Title: Wallet question Post by: jjj0923 on April 28, 2014, 10:01:06 AM quick question
if I lock my wallet does that still allow transfer in, but not transfers out? Title: Re: Wallet question Post by: Initscri on April 28, 2014, 06:56:43 PM quick question if I lock my wallet does that still allow transfer in, but not transfers out? Simple answer: Yes. You will receive a public address. Anyone can send to that address. When you load your machine up and load the BlockChain, the Bitcoins will show up within your wallet. Title: Re: Wallet question Post by: byt411 on April 28, 2014, 08:17:15 PM quick question if I lock my wallet does that still allow transfer in, but not transfers out? Simple answer is yes, since your wallet is password-protected and no one can access your private key. Complicated answer is not really, since you can still export the private keys and then lock the wallet, then import the address somewhere else and spend the funds there. Title: Re: Wallet question Post by: tesene on April 29, 2014, 04:50:03 AM Right, the transactions happen on the blockchain. it just means transactions cannot be made from your wallet while it's locked.
Title: Re: Wallet question Post by: someguy123 on April 29, 2014, 05:57:07 AM quick question When you lock your wallet, this only prevents you from sending funds FROM the wallet. Your public addresses will continue to receive funds exactly the same, and are not affected by whether your wallet is locked or not.if I lock my wallet does that still allow transfer in, but not transfers out? Title: Re: Wallet question Post by: monsterbitty on April 29, 2014, 06:28:34 AM When you lock wallet, you can only stop sending out from your wallet address, but you cannot stop receiving money.
Title: Re: Wallet question Post by: Hash72 on April 30, 2014, 05:21:30 PM quick question if I lock my wallet does that still allow transfer in, but not transfers out? Simple answer is yes, since your wallet is password-protected and no one can access your private key. Complicated answer is not really, since you can still export the private keys and then lock the wallet, then import the address somewhere else and spend the funds there. Plus all above ..Locking your wallet prevent you to do mining process specially with POS coin but still you can receive transaction in ..but you need to unlock it to send out .. Title: Re: Wallet question Post by: evi_stale on May 01, 2014, 12:09:55 PM There are people who claim that as soon as they enter their password, all their coins gets stolen automatically by being transsfered to another address.
How can you prevent this? Title: Re: Wallet question Post by: DannyHamilton on May 01, 2014, 12:29:15 PM There are people who claim that as soon as they enter their password, all their coins gets stolen automatically by being transsfered to another address. How can you prevent this? Keep the computer that stores your bitcoins offline. Title: Re: Wallet question Post by: DannyHamilton on May 01, 2014, 12:32:17 PM When you lock wallet, you can only stop sending out from your wallet address This is not true. Locking a wallet does not prevent sending from the address, it only prevents sending using that wallet software program. If the private key is imported into another wallet, then the bitcoins can still be spent. Title: Re: Wallet question Post by: Vitsila on May 07, 2014, 10:05:37 PM There are people who claim that as soon as they enter their password, all their coins gets stolen automatically by being transsfered to another address. How can you prevent this? Keep the computer that stores your bitcoins offline. If the computer is offline can i accept bitcoins? Title: Re: Wallet question Post by: DannyHamilton on May 07, 2014, 10:09:29 PM There are people who claim that as soon as they enter their password, all their coins gets stolen automatically by being transsfered to another address. How can you prevent this? Keep the computer that stores your bitcoins offline. If the computer is offline can i accept bitcoins? Yes. You can also send bitcoins if you use a wallet such as Armory or Electrum offline. |