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January 05, 2014, 08:36:56 PM |
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I am just trying to get my head around how I back things up, I am using Multibit and its make a .wallet file.
Am I right in thinking that is the only thing i need to backup in order to be safe, as long as I have that on a USB stick I can recover everything right?
I read when a new address or number is added to the wallet I need to make a new backup but thats it, I wont need to back it up when each transaction takes place as that goes on off on the main network I just need my wallet which will contain all of my keys....
Just for piece of mind, could someone verify I have the right understnading of this??
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