Post
Topic
Board Development & Technical Discussion
Re: Risk in losing Bitcoin client / balances
by
Exqulior
on 03/06/2011, 15:54:52 UTC
Yeah I get the whole private key and encryption principle. Basic cryptology. I never said anything about syncing those over the network.

So the client generates new private keys every once in a while, and that's the reason the backup can't be too old. Thanks for that info, perfectly clear to me now!

Thanks again!