Post
Topic
Board Beginners & Help
Topic OP
to control bitcoin, do you need just a passphrase, a wallet.dat, or both?
by
James Bond
on 26/02/2014, 19:36:42 UTC
I've heard of people losing bitcoin because they threw out a hard drive. And I've heard that you can control bitcoin with just a brain wallet (a memorized passphrase). Do you need just a passphrase, or do you also need a wallet.dat file (if you're not using an online wallet)? If someone could provide a simple explanation or point me to one I'd appreciate it.