With its large feature set and widespread use, we at ReWallet receive very frequent inquiries on how to recover Bitcoin Core wallets, whether it’s forgotten or lost passwords for a Bitcoin Core wallet.
In this article, we will discuss the topic of Bitcoin Core forgotten passwords and show you how to regain access to your Bitcoin Core Wallet.
What is the Bitcoin Core Wallet?
Bitcoin Core is Bitcoin’s reference software and one of the most popular wallets to send, receive and store Bitcoin. It is widely used as there were few alternatives in Bitcoin’s early years (from 2009). It is considered one of the most secure wallets for storing Bitcoin as the entire blockchain needs to be downloaded to your device in order to use it.
Recovering a Forgotten Bitcoin Core Wallet Password
The wallet consists of the software or client that you have installed on your PC or laptop, the local copy of the Bitcoin blockchain that takes up a lot of storage space and a particularly important file. You don’t need the password for the software, but you’ll need it for decrypting the file which is called wallet.dat. By default, this file is stored in a different directory than the actual client.
The wallet file is encrypted to prevent unauthorised access. If you forgot your Bitcoin Core password, you can consider the following options to regain access to your BTC:
It may sound trite but try to stay calm. It’s not uncommon that the stress you put on yourself prevents you from remembering your password.
If you can’t remember, check all your records and hiding places for sensitive data thoroughly and calmly. Even notes made for emergencies are easily forgotten but are then usually found again.
In many cases, you remember at least a fraction of your password. Try all possible combinations you can think of and vary them. Keep a written record of each failed attempt. This way you already have an exclusion list in case it doesn’t work.
The “wallet.dat” is not the only way to recover your wallet. Check if you have backed up a master key or individual private keys and can use them to restore your Bitcoin into another wallet.
If all this doesn’t help you, then your only option is to go to a professional to recover your BTC wallet. We do not only have the necessary knowledge, but also the experience and the technical means to recover passwords as well as corrupted or lost data sets.
For this purpose, we will ask you a few questions in advance through our wallet recovery services contact form, which will allow us to better assess your particular case and also give you a perspective on the chances of success. From our experience with past cases, there is usually a chance that ReWallet can reconstruct your password for you.
Once you have loaded your wallet into Bitcoin Core, you can make a copy of the wallet.dat file via the menu item “File” > “Backup Wallet”. The typical location of the wallet file differs depending on the operating system and is usually in the “AppData” or “Application Support” folder.
Yes, if your wallet.dat is password protected and you know the password, you can change the password via the Bitcoin Core client. To do this, open your wallet and click on “Settings” and then on “Change passphrase”. You will get to a screen where you have to enter your current password and can set a new one.
There are a few options that you can take to recover your Bitcoin Core wallet but it is important to note that if done incorrectly you could lose access to your wallet forever. It is best to use professional services, like Rewallet, to recover your wallet.
Yes, generally you can restore your Bitcoin Core wallet in another wallet. You can use the Bitcoin Core client or special 3rd party tools to extract the private keys from your wallet and import them into another.
Co-founder and CTO Bruno is a crypto native. Long before the public hype around Bitcoin, Ethereum & Co, Bruno was already active in the crypto field. The idea for ReWallet came to him a few years ago when he lost access to his own wallet.