Does having a deterministic wallet mean we can delete our wallets for security?

btcven

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Bitcoin Venezuela

Quote from: Tachikoma on February 12, 2013, 03:42:15 AM

Even if hackers would get your wallet you would still have protected it with a very secure password, right..?

In theory this could of course work but you would lose all your labels and such, which might be annoying.

With Electrum labels could be backed up to import them in future restored wallets

Tachikoma

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Even if hackers would get your wallet you would still have protected it with a very secure password, right..?

In theory this could of course work but you would lose all your labels and such, which might be annoying.

don giovanni

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If we can rebuild it by typing in the random group of words that form the seed of the wallet, then wouldnt it be safer when were done using our wallets to just delete them and write the random string of words down, since hackers wont be looking for a bunch of words but for a wallet file?

Topic: Does having a deterministic wallet mean we can delete our wallets for security? (Read 1451 times)