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Title: Multibit & Electrum Post by: miztaziggy on April 04, 2013, 05:10:43 PM Since these wallets use a remote server to handle the block chain, what happens if you keep your bitcoin in one of their wallets and the remote server gets shut down?
Can you transfer the bitcoins to another wallet - say Qt - without having to send them over the network? Title: Re: Multibit & Electrum Post by: John (John K.) on April 04, 2013, 05:13:28 PM Yes, you can. Your private key is actually on client-side, so you can export the keys to other clients like QT or even blockchain.info.
Title: Re: Multibit & Electrum Post by: jim618 on April 04, 2013, 05:36:11 PM MultiBit uses regular bitcoind machines to get it's block information from.
There isn't a central "multibit" server - it uses the Bitcoin network directly. There is a multibit.org machine but that is just a webserver for downloading the installers, the multibit help and a config file to indicate when there are new versions available. |