Backup Strategies
NozyWallet is self-custodial. If you lose your mnemonic and have no backup, funds are unrecoverable.
Strategy 1 — Mnemonic only (minimum)
- Write the 24-word phrase at creation.
- Store in two physically separate safe locations (e.g. home safe + bank box).
- Never type it into websites, chat, or cloud notes.
Pros: Works everywhere (CLI, desktop, future mobile).
Cons: Single point of failure if one copy is lost or stolen.
Strategy 2 — Mnemonic + encrypted file backup
- Keep mnemonic as primary.
- Periodically export encrypted backup from desktop (or CLI backup commands when available).
- Store backup file on encrypted USB or offline media — not the same bag as the paper mnemonic.
Pros: Faster restore on same machine; includes local note index state.
Cons: File still needs your wallet password; less portable than mnemonic alone.
Strategy 3 — Test restore
Before holding meaningful funds:
- Create a test wallet or profile.
- Record mnemonic.
- Delete profile or use a second machine.
- Restore and sync.
- Confirm addresses match.
Do this once per major version upgrade if you change backup tooling.
Operational rules
| Do | Don't |
|---|---|
| Verify words in order | Share seed with “support” or DMs |
| Use strong wallet password | Reuse exchange passwords |
| Label which profile is which (multi-wallet) | Store seed in password managers synced to cloud |
| Re-backup after password change | Assume wallet.dat copy alone replaces mnemonic |
Multi-wallet profiles
Desktop supports multiple profiles under one install. Each profile has its own mnemonic and data folder. Back up each profile you use — switching profile does not merge backups.