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RE: How To Stake NEO Antshares and Claim GAS

in #crypto-news • 7 years ago (edited)

I bought some NEO and downloaded the NEON wallet but the first thing I noticed was there is no way to backup the wallet? This made me uneasy about moving my funds. Where does it store the wallet.dat?

7 years ago in #crypto-news by
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     7 years ago 

    I dont believe NEON stores your private keys. Each time I've logged off I need to reenter them from scratch.

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     7 years ago (edited)

    So don't you need like a key and a passphrase? Or a file and a key?

    Or is this WIF private key-thing a one-in-all solution? Seems like it is more risky than other methods? the private key is all that is needed?