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Author Topic: Wallet Encryption Backup Copy Few Questions  (Read 400 times)
CoinGeneral
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December 17, 2013, 03:41:55 AM
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I have a few questions about the wallet encryption backup copy

Question 1)

Say I have a backup copy on a thumb drive somewhere, and when I backed it up it had 0.01 bitcoins

Now I don't touch the drive for a month, and some guy pays me 0.001 bitcoins to the address/wallet data that was backed up

Once I open up that backup.dat file again, will I see 0.011 bitcoins or 0.01 bitcoins available in the balance?

Keep in mind when I exported the backup it only had .01 bitcoins.

Question 2)

How to load up a backup.dat file?

Question 3)

Is it better to encrypt a wallet or to leave it unencrypted?

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December 17, 2013, 05:03:01 AM
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Offtopic.  You probably want tech support.

But, while you are here...

There are no bitcoins in your wallet.  Your wallet contains keys that can be used to redeem bitcoins that have been sent to you, and a cache of transaction data involving those keys.

1. When your node is fully synchronized with the network and has completed rescanning the blocks, you'll see 0.011 BTC.  You may see 0.01 at first, or even zero, depending on what blocks have been seen by the node you are using the wallet on.

2. Normally, do a new load of the bitcoin software on a new computer, drop the backup wallet into the data directory, rename it to wallet.dat, start the node and let it sync up.

3. Depends how you feel about having your bitcoins stolen.

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