Sorry for the confusion.. but I figured it out on my own. I was looking for an easier way to understand it but I figured there is no easy way, so.. I went and did a whole lot of reading (not one of my favorite things) and all I have to do now is try it out.. and lose some millibits in the process and see if it works.
Thanks
Topic: Cpl of questions (Read 356 times)
EDIT:
If I import a key from an offline wallet into an online one, do my transactions and send the rest of the balance into an another address of the same offline wallet, can it still be compromised?
If I import a key from an offline wallet into an online one, do my transactions and send the rest of the balance into an another address of the same offline wallet, can it still be compromised?
The terms "offline" and "online" are a bit confusing. I am not sure what you are asking...
Quote from: bitbaby
After i have used all the addresses and private keys of the offline wallet, can I make add more into it or should I just make another offline wallet?
I am assuming you are speaking of an Electrum wallet...
The wallet software will keep generating new addresses. If it is a more extreme usecase (>10,000 TX total) then it might be worth creating a new wallet. Again, not sure what you mean by "offline"
Quote from: bitbaby
When I make an offline wallet, are the keys password protected? do I have to provide the password when importing a key from another wallet??
Thanks
Thanks
Again, define offline wallet.
Personally, an online wallet is synonymous to a web wallet service (blockchain, coinkite, etc.)
EDIT:
If I import a key from an offline wallet into an online one, do my transactions and send the rest of the balance into an another address of the same offline wallet, can it still be compromised?
After i have used all the addresses and private keys of the offline wallet, can I make add more into it or should I just make another offline wallet?
When I make an offline wallet, are the keys password protected? do I have to provide the password when importing a key from another wallet??
Thanks
If I import a key from an offline wallet into an online one, do my transactions and send the rest of the balance into an another address of the same offline wallet, can it still be compromised?
After i have used all the addresses and private keys of the offline wallet, can I make add more into it or should I just make another offline wallet?
When I make an offline wallet, are the keys password protected? do I have to provide the password when importing a key from another wallet??
Thanks
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