From 77695430e20c9a13cd04dbca61c2d24dcb9fc26f Mon Sep 17 00:00:00 2001 From: Thomas Zarebczan Date: Tue, 28 May 2019 15:00:20 -0400 Subject: [PATCH] Update how-to-backup-wallet.md --- content/faq/how-to-backup-wallet.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/content/faq/how-to-backup-wallet.md b/content/faq/how-to-backup-wallet.md index ebb1bdda..60c23108 100644 --- a/content/faq/how-to-backup-wallet.md +++ b/content/faq/how-to-backup-wallet.md @@ -3,7 +3,7 @@ title: How do I back up my LBRY wallet? category: wallet --- -The LBRY application relies on blockchain technology and the LBRY Credits (LBC) cryptocurrency in order to participate in the network. These LBC are stored in a wallet (data file on your PC) which is generated with each LBRY installation (think of your credits as digital cash on your PC). A wallet contains your funds, channel data, and claims (any uploads). An Account Sync service is provided by LBRY where an encrypted copy of your wallet is stored securely by us. Strong wallet passwords are highly recommedned if this service is used. +The LBRY application relies on blockchain technology and the LBRY Credits (LBC) cryptocurrency in order to participate in the network. These LBC are stored in a wallet (data file on your PC/device) which is generated with each LBRY installation...think of your credits as digital cash on your PC. A wallet contains your funds, channel data, and claims (any uploads). An Account Sync service is provided by LBRY where an encrypted copy of your wallet is stored securely by us. Strong wallet passwords are highly recommedned if this service is used. Otherwise, it is important to understand that the wallet is not stored on any LBRY servers (except when [sync](#sync) is enabled) and as such, users are responsible for its safeguarding and making sure a backup (copy of the wallet file) is available in the event that it is lost. If a wallet is lost or needs to be transferred, follow the [restore procedures below](#restore). @@ -11,11 +11,11 @@ Otherwise, it is important to understand that the wallet is not stored on any LB ## Wallet Account Sync (Android only) {#sync} -On Android, LBRY provides a wallet backup service where an encrypted version of your account, including any claims/channels/updates, is securely backed up and stored by LBRY Inc. **LBRY cannot recover this account without the password set by the user when enabling sync.** This allows users to sign back into their devices using their email and account password and keeping their account history. Choosing a secure password is highly recommended, especially when storing larger amounts of LBC. +On Android, LBRY provides a wallet backup service where an encrypted version of your account, including any claims/channels/updates, is securely backed up and stored by LBRY Inc. **LBRY cannot recover this account without the password set by the user when enabling sync. Extra caution is advised when setting/storing the password** This allows users to sign back into their devices using their email and account password, and keeping their account/wallet history. Choosing a secure password is highly recommended, especially when storing larger amounts of LBC. -Only a single account will be synced per LBRY account. Wallet merging is not currently available. Both new and existing users are able to enable and configure account sync. Password change and more storage (i.e. own location) features to be added at a later date. +Only a single account will be synced per LBRY account. Wallet merging is not currently available. Both new and existing users are able to enable and configure account sync. **If an existing wallet is synced to an account that has a sync backup, it will overwrite the current wallet.** Password change and more storage (i.e. own location) features to be added at a later date. -*Coming to Desktop in Summer 2019* +*Coming to LBRY Desktop in Summer 2019* ## How do I find my wallet in the LBRY Desktop App?