The problem is most hodlers do not open their wallet for weeks, months or even years. You have to wait for the wallet to synchronize with the blockchain. You can’t load up the wallet and use it right away. One of the biggest reasons why users prefer Electrum over core wallet is that QT client is slow. This wallet offers you full control over your Bitcoin and it provides the highest level of security. It is a full node client that validates and relays transactions on the Bitcoin network. Why electrum over core wallet?īitcoin core is the official and the original Bitcoin wallet.
#Electrum wallet dogecoin how to#
Now before we see how to load wallet.dat file and import everything into electrum let’s understand why someone would consider moving their Bitcoin from core wallet to electrum. It basically explains how to move / transfer coins from Bitcoin core QT wallet to electrum. How to backup core wallet and restore wallet.dat file? However if you are looking to import wallet.dat file into electrum or any other wallet then the following post is for you. If you are looking to restore your core wallet’s wallet.dat file then here is a guide.
And its for those who do not want to wait for the wallet initial synchronization which typically takes hours / days depending on the hardware spec.
Its for former users who wish to securely transfer their Bitcoins from their backup wallet.dat file to an alternate wallet.
This guide is mainly intended for Bitcoin core QT wallet users.
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