Import bitcoin walletdat multi bit classic download
The backups are encrypted the same as the original wallet. I want my bitcoin to be safe. What do you recommend? At the very least you should have the following in place: Encrypted wallets to prevent others from accessing the data A new wallet created in a directory that is regularly backed up SpiderOak, Dropbox, Carbonite, Time Machine etc A USB stick with additional copies of the private keys in case your machine is stolen and you forget your backup account password Each time a new receiving address is generated a new private key is made which must be backed up.
You must use encrypted wallets if you are storing them off your computer. My wallet was lost but I have a backup. How can I restore it? You can restore from a backup as follows: My wallet is encrypted but it's on my machine.
How can I move it? Please refer to the moving a wallet article. Is there a better way to handle backups? Unfortunately, mis-assigning the timestamp in an import file is both easy to do and can cause confusing MultiBit behavior. Should MultiBit not display balances as expected after importing a private key, see the Stuck Transactions section. When prompted for a filename, enter paper-wallet. The newly-created wallet should be empty. Next, import the paper wallet.
After synchronization, you should see two wallets, one of which contains the balance of the newly-imported paper wallet. Enter an amount that will fully transfer funds from Paper Wallet when transaction fees are taken into account. Why not directly import the private key into the default wallet? The answer has to do with change addresses.
Leaving an imported private key in a MultiBit wallet makes it possible for bitcoin to be stolen in the future. As of version 0.
However, this concern may not apply if you only import private keys securely created by you. Select a convenient filename for the backup in this case, petty-cash. Many instances of theft have been caused by MultBit users storing unencrypted backups to cloud storage. Anyone finding such a backup file can take the funds in your wallet - with or without access to your your computer.
Add a secure password to any backup of a wallet holding non-trival amounts of bitcoin. Unfortunately, testing backup recovery is not easy in MultiBit. The next two paragraphs describe a procedure to simulate a clean MultiBit installation. Use it only on a backed-up wallet containing a trivial amount of bitcoin, and only if you feel comfortable modifying system files. The MultiBit data directory resides at an operating system-specific path that is also displayed at the top of the MultiBit main window.
Having found this data directory, close MultiBit. Next, delete the data directory. On restarting MultiBit, your previous wallet will have been replaced by a new, unfunded wallet. This ends the procedure for simulating a clean MultiBit installation. Starting with a clean installation of MultiBit, the procedure for restoring a backup is similar to the one outlined under Sweep a Paper Wallet. The backup file plays the role of the manually-created import.
If you enter the wrong password, MultiBit will respond with a message to that effect. MultiBit will synchronize with the network, which could take a minute or two. When synchronization is complete, your wallet should be restored to its previous condition. The MultiBit wallets used so far have not been protected by a password. Without a password, anyone who can access your computer or read from your had drive can, in principle, steal bitcoin from the wallet.
Adding a password makes such theft more difficult. Wallets protected by password behave differently than unprotected wallets. They must be unlocked before spending or backing up. They also display a lock icon in the wallet view.
Although this fix often solves the problem, there are cases in which it does not. For example, this condition can result from the use of an incorrectly-formatted paper wallet import file. As described in Sweep a Paper Wallet , care must be taken when assigning the timestamp for a private key.
If the chosen timestamp occurs after the first transaction, MultiBit may persistently display an incorrect balance. Should this problem arise, the solution is straightforward.
Open the exported file with a text editor, then sweep the private key into another wallet program. Imagine that a dispute arises between a buyer and a seller. The seller claims they were not paid. The buyer points to the block chain transaction, which shows a payment.
The buyer and seller take the case before an arbiter. The arbiter asks the buyer to produce a message signed with the private key of the sending address in the block chain transaction. The buyer does so, the arbiter verifies the message, and the case is decided in favor of the buyer.
Enter the address to sign from and a message. Enter the address, message, and signature to verify. MultiBit automatically converts bitcoin to local currency.
The default exchange rate is Bitstamp , but other exchange rates can also be used. Click on the name of the exchange to open it. For most uses, MultiBit performs well as a simplified, fast-loading Bitcoin wallet.