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    Author Topic: Newb Backup Question  (Read 1125 times)

    • Juntow (OP)
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    June 07, 2011, 05:16:57 PM
     #1
    If I have an encrypted wallet backup, I understand that I should re-do the backup before the next 100 transactions. Sorry for the stupid question, but when I update the backup, do I just need to load the wallet.dat back up, or should I send the coins to a brand new wallet and back that up?

    Thanks

  • Maged
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    June 07, 2011, 05:24:12 PM
     #2
    To update a backup, you just need to copy over your current wallet.dat. We also recommend exiting out of bitcoin before doing so.
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  • Juntow (OP)
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    June 07, 2011, 05:28:34 PM
     #3
    So if I have a backup and a spending wallet, all I have to do is remove the spending wallet for a minute, copy the backup back into the location, load bitcoin, exit, back it up again and then restore my spending wallet?

    if thats the case thats what I was thinking. thanks!  Smiley

  • Maged
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    June 07, 2011, 06:45:59 PM
     #4
    Quote from: Juntow on June 07, 2011, 05:28:34 PM
    So if I have a backup and a spending wallet, all I have to do is remove the spending wallet for a minute, copy the backup back into the location, load bitcoin, exit, back it up again and then restore my spending wallet?

    if thats the case thats what I was thinking. thanks!  Smiley
    I'm confused. Are you just trying to backup your spending wallet or are you trying to create a savings wallet?
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  • Juntow (OP)
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    June 07, 2011, 06:49:57 PM
     #5
    I have spending and savings wallet. I want to update the savings wallet backup.

  • Stephen Gornick
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    June 07, 2011, 06:51:08 PM
     #6
    If at any time the only copy of a wallet is on your "backup" media, then you don't have a backup you only have a single copy stored elsewhere than on your computer.

    There are multiple approaches to keeping backups, including having a "savings" and a separate "checking" wallet as you describe.  Those are good practices when the amount of bitcoins becomes more than pocket change.

    Incidentally, here's a guide from the Bitcoin wiki on the subject:
      - http://en.bitcoin.it/wiki/Securing_your_wallet#Backup
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  • Juntow (OP)
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    June 07, 2011, 07:04:11 PM
     #7
    Ok I understand now! No need to update savings backup because it is a different wallet from my spending.

    Thank you!
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