Post
Topic
Board Bitcoin Technical Support
Re: How Convert wallet to HD wallet - bitcoin core 26
by
michaelmms
on 10/12/2023, 14:52:15 UTC
Thank you for your answer nc50lc!


I have a few more perhaps stupid beginner's questions:

I only have one wallet.dat file, so not several wallets. I use this as long-term storage for my coins.
I have passphrase encrypted my wallet and always make backups of the wallet.dat if I generate a new address.

If I now convert my wallet into an HD wallet or a Descriptor wallet and something goes wrong, can I still use my old wallet.dat file again if I copy it to the wallet.dat location via linux termial?

Should I update my wallet.dat at all? I hardly ever generate new addresses. Or do I have a disadvantage if I leave everything as it is?
What would you recommend?

Thx a lot

Michael