Bitcoin Forum

Bitcoin => Electrum => Topic started by: opentoe on March 17, 2013, 09:11:22 PM



Title: Electrum why backup wallet?
Post by: opentoe on March 17, 2013, 09:11:22 PM
I have a question about why you backup your wallet with Electrum when all you need are your seed words to restore your wallet?
Computer crashes. All is lost. I do have my seed words. I setup new computer. Install Electrum and enter my seed words in. My wallet is restored. I don't need to restore my wallet from a backup, right?

Thanks


Title: Re: Electrum why backup wallet?
Post by: Stephen Gornick on March 17, 2013, 09:31:31 PM
I don't need to restore my wallet from a backup, right?

If you ever import private keys, those won't be able to be recreated from the seeds.


Title: Re: Electrum why backup wallet?
Post by: btcven on March 18, 2013, 01:22:41 AM
^

Also if you forget your seed you can take it from your electrum.dat (even if it is encrypted), you just need to decrypt it running a new electrum instance and enter your password.