Author

Topic: Bitcoin Core upgrade to HD question (Read 142 times)

newbie
Activity: 15
Merit: 0
December 20, 2020, 11:10:14 AM
#4
Thanks for the replies both

hero member
Activity: 1106
Merit: 521
December 19, 2020, 04:13:46 AM
#3
No matter what everytime you are making a change backup your wallet.dat to a safe location
staff
Activity: 3458
Merit: 6793
Just writing some code
December 18, 2020, 11:54:19 AM
#2
The first one.
newbie
Activity: 15
Merit: 0
December 18, 2020, 11:43:47 AM
#1
Hi there,

I'm considering upgrading my wallet to HD by using the -upgradewallet flag but would like to know how this affects existing private keys.

1) Would the existing keys be kept as they are but any additional transactions after the upgrade are placed into the new HD set.

or

2) Would holdings in the non-HD set be moved into the new HD set by the upgrade process?

I'm asking as I would like to extract the existing keys to claim a load of forked coins but for safety don't want to place those private keys into extractor tools until I'm sure my original BTC holdings are safe.

I'm aware I could just send the coins to new addresses manually but to avoid spending if unnecessarily wondered if the HD wallet upgrade is enough.

Thanks in advance for your time!
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