Bitcoin Core address - page 2. | Bitcointalksearch.org

qopel

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Quote from: Abdussamad on August 07, 2014, 11:55:08 AM

edit: And, for future reference, don't post in this section of the forums. This is for technical people. Yo should have posted in beginners and help and you would have gotten answers more appropriate for a newbie.

My original question was technical. The answers I got sounded like they were from newbies.

Abdussamad

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Quote from: qopel on August 06, 2014, 08:45:58 PM

This stuff is getting waaaay too complicated and insecure for the average user.
I now doubt seriously that bitcoin can become main stream with all the problems with it.

Oh well

Let me spell it out for you:

- Pick an address in your wallet

- Send said address to all the people you want to receive money from

- Profit

Don't worry about the privacy aspect of it. If you have to receive money from multiple people you reuse a single address. This is how everyone does it. The anal retentive among us can do multiple addresses but you don't have to be like that.

edit: And, for future reference, don't post in this section of the forums. This is for technical people. Yo should have posted in beginners and help and you would have gotten answers more appropriate for a newbie.

Quokka

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Quote from: qopel on August 07, 2014, 11:06:20 AM

Tell that to all the Libertarians who insist BitCoin will be the end-all, be-all, of money everywhere.

Quote from: Quokka on August 07, 2014, 10:20:15 AM

Bitcoin is, after all, still considered in beta.

I apologize if new technology isn't user friendly enough for you but I hardly see a reason to disqualify the entire concept.

qopel

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Quote from: Quokka on August 07, 2014, 10:20:15 AM

I'm personally a big Bitcoin user but I wouldn't go recommending Bitcoin to someone who wasn't willing to put in the time to learn how to use it. Bitcoin is, after all, still considered in beta.
[/quote]

Tell that to all the Libertarians who insist BitCoin will be the end-all, be-all, of money everywhere.

Quokka

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Quote from: qopel on August 07, 2014, 09:42:24 AM

I didn't invent BitCoin. I want to use it. Why should I figure it out?
Aren't there enough computer nerds?

Because it's your money? I know BitcoinTalk is generally against using web wallets, and for good reason considering the security risks present with a lot of them, but hosting your own wallet is only more secure if you actually know what you're doing with it. If you're not comfortable using Bitcoin Core there are a plethora of web wallets out there. Of course that would require some amount of calculated risk and that's for "computer nerds". I'm personally a big Bitcoin user but I wouldn't go recommending Bitcoin to someone who wasn't willing to put in the time to learn how to use it. Bitcoin is, after all, still considered in beta.

qopel

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Quote from: atledenin on August 07, 2014, 09:49:01 AM

Rather look at those 100 addresses like you've been given 100 individually coded cheques

I'm trying to receive money, not pay money!

atledenin

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Quote from: qopel on August 06, 2014, 05:30:33 PM

Quote from: saddambitcoin on August 06, 2014, 05:24:55 PM

It is recommended to use a new address every time - for privacy and for security. You can simply reuse the same receiving address but it is not best practice. Lots of people do it though.

Your Bitcoin Core wallet has already generated a pool of (100) addresses for you to use. Every time you hit "request payment" it shows you another one.

So if I post an address on a website and multiple people sent bitcoin to it I'll be OK? I'll get all the coin?

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers. WTF? I thought it was safe to post and use an address?

Rather look at those 100 addresses like you've been given 100 individually coded cheques

qopel

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Quote from: Quokka on August 07, 2014, 08:41:33 AM

Quote from: qopel on August 07, 2014, 08:13:17 AM

and people have been able to steal bitcoins.

Right, completely unlike PayPal, credit cards, or online bank accounts obviously. Every problem you've pointed out has a solution and it doesn't seem like you have much interest in figuring that out.

I didn't invent BitCoin. I want to use it. Why should I figure it out?
Aren't there enough computer nerds?

itod

legendary

Activity: 1988

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Honey badger just does not care

Quote from: qopel on August 07, 2014, 08:13:17 AM

With bitcoin you got some crazy random address and if you get one digit wrong...oh well. All transactions are final.

You can not get one digit (or letter) wrong, the Bitcoin public address has a checksum, if you enter a wrong digit software will notify you before you can send a transaction.

Quokka

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Quote from: qopel on August 07, 2014, 08:13:17 AM

and people have been able to steal bitcoins.

