Multiple Receive addresses and Private keys in one wallet???

DannyHamilton

legendary

Activity: 3472

Merit: 4794

Quote from: darkshadowgirl on November 13, 2013, 11:07:56 PM

When I go to sweep the private key into block chain. Will ONE private key sweep the WHOLE wallets total amount (.30)?

No. Each address has its own private key.

Quote from: darkshadowgirl on November 13, 2013, 11:07:56 PM

Or will it only sweep the amount sent to that ONE receive address (.10)?

Correct.

Quote from: darkshadowgirl on November 13, 2013, 11:07:56 PM

If it is the later.... If I lose the other private keys.... I might loose the money sent to those addresses forever??

Correct.

nahtnam

legendary

Activity: 1092

Merit: 1000

nahtnam.com

Each private key would import 0.1.

Sisseck

newbie

Activity: 6

Merit: 0

You would have to import all three private keys to gain access to the three addresses. If you misplace one of the private keys you would lose access to the funds that are in the corresponding address.

darkshadowgirl

newbie

Activity: 25

Merit: 0

Ok so I am kinda confused.

I make a new wallet in Multibit. Then I go to the receive Tab and create 3 receive addresses. I then proceed to send .10 separately to each receive address.

I then go to export the private keys.

Multibit then gives me 3 different private keys, one for each receive address I have created.

When I go to sweep the private key into block chain. Will ONE private key sweep the WHOLE wallets total amount (.30)? Or will it only sweep the amount sent to that ONE receive address (.10)?

If it is the later.... If I lose the other private keys.... I might loose the money sent to those addresses forever??

Topic: Multiple Receive addresses and Private keys in one wallet??? (Read 937 times)