\[Solved\] A wallet encryption thread
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So I encrypted my wallet!
No I didn’t loose the pass phrase - it’s safe on my Tresorit.
I just wondered, can I still receive payments while the wallet is locked? I know I can send them by entering the pass phrase but can’t find information on receiving.
Also, can I still sync with the network when encrypted?
Thanks as always!
:-)
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Payments are stored in safe deposit boxes (Blocks) on the public Blockchain. You can see them in a block explorer if you know the key, in a web browser.
[url=http://explorer.feathercoin.com/block/7d3c54461b02654ab863b2a8c6b9c34c33351c5bff5bc98435f51bd8631aeb5e]http://explorer.feathercoin.com/block/7d3c54461b02654ab863b2a8c6b9c34c33351c5bff5bc98435f51bd8631aeb5e[/url]
You just need the password to open the keys in your wallet which open the box to send the coins.
When you start up the Wallet it joins the network and downloads any new coin block through a peer 2 peer network. Like a torrent downloader.
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Brilliant thank you!
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Looking at the explorer, you can see all the public details are open. Just nobody knows who has the key.
Information
Hash: 7d3c54461b02654ab863b2a8c6b9c34c33351c5bff5bc98435f51bd8631aeb5e
Previous Block: 32a3bebdf2762ff5d773eecf9e8f3f98c3a4f0b55ee5284a9d338faa2e89a9c3[Note] The block chain is linked together by a key or password created by combined key for the 2 blocks.
Next Block: 13ae8eb215448c7bd8831987e89b2449d2a2cf3d771fc4a5125aabffddef0b29
[note] click on next to go through the blocks in time.
Transaction Merkle Root: 6a5e6ff94faf09bf55d2e62ce8ce9750337ff9b8dbf44ca72c2e82a295f808a1
Time: 1386163644 (2013-12-04 13:27:24)[note] To compensate for more or less miners on the network, the difficulty of the next calculation is changed. More miners = higher difficulty
Difficulty: 167.000000601 (Bits: 1c018706)
Nonce: 2079914497[note] Nonce, seed for hashing, number of transactions or coin exchanges, value of coins transferred.
Transactions: 4
Value out: 313.30998344[note] Coin age, average age coins are kept, a measure of use.
The age of a coin, defined as the currency amount multiplied by the holding period.Average Coin Age: 80.0713 days
Coin-days Destroyed: 4.00603853
[note] The graph of overall Feathercoin days destroyed is believed to show that the genuine level of activity in the Feathercoin economy is continually increasing, as Bitcoin protocol
[url=https://en.bitcoin.it/wiki/File%3aJune-17th-days-destroyed.png]https://en.bitcoin.it/wiki/File%3AJune-17th-days-destroyed.png[/url]
Cumulative Coin-days Destroyed: 35.0346%
[note] In transactions, addresses with coins are sent greater the amount required to make the payment , at delivery a new address is created, and a change address is sent back.
Transactions
Ref:
[url=http://www.coindesk.com/information/bitcoin-glossary/#c]http://www.coindesk.com/information/bitcoin-glossary/#c[/url]
