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n00b question here but when do I need my Wallet password? From what I understand you can just copy your Mist-files from one computer to another and without re-entering the password access your wallet.

Do you need the password to sign transactions or something?

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  • If you forget your ethereum wallet password how to retrieve it?
    – NitinSS
    Jan 12, 2018 at 11:46

1 Answer 1

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in short :

You need your password, because your private key is encrypted with. if you want to send a transaction or to unlock your account you will be asked to provide it, so remember it.

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  • Ok. So do I need the password each time that I send eth?
    – granaker
    Jun 3, 2017 at 16:12
  • ..and what does unlock mean in this context?
    – granaker
    Jun 3, 2017 at 16:13

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