Bitcoin Forum

Other => Beginners & Help => Topic started by: Thomas3520 on August 27, 2017, 12:10:23 PM



Title: Question about HD wallets...◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️&#
Post by: Thomas3520 on August 27, 2017, 12:10:23 PM
I have a question about HD wallets: I've heard, that the addresses change, when you receive coins? I'm using Jaxx. So does that mean, when I receive like one transaction worth 10$ to my Bitcoin/Ethereum wallet, then the Bitcoin/Ethereum address changes in my Jaxx interface?

But I will still get the coins, that are sent to the old addresses.

Am I wrong with anything? ???


Title: Re: Question about HD wallets...◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻ᥧ
Post by: MadGamer on August 27, 2017, 02:14:59 PM
It's exactly how you described it, you still can receive funds into your old addresses however it's highly recommended to use the new addresses, It's mostly a privacy matter so people will find hard time to link everything back to you.


Title: Re: Question about HD wallets...◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻ᥧ
Post by: Thomas3520 on August 27, 2017, 02:24:25 PM
It's exactly how you described it, you still can receive funds into your old addresses however it's highly recommended to use the new addresses, It's mostly a privacy matter so people will find hard time to link everything back to you.
Ok, perfect!

I found a iOS wallet called "Alta Wallet" (a desktop wallet is available too), which supports Bitcoin, Ethereum, Litecoin and Dogecoin, has a built in exchange and you can create multiple wallets (not just multiple addresses) So you can have like a wallet called "mining" with BTC, ETH, LTC etc. and a wallet called "donations" with BTC, ETH, LTC etc. and you can easily switch between them! :)
Pretty unique... :D

https://itunes.apple.com/us/app/alta-wallet-bitcoin-wallet/id1154367060?mt=8

Have you ever tried it? ;)


Title: Re: Question about HD wallets...◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻ᥧ
Post by: mk4 on August 27, 2017, 03:05:56 PM
It's exactly how you described it, you still can receive funds into your old addresses however it's highly recommended to use the new addresses, It's mostly a privacy matter so people will find hard time to link everything back to you.
Ok, perfect!

I found a iOS wallet called "Alta Wallet" (a desktop wallet is available too), which supports Bitcoin, Ethereum, Litecoin and Dogecoin, has a built in exchange and you can create multiple wallets (not just multiple addresses) So you can have like a wallet called "mining" with BTC, ETH, LTC etc. and a wallet called "donations" with BTC, ETH, LTC etc. and you can easily switch between them! :)
Pretty unique... :D

https://itunes.apple.com/us/app/alta-wallet-bitcoin-wallet/id1154367060?mt=8

Have you ever tried it? ;)

I took a look at Alta Wallet just to see if the wallet is good and or legit. Unfortunately that app isn't open source so there's no way for me or some people to know if they're doing something fishy or not. I honestly can't recommend it since this is the first time I've heard of that app, so maybe think twice into sending/importing all your bitcoins to that wallet. I think the chances of it being a scam is low though.

Take note that multi-currency wallets I think are usually(in my opinion) less secure compared to wallets that support only one cryptocurrency. Just a heads up. Try out Copay on your iOS device. It's the bitcoin wallet I've been using since forever; it also has multiple-wallet support like you described, and it's open source, so we know for sure nothing fishy is going on in that wallet.


Title: Re: Question about HD wallets...◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻ᥧ
Post by: Thomas3520 on August 27, 2017, 03:27:32 PM
It's exactly how you described it, you still can receive funds into your old addresses however it's highly recommended to use the new addresses, It's mostly a privacy matter so people will find hard time to link everything back to you.
Ok, perfect!

I found a iOS wallet called "Alta Wallet" (a desktop wallet is available too), which supports Bitcoin, Ethereum, Litecoin and Dogecoin, has a built in exchange and you can create multiple wallets (not just multiple addresses) So you can have like a wallet called "mining" with BTC, ETH, LTC etc. and a wallet called "donations" with BTC, ETH, LTC etc. and you can easily switch between them! :)
Pretty unique... :D

https://itunes.apple.com/us/app/alta-wallet-bitcoin-wallet/id1154367060?mt=8

Have you ever tried it? ;)

I took a look at Alta Wallet just to see if the wallet is good and or legit. Unfortunately that app isn't open source so there's no way for me or some people to know if they're doing something fishy or not. I honestly can't recommend it since this is the first time I've heard of that app, so maybe think twice into sending/importing all your bitcoins to that wallet. I think the chances of it being a scam is low though.

Take note that multi-currency wallets I think are usually(in my opinion) less secure compared to wallets that support only one cryptocurrency. Just a heads up. Try out Copay on your iOS device. It's the bitcoin wallet I've been using since forever; it also has multiple-wallet support like you described, and it's open source, so we know for sure nothing fishy is going on in that wallet.
Yeah, ok...
What wallet do you use for Ethereum?


Title: Re: Question about HD wallets...◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻ᥧ
Post by: mk4 on August 27, 2017, 03:41:42 PM
It's exactly how you described it, you still can receive funds into your old addresses however it's highly recommended to use the new addresses, It's mostly a privacy matter so people will find hard time to link everything back to you.
Ok, perfect!

I found a iOS wallet called "Alta Wallet" (a desktop wallet is available too), which supports Bitcoin, Ethereum, Litecoin and Dogecoin, has a built in exchange and you can create multiple wallets (not just multiple addresses) So you can have like a wallet called "mining" with BTC, ETH, LTC etc. and a wallet called "donations" with BTC, ETH, LTC etc. and you can easily switch between them! :)
Pretty unique... :D

https://itunes.apple.com/us/app/alta-wallet-bitcoin-wallet/id1154367060?mt=8

Have you ever tried it? ;)

I took a look at Alta Wallet just to see if the wallet is good and or legit. Unfortunately that app isn't open source so there's no way for me or some people to know if they're doing something fishy or not. I honestly can't recommend it since this is the first time I've heard of that app, so maybe think twice into sending/importing all your bitcoins to that wallet. I think the chances of it being a scam is low though.

Take note that multi-currency wallets I think are usually(in my opinion) less secure compared to wallets that support only one cryptocurrency. Just a heads up. Try out Copay on your iOS device. It's the bitcoin wallet I've been using since forever; it also has multiple-wallet support like you described, and it's open source, so we know for sure nothing fishy is going on in that wallet.
Yeah, ok...
What wallet do you use for Ethereum?

I personally use MyEtherWallet  (https://www.myetherwallet.com/)or "MEW" as most people call it. It's a bit different compared to your typical cryptocurrency wallets, but it works the best for me.

If you're planning on using MEW, please bookmark the link, and don't Google "myetherwallet" when you're planning on opening that site since a lot of scammers made and advertised phishing websites on Google, attempting to steal the coins of the less-informed crypto users. Always check this green secure icon when opening MEW and most websites:



Title: Re: Question about HD wallets...◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻️◻ᥧ
Post by: ByteCrunch on August 27, 2017, 07:49:48 PM
If you are looking for a trusted open source bitcoin HD wallet you should also consider this https://itunes.apple.com/it/app/mycelium-bitcoin-wallet/id943912290?mt=8 (https://itunes.apple.com/it/app/mycelium-bitcoin-wallet/id943912290?mt=8). I've tried the android version and I found it awesome.