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Author Topic: Question about wallet  (Read 3193 times)
lonestranger
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June 11, 2011, 02:41:48 AM
 #21

Question 3: Why are we advised to turn off the bitcoin client before copying wallet.dat?
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June 11, 2011, 02:59:33 AM
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It does so because it's recommended to use a new adress for every transaction. Your old adresses are still valid though.

Yes, but why?

Main reason is privacy.

If you only use one adress and that adress is somehow linked to your person, then every single transaction you ever made would be public. If an adress is compromised now, only a fraction of your activity will be known.
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June 11, 2011, 07:29:25 AM
 #23

Question 3: Why are we advised to turn off the bitcoin client before copying wallet.dat?
Because otherwise it's possible that the client is writing to it as you're backing up. You can also backup using the RPC interface if you run it using -server.
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June 12, 2011, 06:08:49 PM
 #24

You can also backup using the RPC interface if you run it using -server.

Sorry, you lost me there.
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June 12, 2011, 06:11:34 PM
 #25

Another wallet question!:

If I want to create a wallet with one, single, unique bitcoin address to be used for long-term, deep-storage HOW do I do it? (Is this where I load bitcoin client onto a fresh computer and note the address given in "Your bitcoin address:"?) What then?
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June 12, 2011, 06:30:39 PM
 #26

Another wallet question!:

If I want to create a wallet with one, single, unique bitcoin address to be used for long-term, deep-storage HOW do I do it? (Is this where I load bitcoin client onto a fresh computer and note the address given in "Your bitcoin address:"?) What then?

Then you can send money there. You only have to get the wallet online when you want to spend money from that wallet.

Misspelling protects against dictionary attacks NOT
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June 12, 2011, 06:34:32 PM
 #27

To have a secure "savings account" wallet, I would suggest installing Bitcoin inside a VirtualBox VM. That way any viruses on the host computer can't access the wallet. You only need to boot up the VM when you want to spend coins, you can receive them while Bitcoin isn't running, and check the balance on blockexplorer.com.

Bullshit. That will protect your viruses against Bitcoin, not the other way around.

Misspelling protects against dictionary attacks NOT
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June 13, 2011, 09:11:20 AM
 #28

To have a secure "savings account" wallet, I would suggest installing Bitcoin inside a VirtualBox VM. That way any viruses on the host computer can't access the wallet. You only need to boot up the VM when you want to spend coins, you can receive them while Bitcoin isn't running, and check the balance on blockexplorer.com.

Bullshit. That will protect your viruses against Bitcoin, not the other way around.
Fuck you. Hey look, I can be a potty mouth too! Put a TrueCrypt drive inside the VM and I'd like to see the virus that gets at the wallet.dat...

I know this because Tyler knows this.
bcearl
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June 13, 2011, 09:32:41 AM
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To have a secure "savings account" wallet, I would suggest installing Bitcoin inside a VirtualBox VM. That way any viruses on the host computer can't access the wallet. You only need to boot up the VM when you want to spend coins, you can receive them while Bitcoin isn't running, and check the balance on blockexplorer.com.

Bullshit. That will protect your viruses against Bitcoin, not the other way around.
Fuck you. Hey look, I can be a potty mouth too! Put a TrueCrypt drive inside the VM and I'd like to see the virus that gets at the wallet.dat...

Then it's only protected while the machine is not running. There is no advantage over a encrypted wallet file without VM.

Misspelling protects against dictionary attacks NOT
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