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Topic: If I forget wallet's password? (Read 770 times)

full member
Activity: 1330
Merit: 147
July 25, 2018, 01:49:47 AM
#60
I forget coin's window wallet program's password.
So I can't send coin.
This is a lesson for you when creating a wallet must use an intricate password but you will remember it as long as you need the wallet.
Then this coin is lost forever?
That is a risk you have to recognize because you don't get the password back if you never remember it. Your asset will remain in the wallet if there is no one hacker who stole it.
Are there no restore method?
I never heard the restore method for someone who lost his password
newbie
Activity: 83
Merit: 0
July 24, 2018, 06:11:19 PM
#59
Your wallet password or private key if lost in cryptocurrency means your money is also lost forever. I don't think there will be any way out for you to recover your money.
newbie
Activity: 23
Merit: 0
July 23, 2018, 08:22:50 AM
#58
If you are talking about bitcoin account password,  you should never forget it. And if something like that happen,  you should look for you account key. Those word you placed like puzzle when you are registering.
newbie
Activity: 70
Merit: 0
July 22, 2018, 02:46:32 PM
#57
Ledger is a good way to store funds with paper backups. I personally recommend them.
newbie
Activity: 6
Merit: 0
July 22, 2018, 02:43:35 PM
#56
Cold wallet is the way to go!

Don't snap a pic of your key and store it on your phone. Don't save the key on a file on your computer. Don't tattoo that shit in your arm.  Write it down on a piece of paper and put it somewhere safe. Something you won't throw out the next day, or move around and forget wtf happened.

Honestly, safety deposit box is not ideal but if it's a large institution, it's fine.

COLD WALLET.
newbie
Activity: 70
Merit: 0
July 22, 2018, 04:18:59 AM
#55
You should always be careful how you store your funds as the is no costumer support or what not.

If you even backed up your wallet.dat file "qt wallets" make sure to write the password somewhere safe as well.

Nonetheless I suggest you use a hardware wallet or some kind of wallet that lets you dump the privkey in seed phrase format or let alone you can dump the privkey and store it somewhere that way you shouldn't have any problem when losing your password.
copper member
Activity: 85
Merit: 122
July 22, 2018, 04:09:51 AM
#54
Seriously, the answer mostly depends on the wallet software you use. You didn't tell us which one.

You need a private key, not a password, in order to spend your funds. But passwords are normally used in wallet software to encrypt private keys stored on your computer, to prevent unauthorized access from someone having access to your computer.

Some points:

1. I have seen software that doesn't encrypt private keys at all on the storage device but asks for the password or PIN code anyway -- very weak protection but can protect from non-technical attackers. It very well may be that your wallet does the same, in which case you can just extract the private keys from the file.

2. While you can forget about bruteforcing your private keys, bruteforcing a password is heaps easier. So if your software does encrypt the private keys using the password, you could try bruteforcing the encryption.

3. In rare cases, the software uses a key stretching algorithm to turn your password into a private key to the brain wallet. You can perform bruteforce search on that too.

4. Most important: think hard, when you first started the wallet, has it asked you to write down 12 English words on a piece of paper? like: give down gonna you let up never etc.? This is your seed recovery phrase, which would allow you to completely restore access to your wallet.
jr. member
Activity: 168
Merit: 3
#Please, read:Daniel Ellsberg,-The Doomsday *wk
July 21, 2018, 03:28:07 PM
#53
again ...

if somebody else have a method to recover your account, you don't  have control on your account (wallet) better use a formal bank system
newbie
Activity: 88
Merit: 0
July 21, 2018, 02:29:12 PM
#52
if that happens then you lose your wallet and its contents forever.
there is no recovery option, so it is recommended to be very careful in storing your personal wallet key.
legendary
Activity: 1302
Merit: 1027
July 21, 2018, 10:25:24 AM
#51
If the wallet is synchronized then i think you can do nothing but have to seek help from the professionals. But if you have not synced the wallet then passphrase is enough for you do reload the new wallet with old seed key and create a new password. Not a big deal until you have not sysnced the wallet.
newbie
Activity: 70
Merit: 0
July 21, 2018, 09:42:05 AM
#50
Recovering the password from the account is a very difficult task. It is necessary to search the Internet for the services of wallets or assistants in recovering passwords. A lot of hackers on the Internet, or if your friend is a hacker, he will even help you or tell you.
legendary
Activity: 1624
Merit: 2481
July 21, 2018, 01:58:38 AM
#49
password security code is usually used to login only to retrieve the wallet and change the password you can perform via private key feature, or email time list

Wait.. what?


