Key pool? | Bitcointalksearch.org

kokjo

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Activity: 1050

Merit: 1000

You are WRONG!

Quote from: codler on July 07, 2011, 02:25:51 AM

Quote from: kokjo on July 06, 2011, 07:13:48 AM

Quote from: codler on July 06, 2011, 05:23:37 AM

Thanks for the answers!

One more question. Are the reserved addresses stored locally or online?

in wallet.dat. very locally.

In that case. If you have two computers with same wallet and then make 100transations on each computer, they will have different reserved addresses, right? Will that be a problem?

no. i don't think so. but the current client haves a few bug, so if something from the wallet gets transfered, the other client gets confused. but a bitcoin -rescan will fix it.

codler

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Activity: 191

Merit: 100

Quote from: kokjo on July 06, 2011, 07:13:48 AM

Quote from: codler on July 06, 2011, 05:23:37 AM

Thanks for the answers!

One more question. Are the reserved addresses stored locally or online?

in wallet.dat. very locally.

In that case. If you have two computers with same wallet and then make 100transations on each computer, they will have different reserved addresses, right? Will that be a problem?

kokjo

legendary

Activity: 1050

Merit: 1000

You are WRONG!

Quote from: codler on July 06, 2011, 05:23:37 AM

Thanks for the answers!

One more question. Are the reserved addresses stored locally or online?

in wallet.dat. very locally.

codler

full member

Activity: 191

Merit: 100

Thanks for the answers!

One more question. Are the reserved addresses stored locally or online?

Pieter Wuille

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Activity: 1072

Merit: 1189

Quote from: codler on July 06, 2011, 02:20:09 AM

So if I use 1 of 100 reserved addresses it will reserve 1 more address from pool so it has 100 addresses again?

Exactly.

The reason for this is backups: if you have not used 100 extra addresses since your last backup, the backup will still have all necessary private keys.

codler

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Activity: 191

Merit: 100

Quote from: koin on July 05, 2011, 07:40:45 PM

Quote from: drawoc on July 05, 2011, 07:01:30 PM

If you run out of those 100 addresses, another 100 are placed in your wallet.

i believe how it works is that as you use addresses from the pool, the pool is replenished so that it has 100 (by default, or whatever level is specified for the keypool size)

So if I use 1 of 100 reserved addresses it will reserve 1 more address from pool so it has 100 addresses again?

drawoc

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Activity: 168

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Firstbits: 175wn

Quote from: koin on July 05, 2011, 07:40:45 PM

i believe how it works is that as you use addresses from the pool, the pool is replenished so that it has 100 (by default, or whatever level is specified for the keypool size)

Read up on it more, and he's right. I stand corrected.

koin

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Activity: 873

Merit: 1000

Quote from: drawoc on July 05, 2011, 07:01:30 PM

If you run out of those 100 addresses, another 100 are placed in your wallet.

i believe how it works is that as you use addresses from the pool, the pool is replenished so that it has 100 (by default, or whatever level is specified for the keypool size)

drawoc

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Activity: 168

Merit: 100

Firstbits: 175wn

That just means that when you first get a new wallet, it generates 100 new addresses, and puts them in your wallet. From then on, whenever you hit the "New address" button, you get one of those 100 addresses that was already in your wallet, but hidden from you. If you run out of those 100 addresses, another 100 are placed in your wallet.

codler

full member

Activity: 191

Merit: 100

What is key pool? I do not understand this. https://en.bitcoin.it/wiki/Key_pool Could someone explain? Do it affect number of addresses you can have in wallet?

Topic: Key pool? (Read 2647 times)