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Title: bitcoin address question Post by: charmgem on June 30, 2018, 09:58:00 PM ok I'm more used to using ethereum. If I use my address I send a transaction and there is a balance left in that address. Simple enough
Now when I use electrum wallet with multiple addresses. now say I have 5 bitcoins in one address. But if I make a transaction of 1 bitcoin, why does the remaining balance of 4 move to another address. Is there a way for it to stay in the same address? Title: Re: bitcoin address question Post by: SFR10 on July 01, 2018, 01:39:30 AM now say I have 5 bitcoins in one address. But if I make a transaction of 1 bitcoin, why does the remaining balance of 4 move to another address. Because the change is being sent to a change address (it's for your own "privacy").Is there a way for it to stay in the same address? Yes (depending on the wallet, the steps might be different [not sure if all of the wallets, allow you to change it though]).- Which wallet you're using? Title: Re: bitcoin address question Post by: TryNinja on July 01, 2018, 01:43:44 AM Is there a way for it to stay in the same address? Tools -> Preferences -> Transactions -> Uncheck "Use change addresses";This will make the wallet send the change back to the address of origin (IIRC). Title: Re: bitcoin address question Post by: pooya87 on July 01, 2018, 04:18:36 AM this has nothing to do with being Ethereum or bitcoin. it is all about Address Reuse (https://en.bitcoin.it/wiki/Address_reuse) and preventing it. the reason why Electrum sends the remaining funds to a new address is to prevent Address Reuse. and the fact that your Ethereum wallet doesn't do that is because they haven't implemented such a thing in that particular wallet but they should have.
addresses (bitcoin or any other altcoin which is similar to bitcoin) are single use tokens (https://en.bitcoin.it/wiki/Address#A_Bitcoin_address_is_a_single-use_token). you can use them many times but you are not supposed to. |