Bitcoin Forum
November 09, 2024, 01:09:20 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Does having a deterministic wallet mean we can delete our wallets for security?  (Read 1442 times)
don giovanni (OP)
Member
**
Offline Offline

Activity: 80
Merit: 10


View Profile
February 12, 2013, 07:19:30 AM
 #1

If we can rebuild it by typing in the random group of words that form the seed of the wallet, then wouldnt it be safer when were done using our wallets to just delete them and write the random string of words down, since hackers wont be looking for a bunch of words but for a wallet file?
Tachikoma
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1000



View Profile WWW
February 12, 2013, 08:42:15 AM
 #2

Even if hackers would get your wallet you would still have protected it with a very secure password, right..?

In theory this could of course work but you would lose all your labels and such, which might be annoying.

Electrum: the convenience of a web wallet, without the risks | Bytesized Seedboxes BTC/LTC supported
btcven
Hero Member
*****
Offline Offline

Activity: 715
Merit: 500


Bitcoin Venezuela


View Profile WWW
February 12, 2013, 11:32:01 AM
 #3

Even if hackers would get your wallet you would still have protected it with a very secure password, right..?

In theory this could of course work but you would lose all your labels and such, which might be annoying.

With Electrum labels could be backed up to import them in future restored wallets

Admin: rdymac (PGP) | contacto@bitcoinvenezuela.com | @cafebitcoin | Electrum, lightweight bitcoin client
If I've been helpful tip me a coffee! Cheesy1rdymachKZpA9pTYHYHMYZjfjnoBW6B3k Bitrated user: rdymac.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!