Turix, everything you said is correct. Even the pre-generated 100 addresses.
I'm going to break this down for beginners.
so when it comes out
back up wallet.dat
then rewrite whole thing by downloading new link you supply?
then put wallet back, or may even stay in place but back up to be safe?
Safest way to upgrade:
- Shutdown the Litecoin client and wait for it to close completely.
- Make a copy of your wallet.dat file and save it some place safe. It can be a flash drive, pen drive, thumb stick, or even just a different place on your hard drive.
Copy the file. Leave the original in the same place.
- Install new version of the Litecoin client.
- After the install is complete, load the Litecoin client.
- The new version reads you existing wallet.dat and blockchain data (so you don't have to download it all again).
if you say have 5 coins, you save wallet onto memory stick
then you get another 5 coins in wallet, do you just overwrite old file on stick or just save in another folder
any routine people have?
Once you have an address in your Litecoin client, you can give that out to people so they can send you Litecoins.
When you shutdown the Litecoin client, people can still send you coins to your address. All coins are stored in the blockchain.
After you start the Litecoin client again, it reads your wallet.dat file with all of your addresses. It also starts to download... "sync" the part of the blockchain that was missed while the client was offline. While reading in the blockchain, it scans it for any transactions made to your addresses. Once it finds them, they will show up.
For fun, try it!
Give a friend your Litecoin address. Then close your client.
Have them send you a small payment.
Wait an hour and have your friend send another small payment (slightly different amount so you can tell the difference).
Wait additional 10 to 20 minutes, then start the Litecoin client back up.
Watch for your payments to show up as the client is "syncing."
Make sure to send those coins back to your friend.