A Question About Paper Wallets | Bitcointalksearch.org

DannyHamilton

legendary

Activity: 3514

Merit: 4895

Quote from: Galahad on April 29, 2013, 10:08:59 AM

What was the answer to your question? I was just searching the forum and found you had the same queries as me.
- snip -

Yes, you can send to a paper wallet address as many times as you want. All the transactions are saved to the network, and once a client is created and the private key is imported, all the coins will be accessible that were sent to that address.

The "keypool" and "outdated backup" questions are referring to the behavior of a particular wallet (Bitcoin-Qt).

Galahad

full member

Activity: 190

Merit: 100

What was the answer to your question? I was just searching the forum and found you had the same queries as me. It's always helpful to provide an answer to your own question for others.

Thanks.

hellscabane

legendary

Activity: 896

Merit: 1000

I just wanted a better understanding of how Paper Wallets work.

I understand the process of it, but if you have the address of a Paper Wallet (not the private key), how many times can you send to it? Or is there no limit since all of the transactions are saved to the network and once a client is created and the private key is imported, all of the coins will be brought along from that address?

I'm just slightly confused because there is also this thing about backing up Bitcoins and a keypool and the possibility of losing coins if you use an outdated backup.

If anyone could answer my question; it'd be greatly appreciated.

Found the answer to my own question.

Topic: A Question About Paper Wallets (Read 670 times)