Private Key Help | Bitcointalksearch.org

1976

member

Activity: 82

Merit: 10

Quote from: DannyHamilton on March 23, 2014, 12:32:17 PM

Unless you know exactly what you are doing, it is a very bad idea to be using paper backups with Bitcoin-Qt.

Bitcoin-Qt creates new addresses every time you send a transaction and moves some of your bitcoins away from the addresses that you created paper backups from to these new addresses. It hides these new addresses from you, so that you don't know what they are or that they even exist. This means that the bitcoins are held at addresses that are not backed up with your paper backups.

Really?

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Unless you know exactly what you are doing, it is a very bad idea to be using paper backups with Bitcoin-Qt.

Bitcoin-Qt creates new addresses every time you send a transaction and moves some of your bitcoins away from the addresses that you created paper backups from to these new addresses. It hides these new addresses from you, so that you don't know what they are or that they even exist. This means that the bitcoins are held at addresses that are not backed up with your paper backups.

havanabob

member

Activity: 88

Merit: 10

How did you synchronize your wallet and I get the address from the receive tab on wallet program?

CityGuy

newbie

Activity: 10

Merit: 0

Quote from: 11inches on March 21, 2014, 10:28:45 PM

Make sure you unlock your wallet by typing walletpassphrase passphrase 900

Nevermind I got it thanks brother

CityGuy

newbie

Activity: 10

Merit: 0

did that and it's validating the address allowing me to get the pub key, just won't work for private

11inches

newbie

Activity: 39

Merit: 0

Make sure you unlock your wallet by typing walletpassphrase passphrase 900

CityGuy

newbie

Activity: 10

Merit: 0

I have read a couple threads on this, but none address the issue I am having. I type in dumpprivkey [address] and it's saying "Invalid Bitcoin address (code -5)"

My wallet is synchronized and I got the address from the receive tab on my wallet program. I'm using QT fyi

I know this is probably an easy fix but I cannot get it to work regardless of what I try...I am just trying to get my Pub/Private key so I can make some paper backups.

Thanks guys

Topic: Private Key Help (Read 583 times)