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Author Topic: A Little Advice Would be Much Appreciated  (Read 859 times)
cryptomad (OP)
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August 25, 2014, 03:44:36 PM
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Hello Bitcointalk,I am looking for Some Advice about the bitcoin-qt ,I have recently got the latest version and encrypted the wallet,I am now left wondering How i UN encrypt the wallet if i desire to,Ive never used the qt befor as i use the blockchain.info wallets,So Will i be asked to enter the Passphrase Upon Withdrawals? Thanks Hope someone can clear this up for me.

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DannyHamilton
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August 25, 2014, 04:09:39 PM
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Hello Bitcointalk,I am looking for Some Advice about the bitcoin-qt ,I have recently got the latest version and encrypted the wallet,I am now left wondering How i UN encrypt the wallet if i desire to

There is no functionality built into the wallet to un-encrypt it.  The private keys all remain encrypted.

Ive never used the qt befor as i use the blockchain.info wallets,So Will i be asked to enter the Passphrase Upon Withdrawals?

Yes.

Anytime the wallet needs to access an existing private key, or create a new private key, it will require you to enter your password.  The password.  This will allow the wallet to decrypt the necessary private keys or encrypt the new private key.
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August 25, 2014, 04:11:53 PM
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You can *dump* the private keys using the console if you wanted to move them to another wallet (note that you need to be aware of *change addresses* if you go down this path).

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

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cryptomad (OP)
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August 25, 2014, 04:20:43 PM
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Thank you both for the replies,So if i have bitcoin in the encrypted wallet,When i Withdraw from the wallet i will be required the password,I wont Want to change wallets,Ill keep the same wallet

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August 25, 2014, 04:31:19 PM
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Thank you both for the replies,So if i have bitcoin in the encrypted wallet,When i Withdraw from the wallet i will be required the password,I wont Want to change wallets,Ill keep the same wallet

You will be prompted for the passphrase any time you attempt to send bitcoins or sign a message, but you don't need it to receive bitcoins or see your balance. There's no reason for you to ever decrypt your wallet, as that would pointlessly decrease security.

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