backup_local_wallet.rst

Backups and Restore your Wallet

Table of Contents

• Create Local Wallet Backup
  • Backup Types
  • How to Create a backup (.bin) file
  • About the Brain Key
  • How to Create a Brainkey backup (Advanced User Only)
• Restore / Import
  • Restore / Import Options
  • How to Restore from a backup (.bin) file
  • How to Check Active Local Wallet backup file name
  • How to Recover Account with Brain key

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> If you use a Cloud Wallet, you do not need to create a backup. You do not have the option also.

Create Local Wallet Backup

It is recommended to make regular backups of your Local wallet. Please note that in order to recover from a backup you will also need to provide the passphrase (password) because backups are encrypted. If you lose your wallet backup file or your passphrase, you will not be able to access any of your funds again.

You are the only individual that has access to your account and funds, it is your responsibility to make a secure backup of your registered Local wallet account.

Backup Types

There are three types of backups.

type
Create local wallet backup	create a Binary File (.bin)
Create brainkey backup	give you long random phrases. You need to write down.
Create favorites backup

How to Create a backup (.bin) file

1. Open a Side menu and select [Settings]
2. In [Settings], select [Backup].
3. Make sure the backup type is Create local wallet backup
4. Click [CREATE BACKUP NOW]
5. Check your backup file name (e.g. llc_somrthing_20180420.bin)
6. Click [DOWNLOAD]

Store this backup in at least two secure locations only accessible by you

About the Brain Key

The brain key is used as source for all cryptographic keys generated in the wallet. If you have it secured, you will be able to regain access to your accounts and funds (unless the access keys have been changed)

How to Create a Brainkey backup (Advanced User Only)

1. Open a Side menu and select [Settings]
2. In [Settings], select [Backup].
3. (#1) Make sure the backup type is Create brainkey backup
4. (#2) Type in a password
5. (#3) Click [SHOW BRAINKEY]
6. (#4) Write down Brainkey (i.g. very random long phrases)
7. (#5) Click [I'VE WRITTEN IT DOWN]

Write it down!! Anyone with access to your recovery key will have access to funds with in the local wallet.

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Restore / Import

We assume you have created a backup file (.bin) and use a Local wallet.

Restore / Import Options

option
Restore from a backup file (.bin)	restore from a backup file and a password
Import a private key	import Private keys to a Local wallet. The imported keys will be saved in the bin file. If this happens, you cannot rely on the brainkey for backup after that.
Restore using a local wallet brainkey	use a password and a Brain key
Restore favorites using a json file

How to Restore from a backup (.bin) file

1. Open a Side menu and select [Settings]
2. In [Settings], select [Restore/Import].
3. (#1) Make sure you selected Restore from a backup file (.bin)
4. (#2) Click [Browse...] to find a backup file.

5. (#3) Type in a password
6. (#4) Click [SUBMIT]

7. (#5) Type in New Local Wallet Name if you want to change the backup file name.
8. (#6) Click [ACCEPT]
9. (#7) Ready to Restore - below "RESTORE(..... WALLET)" is a button. Click it.
10. You will find "Successfully restored (....)wallet. Done!!
11. (#8) Click [DASHBOARD]

How to Check Active Local Wallet backup file name

• [Settings] - [Local Wallet] - Active Local Wallet

How to Recover Account with Brain key

1. Open a Side menu and select [Settings]
2. In [Settings], select [Restore/Import].
3. (#1) Make sure you selected Restore using a local wallet brainkey
4. (#2) Type in a password
5. (#3) Type in a password (Confirm)

6. (#4) Type in new Local Wallet Name if needed. (e.g. "default-test-brainkey-restore")

7. (#5) Type in BRAINKEY
8. (#6) Click [CREATE NEW LOCAL WALLET]

9. (#7) Click [DONE]
10. (#8) Let's check ACTIVE LOCAL WALLET name (Go to [Settings] - [Local Wallet])