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Welcome to the Developer Q&A for the MultiChain blockchain platform.

Please feel free to ask questions about the platform to receive answers from the MultiChain developers or other members of the community.

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Lost a private Key

+3 votes

What happens if I lose my private key and what should I do in this case? (risk analysis)

risk-analysis

asked Nov 26, 2019 by JoToTheHannes

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1 Answer

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If the private key for an address is lost, no more transactions can be made on behalf of that address. So you need to think about a backup strategy for private keys carefully – this page may help you:

https://www.multichain.com/developers/backing-up-restoring-nodes/

answered Nov 28, 2019 by MultiChain

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