Open HardenedSteel opened 1 year ago
I think this is a brilliant idea, however, I'd like some clarification on this enhancement.
If I can restore wallet via a file, would this negate the need for seed phrases?
If this is the case, I would like to insist that these be a mandatory Restore Wallet "Password" associated with the Wallet file otherwise this would be a BIG security risk. If there isn't a Restore Wallet File Password, this would mean someone gets hold of a restore Wallet file, they could gain access to all my crypto without any need for seed phrases.
On a side note, what I'd like to see backed up within the Wallet Restore File is 2 main things
1) Restore all the meta data contained in "Transaction Notes".
2) Restore all the different wallet setting such a custom node configurations etc.
Hence, in the event I need to migrate my Stack Wallet to a new phone, I simply restore via Wallet file and all my "Notes" and config are in tact saving me time and everything will appear as before.
Thanks.
@HardenedSteel for Monero and Wownero we can generate or restore from .keys
files like monero-wallet-cli.exe --wallet-file wallet-name.keys
as in this discussion. I would need to check into the process for importing Bitcoin-based wallets before answering whether restoring wallets from files is feasible for them.
@sneurlax importing from .keys file wont be useful and still people will have to sync their wallet from scratch
Especially for Monero being able to restore from wallet file is important because it allows to skip synchronization process.