What do I need to do to protect my wallet on my computer?

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I am using Multibit. How to overcome if my computer burns off?

nyunyo12

Posted 2014-01-12T12:45:55.530

Reputation: 11

Question was closed 2014-02-09T21:11:01.020

Answers

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First store your wallet on a disk with a key. Second copy your wallet.dat file. All the information necessary to recover access to your bitcoins is stored in the wallet.dat file. Or if you prefer you can use an online wallet to save your bitcoins. That is independent from you computer

user12121

Posted 2014-01-12T12:45:55.530

Reputation: 16

No problem i will do nownyunyo12 2014-01-12T13:17:13.623

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There is a lot of info about securing your wallet on bitcoin.org

http://bitcoin.org/en/secure-your-wallet

Dylan Westra

Posted 2014-01-12T12:45:55.530

Reputation: 33

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I do the following:

  1. Encrypt my wallet with "Password1" and backup to a file
  2. Zip the file with "Password2"
  3. Store the wallet in all dropbox/skydrive/googledrive/amazondrive

So, even if your computer burns off, you still have your wallet in cloud drives, and even if one or two of those cloud drive providers go out of business or loose your wallet because of bugs in their software, you can still restore it from other cloud drives.

ghalways

Posted 2014-01-12T12:45:55.530

Reputation: 973