Bitcoin Forum

hey all, running the newest litecoin QT client

I turned on wallet encryption


Lets say someone now steals my whole computer, they hack into windows at their house or whereever (pretty trivial unless I truecrypt the whole hard disk).
Anyways they find the litecoin-QT client with my encrypted wallet on it.
Assuming I have a good long password and didn't store the password in clear text anywhere on the machine, how safe is that litecoin-QT wallet?

And if I been imaging that entire folder with online backup software, I assume I can just restore the entire folder and wallet including all files to my new pc, and then just run the litecoin-qt client like nothing happened?

it uses the same base code as the bitcoin client, so it's just as secure as bitcoin. however, any keys created prior to the wallet's encryption may still be vulnerable.

Also note that your wallet comes with about 100 addresses preloaded, just not visible (https://en.bitcoin.it/wiki/Securing_your_wallet). This means, there are more keys in your wallet than you can see.
Key creation might not happen when you would think it happens. Take this into consideration as well...

Hope this helps.
   T

Hmm so how do we remedy this problem then? What if we already have some ltc in the account but have some keys generated before the encryption.

How would I secure my wallet in this case?

how vulnerable are the keys that were made before encryption?

is there a guide anywhere to change the location of the wallet.dat litecoin file?

there was one for bitcoin I used but not sure how on litecoin?

Its the same for both BTC and LTC .You add -datadir="c:\blah"

Make a shortcut and change the target to be for e.g

C:\Users\blah\Downloads\litecoin-0.6.3c-win32\litecoin-0.6.3c-win32\litecoin-qt.exe -datadir="C:\secretdirectory"

that works thanks