14
votes
Accepted
In the IOTA wallet, what does the Promote button do?
In fact, the button was not replaced, but added. So for some transactions you can still see the reattach button, and for others the new promote button.
The behaviour of these two actions is different:...
mihi♦
- 7,309
9
votes
Accepted
How can I set up a cold storage?
It depends on what you define as cold storage.
IOTA is stored on addresses in the Tangle. The Tangle is similar to Blockchain in that it's decentralized among all the users. Your Seed is merely a ...
9
votes
How do I generate a wallet from a seed?
Dice may not be best. IOTA Seeds are made up of A-Z and the number 9, and are 81 characters long. So you need a 27 sided dice, or need to do a LOT of dice rolls.
Once you come up with a seed, ...
8
votes
Accepted
How can I recover my IOTA balance?
1) Get the latest wallet: https://github.com/iotaledger/wallet/releases
2) Try using different Nodes - Tools -> Edit Node Configuration Min Weight Magnitude should always be 14 or above. Curl ...
8
votes
Accepted
What is the difference between "double-spending" and "address-reuse"?
Every double-spending is an address reuse but not every address-reuse is a double-spending.
Let's say you have an address with a balance of 100i
Double Spend
You send 100i from the address to ...
8
votes
Accepted
Do I Have to Change My Seed after Multiple Transactions?
It's safe to keep your seed. Even if you double-spend or reuse your address, your seed doesn't get exposed, only the private key of one address of your seed is partially revealed. You can generate an ...
7
votes
What is the difference between a light node and a full node GUI wallet?
I'll quote learn.iota.org here, because they have a good explanation.
The IOTA GUI makes it possible to choose between Full Wallet, and
Light Wallet. The Full Wallet automatically runs an IRI (...
7
votes
Accepted
Does every pending transaction pose a threat for my remaining funds in the wallet?
While one single transaction is pending, there is no threat to your balance (apart from the obvious, that if the transaction confirms later, your balance will decrease by the transaction amount).
...
mihi♦
- 7,309
7
votes
Accepted
What happens to my money if my phone is damaged?
Your IOTA are not stored on your phone, they are stored on the decentralized tangle. Your seed is your password to access your IOTA, anytime, anywhere. As long as you have your seed saved in a place ...
7
votes
Accepted
What is the Min Weight Magnitude and what implications arise from changing it?
IOTA's proof-of-work is formed by successively hashing the data in a transaction, including a nonce, and increasing the nonce until producing a hash which ends with a particular number of zeroes. This ...
7
votes
How long should it takes before I can consider an outgoing transaction that is still in pending as failed?
There is no green light. If you sign a transaction a second time, even if it is pending, you reveal your private key and the address is insecure. All remaining funds on that address might get stolen.
...
7
votes
Accepted
What does the ATTACH TO TANGLE button do?
This button will create a transaction that will send 0 iota to the newly created address.
That way, the address appears on tangle explorers (and senders might use this as an indication that the ...
mihi♦
- 7,309
5
votes
Accepted
Lost or wrong jotted seed - is it possible to withdraw IOTA?
No, if you have no access to the seed, it is impossible to obtain the funds. That is why doing what you did (sending test amounts) is a good habit.
5
votes
Accepted
What is the difference between a light node and a full node GUI wallet?
Full node
A full node stores the whole Tangle, it needs neighbours to broadcast transactions to and you need a static IP address or any other static address so that your neighbours can broadcast ...
5
votes
What does the ATTACH TO TANGLE button do?
What's happening?
You attach a 0-value-transaction with a newly generated address to the Tangle. (do the POW, tip selection, ...)
Why?
It could be used as a precaution e.g. a wallet only allows you ...
5
votes
Accepted
Why is logging into the seed so slow?
It has been observed that the more addresses in your wallet, the longer it takes for your computer to retrieve all associated addresses from the Tangle.
The new wallet should remedy this -- it will ...
5
votes
Accepted
How to send multiple transactions simultaneously from the wallet?
AFAIK, the current wallet don't support this kind of complex scenario (i.e. sending to multiple addresses simultaneously). You have to craft a proper Bundle to send funds to multiple addresses.
Case ...
5
votes
Is this an official source of the IOTA wallet?
Your link is an official one and not scam.
Generally, all projects under https://github.com/iotaledger/* are maintained by the IOTA foundation (i.e. you can safely download from there).
4
votes
How long should it takes before I can consider an outgoing transaction that is still in pending as failed?
A transaction will likely remain pending if it doesn't confirm within ~ 1 hour. That is just a rough estimation and may change in the future. Anyone can reattach it, so it will have another chance to ...
4
votes
Accepted
Could an IOTA wallet operate without seeds?
RNG would work but we don't use it
because we would have to store all of the private keys. It's just more convenient to have only one seed from which you generate all the private keys. Furthermore, ...
4
votes
Could an IOTA wallet operate without seeds?
It can work the way you explained (without seeds). The alternative you mentioned is how it's done now, but the phrase is called "seed".
4
votes
How do I generate a wallet from a seed?
Download the Iota Wallet for Desktop from -> https://github.com/iotaledger/wallet/releases
Get the "IOTA.Wallet.Setup.2.5.4.exe" (or newer)
After you install it this is what you see. In the "SEED" ...
4
votes
Accepted
How to proceed end to end with iota on Bitfinex (e.g., store them in Keepass)?
Your goal is to instruct Bitfinex to broadcast a transaction to the tangle. One that sends the IOTA balance Bitfinex is storing for you (under their seed) over to an address generated under your seed.
...
4
votes
Accepted
CASE STUDY - What can I do if I have a pending transaction that can't be confirmed because the balance now is less than the transaction?
Reattachments won't help and the transfer can't be deleted. Sending 1i to A will help because after that the pending transfer won't be a doublespending.
4
votes
Accepted
Address Privacy
1) Can I say that is more difficult to infer the source of a wallet owner since address will not be reused after an withdrawal?
Although no one cannot infer the "seed" from addresses, it is still ...
4
votes
Accepted
Are all your iotas moved to the new address when pressing "generate new address" in the light wallet?
When you press the button "Generate new address", this is what happens:
generate new private key from the seed
generate address from the new private key
send a 0-value transaction to the address
...
4
votes
How do you find addresses with balance with the seed?
You don't need to generate million of addresses at least if your seed was use properly.
Normally, a wallet should use addresses one after the other by just incrementing by one the index of the ...
4
votes
My IOTA balance is not correct
The missing balance should be due to your unconfirmed addresses not getting synchronized by the nodes, thus disappearing from the Tangle. Attach those addresses to the Tangle again, and your missing ...
4
votes
Where can someone view the source code for the new Trinity wallet?
Trinity wallet’s source code can be accessed here: https://github.com/iotaledger/trinity-wallet
4
votes
The generate_address() returns a unique address?
I think the generate_address() function will generate a new address everytime is called. You could also evaluate creating a unique account for each user depending on your use case.
Only top scored, non community-wiki answers of a minimum length are eligible
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