Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine

I use Windows QT Wallet for collect coin and also encrypted it with passphase.
If my computer down, how can i restore my wallet to new computer ?
Tell me please.
Thanks

Make a backup of the wallet file. Also dont forget your password, it happens more often than you think. Then on a new pc get the wallet and place the wallet file in the signatum folder in /appdata/roaming.

rookie question..we dont have to backup the wallet after every deposit right? just after the first setup we backup the wallet file. then if we need to we can restore it and the coins will be there?

Something i'd also like to know

as long as you can restore the wallet - yes ...

either that - or rebuild your wallet using your private key - to rebuild the old wallet from the blockchain ...

but as mentioned earlier - IF you forget your password - or your wallet becomes corrupt - or you lose you private key ( if you dumped it in the first place ) - then ALL your coins will be lost to the network ... thats how coins are 'burned' ... placed in a wallet with no record of a private key - and the wallet destroyed ...

#crysx