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1  Other / Beginners & Help / Re: Need more clarification on backing up wallet on: January 30, 2012, 04:38:04 PM
Quote from: DeathAndTaxes on January 30, 2012, 03:45:45 PM
Quote from: yyohko on January 30, 2012, 02:40:56 PM
Er... thanks guys, this is suddenly too much information for me to digest.
So basically if I have no transactions or not expecting any, my backup will be good for years?
(I am using the official client)

Don't use time like years.  The backup is good for 100 transactions using new addresses.  That might be years, possibly centuries or it might be days.  Obviously if you never use a new address the backup will be good forever.

The backup is good for 100 transactions using new addresses.

This made me think of something, is the wallet.dat cross client compatible?

To be honest, I just got into Bitcoin because I hear the value could go up and the only transaction I have is the one from Bitcoin Faucet. >.<
2  Other / Beginners & Help / Re: Need more clarification on backing up wallet on: January 30, 2012, 02:40:56 PM
Er... thanks guys, this is suddenly too much information for me to digest.
So basically if I have no transactions or not expecting any, my backup will be good for years?
(I am using the official client)
3  Other / Beginners & Help / Re: Need more clarification on backing up wallet on: January 30, 2012, 01:54:27 PM
ThomasV, How do I use a deterministic wallet?
Also, what will happen if I fail to backup every 100 transactions? (when my PC crash)
4  Other / Beginners & Help / Need more clarification on backing up wallet on: January 30, 2012, 01:22:42 PM
Hi, I would like to know if we need to keep taking backups of our wallet.dat as we keep having transactions or we only need to backup once for the entire lifetime?

Let's say I backup my wallet.dat in January, have some transactions in February, then my PC crashed in March.
When I restore my wallet.dat, are my February transactions gone?
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