Topic: Do you need to make frequent backups of wallet files? (Read 241 times)
No, you don't have to do it frequently. I have an android phone wallet and I backed up my wallet about 6 months ago, I never backed it up again. When I restore it, it restores the last value I had on my wallet (obviously). It is probably a warning for a situation where you lose the back up file, so it tells you to do it frequently. I keep my back up file on my google drive so I do not have to worry about it.
I am a little confused about backup files for wallets that don't give you a seed, but instead asks you to do a backup file.
I have asked on reddit if you only need to make the backup of the file once or more often, and the answer I have got is Yes and No. So that is great and enlightening..
Also I read some security best practices on some site, I think it was for the Factom wallet: "Don’t forget to backup your wallet. Go to FILE > BACKUP WALLET. Best practice is to do this frequently onto several new or freshly formatted usb hard drives."
Since they say you should do it frequently I guess once is not enough? But it would also be strange if you need to do backups between every transaction to make sure you back up your coins? Confused.
I have asked on reddit if you only need to make the backup of the file once or more often, and the answer I have got is Yes and No. So that is great and enlightening..
Also I read some security best practices on some site, I think it was for the Factom wallet: "Don’t forget to backup your wallet. Go to FILE > BACKUP WALLET. Best practice is to do this frequently onto several new or freshly formatted usb hard drives."
Since they say you should do it frequently I guess once is not enough? But it would also be strange if you need to do backups between every transaction to make sure you back up your coins? Confused.
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