Because MultiBit does not have the whole blockchain it is not very well suited to private key import.
Like you say, the hosted wallets (where they have the whole blockchain indexed) are better tools for this job.
Topic: How to transfer btc from paper wallet into my MultiBit wallet? (Read 1757 times)
I was afraid of that! I found similar instructions somewhere else.. and just couldn't believe it was that complicated! Isn't there some way you can make this process more straightforward? I would never trust myself and jump through all these hoops to get the job done with MultiBit, even with all that I like using this software. Not when I can just go to my Coinbase account, copy and paste the private key, click a button.. and INSTANTLY the paper wallet contents are in my account. Especially as Bitcoin spreads to a more non-technical group of users, all these MB import steps are a BIG problem: One that will keep some from choosing Multibit software; one that have some just never using paper wallets.
There is a help article on importing a single key here:
https://multibit.org/en/help/v0.5/help_importASingleKey.html
https://multibit.org/en/help/v0.5/help_importASingleKey.html
Sorry. I've looked and read a ton and still not found a direct answer to this.
I'm using 5.16 on Ubuntu. I created offline a paper wallet with bitaddress.org and sent some bitcoins to it. My paper wallet is not encrypted or password protected. It's just the bare-bones public and private keys printed on paper. The btc balance in the paper wallet is all confirmed [through blockchain.info].
Now I'd like to empty/sweep all the btc contents of the paper wallet into my Multibit wallet so I can save and/or spend it from there. How do I do that? Thanks.
I'm using 5.16 on Ubuntu. I created offline a paper wallet with bitaddress.org and sent some bitcoins to it. My paper wallet is not encrypted or password protected. It's just the bare-bones public and private keys printed on paper. The btc balance in the paper wallet is all confirmed [through blockchain.info].
Now I'd like to empty/sweep all the btc contents of the paper wallet into my Multibit wallet so I can save and/or spend it from there. How do I do that? Thanks.
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