Yesterday I wanted to see how some of my Bitcoins were doing. I use Multibit HD 0.4.1. Suddenly MultibitHD showed the whole wallet being unconfirmed. That means that I couldn’t send any Bitcoins or that Multibit HD has lost its bookkeeping. I find this unacceptable. Who can work with a wallet that can’t do the bookkeeping correctly? So first start to fix the issue and then look for a better wallet.
I tried to repair the wallet several times but only a part would become confirmed. So, I still couldn’t get at my money. Even restoring from the seed didn’t help.
When you look at the issue tracker on Github, you see that a lot more people have issues. Especially the closed issue tracker, leaves people in the dust without their money. These issues have been popping up since October 2016 and I haven’t seen a warning since. A wallet project should do a good disclosure on any bugs it finds and issue a recommendation to stop using the wallet until the issue is found and dealt with.
I was able to extract my bitcoins by downgrading to Multibit 0.1.1 and do a repair of my wallet.
I became skeptical after the Multibit people sold the software to KeepKey. Also I needed to repair my wallet last year, which also scared the bejeezus out of me. Any project that produces a wallet that has a big button called “repair” shoudl do a better job. Those worries are now confirmed. Now getting the heck out of here towards a more sane client like electrum.
Photo: used and modified under Creative Commons license thanks to BTCKeychainFollow jhaand