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Title: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:10:22 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765".
Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? Title: Re: Wallet Encryption Password, Post by: BTMan on August 08, 2014, 04:11:01 PM what?
Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:12:07 PM Title: Re: Wallet Encryption Password, Post by: cryptoangel on August 08, 2014, 04:13:01 PM Makes no sense, Check the blockchain. If they is no coins in your address then you have lost them. Otherwise use a new system that is not infected and transfer the wallet.dat over.
Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:13:56 PM Makes no sense, Check the blockchain. If they is no coins in your address then you have lost them. Otherwise use a new system that is not infected and transfer the wallet.dat over. In order to get the coin one needs the password right? which password? new or the old one? Title: Re: Wallet Encryption Password, Post by: instacalm on August 08, 2014, 04:15:11 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password. P.S. wrong category Title: Re: Wallet Encryption Password, Post by: yampi on August 08, 2014, 04:15:43 PM Makes no sense, Check the blockchain. If they is no coins in your address then you have lost them. Otherwise use a new system that is not infected and transfer the wallet.dat over. In order to get the coin one needs the password right? which password? new or the old one? Anyone that has the access to the private key of a bitcoin adress that has received bitcoins has the rights to spend it. Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:17:46 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password. P.S. wrong category This answers, thanks. Just realized its in wrong category. Title: Re: Wallet Encryption Password, Post by: Amph on August 08, 2014, 04:19:21 PM you guys didn't understand what he asks...he need the new one if he didn't compromise the wallet but just copy-paste it to his pc
Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:20:02 PM you guys didn't understand what he asks...he need the new one There you go, different answer now, so you mean the password is communicated on the network / Blockchain? Title: Re: Wallet Encryption Password, Post by: Mr_Banana_Split on August 08, 2014, 04:21:08 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password. P.S. wrong category This answers, thanks. Just realized its in wrong category. If that really happened and you still have your funds, get them out out that wallet into a new one ASAP ! mbs Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:21:12 PM you guys didn't understand what he asks...he need the new one if he didn't compromise the wallet but just copy-paste it to his pc But he copy/pasted when the password was 123456 not 98765, i changed the password after the wallet.dat was copied? Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:22:21 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password. P.S. wrong category This answers, thanks. Just realized its in wrong category. If that really happened and you still have your funds, get them out out that wallet into a new one ASAP ! mbs not sure, it might have happened, due diligence , he might be trying to crack the password, would it help if i change the password now? Title: Re: Wallet Encryption Password, Post by: Amph on August 08, 2014, 04:23:04 PM you guys didn't understand what he asks...he need the new one There you go, different answer now, so you mean the password is communicated on the network / Blockchain? i edited, if he didn't compromise the wallet(he don't know the pass so he can't access it, but you are still the only one that know about it) then he need the new one you guys didn't understand what he asks...he need the new one if he didn't compromise the wallet but just copy-paste it to his pc But he copy/pasted when the password was 123456 not 98765, i changed the password after the wallet.dat was copied? if he(the hacker) can't access to the wallet then he need the new pass Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:26:39 PM you guys didn't understand what he asks...he need the new one There you go, different answer now, so you mean the password is communicated on the network / Blockchain? i edited, if he didn't compromise the wallet(he don't know the pass so he can't access it, but you are still the only one that know about it) then he need the new one you guys didn't understand what he asks...he need the new one if he didn't compromise the wallet but just copy-paste it to his pc But he copy/pasted when the password was 123456 not 98765, i changed the password after the wallet.dat was copied? if he can't access to the wallet then he need the new pass Okay, lets say you have my wallet.dat and the password is 123456, but you're still trying to crack it, i now know that you have it and i still see my coins, and i figure out that you still haven't gotten the password, if i change it to 98765, do you need 123456 or 98765? When you got the wallet.dat the password was 123456? Title: Re: Wallet Encryption Password, Post by: Amph on August 08, 2014, 04:27:15 PM you guys didn't understand what he asks...he need the new one There you go, different answer now, so you mean the password is communicated on the network / Blockchain? i edited, if he didn't compromise the wallet(he don't know the pass so he can't access it, but you are still the only one that know about it) then he need the new one you guys didn't understand what he asks...he need the new one if he didn't compromise the wallet but just copy-paste it to his pc But he copy/pasted when the password was 123456 not 98765, i changed the password after the wallet.dat was copied? if he can't access to the wallet then he need the new pass Okay, lets say you have my wallet.dat and the password is 123456, but you're still trying to crack it, i now know that you have it and i still see my coins, and i figure out that you still haven't gotten the password, if i change it to 98765, do you need 123456 or 98765? When you got the wallet.dat the password was 123456? i need 98765, but if i craked it it doesn't matter anymore what pass you set, because i can access to that wallet Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:27:44 PM you guys didn't understand what he asks...he need the new one There you go, different answer now, so you mean the password is communicated on the network / Blockchain? i edited, if he didn't compromise the wallet(he don't know the pass so he can't access it, but you are still the only one that know about it) then he need the new one you guys didn't understand what he asks...he need the new one if he didn't compromise the wallet but just copy-paste it to his pc But he copy/pasted when the password was 123456 not 98765, i changed the password after the wallet.dat was copied? if he can't access to the wallet then he need the new pass Okay, lets say you have my wallet.dat and the password is 123456, but you're still trying to crack it, i now know that you have it and i still see my coins, and i figure out that you still haven't gotten the password, if i change it to 98765, do you need 123456 or 98765? When you got the wallet.dat the password was 123456? i need 98765 Awesome, that answers, thanks so much! Title: Re: Wallet Encryption Password, Post by: instacalm on August 08, 2014, 04:29:45 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet.
