After performing a Rescan, user data will be updated to reflect the current state of the blockchain, making your transactions and balances more accurate. However, security practices must remain a priority. Make sure to secure your private keys and use features such as two-factor authentication to ensure the safety of your assets.
5. What happens if I don’t perform a Rescan? Can I lose my Bitcoin?
Failure to perform a Rescan when needed may result in misrepresented balances or missing transactions. While it doesn't directly lead to losing Bitcoin, it could cause you to believe you have less Bitcoin than you actually do or lead you to mistakenly perform other transactions based on incorrect information. It is always recommended to maintain synchronization to ensure accurate records of transactions.