Hi All - As a total newbie to this sort of thing, I got into Cinni a couple of months back before the big downturn in price. Recently I have tried to transfer funds from my wallet to someone as payment for stuff but the transaction never seems to go through and the coins are not returned to me
. I was told that I needed to remove the wallet.dat file and replace it with a backup from before the transactions and then 'install' and older version of the block files and restart the wallet program. Once it had synced back all my coins would be returned to me. Well I have been through this process about 3 times now and every time I seem to have less and less coins in my wallet when it is finished, AND when I compare it with the Cinnichain site it indicates that my wallet has only about 60% of the coins that I am 'supposed' to have and there are almost and extra 1000 transactions.
Today after reading through the last few pages of this forum, I decided to try the 'repairwallet' command, and it returned 'walletcheck = true'
Can someone tell me what might be wrong. Is my wallet broken? Is the CinniChain site in error?
Thanks in advance
likely your missing coins are in your change addresses. you will need the original wallet.dat to reclaim those change addresses, this is part of how bitcoin works when you spend coins it will use a hidden address in your wallet.dat to seen the change from partial spends to. eg you have 100 coins sent to your address, it is 1 input of 100 coins. Now you want to send 10 coins to Sally, it doesnt deduct 10, it spends the full 100 in the following way 10 coins to Sallys address and 90 coins are sent to your change address which is hidden from view but can be viewed in coincontrol window. Its impossible to only spend part of an input in any altcoin or bitcoin. You need to dump the privatekey for that address and import that into your new wallet.dat
heres some further info about change addresses which everyone new to bitcoin or altcoins should know
I would like draw everyone attention to this article, it has some important information and examples of how change addresses work and it is the same for bitcoin, cinni and every other altcoin that exists. Everyone should read it so they can understand better how transactions work.
Important parts to read are "How Bitcoin Transactions Work" and "Preventing and Recovering from Change Address Disasters"
http://bitzuma.com/posts/five-ways-to-lose-money-with-bitcoin-change-addresses/