com)
Finally, to check the balance, run the following command:
solana balance <PUBKEY>
Creating Multiple Paper Wallet Addresses
You can create as many wallet addresses as you like. Simply re-run the steps in Seed Phrase Generation or Public Key Derivation to create a new address. Multiple wallet addresses can be useful if you want to transfer tokens between your own accounts for different purposes.
Support
You can find additional support and get help on the Solana StackExchange.