Topic: Multibit Wallet Backup Question (Read 1602 times)
Great to hear you've moved to Linux for your crypto. I've run MultiBit on an Ubuntu 12.04 machine for more than a year, through updates and all, and it still just keeps keeping on.. working. Best wishes going forward.
Thank you Jim618.
I am stuck with XP due to some very specialised (and expensive) programs that I use for work that do not operate in Win7 or Win8. That being said, i have now installed a Linux distro (dual boot) that i use for my cryptocurrency transactions.
I am stuck with XP due to some very specialised (and expensive) programs that I use for work that do not operate in Win7 or Win8. That being said, i have now installed a Linux distro (dual boot) that i use for my cryptocurrency transactions.
You need a new backup everytime you create a new receiving address (as you have a new private key in the wallet).
Also, I wouldn't recommend using Windows XP anymore for any Bitcoin wallet as it's not supported anymore by MS. I don't think you can consider it secure for storing bitcoin anymore.
Also, I wouldn't recommend using Windows XP anymore for any Bitcoin wallet as it's not supported anymore by MS. I don't think you can consider it secure for storing bitcoin anymore.
I am not sure about what files associated with my Multibit wallet need to be backed up (using Windows XP).
My current arrangement is that I have the wallet's data folder and .wallet file stored on an encrypted on-site USB memory stick. I use this on-site memory stick whenever I need to access my Multibit wallet. I have a second encrypted USB memory stick containing the same files that I store off-site. The off-site memory stick is for use if I loose access to my on-site memory stick.
When should I back up my on-site memory stick to my off-site memory stick:
My Multibit wallet is only used to receive bitcoins from my clients and to send bitcoin to my cell phone for normal spending.
My current arrangement is that I have the wallet's data folder and .wallet file stored on an encrypted on-site USB memory stick. I use this on-site memory stick whenever I need to access my Multibit wallet. I have a second encrypted USB memory stick containing the same files that I store off-site. The off-site memory stick is for use if I loose access to my on-site memory stick.
When should I back up my on-site memory stick to my off-site memory stick:
- After every transaction?
- After every new receiving address is used?
- Never (the off-site backup will always be good for this wallet)?
My Multibit wallet is only used to receive bitcoins from my clients and to send bitcoin to my cell phone for normal spending.
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