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  1. Tutorials & Guides
  2. R5 Desktop Wallet

Backup Your Wallet

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Last updated 23 days ago

One of the application's unique features is the ability it gives users to backup their wallets on a "key wallet file". These files contain all the information required for you to restore your wallet in case you lose access to your original device, or even to setup a shared wallet between different devices on a streamlined manner.

How does it work?

The mechanism is simple: the software encrypts your private key using your password and saves it into a file that can be used to restore your wallet in the future.

How safe is it?

It is as safe as your password. The application uses AES to encrypt your private key, and it can only be retrieved using your password. Weak passwords may make it easier for malicious actors to brute-force it and retrieve your private key, therefore, it is paramount that you use a strong and secure password when creating your wallet.

Opsec matters! Your operational security is also key for protecting your wallet. You don't want multiple people accessing your wallet file, or to be sending it over insecure channels (such as emails, for example).

How to do it?

You can use the "export wallet file" on the application's main header to prompt a dialog box to save your wallet file. Make sure you save it somewhere secure.