BitShares Forum

Main => Technical Support => Topic started by: bitmarley on January 05, 2015, 10:24:22 pm

Title: Wallet Backup Procedure - Best Practice?
Post by: bitmarley on January 05, 2015, 10:24:22 pm

Can someone please advise as to the best practice for backing up the bitshares wallet?

Is it as simple as exporting the wallet JSON file?

Is there an option to create a brain wallet (like Electrum for bitcoin) ?

Is there a method for creating a cold wallet?

Title: Re: Wallet Backup Procedure - Best Practice?
Post by: Gentso1 on January 06, 2015, 06:17:47 pm

http://www.aboutbts.com/2014/12/how-to-backup-and-restore-your-bitshares-wallet.html

Title: Re: Wallet Backup Procedure - Best Practice?
Post by: blahblah7up on January 06, 2015, 09:31:26 pm

http://wiki.bitshares.org/index.php/Best_Practices/Cold_Storage

Title: Re: Wallet Backup Procedure - Best Practice?
Post by: bitmarley on January 07, 2015, 10:26:38 am

Quote from: Gentso1 on January 06, 2015, 06:17:47 pm

http://www.aboutbts.com/2014/12/how-to-backup-and-restore-your-bitshares-wallet.html

Thanks. That backup procedure requires copying and pasting the correct wallet folder. Is that best practice atm? If so that's a concern to me.

Can anyone confirm whether backing up the "BitShares Wallet Backup.json" via the client menu option File > Export Wallet is a deterministic seed backup?

Quote from: blahblah7up on January 06, 2015, 09:31:26 pm

http://wiki.bitshares.org/index.php/Best_Practices/Cold_Storage

Thanks. This cold storage solution doesn't include
1) how to create a watching only wallet
2) how to sign offline transactions and broadcast them

So it looks as if a proper cold wallet feature is not available in BTS yet.

At least if the client had OTP 2-factor authentication. Hmmmm......  :-\