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Author Topic: Wallet Encryption Password,  (Read 2145 times)
Razick
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August 08, 2014, 05:32:54 PM
 #41

Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765".

Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins?

Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password.

P.S. wrong category

This answers, thanks. Just realized its in wrong category.


If that really happened and you still have your funds, get them out out that wallet into a new one ASAP !

mbs

not sure, it might have happened, due diligence , he might be trying to crack the password, would it help if i change the password now?

If he stole your encrypted wallet he can decrypt it with the old password. You should create a *new* wallet, with different addresses and a new password and send your entire balance to it ASAP unless you have a very strong password such as r6jv16kZLmfJG#au and are sure it hasn't been exposed. For obvious reasons don't use the password I just posted.

ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
rhkazani1 (OP)
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August 08, 2014, 05:33:51 PM
 #42

Let's say I encrypted my wallet with a password "123456" and I kept the same password for 2 months. I then somehow realized that my wallet is hacked, or I had a trojan/malware or some one might have my wallet.dat, I plan to change my password to "98765".

Lets say someone hacked my wallet before I changed the password, So what password is now effective? Is 123456 or 98765? Which password does he need to get the coins?

Hi rhkazani1, if someone compromised the wallet.dat which was encrypted with password "123456", then that's the password for the wallet. Whether you change your password or not has no effect on the compromised wallet.dat file as it's different from your new one with the changed password.

P.S. wrong category

This answers, thanks. Just realized its in wrong category.


If that really happened and you still have your funds, get them out out that wallet into a new one ASAP !

mbs

not sure, it might have happened, due diligence , he might be trying to crack the password, would it help if i change the password now?

If he stole your encrypted wallet he can decrypt it with the old password. You should create a *new* wallet, with different addresses and a new password and send your entire balance to it ASAP unless you have a very strong password such as r6jv16kZLmfJG#au and are sure it hasn't been exposed. For obvious reasons don't use the password I just posted.

Yup, thanks, appreciate your response.
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