Each 6-sided dice roll is equivolent to 2.58 bits of entropy
(log2(6)). For reference, it would take the world's most powerful supercomputer trillions of years to brute force a 256 bit key. The COLDCARD's TRNG has already picked 256 random bits at this point, but each time you roll, you are adding 2.58 bits of entropy over those bits. So roll the dice and enter the corresponding number for each roll. Repeat this process as much as you want. Then hit OK.
Now you will be presented with a new list of 24-words. Write these words down in order on your notecard. Then double check your work.
Next, you will be asked to take a test to prove you wrote the words down correctly.
After passing the test, you will be at the COLDCARD's main menu. Best practice is to test your backup information before depositing any bitcoin. The basic idea is to use only your written backup information in an attempt to restore your wallet. If all of your backup information is correct and you successfully restore your wallet then you know that you can recover any bitcoin deposited to that wallet with that backup information. First you need a way to identify your wallet. Your newly generated wallet has a unique fingerprint which you can find from the main menu by navigating to
View Identity. You will find a unique 8-character fingerprint such as
99E870EF. Write that fingerprint down. Now you can destroy the seed on your COLDCARD by again navigating to
Danger Zone >
Seed Functions >
Destroy Seed. Then you will be presented with a couple of warnings, after confirming, your seed will be destroyed and you will be brought back to the login page where you enter your PIN. Log back into your COLDCARD and from the main menu navigate to
Import Existing >
24 words and then start entering your seed words in order from your backup card. Start by scrolling down until you see the first letter of your word, then scroll down to the next nearest part of the word, and keep narrowing down the search until you arrive at the word you need. For example,
throw then hit OK and repeat the process for the next word. If you make a mistake, you can hit Cancel to go back and reselect a word. After you enter the 23rd word, COLDCARD will compute a list of 8 possible options for your 24th word. Select your 24th word from that list. If you do not see your 24th word on that list then you either made a mistake entering the first 23-words or you wrote down your backup information incorrectly. After selecting the 24th word and hitting OK the seed will be applied and then you can navigate back to
View Identity and confirm the fingerprint is correct.
Your COLDCARD is ready to start receiving deposits, next we'll set it up as a "watch-only" wallet in Sparrow Wallet and demonstrate how to transact in an air-gapped fashion. If you are interested in adding the additional security of a passphrase to your COLDCARD wallet, then check out the Paranoid guide.