1 yr. ago • 78%

thinking about creating a new wallet at block 3 million

I am considering generating a new wallet at block 3 million and transfering funds over to it to keep my sync time down. My current wallet has to check ~250k blocks if a resync is needed.

7 comments

No need for that. Sending your entire balance to your own wallet effectively resets the sync height. I did it for all my wallets after the last hardfork.

12
- Ah, okay. So just take all funds and send them back to myself to have a single output and then reset my sync height right?
  
  5
  
  Exactly, you then scan from 1 block before you received the coins back :)
  
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  Permanently Deleted
  
  1
- Do hard forks create alternate chains with coins that can be sold?
  
  1
  
  Yes, but nobody uses the alternate chains and the coins become effectively worthless.
  
  3

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