Unlock my LTC wallet - Noob!


#1

Hi, I created a LTC wallet on my laptop 6 months ago and transferred 1 LTC to the wallet and forgot I had done this. I’ve recently rediscovered my wallet but can’t work out how to unlock it. My records show that I did save the Passphrase but I can’t work out how to use it. Many thanks.


#2

open your wallet…click send…enter the address your sending to and the amount you want to send…click send…it will ask for your passphrase…type it in then it will send…that is the only time you need a password unless you are using the console for recovery or other technical stuff


#3

Thank you very much! So can you confirm that the wallet stays locked unless you’re receiving or sending?


#4

it doesn’t need to be locked to receive anything…anyone and everyone can see every transaction ever made on a block chain…just go to blockcypher.com or any other block explorer and type in the address, transaction id or ip address

with core wallets…your private keys are encrypted with AES128 and your passphrase as the key to that algorithm…so yes you can confirm that your private keys are locked in that wallet by your passphrase…now the security of that passphrase is a whole other story…so make sure you use a good passphrase…(longer than 10 characters) mix up capital letters and lower case…add numbers and symbols etc…BUT DO NOT FORGET YOUR PASSWORD…passwords are very hard to crack if they are secure but it is still possible to crack them

I am currently getting paid to crack passwords for 2 people who forgot their passwords…only reason I should be able to get around the password is because i have a copy of the backup…
however with out knowing the password I cannot crack AES128 so I use special software that guesses thousands or millions of passwords per second until I find the password…it may take a month but eventually it will find it…

if there are 5 characters and 26 possibilities for each character then there are 5 to the 26th power number of possibilities that the password can be…and guarantee its one of them…

so save your backups on a flash drive separate from your pc…because if anyone gets your private key they can steal your coins…private keys are the only way to recover coins with out passwords…but you cannot “retrieve” a private key form a core wallet without the password…at least using the software itself you cant…

just make sure you encrypt your wallet and DO NOT FORGET THE PASSWORD and MAKE A BACKUP…MULTIPLE BACKUPS AND DO NOT LOOSE THOSE EITHER…

Secure passwords and backups are the only way to truly secure coins…STAY AWAY FORM BRAIN WALLETS unless you make a damn good one…even then its still not a good idea…

so yes your wallet is always locked as long ass your computer does not get hacked…which is why I say to store offline digitally as a backup and to use a very secure passphrase for encrypting your wallet