Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Silk Network: Silk(SLK), DarkSilk(DSLK) and Weaver
by
MCDev
on 04/10/2016, 01:48:49 UTC
Hey all - I know everyone always takes precautions when updating their client software but .... ALWAYS, ALWAYS, ALWAYS backup your wallet directory when switching (upgrading) client software to a new version.

Also, once you have created addresses in your wallet or added new addresses to the wallet, take the time to get the private keys for the addresses, or use the dumpwallet function to export all your address information including the privatekeys to a file.

In the QT wallet, tools, console;
dumpwallet "filename"
or
dumpprivkey "silkaddress"

If using the daemon;
silk-cli dumpwallet "filename"
or
silk-cli dumpprivkey "silkaddress"

I did a ton of buying the last 2 days on Bittrex and created a new address in my wallet for withdraw the SLK to this morning.  When I got home, I realized that the wallet was v1.0.0.0 and decided to update to 1.0.1.0.  I am so glad I always (what until tonight I thought was wasting time), had copied my wallet directory to a backup location and also always dump the private keys for any new addresses I create.

When I started the 1.0.1.0 wallet, the address I created this morning with a TON of SLK wasn't there.  I was able to recover by simply using the importprivkey command to import the missing address and recover my SLK.

It more than likely was an issue I induced when doing the upgrade but it made me remember all the stories in the past of people posting they had lost their coins when upgrading or even system crashes, but it made me want to remind everyone to take the extra time to make sure you have your private keys.

We all know where SLK and DSLK are going to go..... TAKE THE TIME AND PROTECT YOUR ASSETS