Title: Re: Wallet Encryption Password, Post by: Amph on August 08, 2014, 04:29:52 PM it's a bit like an account, if someone steal an aka, but then you change the pass when he log out, he need the new one
No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. the point is that he don't know about the password A, he just have the copy of the wallet, he can't access it Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:31:12 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. This is exactly what i thought, but you guys have spent more time on it, so wanted a clarification. Thanks. Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:33:09 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet? Title: Re: Wallet Encryption Password, Post by: Amph on August 08, 2014, 04:33:14 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. This is exactly what i thought, but you guys have spent more time on it, so wanted a clarification. Thanks. he said "and knows password A", my case talk about the contrary, he don't know the password Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:36:02 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. This is exactly what i thought, but you guys have spent more time on it, so wanted a clarification. Thanks. he said "and knows password A", my case talk about the contrary, he don't know the password The point is wallet password is stored locally, so if you have my point in time wallet.dat copy with password 123456, now matter if i change 10 password you have the wallet.dat with password 123456. Title: Re: Wallet Encryption Password, Post by: instacalm on August 08, 2014, 04:37:26 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet? Yes, that would be a way. Or send it to an exchange and then to an address of your new wallet. Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:37:54 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet? Yes, that would be a way. Or send it to an exchange and then to an address of your new wallet. Got it, thanks. Title: Re: Wallet Encryption Password, Post by: Amph on August 08, 2014, 04:37:59 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. This is exactly what i thought, but you guys have spent more time on it, so wanted a clarification. Thanks. he said "and knows password A", my case talk about the contrary, he don't know the password The point is wallet password is stored locally, so if you have my point in time wallet.dat copy with password 123456, now matter if i change 10 password you have the wallet.dat with password 123456. it should work like an account, if someone steal my aka(and he don't change the pass) then if i change it he can't access anymore of i forgot that we are talking about a decentralized thing..yeah it makes sense Title: Re: Wallet Encryption Password, Post by: BowieMan on August 08, 2014, 04:38:16 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:40:19 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? What extra level of security / protection does "Encrypt Wallet" feature has? Title: Re: Wallet Encryption Password, Post by: instacalm on August 08, 2014, 04:42:02 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? What extra level of security / protection does "Encrypt Wallet" has? Well if somebody happens to compromise your wallet, there's an additional layer of security for encrypted wallets since one would need to know its password as well in order to be able to spend its funds. Title: Re: Wallet Encryption Password, Post by: BowieMan on August 08, 2014, 04:42:14 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? What extra level of security / protection does "Encrypt Wallet" feature has? Well, if your wallet is encrypted, attackers can't get hold of your Bitcoins if they get your Wallet.dat for example. They'd still have to have your encryption password in order to get to steal the Bitcoins! Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:43:49 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? What extra level of security / protection does "Encrypt Wallet" has? Well if somebody happens to compromise your wallet, there's an additional layer of security for encrypted wallets since one would need to know its password as well in order to be able to spend its funds. "If one compromises an encrypted wallet, you can spend its funds right away" How could you spend right away if it is encrypted? Title: Re: Wallet Encryption Password, Post by: instacalm on August 08, 2014, 04:44:53 PM "If one compromises an encrypted wallet, you can spend its funds right away" How could you spend right away if it is encrypted? that was a typo ;) Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:46:05 PM "If one compromises an encrypted wallet, you can spend its funds right away" How could you spend right away if it is encrypted? that was a typo ;) lol, you scared the hell out of me, I was like I need to go to school again :P Thanks mate! Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:46:30 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? What extra level of security / protection does "Encrypt Wallet" feature has? Well, if your wallet is encrypted, attackers can't get hold of your Bitcoins if they get your Wallet.dat for example. They'd still have to have your encryption password in order to get to steal the Bitcoins! Yup, perfect, thanks for the clarification. Title: Re: Wallet Encryption Password, Post by: BowieMan on August 08, 2014, 04:46:38 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? What extra level of security / protection does "Encrypt Wallet" has? Well if somebody happens to compromise your wallet, there's an additional layer of security for encrypted wallets since one would need to know its password as well in order to be able to spend its funds. "If one compromises an encrypted wallet, you can spend its funds right away" How could you spend right away if it is encrypted? I think he meant "If someone got hold of your wallet". Because if that happens with an unencrypted wallet, the funds can be spend right away. But if there's still the encryption, they'd need to break that first! Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:47:17 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? No password is 'in effect'. Spending the Bitcoins is possible only if someone has the private key to the address. The private key is encrypted in the wallet. If an attacker now has access to the private key, it doesn't matter how you encrypt the private key, since it already has been compromised! Makes sense? Any questions? What extra level of security / protection does "Encrypt Wallet" has? Well if somebody happens to compromise your wallet, there's an additional layer of security for encrypted wallets since one would need to know its password as well in order to be able to spend its funds. "If one compromises an encrypted wallet, you can spend its funds right away" How could you spend right away if it is encrypted? I think he meant "If someone got hold of your wallet". Because if that happens with an unencrypted wallet, the funds can be spend right away. But if there's still the encryption, they'd need to break that first! Correct, Title: Re: Wallet Encryption Password, Post by: Abdussamad on August 08, 2014, 04:56:54 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet? Yes, except that you should set a password on the new wallet before you send the bitcoins over. Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 04:57:52 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet? Yes, except that you should set a password on the new wallet before you send the bitcoins over. Alright, thanks, that was something new. Title: Re: Wallet Encryption Password, Post by: BowieMan on August 08, 2014, 05:03:38 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet? Yes, except that you should set a password on the new wallet before you send the bitcoins over. That actually isn't enough. If there really is malware on the computer, it could still get the unencrypted version of the wallet (which has all the keys) or intercetp the keyboard inouts via a keylogger! Every machine that's connected to the internet is at risk here. Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 05:04:21 PM No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet. What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet? Yes, except that you should set a password on the new wallet before you send the bitcoins over. That actually isn't enough. If there really is malware on the computer, it could still get the unencrypted version of the wallet (which has all the keys) or intercetp the keyboard inouts via a keylogger! Every machine that's connected to the internet is at risk here. True! Title: Re: Wallet Encryption Password, Post by: Razick on August 08, 2014, 05:32:54 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password. P.S. wrong category This answers, thanks. Just realized its in wrong category. If that really happened and you still have your funds, get them out out that wallet into a new one ASAP ! mbs not sure, it might have happened, due diligence , he might be trying to crack the password, would it help if i change the password now? If he stole your encrypted wallet he can decrypt it with the old password. You should create a *new* wallet, with different addresses and a new password and send your entire balance to it ASAP unless you have a very strong password such as r6jv16kZLmfJG#au and are sure it hasn't been exposed. For obvious reasons don't use the password I just posted. Title: Re: Wallet Encryption Password, Post by: rhkazani1 on August 08, 2014, 05:33:51 PM Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765". Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins? Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password. P.S. wrong category This answers, thanks. Just realized its in wrong category. If that really happened and you still have your funds, get them out out that wallet into a new one ASAP ! mbs not sure, it might have happened, due diligence , he might be trying to crack the password, would it help if i change the password now? If he stole your encrypted wallet he can decrypt it with the old password. You should create a *new* wallet, with different addresses and a new password and send your entire balance to it ASAP unless you have a very strong password such as r6jv16kZLmfJG#au and are sure it hasn't been exposed. For obvious reasons don't use the password I just posted. Yup, thanks, appreciate your response. |