Quick newb question, want to verify before accepting large payment.

HCP

legendary

Activity: 2086

Merit: 4363

Quote from: bdvenuti7 on June 19, 2017, 02:23:02 PM

... My question is, that receiving address that I gave out two days ago is still unused, and even though the current one showing is different, the unused address I gave out the other day is still ok to receive the payment to, correct? ...

Assuming that the "unused address" you gave out the other day is actually contained within your wallet, then yes... it should be OK.

You should either:
1. Look at the address tab (You may need to goto "Wallet -> Address" to get it to show)... is the address you gave out listed there?
or
2. Goto the console... and type the following command:

Code:

ismine("PUT_THE_ADDRESS_YOU_GAVE_OUT_HERE")

If it says "true" then yes, the address is yours, it'll be fine... if it says "false" then DON'T get coins sent there until you figure out where that address is from!

kolloh

legendary

Activity: 1736

Merit: 1023

Yep, you should be fine. You can also view your addresses on the Addresses tab. You may have to select this via Wallet -> Addresses or by pressing Ctrl-A first. This tab shows around 20 addresses or so at a time by default.

I normally just select an unused address from my addresses tab without using the Receive tab when I want to receive coins. Although using the Receive tab could be better for privacy as previously mentioned so that you aren't providing the same address for multiple payments.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: bdvenuti7 on June 19, 2017, 02:23:02 PM

Hi, I'm sure this is a pretty straightforward question with a straightforward answer, but I couldn't find an exact thread on this. So, for my Electrum wallet, I am expecting a larger payment today, I gave my receiving address to the other person two days ago, I opened my wallet today and the receiving address listed is different than the one I gave two days ago yet I have not sent or received any bitcoin in that timeframe. My question is, that receiving address that I gave out two days ago is still unused, and even though the current one showing is different, the unused address I gave out the other day is still ok to receive the payment to, correct? Sorry if this is an incredibly basic question, I just wanted some quick confirmation before I have the payment sent, ya know? TIA.

You can reuse addresses as much as you want. It's just privacy that ensure that the same address is not suggested more than once. So it is fine to use the same address again.
It's only the private keys that you don't want to leak from these addresses as they are what give you access to the fund sstored. However, the seeds and passwords in your wallet encrypt these private keys.

bdvenuti7

newbie

Activity: 3

Merit: 0

Hi, I'm sure this is a pretty straightforward question with a straightforward answer, but I couldn't find an exact thread on this. So, for my Electrum wallet, I am expecting a larger payment today, I gave my receiving address to the other person two days ago, I opened my wallet today and the receiving address listed is different than the one I gave two days ago yet I have not sent or received any bitcoin in that timeframe. My question is, that receiving address that I gave out two days ago is still unused, and even though the current one showing is different, the unused address I gave out the other day is still ok to receive the payment to, correct? Sorry if this is an incredibly basic question, I just wanted some quick confirmation before I have the payment sent, ya know? TIA.

Topic: Quick newb question, want to verify before accepting large payment. (Read 272 times)