Update README.md
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@ -106,6 +106,9 @@ Information about Backup and recovery procedures is available at https://github.
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Previous versions of Copay use files as backups. See the following section.
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It is possible to recover funds from a Copay Wallet without using Copay or the Wallet Service, check the [Copay Recovery Tool]( https://github.com/bitpay/copay-recovery)
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## Wallet Export format
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Copay encrypts the backup with the [Stanford JS Crypto Library](http://bitwiseshiftleft.github.io/sjcl/). To extract the private key of your wallet you can use https://bitwiseshiftleft.github.io/sjcl/demo/, copy the backup to 'ciphertext' and enter your password. The resulting JSON will have a key named: `xPrivKey`, that is the extended private key of your wallet. That information is enough to sign any transaction from your wallet, so be careful when handling it!
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