rupxisshit (OP)
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April 23, 2022, 10:16:34 PM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
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Cryptock
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April 23, 2022, 10:21:05 PM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
The private key is always the most important. However, in case you lose your private key, you should also additionally secure the "json" file to open which you need a password. The password may also be needed to login to some wallets, so better secure it well, because you may still need it.
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Coinfarm ventures
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April 23, 2022, 10:22:21 PM |
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Back in 2016 when I first installed the official ETH wallet onto my computer, I had to specify a password for encrypting-decrypting the keystore file. So yes, you probably need the password. Always back up the keystore file, which should be located in `C:\Users\x\AppData\Local\Ethereum\" or something like that.
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Yogee
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April 23, 2022, 10:44:51 PM |
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Private key should be enough when importing wallets to a new wallet or device.
I'm not sure what ethereum wallet are you going to use but most wallets use seed phrase now. It's easier to copy and write in a piece of paper as back up than a private key.
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Cadaver20
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April 23, 2022, 11:16:50 PM |
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All the information that will be given to you when opening a wallet is important. If this information was not needed, you would not be provided. When you open a wallet you can get private key, password, json file and seed phrase. Of these, you will only need your wallet password when logging in with the json file. In those wallets where there is an opportunity to login with private key, private key is sufficient to login your wallet.
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Bitcoin_Arena
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April 23, 2022, 11:22:24 PM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
The private key is sufficient, but there is a reason why you encrypt the private key using a password. If a hacker comes across your Keystore file (encrypted private key) they won't be able to access your funds if they don't know your password but if they come across your plane private key. It's game over.
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Jaered
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April 23, 2022, 11:24:59 PM |
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Your private key is the most important part of the security get-up. It enables movement or transfer of tokens or coins, and also importation and exportation of the said wallet
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Jating
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April 23, 2022, 11:57:10 PM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
As others have said, not just in ETH wallet, but even in BTC wallet, the private key is the most important aspect of our wallet. If you lost it, they say goodbye to your ETH or BTC holdings. And that is why it is designed to be very difficult to crack and it's supposedly unique for everyone. Password is there just for protection of your wallet, but if they can bypass it, then their next step is your private key which is very difficult to hack, unless the criminals pull a 5$ wrench attack on you and forced you to give them your private key.
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coinsycrip09
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April 24, 2022, 01:05:50 AM |
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exporting the private key from myetherwallet, i think, doesn't require a password. but in exporting the keystore file, it does have to use a password. so it would be better if you remember your password, maybe one day you will lose your private key.
my advice, you still have to remember your password or you can copy it to notepad or the like to make it easier for you if one day you lose or forget your password and private key.
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TastyChillySauce00
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April 24, 2022, 01:22:42 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
As long as you have private key and it doesn't require the password. This is the key to sign in into your wallet. That's different when you are using like keystore to sign in into your wallet and that will require you to put the password that being used to encrypt your keystore. Private key will not sufficient and you can open it through MEW or mycrypto anytime as you want caused by what you have been owned was the key of wallet.
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VRExpress
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April 24, 2022, 07:08:07 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient? Thanks
Forget the password, they aren't secured as you think, the most important one is the private key, if this gets to other people hand your asset will be wiped out and your password won't be able to safe you, I guess you need to read a lot about private keys or recovery seed, in their case a password is useless.
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Little_Sister
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April 24, 2022, 07:50:00 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
Private keys are enough, I always prioritize wallet applications that provide private key access over mnemonic phrases, I've had many wallets since MEW and each one already has a private key stored in a secret file. So I can access the wallet through any wallet application including using metamask.
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Davian144
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April 24, 2022, 07:51:37 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
The password that you create is only valid when you want to enter and open your wallet in the browser or on the device you are using, while the private key usually functions to import the wallet into certain Dex exchanges for swap or other purposes. So it's not always the password that you create that will be asked when you do anything in your wallet.
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shinratensei_
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April 24, 2022, 08:13:59 AM |
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Does in any way I will need the password or is the private key sufficient ? Thanks
Private key was enough. Privatekey was the main thing that you are looking for and you can use this to open your wallet anytime in the various ethereum wallets or any wallet that compatible with ethereum blockchain. In my opinion if your password is useless for now as you have privatekey in your hand. You can also try to take open use your privatekey anytime. This is the main important thing to be used. You must not feel worry if you are losing your password as long as you have privatekey to open it anytime., It's safe to hodl it as long as you can keep it in safe place
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KaliLinux
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April 24, 2022, 08:26:37 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
I believe it is preferable to save every login detail when you are opening a wallet however with your private keys, you can easily create a different password once you import your wallet to another ETH wallet but I save everything just in case.
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zasad@
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April 24, 2022, 10:32:42 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
Save your private key and wallet password file in different places. This will protect you from copying data errors. But if your deposit is more than $1,000, then I advise you to buy a Ledger or Trezor hardware wallet. Feel free to spend $100 on this.
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judeafante
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April 24, 2022, 11:02:48 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
The private key is enough you can transfer it from one wallet to another wallet, the private key was created when the wallet was created and the password is something you alone created I do create passwords when creating a new wallet in metamask or MEW but when transferring to a new wallet or logging in again to metamask, I only need the private key or the passphrase to open my wallet.
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MFahad
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April 24, 2022, 11:10:01 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
No need of password only private key or paraphrase words are sufficient. Password is just for purpose that if someone access your mobile so one cannot use your wallet to send fund without password. Paraphrase words or private key is important. If someone get access to this then he can use in any mobile and can send your all money.
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lablab03
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April 24, 2022, 11:52:21 AM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
it depends what is the requirements to manage your wallet, if it's just asking a private key then keep it and don't share it to anyone.. But sometimes there's a seed phrases, hence if its necessary, then keep it also because you can use it as a backup once you lost you private key.
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Beparanf
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April 24, 2022, 12:07:14 PM |
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if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ? Thanks
You don't need the password if you will import the private key but you will need it in case you loss your key and you save the json file since json files need the password so that you can access. Just save the password together with the json file just to make sure you have a backup key in case shit happened to your keys. I experience this already when my laptop got corrupted which contains my priv key. LucI save my json file on my google drive which I use to recover my ETH wallet.
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