Hey everyone. Could anyone tell me how to update/change my password for my WAVES wallet? I cannot use the "prefrences' tab since its under development.
Thanks!
Currently it doesn't look like there's an option to change your P/W, but it's stored locally so you can do this.
-Make sure you have your seed written down so you can restore your wallet.
-At the login screen for the lite client on your desktop, click on "remove wallet"
-Your wallet should now be wiped from your computer.
-Now restore your wallet with the seed.
-You should be prompted to create a new password.
Viola, you have changed the password!
Yea that sounds a little risky lol. Thank you for the information though. I guess It would leave your account without a password, other than your seed correct?
Well, the seed is meant to restore a wallet in any event, so I don't think this is particularly risky. Again, the password is stored locally, so it's not like you're risking getting locked out of your account. It's just a local layer of security; it's not a layer of security that exists on the blockchain.
This is why keeping your seed is so important. It's the actual "password" to your waves wallet.
If you are afraid of any risk, you could first use the seed to "restore" your wallet to another device so you have it there "just in case" but the seed is what's used to manage your waves wallet and where it can be accessed, so I don't think this is very risky at all. You should have control over your seed to begin with. Being afraid to use it is akin to being afraid of using a key to unlock the front door to your house because you're used to unlocking the back door with it.
You broke it down for me great! I love that analogy on being afraid to use the key to the front door! I will reset on my laptop first. I broke up with my girlfriend and I doubt she would or even could use my account, but just in case the next guy is into crypto I wanna get it changed :> Thanks again for your help!!
Glad to be of service.
That said, i would generate an entirely new wallet with a new seed in your situation. If there's any chance that your ex might have had access to your wallet seed, then she or someone else could use that seed to "restore" your wallet on their own device and steal all your waves. In this case, it's like she might have a copy of your house key that we talked about before.
Best change the locks on the house. Restore your current wallet on one device, generate a new wallet that will give you a new seed on another device, wrote down the new wallet seed and then transfer everything from your old wallet to the new wallet.
Security is tricky and wallet seeds should be thought of as all access passwords to your wallet from anywhere because that's what they are. If there's a chance that your wallet's seed has been compromised, best create a new wallet that will give you a new seed.
If you don't think your seed has been compromise though, no worries.