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Board Beginners & Help
Re: bitcoin-Qt St13runtime_error during exit (can't open database file wallet.dat)
by
cousinHub
on 08/03/2014, 06:46:46 UTC

If you have any bitcoin in your wallet, do NOT delete your wallet.dat, or you will lose your bitcoin. If you have no bitcoin yet, feel free to delete the wallet.dat file.


I have not done anything yet. Before I try the suggestions, I would like to understand a few things.

First, I have my bitcoins in my Armory Wallet. I have done the paper backup with the root key printed on it and stored it in a safe place.
If I ever lose my computer (hard disk failure) or my house burns  Shocked or whatever, with this piece of paper I can get back my wallet and the coins stored in it, right ?
Basically, with this key in my possession, if I need to create a 'new' wallet some day (on another PC), I will get the coins back from the blockchain directly... if I understand correctly, right ?  Huh

This is what is called 'cold storage', isn't it ?