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Title: Why bitcoin doesn't need a password? Post by: henx on April 19, 2013, 01:47:56 PM I just installed the bitcoin wallet, but there is no place to set the password... Is that normal?
Title: Re: Why bitcoin doesn't need a password? Post by: John (John K.) on April 19, 2013, 01:50:45 PM Settings -> encrypt wallet.
Title: Re: Why bitcoin doesn't need a password? Post by: Hei_ on April 19, 2013, 01:51:03 PM look better
Title: Re: Why bitcoin doesn't need a password? Post by: evilscoop on April 19, 2013, 01:52:10 PM valid question hei...
New user, cut him some slack Title: Re: Why bitcoin doesn't need a password? Post by: zordsdavini on April 19, 2013, 01:55:09 PM but why you need password on your local machine wallet?
Title: Re: Why bitcoin doesn't need a password? Post by: evilscoop on April 19, 2013, 01:56:44 PM https://en.bitcoin.it/wiki/Wallet_encryption
Quote When the wallet is locked, calls to sendtoaddress, sendfrom, sendmany, and keypoolrefill will return Error -13: "Error: Please enter the wallet passphrase with walletpassphrase first." so they'd have to break the wallet before they can steal from it... Title: Re: Why bitcoin doesn't need a password? Post by: henx on April 19, 2013, 02:20:25 PM but why you need password on your local machine wallet? It feel weird not have a password on the computer programs... But now I have figured out how the bitcoin works, it's a fantastic tool. Title: Re: Why bitcoin doesn't need a password? Post by: Fjordbit on April 19, 2013, 02:32:45 PM but why you need password on your local machine wallet? Because malware. Title: Re: Why bitcoin doesn't need a password? Post by: Misiolap on April 19, 2013, 02:37:53 PM Malware will likely include a keylogger, but password serves well for unprotected backups.
Title: Re: Why bitcoin doesn't need a password? Post by: jsmarclook on April 19, 2013, 02:50:21 PM but why you need password on your local machine wallet? Because if you leave your computer unattended or if someone remote access your comp, it makes it harder for them to get your bitcoins. |