Bitcoin Forum

Other => MultiBit => Topic started by: no_alone on December 02, 2013, 06:25:07 PM



Title: address creation? how ?
Post by: no_alone on December 02, 2013, 06:25:07 PM
Hello I was wondering how multibit is creating new address? Is it possible that multibit author can make it so that all addresss that will be created is known to him? Then he can take all the bit coins..


Title: Re: address creation? how ?
Post by: jim618 on December 08, 2013, 11:29:19 AM
Addresses are generated using a random number that is only known to your local computer.
That is why backing up is so important - no-one else knows your private key