How to Secure Your Wallet Seed, Private Keys & wallet.dat File

Your wallet seed phrase, private keys and wallet.dat file are what secures your funds. Without them, your funds will be locked beyond reach, so always make sure to securely store a backup.

Lite mode (SPV)

If you started Agama and created a wallet in Lite mode:

Native Mode

If you started Agama in Native mode:

The wallet.dat holds all your native address private keys - you should regularly backup your wallet.dat after creating a new address or a change address (These can be created when sending funds in native mode).

Where should I keep my wallet seed and private keys?

Text File: Copy the wallet seed and private keys into a text editor like notepad that uses plaintext, rather than word processors like WORD or OpenOffice. Word processors sometimes add special hidden characters (like tab or space) at the start or end of the private key, which may result in wrong address and loss of access to the funds they contain.

Hard copy: Either with pen and paper or by printing out the text file you have stored it in, record your seed and private keys, and put it somewhere safe and secure. Make sure that you write it down correctly - double check the spelling and upper/lower case letters.

After exporting your wallet seed and private keys, it is highly recommended to write or print it to paper, and/or save it to an offline USB stick, then store it securely. Your wallet.dat file should also be securely stored in an offline USB stick or in an encrypted folder.

WARNING: Before you send funds to your address, RE-VERIFY that your wallet seed and private key generates the same address. This will prevent you from sending funds to a wrong address by mistake. Additionally, It is not advised to keep insecure digital copies. A hardcopy backup is more secure than a text file as it requires physical access to be stolen. If you use a text file, it is highly recommended to store it offline on a USB stick, and encrypt the file to ensure appropriate security.

Alternative Storage Methods

Paper wallets: Paper wallets are offline (cold storage), usually in the form of a pair of QR codes representing your public address and it's private key. Software can be downloaded and run offline to generate your paper wallet, which can then be printed out and stored securely. 

Funds can be sent to the paper wallet by scanning the QR code of it's public address, without it ever being exposed to the internet. When you are ready to withdraw funds, you can scan the private key to sign transactions or import the address into a software or hardware wallet.

Hardware wallets: Hardware wallets are physical devices where you can store your cryptocurrency. They come in a few forms but the most common is the USB stick style such as the Nano Ledger series . Features of hardware wallets may include:

  • Storage of private keys in a protected area of a micro-controller, protecting them from being transferred out of the device in plaintext.
  • Immunity against viruses and keyloggers designed to steal from software wallets or capture passwords being entered.
  • Two Factor Authentication (2FA), adding an additional layer of protection against unauthorized access.

WARNINGIf someone gets access to wallet.dat, wallet seed or private keys your funds can be at risk. Physical encrypted offline storage is recommended. 

If you face any issues, please create a support ticket. Join us on Komodo Discord to talk to our community.

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