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Lauda (OP)
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DOR
April 18, 2013, 03:02:18 PM
Last edit: September 23, 2017, 10:09:29 PM by Lauda
 #1
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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netrikare
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April 18, 2013, 03:15:18 PM
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Hello,

actually only private keys that are stored in your wallet.dat file are encrypte. Your public key (which is your address to receive payments) is not encrypted. When new transaction arrives form network, bitcoin client checks if it is for your public key (address) and modifies your balance accordingly.

As for second question - yes  Smiley
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April 18, 2013, 03:19:35 PM
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Correct. You only need it to spend them.
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April 18, 2013, 07:33:51 PM
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I believe you just need to copy the wallet.dat file to a USB key and then delete it from your hard drive.

Location of the wallet.dat file is OS specific.
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