Generating a bitcoin wallet address for each user

mr_random

legendary

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Quote from: w1R903 on April 22, 2013, 06:20:50 PM

Quote from: mr_random on April 22, 2013, 05:59:12 PM

Quote from: grue on April 22, 2013, 05:06:50 PM

to monitor the balance of each address, either query bitcoind for the balance of the address, or query a third party api (blockexplorer, blockchain.info).

So I would keep polling bitcoind over and over to keep scanning for deposits to those addresses?

You don't have to poll. You can start up bitcoind with the switch '-blocknotify='' and put whatever command you want to run in the place of , for example a shell script or python script that asks for the balances of the addresses you are tracking. It will only notify upon each additional block confirmation.

Awesome! Thank you Cheesy

w1R903

full member

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Quote from: mr_random on April 22, 2013, 05:59:12 PM

Quote from: grue on April 22, 2013, 05:06:50 PM

to monitor the balance of each address, either query bitcoind for the balance of the address, or query a third party api (blockexplorer, blockchain.info).

So I would keep polling bitcoind over and over to keep scanning for deposits to those addresses?

You don't have to poll. You can start up bitcoind with the switch '-blocknotify='' and put whatever command you want to run in the place of , for example a shell script or python script that asks for the balances of the addresses you are tracking. It will only notify upon each additional block confirmation.

mr_random

legendary

Activity: 1260

Merit: 1001

Quote from: grue on April 22, 2013, 05:06:50 PM

to monitor the balance of each address, either query bitcoind for the balance of the address, or query a third party api (blockexplorer, blockchain.info).

So I would keep polling bitcoind over and over to keep scanning for deposits to those addresses?

grue

legendary

Activity: 2058

Merit: 1431

to monitor the balance of each address, either query bitcoind for the balance of the address, or query a third party api (blockexplorer, blockchain.info).

mr_random

legendary

Activity: 1260

Merit: 1001

I am building a site and I want each user to have a unique wallet address.

I understand I can use bitcoind for this. Say I have one thousand users, how do I generate 1000 addresses that I can monitor and send bitcoins from? Will the server be able to monitor all these 1000 addresses at once?

I am a php developer so I am familiar with certain aspects of web design.

Many thanks

Topic: Generating a bitcoin wallet address for each user (Read 1084 times)