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Topic: How to use Segwitaddress.ORG ? - page 3. (Read 671 times)

legendary
Activity: 1540
Merit: 1016
January 17, 2018, 02:51:14 AM
#5
I hope you have withdrown you BTC from your address (19RidcN96xgXkWi8gDwxcmbjjdjfrxpxvv). I checked the address and it has no BTC in it.
sr. member
Activity: 322
Merit: 363
39twH4PSYgDSzU7sLnRoDfthR6gWYrrPoD
January 17, 2018, 02:08:25 AM
#4

What if I already did it? Shall I take it as my current address 19RidcN96xgXkWi8gDwxcmbjjdjfrxpxvv's privkey has been compromised? Should I still use that address or change it to another one?
If you input your private key directly in the site without downloading the webpage and running it in tails then yes, consider that address compromised.

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As well, if that's not the site I should be using, please take me to something that's trustworthy and could get me a SegWit address.
Electrum wallet can generate native segwit addresses (Bech32)
If you want for mobile then Samourai wallet can do that also.

 
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I use GreenAddress and GreenBits apps, they've currently given me with addresses starting with a '3'.
Addresses that start with 3 are P2SH addresses, Segwit addresses are P2SH-P2WPKH addresses so they start with 3 also.
IIRC Green Address and Green Bits addresses are multisig Segwit addresses.

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Are these addresses just for one time use or can I use them normally just like I use my Legacy address? As I won't be holding private key of such address, is it safe to keep my funds there?
You can use ANY bitcoin address as much times as you want as long as you hold the private key.
It is just not recommended because of privacy reasons and the hypothetical future when muh quantum computers will break bitcoin security.
legendary
Activity: 3052
Merit: 1273
January 16, 2018, 11:00:38 PM
#3
STOP

DO NOT enter your Bitcoin private keys to any type of website, ever.

There is no need to enter any private key. At best, this site is incompetently designed, at worst, a scam to steal your BTC

STOP

What if I already did it? Shall I take it as my current address 19RidcN96xgXkWi8gDwxcmbjjdjfrxpxvv's privkey has been compromised? Should I still use that address or change it to another one? As well, if that's not the site I should be using, please take me to something that's trustworthy and could get me a SegWit address. I use GreenAddress and GreenBits apps, they've currently given me with addresses starting with a '3'. Are these addresses just for one time use or can I use them normally just like I use my Legacy address? As I won't be holding private key of such address, is it safe to keep my funds there?
legendary
Activity: 3430
Merit: 3080
January 16, 2018, 02:11:14 PM
#2
STOP

DO NOT enter your Bitcoin private keys to any type of website, ever.

There is no need to enter any private key. At best, this site is incompetently designed, at worst, a scam to steal your BTC

STOP
legendary
Activity: 3052
Merit: 1273
January 16, 2018, 01:01:48 PM
#1
Friends,
I've seen that being non-user of SegWit, there are no such benefits or advantages that we can accrue.
So, I wish to learn how to switch to SegWit completely?

I became aware of Segwitaddress.org to create an address directly from there, but if I use that address, will I be able to sign messages through that address (as the address is being provided with the private key itself)?

I also used an option that asks for a "WIF Private Key" (I entered my Legacy address, i.e.; 19RidcN96xgXkWi8gDwxcmbjjdjfrxpxvv's privkey) there and got an address that could be used to receive funds. But what I don't get here is, where will I see those funds and where can I use them from?
I mean, if I use the same privkey in any wallet, it will still show 19RidcN96xgXkWi8gDwxcmbjjdjfrxpxvv as my address and not the one I get from segwitaddress.org, what should be done here? As well, should I keep me Legacy address' privkey even if I adopt SegWit completely?
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