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Author Topic: MultiBit  (Read 336102 times)
bomberb17
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June 20, 2017, 09:52:01 AM
 #1761

Ok assuming that my computer is safe, virus free etc. and I have the .wallet file and exported the private keys,
will the multibit classic client itself be functioning normally after the hard fork?
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June 20, 2017, 10:26:41 AM
 #1762

Multibit classic isn't really functioning "normally" now to be honest... it isn't supported, it isn't maintained... there are instances of people having wallets that won't unlock...  I think the hard fork is the least of your worries Undecided

Having your private keys exported and backed up somewhere is a step in the right direction. You'll be able to import them to whatever client you want to, whenever you want or need to.

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June 21, 2017, 02:57:21 PM
 #1763

Multibit classic isn't really functioning "normally" now to be honest... it isn't supported, it isn't maintained... there are instances of people having wallets that won't unlock...  I think the hard fork is the least of your worries Undecided

Having your private keys exported and backed up somewhere is a step in the right direction. You'll be able to import them to whatever client you want to, whenever you want or need to.

It's a shame to see it fall into the developmental abyss like this. It was a kindly little wallet.

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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July 14, 2017, 11:16:05 AM
 #1764

Does it matter if I exported my private keys encrypted? Or should I keep them in plain text?
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July 14, 2017, 11:31:02 AM
 #1765

Does it matter if I exported my private keys encrypted? Or should I keep them in plain text?

Encrypted with a password that you know? It's better to export them encrypted in that case because on plain text, anyone can open the file and take your bitcoins. It's worth mentioning that Its better to move to another wallet like Electrum (If you are using Multibit Classic because Its no longer being supported by the team or getting updates)

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July 14, 2017, 02:38:24 PM
 #1766

Does it matter if I exported my private keys encrypted? Or should I keep them in plain text?
That really depends on what you want to do with the exported keys... if you're just wanting to back them up... then encrypted would definitely be the best option. If you're wanting to import them elsewhere, then having them encrypted will be problematic, as most other wallets will be unable to import the encrypted file. In fact, a lot of wallets will probably fail to import the unencrypted file as well as it isn't really in a "standard" format... as there aren't any standards! Tongue But at least you're be able to open the file in a text editor and copy/paste the keys as required to import

Some useful reading:
https://multibit.org/help/v0.5/help_exportingPrivateKeys.html
https://github.com/keepkey/multibit/wiki/Export%20and%20limited%20import%20of%20private%20keys

pay close attention to the Development Notes which explains how to decrypt the encrypted file!

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bomberb17
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July 15, 2017, 10:31:04 AM
 #1767

The reason I export my keys is because of this August 1st thing.
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
So I need the private keys to be readable from another wallet in case a hard fork occurs.
Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?
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July 15, 2017, 02:23:51 PM
 #1768

The reason I export my keys is because of this August 1st thing.
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
So I need the private keys to be readable from another wallet in case a hard fork occurs.
Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?

I don't think there will be a fork, but if there is one wait until after it, then decrypt your private keys and import them into another wallet.

However, multibit classic isn't being developed anymore, so it's advisable to switch to a different wallet even if there isn't a fork.
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July 16, 2017, 02:14:50 AM
 #1769

The reason I export my keys is because of this August 1st thing.
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
This is correct. MBC (MultiBit Classic) is not likely to receive any updates. It is effectively "end of life" and no longer maintained at all.


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So I need the private keys to be readable from another wallet in case a hard fork occurs.
That's fine, but MBC isn't going to magically stop running and/or not allow you to export your keys if there is a fork. You will still be able to open up MBC and export your private keys in the event of a fork. It will just not be able to deal with both chains.


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Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?
The encrypted keys are not importable into any other wallets that I am aware of. None of the wallets really support importing encrypted stuff. This is mostly due to there being no real standard for exporting of encrypted keys. Wallets that do this are free to encrypt in any way they like, so it is somewhat unreasonable to expect any wallet to be able to read encrypted files generated by some other app.

If you feel you "must" export your keys now, I would highly recommend that you do so using encryption. It will make it less likely that your keys get compromised should you happen to have any unknown malware on your PC. Also, as already noted, there are tools and methods available to allow you to decrypt the file should you need to access them in the event of a fork.

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August 18, 2017, 11:27:58 AM
 #1770

Can we get BCH?

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August 18, 2017, 11:53:01 AM
 #1771

Only if you import your private keys from MultiBit into a BCH wallet... have a look on bitcoincash.org for a compatible wallet.

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August 20, 2017, 01:28:05 PM
 #1772

Reply too late I gave away. What a SCAM BCH...

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August 20, 2017, 01:28:49 PM
 #1773

Who's gunna spend my free money hehe

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August 20, 2017, 01:29:57 PM
 #1774

Waiting for the next scam fork in November.

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August 20, 2017, 01:39:14 PM
 #1775

I want to know who's getting the money. Cuz I've been misleaded by mutlibit support. They sent me a video on how to retrieve my funds on Electrum...

Then who's taking the free money?

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August 20, 2017, 02:43:08 PM
Last edit: August 20, 2017, 03:16:18 PM by OmegaStarScream
 #1776

I want to know who's getting the money. Cuz I've been misleaded by mutlibit support. They sent me a video on how to retrieve my funds on Electrum...

Then who's taking the free money?

I believe they gave you a video to restore your Multibit HD in Electrum because they are no longer developing the wallet. I guess you can follow the same steps using ElectronCash so you recover the BitcoinCash instead of bitcoin: https://bitcoin.stackexchange.com/questions/57482/bitcoin-cash-multibit-hd-electrum

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Alexoz
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One World


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August 21, 2017, 11:53:33 AM
 #1777

ok thanks  Grin

fanou1989
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October 01, 2017, 12:44:04 AM
 #1778

 I can fill my account in  dollars canadien  and  so would it be possibleand multibit will translate it to the corresponding amount in bitcoins?
HCP
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October 01, 2017, 05:42:12 AM
 #1779

In a word, NO!

MultiBit is a very old, out dated and unsupported wallet... It also has/had no "buy/sell for fiat" capability...

You cannot deposit Canadian dollars into MultiBit.

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BC.GAME
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..CASINO....SPORTS....RACING..
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WimW
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December 10, 2017, 03:51:47 PM
 #1780

Could I get some advice from you experts, please?

I have multibit 5.19 with still some Bitcoins on it. I used Multibit to send a part of that to an online service (in 2 transactions). Both transactions are stuck on "unconfirmed", have been for over 3 days now.

2 questions:

1) Is it a good idea to import the keys into another wallet and spend the bitcoins from there? (Knowing that there's still some unconfirmed transactions out there.)

2) Can I cancel the unconfirmed transactions? With a lot of Googling, I could not come up with a trustworthy way of doing that.

Thank you for the help!

Wim from Leuven, Belgium
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