Author

Topic: Accepting a coin (Read 474 times)

newbie
Activity: 56
Merit: 0
January 05, 2014, 05:00:27 AM
#5
To make you more anonymous
member
Activity: 97
Merit: 10
January 05, 2014, 02:54:22 AM
#4
Why would you want to use a different address each transaction?
hero member
Activity: 994
Merit: 1000
January 05, 2014, 02:51:51 AM
#3
How it works is that you have a wallet.dat file which stores secret keys for every public number (what you send to others) that the client produces. When you click on "get receive address" or similar, it plucks a public address from the wallet and gives it to you to give to someone else. When they make a payment to that address everyone can see it, but, only you have the key in your wallet.dat file to say "hey, that's mine!", and the right to spend it.

The clients check all public addresses in the block chain as to whether they own them and can claim them or not.
newbie
Activity: 28
Merit: 0
January 05, 2014, 02:46:23 AM
#2
Yes. Use new address each time for a transaction.
newbie
Activity: 56
Merit: 0
January 05, 2014, 02:42:25 AM
#1
I know that wallets have numbers assigned to them but I also know that in wallets like multibit you can generate more numbers to receive coins.

Are these numbers just alternative ways of getting the coin into the wallet to make it harder to track?
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