ETH wallet password | Bitcointalksearch.org

Lantind

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Quote from: SistaFista on May 05, 2022, 10:10:20 AM

Private key alone is enough to move your eth and tokens in your wallet, but it is not recommended to use private key because its not secure.
Anyone can make phishing site to get people with their private key.
Using metamask wallet in browser extension is safer than using private key, or you can use other secure wallet.

The Metamask extension in the browser also has two basic security features, where users have to import their private key into Metamask and set a password when logging in to Metamask. I think Metamask is completely safe to use and it's also clear as you said that using the metamask wallet in a browser extension is safer than the other options.

evichi

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Password and json file are required if you are using your system to log in. To secure your wallet, in case you loose your PC or Smart Phone, you need your private key/seed phrase. It all depends on the type of wallet you are using. It is important to record and keep all wallet access data offline. It is a worthwhile effort to ensure use of aphanumeric mix as password.

SistaFista

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Private key alone is enough to move your eth and tokens in your wallet, but it is not recommended to use private key because its not secure.
Anyone can make phishing site to get people with their private key.
Using metamask wallet in browser extension is safer than using private key, or you can use other secure wallet.

Tony116

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Quote from: zasad@ on May 04, 2022, 03:09:25 PM

Quote from: rupxisshit on May 04, 2022, 06:16:33 AM

Quote from: Coin BTC on April 25, 2022, 11:07:20 AM

The first point is the private key is very important, and one thing you need to remember this private key should be enough when you want to import wallet to wallet even to new devices. but if you lose your private key then you have to secure the Json file, in my opinion a password is also needed and even needed to enter the wallet, so my advice is more precisely, you need to save it because in the future of course you will need it again.

It can be concluded that the information provided by both of us and you when you want to open your wallet is very important.

Why not just save the private key twice ? why I need silly json and silly password ? If I can access my funds just with private key then it's easier than json+password

What if you make a mistake and write the wrong private key?
json+password is sometimes more convenient to use because it is very difficult to remember the private key, and json can be stored in the cloud if you come up with a complex password that is easy for you to remember.

I think using private key is more convenient than using json, there are some non-custodial wallet that just use seedphrases or private keys instead of json files.

Why do you think storing json in the cloud is safe?, I think whether it's a private key or json, both need privacy and security, so store it offline instead of storing it in the cloud.

blue Snow

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Quote from: mdzahed134 on May 04, 2022, 02:12:20 PM

Quote from: gurunanakji777 on April 25, 2022, 11:44:05 AM

Private key and Keystore file both are very important to access your Ac if you have one of them you still can access your account but it's always better to use Keystore file to access your Ethereum wallet and don't keep all these at one place keep it on a different place to be safer side.

No need to keep keystore file or password if you will store private key, even i think keystore file is a bit unsafe, anytime your file can be affected because you can't store it in offline that is big disadvantage. I feel safe only with private key in any wallet and i think online store is always risky.

you can save the Keystore offline with a computer that never connects to the Internet.

Quote from: Kingairdrop on May 04, 2022, 02:54:56 PM

The password is restricted to just that wallet, but your private key overrides all passwords when you import your account to another wallet. Private keys are always the thing to note when handling your cryptocurrency accounts

That like Key and Padlock, both have pair with each other and no appropriate if we try to unlock using another key. So, we don't need the password for this situation, if we lost or another one have our key, it will definitely lost in second.

Lantind

sr. member

Activity: 2324

Merit: 263

Quote from: bitcrystal on May 04, 2022, 05:06:21 PM

mostly you only need your private keys, thats why you need to keep it very safe and secure such that no one will be able to use it aside you. your wallet password is only effective for that wallet at every time you are using it.

Yes, in general a wallet password is just additional security when accessing the wallet and it is also better to use it with multiple layers of security for the wallet, whereas a very general security is the private key which must be very well guarded in order for the wallet to be very secure.

zonefloor

hero member

Activity: 1876

Merit: 524

If there is no encryption beforehand, you can open your wallets directly with your private key. But if you have a json file and encryption is in question, it is almost impossible to open it unless you remember the password. Therefore, be careful to use passwords that you will not forget or that you have definitely saved. In Trustwallet-style wallets, if you have 12-word codes, they usually do not ask for a password. However, this situation varies according to the applications.

NicNacCoin

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Activity: 1386

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Quote from: rupxisshit on April 23, 2022, 05:16:34 PM

if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ?
Thanks

The private key is what you need most. If you lose your personal key, your wallet will have no value. For this you must keep the private key in a safe place.And you have to login a lot better with the password which is why you have to remember the password more safely.

bitcrystal

sr. member

Activity: 425

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mostly you only need your private keys, thats why you need to keep it very safe and secure such that no one will be able to use it aside you. your wallet password is only effective for that wallet at every time you are using it.

zasad@

legendary

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Quote from: rupxisshit on May 04, 2022, 06:16:33 AM

Quote from: Coin BTC on April 25, 2022, 11:07:20 AM

The first point is the private key is very important, and one thing you need to remember this private key should be enough when you want to import wallet to wallet even to new devices. but if you lose your private key then you have to secure the Json file, in my opinion a password is also needed and even needed to enter the wallet, so my advice is more precisely, you need to save it because in the future of course you will need it again.

It can be concluded that the information provided by both of us and you when you want to open your wallet is very important.

Why not just save the private key twice ? why I need silly json and silly password ? If I can access my funds just with private key then it's easier than json+password

What if you make a mistake and write the wrong private key?
json+password is sometimes more convenient to use because it is very difficult to remember the private key, and json can be stored in the cloud if you come up with a complex password that is easy for you to remember.

Kingairdrop

jr. member

Activity: 552

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The password is restricted to just that wallet, but your private key overrides all passwords when you import your account to another wallet. Private keys are always the thing to note when handling your cryptocurrency accounts

mdzahed134

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Quote from: gurunanakji777 on April 25, 2022, 11:44:05 AM

Private key and Keystore file both are very important to access your Ac if you have one of them you still can access your account but it's always better to use Keystore file to access your Ethereum wallet and don't keep all these at one place keep it on a different place to be safer side.

No need to keep keystore file or password if you will store private key, even i think keystore file is a bit unsafe, anytime your file can be affected because you can't store it in offline that is big disadvantage. I feel safe only with private key in any wallet and i think online store is always risky.

rupxisshit

newbie

Activity: 18

Merit: 0

Quote from: Coin BTC on April 25, 2022, 11:07:20 AM

The first point is the private key is very important, and one thing you need to remember this private key should be enough when you want to import wallet to wallet even to new devices. but if you lose your private key then you have to secure the Json file, in my opinion a password is also needed and even needed to enter the wallet, so my advice is more precisely, you need to save it because in the future of course you will need it again.

It can be concluded that the information provided by both of us and you when you want to open your wallet is very important.

Why not just save the private key twice ? why I need silly json and silly password ? If I can access my funds just with private key then it's easier than json+password

rupxisshit

newbie

Activity: 18

Merit: 0

The private key is enough every created wallet is associated with a private key there's no mention of a password, the password is just a security feature added by the wallet developer and the password can be changed anytime if you're using a metamask and you transfer to another computer you can set up another password but you cannot change your private key that is associated to your address.
[/quote]

Thank you. That's what I understood from the beginning.
What I didn't understand is why people here are talking about saving the password for double guarantee.why not just save the private key twice ? 7 times..who cares ? I really don't see the usage of the password.
Thanks

robelneo

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Quote from: rupxisshit on April 23, 2022, 05:16:34 PM

if I created a wallet with a password and then exported the private key .Does in any way I will need the password or is the private key sufficient ?
Thanks

The private key is enough every created wallet is associated with a private key there's no mention of a password, the password is just a security feature added by the wallet developer and the password can be changed anytime if you're using a metamask and you transfer to another computer you can set up another password but you cannot change your private key that is associated to your address.

gurunanakji777

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Private key and Keystore file both are very important to access your Ac if you have one of them you still can access your account but it's always better to use Keystore file to access your Ethereum wallet and don't keep all these at one place keep it on a different place to be safer side.

Coin BTC

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The first point is the private key is very important, and one thing you need to remember this private key should be enough when you want to import wallet to wallet even to new devices. but if you lose your private key then you have to secure the Json file, in my opinion a password is also needed and even needed to enter the wallet, so my advice is more precisely, you need to save it because in the future of course you will need it again.

It can be concluded that the information provided by both of us and you when you want to open your wallet is very important.

rupxisshit

newbie

Activity: 18

Merit: 0

one last question- is ETH still uses AES-128 ? why not 256 or stronger ?

Reid

hero member

Activity: 3052

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Quote from: rupxisshit on April 25, 2022, 04:47:19 AM

Thank you all for your answers.
I already knew the answer I just wanted to be sure.
Maybe I wasn't clear but I already Lost the password (because I never saved it because I knew that private key is enough), but then a second later - second guessing came in , because who know, what works for BTC or any other coin not necessarily means it's the same in ETH.
but with that I do understand that it's all comes to the same cryptography- AES128..so the private key can be used after opening a new wallet and import the private key.
Just wanted to be 100% sure that I won't get f in the future.

Good. You could lock the thread if you think you found your answer from one of the members from page 1 to 3.
That way we won't invite spam posts later and in the future. Good luck in keeping your security stronger. You could look at Wallet Software and look for something that suits your needs.

rupxisshit

newbie

Activity: 18

Merit: 0

Thank you all for your answers.
I already knew the answer I just wanted to be sure.
Maybe I wasn't clear but I already Lost the password (because I never saved it because I knew that private key is enough), but then a second later - second guessing came in , because who know, what works for BTC or any other coin not necessarily means it's the same in ETH.
but with that I do understand that it's all comes to the same cryptography- AES128..so the private key can be used after opening a new wallet and import the private key.
Just wanted to be 100% sure that I won't get f in the future.

Topic: ETH wallet password (Read 432 times)