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Author Topic: Offline wallet question:  (Read 359 times)
simplyred (OP)
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July 22, 2017, 05:37:13 PM
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lets say you were using offline hardwere wallet, lets say imToken. And our coins are very secure from hackers in this offline wallet.

And then one day the ImToken app ( company ) will get bankrupt or just close... so there will be no Imtokenapp anymore. What then ?

We loose all our coins on our offline ImToken wallet, or what ?
Here4Trades
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July 22, 2017, 06:24:10 PM
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lets say you were using offline hardwere wallet, lets say imToken. And our coins are very secure from hackers in this offline wallet.

And then one day the ImToken app ( company ) will get bankrupt or just close... so there will be no Imtokenapp anymore. What then ?

We loose all our coins on our offline ImToken wallet, or what ?


I think that offline wallet needs to have a private key or im wrong ? If you have the private key you still have your bitcoins
NyeFe
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July 22, 2017, 06:26:34 PM
 #3

lets say you were using offline hardwere wallet, lets say imToken. And our coins are very secure from hackers in this offline wallet.

And then one day the ImToken app ( company ) will get bankrupt or just close... so there will be no Imtokenapp anymore. What then ?

We loose all our coins on our offline ImToken wallet, or what ?


I think that offline wallet needs to have a private key or im wrong ? If you have the private key you still have your bitcoins

Yeah, you would simply need to sweep the private keys into a new wallet, or add it to your existing one. Every hardware wallet should have a feature such as this, as I understand.

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simplyred (OP)
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July 22, 2017, 06:28:58 PM
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so does the privat keys work in other wallets too ?

So i can take my Trezor key and use it in my Coinbase wallet ?
btctalkacc
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July 22, 2017, 06:50:59 PM
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so does the privat keys work in other wallets too ?

So i can take my Trezor key and use it in my Coinbase wallet ?

why no one know what is he talking about?
Cacingkemi
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July 22, 2017, 08:48:18 PM
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I do not think it will be lost, cryptocurrency through a decent peer-to-peer network so long as you have a private key your money will not go away
so does the privat keys work in other wallets too ?

So i can take my Trezor key and use it in my Coinbase wallet ?
but as far as I know, coinbase now does not include the import private key feature https://community.coinbase.com/t/how-to-import-from-external-paper-wallet-to-coinbase-wallet/2766

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