Author

Topic: is it safe to uninstall bitcoin core after noting down address and pvt. key? (Read 316 times)

legendary
Activity: 2912
Merit: 1386
I have installed bitcoin core on my laptop and noted down the wallet address and private key. I have transferred some BTC into the wallet. Is it safe to uninstall bitcoin core now?

No.

First, you haven't done what you said you did. You THINK you did that. You know you have done that when you have tested and verified what you think you did.

Next, as others have noted, there are the "Change" addresses.

Why not simply backup the "wallet.dat." Back it up to a couple of places NOT ON THE CLOUD or your computers. Be sure you are backing up the right wallet.dat too. Move the wallet.dat file from the bitcoin directory to somewhere else. Then run Core. It should recreate the wallet and read all zeros. If it does not, then you backed up something else, right?

 Now that you've positively identified the file, back it up to several thumbdrives and label them.
legendary
Activity: 1946
Merit: 1427
I have installed bitcoin core on my laptop and noted down the wallet address and private key. I have transferred some BTC into the wallet. Is it safe to uninstall bitcoin core now?

I wouldn't do that without backing up the wallet.dat, as it might be possible that you're going to miss change adresses if you don't.

If you have never send a transaction from your wallet, and put all your bitcoins in 1 adress, you should be fine by just keeping the private keys, but if you have done transactions, ( correct me if i'm wrong ), you will lose your change adresses and thus coins.
legendary
Activity: 1204
Merit: 1028
I have installed bitcoin core on my laptop and noted down the wallet address and private key. I have transferred some BTC into the wallet. Is it safe to uninstall bitcoin core now?

What do you mean "noted down?" Did you actually export the private keys and typed them somewhere? That is not ideal.

If you are using windows, you should go to: C:\Users\[YourUsernameHere]\AppData\Roaming\Bitcoin and find "wallet.dat". This is the file that you have to save somewhere else, like an USB pendrive or another HDD or in as many places as you can (but be sure it's encrypted). Then you can proceed to uninstall Bitcoin Core.
newbie
Activity: 1
Merit: 0
I have installed bitcoin core on my laptop and noted down the wallet address and private key. I have transferred some BTC into the wallet. Is it safe to uninstall bitcoin core now?
Jump to: