Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
Can anyone explain to me :
If i convert SDC to Shadow , a change adres will be made. Do i need to make a new backup of the wallet? Or can i use the old wallet still? Else i have to re-backup the wallet everytime I do a conversion from sdc to shadow?
can someone answer me please If i convert SDC to Shadow , a change adres will be made. Do i need to make a new backup of the wallet? Or can i use the old wallet still? Else i have to re-backup the wallet everytime I do a conversion from sdc to shadow?
bumping my question.Just for sake of clarity
Yes every-time you send coins (shadow or SDC) to a stealth address it will generate a new SDC Address
Every SDC Address has a new private key, however because this SDC Address was generated by sending coins to a "stealth address" aslong as you have a backup of your wallet when you created the stealth address you do not need to back it up again. All future SDC addresses created by sending money to that "stealth address" are covered. This is a bit like a HD wallet but not quite ...
Obviously you can never be too careful so backup as necessary.
Yes but as per above, if the funds where sent to a "stealth address" then it does not matter as you can re-create those SDC Addresses and corresponding private keys from your stealth address backup.
OK, so every time I convert Shadow to SDC I create a new SDC address.
Yes every-time you send coins (shadow or SDC) to a stealth address it will generate a new SDC Address
Quote
Is this a new private key?
Every SDC Address has a new private key, however because this SDC Address was generated by sending coins to a "stealth address" aslong as you have a backup of your wallet when you created the stealth address you do not need to back it up again. All future SDC addresses created by sending money to that "stealth address" are covered. This is a bit like a HD wallet but not quite ...
Obviously you can never be too careful so backup as necessary.
Quote
It seems like over time I will have hundreds of keys and stealth/public addresses in the wallet.
Yes but as per above, if the funds where sent to a "stealth address" then it does not matter as you can re-create those SDC Addresses and corresponding private keys from your stealth address backup.