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Kaiji
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April 12, 2013, 10:16:27 AM
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I understand you can backup your wallet.dat file and save it on a usb. Does it save all your future transactions you continue to do on the client program or do you have to keep backing up the wallet.dat file everytime you make a transaction. Hope it makes sense.


Thanks.
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April 12, 2013, 11:02:46 AM
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It makes sense to continue backing up the file  Wink
charybdis
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April 12, 2013, 11:08:39 AM
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You do not have to back it up every time you make a new transaction, because all of the transactions are stored in the blockchain. If you add a new address to your wallet then you should back it up, because the private key for that address won't be in the earlier backups that you made.

So: if you add a new bitcoin address to your wallet, you need to back it up. New transaction, no.
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April 12, 2013, 11:13:21 AM
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I understand you can backup your wallet.dat file and save it on a usb. Does it save all your future transactions you continue to do on the client program or do you have to keep backing up the wallet.dat file everytime you make a transaction. Hope it makes sense.


Thanks.

Yes, you DO need to back up once in a while.... new addresses are created behind the scenes when you spend and the client keeps about 100 spares at all times... so after 100 sends your wallet would be out of date
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