Dear HCP
Thank You for this information It help`s me very much.
I will change my wallet for now.
Regards
Topic: How to use the wallet for large qty of deposits (Read 112 times)
You should avoid using MultiBit... it is old, outdated, full of bugs and the devs are no longer developing or supporting it. It is effectively "dead". https://multibit.org/blog/2017/07/26/multibit-shutdown.html
Basically, you should NOT continue to use MultiBit, there is a very good chance you could "lose" BTC due to the bugs and the fee issues.
If you still have a MultiBit Classic wallet with keys, you should follow this video: https://www.youtube.com/watch?v=LaijbTcxsv8
(Note that in the latest version of Electrum, you should use: "Import Bitcoin Addresses or private keys" NOT "Standard Wallet" option)
If you have a MultiBit HD wallet with 12 word seed, you should follow this video: https://www.youtube.com/watch?v=E-KcY6KUVnY
As for operating a website, with Electrum as your wallet, the easiest way to generate unique addresses for users, would be to use your "xpub" address (Master Public Key) and one of the bitcoin ecommerce plugins like Mycelium Gear or the CryptoWoo (WooCommerce plugin)...
That will allow you to generate an almost infinite number of addresses on demand. Due to the nature of xpub's, you can't generate the private keys from them, so there is little risk in putting these public keys into a plugin like Mycelium Gear or CryptoWoo.
The bitcoins would then go to your Electrum wallet that generated the xpub. Electrum also makes it relatively easy to send ALL your coins to one address later (you basically just click the "MAX" button).
Basically, you should NOT continue to use MultiBit, there is a very good chance you could "lose" BTC due to the bugs and the fee issues.
If you still have a MultiBit Classic wallet with keys, you should follow this video: https://www.youtube.com/watch?v=LaijbTcxsv8
(Note that in the latest version of Electrum, you should use: "Import Bitcoin Addresses or private keys" NOT "Standard Wallet" option)
If you have a MultiBit HD wallet with 12 word seed, you should follow this video: https://www.youtube.com/watch?v=E-KcY6KUVnY
As for operating a website, with Electrum as your wallet, the easiest way to generate unique addresses for users, would be to use your "xpub" address (Master Public Key) and one of the bitcoin ecommerce plugins like Mycelium Gear or the CryptoWoo (WooCommerce plugin)...
That will allow you to generate an almost infinite number of addresses on demand. Due to the nature of xpub's, you can't generate the private keys from them, so there is little risk in putting these public keys into a plugin like Mycelium Gear or CryptoWoo.
The bitcoins would then go to your Electrum wallet that generated the xpub. Electrum also makes it relatively easy to send ALL your coins to one address later (you basically just click the "MAX" button).
Hello
I would like to create a website where users can make deposits in BTC
I would like the get deposit to my Multibit wallet.
how can I get all available wallet address in Multibit (Request).
And how exactly does it work with the donation they come to different addresses and I can then send the whole to one address with only one transaction fee.
Example I receive from 10 people with different wallet address btc (I give them wallet address generated from request button) and see all BTC in my Multibit I can send in one transaction all the amount to another one .
Any body can explain me, how it`s works?
Regards
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