Does importing a private key into QT overwrite existing bitcoins?

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Topic: Does importing a private key into QT overwrite existing bitcoins? (Read 716 times)

josiahgarber (OP)

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Does importing a private key into QT overwrite existing bitcoins?

April 09, 2013, 10:35:18 PM

Just wondering if I import a private key into QT whether it will add to the balance or replace it? I am almost sure it adds to it, but was just wondering. Yes I backed up my wallet.dat. :-)

Thanks.

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wumpus

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Re: Does importing a private key into QT overwrite existing bitcoins?

April 09, 2013, 10:45:17 PM

No, it only adds.

Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through File → Backup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.