I know that there are many duplicates of this but I'm hoping that the way in which I word this explains and helps not just me, but others as well.
In any of the coin wallet bitcoin and the alt coins, when I run a backup I see a wallet.dat file being created.
- Does this wallet contain all the necessary information like private keys etc... in order to say encrypt this file and store it on a google drive , dropbox etc.. ?
- If my hard drive takes a dive etc.. , CAN I simply take that wallet.dat file , and on another computer decrypt it and restore my information based on my coin currency?
- If I do the encryption within the wallet, is the wallet.dat called something else?
I understand the exchanges , buying, trading , selling, mining... I'm just not versed in the backup with my information... private keys etc... thanks in advance.