Your Bitcoin Core wallet is now ready to use. Back it up on paper just like the password and click the “x” at the top right corner to clear the console The private key is the only way to move your Bitcoins from the wallet. Step 7: Backup your private key by going to Help>Debug Window>Console and then inputting the password. Copy the wallet to two or more USB sticks and make this a regular exercise. The file holds the Bitcoin Core wallet address that will be generated automatically and your private key Bitcoin Core wallet. Step 6: Backup your wallet by going to “File” and clicking on “Backup Wallet” and then choosing the destination where the backup will be saved. Make sure that all devices connected to the computer are clean as well and only use your password when absolutely sure that there is no malware. So be sure to keep the computer clean at all times, with anti-malware constantly running and regular scanning. No one can access it without the password, unless you expose it on an infected computer. Your wallet will now require the password during login. Step 5: Once the shutdown process is complete, start up the client again. That could destroy your wallet and the blockchain client. Step 4: After setting up the password, let the software shut down automatically.ĭo not attempt to abort the process or kill it using task manager. Therefore, copy it on paper and keep it safe from theft, water damage and fire. Take note that once you set up the password, you cannot hack or crack it in case you lose it. Set a strong password containing combinations of lower and uppercase letters, numbers and symbols. Step 3: Once the download is complete, click “Settings” and then go to “Encrypt Wallet” so as to set your password. Here is where you might need a little patience. The time it takes to complete the process will depend on the speed of your internet connection as well as your PC’s speed. This step will initiate downloads of the transaction history which is currently more than 100GB. Now that we have the basics, here is how to open a wallet on Bitcoin Core: Step 1: Download the Bitcoin Core wallet from and install the software. Use anti-malware software and remember to scan the USB sticks used for backup periodically Note that after the installation, you need to keep the computer clean and watch your browsing behaviour.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |