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Thekool1s

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Quote from: LeGaulois on August 16, 2017, 01:38:44 PM

He is asking if it is possible to reuse BTC address I guess

Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

Yes, you can reuse your address multiple times without a problem. However, there are few things you need to know https://en.bitcoin.it/wiki/Address_reuse You start to lose your (pseudo) privacy as it becomes more easy to identify you. Some wallets change the address every X days, so don't forget this as well

Not only that, but these days it will also cost you a fortune to transfer payments from a address which has received multiple payments. If OP you use a wallet like Electrum then by default you don't have to worry about receiving the payments on a same address, As Electrum will give you a new address for every new transaction. It's best to use a new address for each transaction, unless obviously you have money to blow away.

Images21

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Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

I am trying to answer your question with an assumption that I got it right. Wallets are not meant to be for a single transaction only. It does not mean that for every transaction you need to create a new wallet. You can actually reuse your wallet with the same address for as long as you are using it and you are storing and have access to your private key and password to the same wallet address.

Nivir

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Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

I also don't get your question but if I understood it correctly, you are asking if the wallet address can be reused? If so then then the answer is it really depends because if you have an old address and you can't log in to it and want to resuse it then what's the use right? But if you can still use that old address then by all means you use it. There are also some wallet address who generates or changes for the owners security purpose.

fasdorcas

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Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

Wallets generate various addresses and they all belongs to you. So that means you can still reuse/ use them again anytime you wish. It’s all your choice. But I wouldn’t recommend making use of the same address every time, because someone can easily track your earnings. So it’s best to use several addresses.

Yakamoto

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Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

I really don't understand what you mean solely based off of the title and this post, as the English is kind of broken and unclear, but desktop wallets typically don't encourage address re-use, they simply allow for you to opt to reuse an address, or simply not use it again and use another. For online wallets, they more often than not do not promote address reuse and a majority of them will generate new addresses every time you wish to receive some Bitcoin. As for exchanges, typically they generate one address for you and then you use that.

LeGaulois

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He is asking if it is possible to reuse BTC address I guess

Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

Yes, you can reuse your address multiple times without a problem. However, there are few things you need to know https://en.bitcoin.it/wiki/Address_reuse You start to lose your (pseudo) privacy as it becomes more easy to identify you. Some wallets change the address every X days, so don't forget this as well

xskl0

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Sorry but your question is very unclear. Could you explain it again?

engwai

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Address reuse refers to the use of the same address for multiple transactions. It is a poor practice, as it reduces the amount of privacy that you and the receiving party of the transaction have. When addresses are reused, they allow others to much more easily and reliably determine that the address being reused is yours. Every time the reused address private key signs a new transaction, whoever receives it can use the histories of that address to discover information about you.

Catmony

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Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

You question is quite unclear. You can reuse a bitcoin address to receive coins but few wallets (HD wallets) ask you to use different addresses from your wallet to increase your privacy because this will make it difficult for your government to track you down in future.

equator

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Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

No wallet promote to reuse the same address, but if you are trading or using it for same work then it can be used and it will be active but for withdrawing the address will always change and it is also good so that no one can get record of your earnings.

iamTom123

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Quote from: stevemic on August 16, 2017, 11:15:38 AM

Does the Wallet Promote Address Reuse?

I don't fully get what you mean. Now let me guess...maybe you mean to say that if it is possible that the same wallet address you are using can also be given to another person or another account. The answer is of course a big NO otherwise that can create chaos and can mean that the wallet terribly failed. Your wallet address should be unique and with so many variants available there is no reason why there should be a repeat or reuse. Hope I guess what you really mean by your post. I suggest that in your next post you also elaborate what you mean so that readers and those who want to make a reply can fully understand your idea or question.

stevemic

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Does the Wallet Promote Address Reuse?

Topic: can reuse (Read 327 times)