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ManojNimbalkar / bitcoin-wallet

Automatically exported from code.google.com/p/bitcoin-wallet
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How do I backup the coins themselves? #267

Closed GoogleCodeExporter closed 9 years ago

GoogleCodeExporter commented 9 years ago 
I see an option to backup the keys but not the coins themselves.
Perhaps I don't understand BTC enough.
If backing up the keys means backing up the coins, than when I restore the keys 
on other devices, I should be able to see the the amount there.
If so, than this issue is probably just a request for clarity - that's it.

* It's amazing that this is also a decentralized identity mechanism. Amazing.

Original issue reported on code.google.com by kilaka@gmail.com on 30 Dec 2013 at 9:21

GoogleCodeExporter commented 9 years ago 
Please don't use the issue tracker as a support forum. A good place would be 
the community: https://plus.google.com/communities/105515929887248493912

The Bitcoins themselves will never go lost, they are tracked by all nodes. But 
if you lose the keys, you lose access to your coins. This is why you need to 
backup the keys.

Original comment by andreas....@gmail.com on 1 Jan 2014 at 12:35