A password is something you know which gives you access to something (either bei autorization or encryption/decryption).

A 'private key feature' does not exist. A private key is a big (random) number which has a mathematical relation to the public key.
In bitcoin, the private key allows to spend UTXO associated to the correlating public key.

An email is nowhere used inside the bitcoin network. Online sites/services require you to use an email to register.
But when losing a password for a wallet (we are not talking about a 'web wallet' like blockchain.info or a wannabe-web-wallet like coinbase) there is no option to reset it via email..


It seems you have quite a big misunderstanding about how the whole system works. I hope you have your coins well secured, and know what you are doing  Huh
full member
Activity: 310
Merit: 100
July 21, 2018, 01:35:29 AM
#48
password security code is usually used to login only to retrieve the wallet and change the password you can perform via private key feature, or email time list
It's a shame when you forget your password for your wallet, it's a good idea to save your password somewhere easy to find. If your wallet has a lot of money that sure it is a big loss.
member
Activity: 414
Merit: 10
July 20, 2018, 06:48:14 PM
#47
password security code is usually used to login only to retrieve the wallet and change the password you can perform via private key feature, or email time list
sr. member
Activity: 490
Merit: 280
July 19, 2018, 09:38:53 AM
#46
Usually, when you forget your  wallet’s password it means you will lost your account. I wonder if one day i forget my own password, so if you know how to improve it, please tell me how. Tks so much !
Hopefully there is something that can develop for an app that can recover wallet password and share to everyone because it can be really helpful. I save my password on my phone and hardrives so there is always a backup when I lost the one. That is the way how I manage to not forget password because it is really important to access my account.

Probably not going to be an app, but just more people who are professionals that offer this as a service. But if you have a truly secure password, even the best of the best won't be able to crack it. And that means coins are lost forever.
member
Activity: 224
Merit: 10
July 19, 2018, 09:21:21 AM
#45
If you forgot your password just re import your key and set another wallet password that you could easily remember.
newbie
Activity: 48
Merit: 0
July 19, 2018, 01:52:33 AM
#44
We've had so many people who've asked us how to recover lost wallets through hard drive corruption, forgotten wallet passwords and people who didn't dump their private keys.

So do you have any of the following:

- Your private keys ?
- A wallet on another machine with no password or partial addresses ?
- A wallet backup before you encrypted your wallet ?
- Stored your wallet password somewhere - password mustn't be too complicated if you use your memory ?
- Do you reuse your passwords ?

Backing up your private keys even in plain text with physical security would be better than relying on memory.

Hope you remember the password, sickening feeling to know your Bitcoin is locked up and lost.

It's this problem that we're trying to overcome with CyberKeys - just need to remember your birthdate, favorite color and shoesize  Grin

It's only alpha so only for testing at this stage, but you get the idea.

https://bitcointalksearch.org/topic/cyberkeys-alpha-release-protecting-your-private-keys-4699465

Good luck OP !
sr. member
Activity: 630
Merit: 257
July 18, 2018, 12:38:12 PM
#43
Once you forget or lose your password, there nothing you can do to regain the access to your wallet. The cryptocurrencies are decentralized which means these are not controlled by any authority or agency. Therefore, you cannot ask anyone to help you recover your password since your details are not stored anywhere. This makes it very important for the investors to note down and store their passwords somewhere.
full member
Activity: 434
Merit: 100
July 15, 2018, 03:46:24 PM
#42
you may have imported private keys or an unencrypted file somewhere, look in the root folder of the program. or maybe you have programs on your computer that remember what you copy-paste. another option that perhaps you retained xpub from just purse in the form of text. a lot of options, because if there is a lot, then you have to do all the options
newbie
Activity: 128
Merit: 0
July 13, 2018, 09:15:06 AM
#41
 If you have forgotten your wallet password then I think the coins in your wallet are always there but you will not be able to send them to exchanges or any other wallet.
But if you have lost your private key ,there is no way to recover your coins.
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