Hacker News new | past | comments | ask | show | jobs | submit login

Yes, it is wrong as many commenters on the site also point out. He could have multiple backups of his wallet file and spending the bitcoins out of one of his backups would invalidate the coins in the wallet the FBI has.



He doesnt even need a copy of the wallet file.

If he stored the bitcoins in a single address, and he has the private key stashed somewhere, then even if the wallet file is deleted, it can be retrieved. This is how bitcoin works, if you have the ECDSA private key of a bitcoin address, you can spend those bitcoins without having the need for a wallet :)


Since the wallet file is a set of private keys... they're basically the same thing. You're recreating the wallet if you're restoring the private keys from a stored copy.


My knowledge of bitcoin, while probably better than your average guy on the street, is certainly not infallible. Thank you for correcting my mistake.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: