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Author Topic: Storing just a wallet on a USB drive  (Read 8021 times)
jim618 (OP)
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April 17, 2013, 07:54:22 PM
Last edit: April 17, 2013, 08:44:41 PM by jim618
 #1

With the latest 0.5.9rc1 code there are a couple of features that make it simpler to store a wallet on a USB drive.
These are:
+ When you open a wallet it automatically resyncs from the last block it saw.
+ You can close a wallet and it disappears from MultiBit (It still stays the same on disk/ USB drive - you aren't deleting it).


To store a wallet on a USB drive you can do the following:

1) Plug in your USB drive.
2) Use 'File | New Wallet' to create a new wallet on your USB drive in whichever directory you like.
3) Add a password to the wallet using 'File | Add Password'.
4) Label the wallet and/or add some receiving addresses as you wish.
5) Transfer bitcoin onto the wallet from another one of your wallets.
6) I always wait for the first confirmation before closing a wallet. (You don't have to do this but then you know for sure it confirmed ok).
7) Close the wallet using 'File | Close Wallet'.

You can then eject the USB drive and put it somewhere safe.

When you want to spend your bitcoin in your USB wallet:
1) Plug in your USB drive.
2) Open the wallet on the drive using 'File | Open Wallet'.
3) MultiBit will then resync the wallet - this will take a minute or two (longer if you haven't used it for a while).
4) Spend your bitcoin as you like.
5) When you are finished, close the wallet in MultiBit using 'File | Close Wallet'.

Again, eject the USB drive.


For safety's sake, keep a copy of your wallet - perhaps on another USB drive. Copy the '.wallet', ".info" and '.key' files.

I have not tried it yet but because the wallet resyncs when you open it, you could use the wallet on the USB drive in a copy of MultiBit 0.5.9rc1 running on a different machine (or even a different operating system).


Safety Note:
Do not forget your password. There is no 'password reset'.
Make sure your wallet is backed up in case you lose your USB drive.


MultiBit HD   Lightweight desktop client.                    Bitcoin Solutions Ltd   Bespoke software. Consultancy.
rodri91
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December 11, 2013, 07:17:20 AM
 #2

My USB stick isn't listed when I go to open a wallet, help?
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