Right, completely unlike PayPal, credit cards, or online bank accounts obviously. Every problem you've pointed out has a solution and it doesn't seem like you have much interest in figuring that out.

qopel

newbie

Activity: 12

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Quote from: Newar on August 07, 2014, 02:23:00 AM

Quote from: qopel on August 06, 2014, 05:21:29 PM

[...] I'll never be able to keep track of them all. [...]

You don't need to, the software does it for you.

The software generates the addresses, but I have to figure out who I give what address to.

With paypal, you just give your e-mail address.

With bitcoin you got some crazy random address and if you get one digit wrong...oh well. All transactions are final.

And the block chain is already at 20gb. What happens when it's 20tb?

and it's so easy to lose your coins. Just lose your password, or have your hard drive blow up.
and people have been able to steal bitcoins.

This will never catch on main stream.

Newar

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https://gliph.me/hUF

Quote from: qopel on August 06, 2014, 05:21:29 PM

[...] I'll never be able to keep track of them all. [...]

You don't need to, the software does it for you.

qopel

newbie

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This stuff is getting waaaay too complicated and insecure for the average user.
I now doubt seriously that bitcoin can become main stream with all the problems with it.

Oh well

saddambitcoin

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Quote from: qopel on August 06, 2014, 05:30:33 PM

Quote from: saddambitcoin on August 06, 2014, 05:24:55 PM

It is recommended to use a new address every time - for privacy and for security. You can simply reuse the same receiving address but it is not best practice. Lots of people do it though.

Your Bitcoin Core wallet has already generated a pool of (100) addresses for you to use. Every time you hit "request payment" it shows you another one.

So if I post an address on a website and multiple people sent bitcoin to it I'll be OK? I'll get all the coin?

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers. WTF? I thought it was safe to post and use an address?

LOL.

It is safe to post and use a public address anywhere you want to receive bitcoin.

Just use common sense and realize that the blockchain is completely public and people can track your transactions if they so wished, based on linking your identity to a certain address and following it through other known addresses.

If you are interested in real anonymous coin privacy you should look into Monero - it uses ring signatures and has anonymous capability right now. Very early stages so it is not user friendly for everyone. Darkcoin is just marketing.

justusranvier

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Quote from: qopel on August 06, 2014, 08:33:05 PM

...and how does one get one of these amazing "stealth addresses"?

Right now, the only option unfortunately is to use Dark Wallet.

If you really need to receive donations from hundreds of people and stealth addresses are not practical yet (they aren't) then you should set up a web site where donors can go to be given a unique donation address.

Alternately you can add to the privacy pollution by giving out a single static donation address. That's a solution that's easy for you and will cause harm to other people in the future, but lots of other people are doing it...

qopel

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Quote from: justusranvier on August 06, 2014, 06:09:22 PM

That's precisely what stealth addresses are good for.

You're right that it's a travesty that only two clients are interested in incorporating them at the moment.
[/quote]

...and how does one get one of these amazing "stealth addresses"?

justusranvier

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Quote from: qopel on August 06, 2014, 06:07:53 PM

OK, so how do you get a mass amount of people to donate bitcoins to you securely??
Put out 100 different ads with different addresses?!? Seriously?

That's precisely what stealth addresses are good for.

You're right that it's a travesty that only two clients are interested in incorporating them at the moment.

qopel

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Quote from: justusranvier on August 06, 2014, 06:01:45 PM

Quote from: qopel on August 06, 2014, 05:30:33 PM

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.

No, addresses are not account numbers.

Addresses are single-use payment identifiers.

Using the same one more than once is a security and privacy vulnerability.

OK, so how do you get a mass amount of people to donate bitcoins to you securely??
Put out 100 different ads with different addresses?!? Seriously?

justusranvier

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Quote from: qopel on August 06, 2014, 05:30:33 PM

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.

No, addresses are not account numbers.

Addresses are single-use payment identifiers.

Using the same one more than once is a security and privacy vulnerability.

ncsupanda

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Quote from: qopel on August 06, 2014, 05:39:21 PM

OK, but I heard darkcoin is private. Wouldn't that be better to use than bitcoin then?

Or will bitcoin start to use darkcoin technology to be private?

I think it is best for you to begin to do more research on both Bitcoin and Darkcoin before asking questions about being "private" (which is more commonly referred to as anonymity).

http://en.wikipedia.org/wiki/Bitcoin
http://wiki.darkcoin.eu/wiki/Main_Page

Topic: Bitcoin Core address - page 2. (Read 5394 times)