Difference between revisions of "Tutorials: How to import or sweep a private key from a paper wallet"
Lasvegas83 (talk | contribs) (Created page with "{| style="color: white; text-align: center; font-size:100%; width: 100%; background:#E73D0D;" | colspan="2" | '''Remember! If you import from the paper wallet to a software w...") |
Lasvegas83 (talk | contribs) (typo correction) |
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'''If someone gets hold of your paper wallet you can still loose your funds on the software walllet.''' | '''If someone gets hold of your paper wallet you can still loose your funds on the software walllet.''' | ||
− | The safest method is to SWEEP your private key, basically | + | The safest method is to '''SWEEP''' your private key, basically its sending a transaction to yourself. |
After the sweep is complete, the paper wallet is completely depleted of funds and all of the private key’s cloaks now belong to a new private key in the software wallet. | After the sweep is complete, the paper wallet is completely depleted of funds and all of the private key’s cloaks now belong to a new private key in the software wallet. | ||
You do this by: | You do this by: | ||
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<li> Type:<code> importprivkey YourPaperWalletPrivateKey "OPTIONAL LABEL"</code></li> | <li> Type:<code> importprivkey YourPaperWalletPrivateKey "OPTIONAL LABEL"</code></li> | ||
<li> Wait a few seconds or minutes until the command pront returns, then its done.</li> | <li> Wait a few seconds or minutes until the command pront returns, then its done.</li> | ||
− | <li> Its advisable to send the full amout of the walllet</li> | + | <li> Its advisable to send the full amout of the paper walllet</li> |
Revision as of 23:02, 20 June 2018
Remember! If you import from the paper wallet to a software wallet the balance will be available on both. |
If someone gets hold of your paper wallet you can still loose your funds on the software walllet.
The safest method is to SWEEP your private key, basically its sending a transaction to yourself. After the sweep is complete, the paper wallet is completely depleted of funds and all of the private key’s cloaks now belong to a new private key in the software wallet. You do this by:
importprivkey YourPaperWalletPrivateKey "OPTIONAL LABEL"