Hacker News new | ask | show | jobs
by anton000 4633 days ago
He doesnt even need a copy of the wallet file.

If he stored the bitcoins in a single address, and he has the private key stashed somewhere, then even if the wallet file is deleted, it can be retrieved. This is how bitcoin works, if you have the ECDSA private key of a bitcoin address, you can spend those bitcoins without having the need for a wallet :)
2 comments
TwoFactor 4633 days ago
Since the wallet file is a set of private keys... they're basically the same thing. You're recreating the wallet if you're restoring the private keys from a stored copy.
link
joshstrange 4633 days ago
My knowledge of bitcoin, while probably better than your average guy on the street, is certainly not infallible. Thank you for correcting my mistake.
link