Topic: What if electrum stop developing or all server goes offline? (Read 497 times)
thank you for the explain
thank you for quick reply, but i am still confused. when i click export i got 26 line electrum-private-keys.csv which contains "address, private key" like this (testing it so does not matter if this goes public):
it looks like electrum private keys for 26 bitcoin address. what is the use of rest of 25 address?
From memory... By default Electrum will generate 20 "receive" addresses... and 5 "change" addresses. Each time you receive funds to a "receive" address that has not been used before, Electrum will automatically generate another "receive" address to maintain this pool of 20 addresses. The same applies to "change" addresses... each time funds are sent to an unused change address, it will automatically generate another change address.Quote
address,private_key
1Cks4gBx5VsNJnzHUAPS8oVxRHeL795Wvq,KxCCniJif99E594mgomqrguc1ZUfDL5UbzXbanfWr732eGgHU6y4
13woCaMcUGhZZzU6SYsgYo7xDHvwxQAp7b,KydEuvT5qndyuk8Q1tYoeEoQqwfVQZqBULKiqqGgThUi1Ba5YUEm
and so on
1Cks4gBx5VsNJnzHUAPS8oVxRHeL795Wvq,KxCCniJif99E594mgomqrguc1ZUfDL5UbzXbanfWr732eGgHU6y4
13woCaMcUGhZZzU6SYsgYo7xDHvwxQAp7b,KydEuvT5qndyuk8Q1tYoeEoQqwfVQZqBULKiqqGgThUi1Ba5YUEm
and so on
it looks like electrum private keys for 26 bitcoin address. what is the use of rest of 25 address?
If you show the "addresses" tab in Electrum (Wallet -> Show Addresses)... you will be able to see all the addresses currently generated for your wallet (Note: you may need to expand the "used" and "change" sections by clicking on the ">" symbols.
So, you start with 20 receive + 5 change = 25 addresses... you used one to receive funds, so a new receive address was generated... you now have 21 receive and 5 change = 26 addresses.
The reason for having the pool of addresses is to help minimise address re-use... you can give a different address to each person/service you are requesting coins from. As new ones are only automatically generated when you actually receive a transaction to an address... having 20 spare means you will hopefully not run out before new ones are generated
Please delete your private keys from the forum as other people can steal your bitcoins from those address. Also, never use those addresses again.
You have 26 keys because you have 26 different addresses. Each private key corresponds to one unique address.
You have 26 keys because you have 26 different addresses. Each private key corresponds to one unique address.
thank you for quick reply, but i am still confused. when i click export i got 26 line electrum-private-keys.csv which contains "address, private key" like this (testing it so does not matter if this goes public):
it looks like electrum private keys for 26 bitcoin address. what is the use of rest of 25 address?
Quote
address,private_key
1Cks4gBx5VsNJnzHUAPS8oVxRHeL795Wvq,KxCCniJif99E594mgomqrguc1ZUfDL5UbzXbanfWr732eGgHU6y4
13woCaMcUGhZZzU6SYsgYo7xDHvwxQAp7b,KydEuvT5qndyuk8Q1tYoeEoQqwfVQZqBULKiqqGgThUi1Ba5YUEm
and so on
1Cks4gBx5VsNJnzHUAPS8oVxRHeL795Wvq,KxCCniJif99E594mgomqrguc1ZUfDL5UbzXbanfWr732eGgHU6y4
13woCaMcUGhZZzU6SYsgYo7xDHvwxQAp7b,KydEuvT5qndyuk8Q1tYoeEoQqwfVQZqBULKiqqGgThUi1Ba5YUEm
and so on
it looks like electrum private keys for 26 bitcoin address. what is the use of rest of 25 address?
As long as you have the private keys (and if you don't share it), you always have your bitcoins. If Electrum goes down, you can just use the private keys to export to another wallet.
To get your private keys, go to "wallet" and then "private keys" and then "export."
To get your private keys, go to "wallet" and then "private keys" and then "export."
You can export private keys from Electrum... so you can just sweep (or import) them into another wallet to regain access to your coins should every single Electrum Server suddenly vanish.
sorry i am noob, i using online wallet to store my coin(very small amount of money). electrum do not download all blockchain so it's best suit for me. i just wondering in case if electrum all server goes down tomorrow or stop develop in future how will i move my coin to other client?
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