Topic: Outdated Offline Setup (Read 163 times)
Thanks for your reply, very helpful.
Is there any risk to my coins that I should be aware of if I move any coins from this wallet?
no
Is there any risk to my coins that I should be aware of if I move any coins from this wallet?
Do I need to update the wallets or can I leave it as is?
Do I need to update the wallets or can I leave it as is?
There is no need. But, you might want to use the newer address types to save on future fees, that would require updating the offline wallet software (wallets using 0.92 signer can only sign for uncompressed pay-to-public-key-hash type keys, the newer types were introduced in Armory 0.96+)
If you're just keeping long term BTC, there's no need to change anything.
If you start to use Bitcoin day to day, consider using the new key types, especially if you send to addresses using them (addresses that start with 'bc1', as opposed to addresses that start with '1' that you are using now). To send to the new 'bc1' addresses, you do need to update your offline Armory to 0.96.5. If you're given a 'bc1' address to pay to, 0.92.3 can't sign transactions sent to those addresses.
I believe there were some changes made that require your offline setup to be updated. That said, don't worry, your coins are safe. It's more a matter of ensuring that a transaction can be signed properly.
Hello,
I am not overly technical so would like advice on an offline setup I created from 2017.
Offline: ubuntu 12.04.03 + Armory 0.92.3
Online: Armory 0.96.3
I haven't used this wallet setup since 2017. I did not use fragmentation backup. Is there any risk to my coins that I should be aware of if I move any coins from this wallet? Do I need to update the wallets or can I leave it as is?
Thank you.
I am not overly technical so would like advice on an offline setup I created from 2017.
Offline: ubuntu 12.04.03 + Armory 0.92.3
Online: Armory 0.96.3
I haven't used this wallet setup since 2017. I did not use fragmentation backup. Is there any risk to my coins that I should be aware of if I move any coins from this wallet? Do I need to update the wallets or can I leave it as is?
Thank you.
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