Backup and Restore a Wallet

In the realm of cryptocurrencies, securing and backing up your digital wallet is crucial. The Vaultody Open Source Recovery Tool is a powerful resource that simplifies the process of backing up and recovering your wallet. This guide will walk you through the features and steps involved in using this tool, empowering you to protect your digital assets with confidence.

Understanding the Vaultody Open Source Recovery Tool

The Vaultody Open Source Recovery Tool is a versatile software designed to provide backup solutions and ownership proof for users and their Wallets. With its secure RSA key pair generation and the ability to create random complex passwords, this tool offers enhanced security measures. The Open Source Recovery Tool is available for Windows, Linux, and MacOS, and can be downloaded from the official Vaultody website.

Getting Started with the Open Source Recovery Tool

1. Download and Installation:

Download the Vaultody Open Source Recovery Tool from here. Once downloaded, follow the installation instructions specific to your operating system.

2. Tool Overview:

Upon launching the Open Source Recovery Tool, you will find a user-friendly interface with four primary options:

1. Home - This section provides comprehensive information on using the Open Source Recovery Tool to complete a backup.
2. Generate a Random Password - Use this functionality to create random and complex passwords for added security.
3. Generate RSA Key - Utilize this option to generate an RSA key pair consisting of a public key and an encrypted private key, ensuring the secure backup and recovery of your wallet.
4. Recover Wallet - This option assists in generating an xPriv key for wallet recovery, provided the data matches the system information generated during backup.

Backing Up Your Wallet:

To back up your wallet using the Vaultody Open Source Recovery Tool, follow these steps:

• Download and install the Vaultody Open Source Recovery Tool on your computer.
• Go to the Vaultody dashboard, Wallet, select Settings, and request backup for your wallet.
• The owner of the account should approve the wallet backup process.
• Launch the tool and navigate to the home screen for detailed instructions on completing a backup.
• Generate a random and strong password by selecting the "Generate Random Password" option.
• Proceed to generate an RSA key pair by choosing the "Generate RSA Key" option. Enter the password and follow the prompts.
• Safely store the initial password and the encrypted private key generated by the tool, as they will be required for wallet recovery.
• Complete the backup process within the Vaultody platform, following the provided instructions.

Recovering Your Wallet:

To restore your wallet using the Vaultody Open Source Recovery Tool, follow these steps:

1. Ensure that the Vaultody Open Source Recovery Tool is installed on your computer.
2. Launch the tool and select the "Recover Wallet" option.
3. Provide the necessary data, including the recovery file, the RSA private key, and the password used during the initial backup.
4. If the information matches the system records, the tool will display the master private key (xPriv), which can be used to restore your wallet.