Title: Armory Question Post by: CoinRocka on March 23, 2014, 01:59:28 AM Must I create a new cold wallet address if I initiate a send from my Armory hot wallet and then sign with my Armory cold wallet?? I've read that if you send from an address you should create a new one to move to.
Does this hold true for the offline wallets? Title: Re: Armory Question Post by: Singlebyte on March 23, 2014, 02:01:25 AM Best to ask armory questions in the armory thread, but no you do not need to create new addresses. I assume you are asking if you send from the online computer after signing with offline computer. Only reason to assign a new address is to keep people from snooping the block chain for transactions you have intiated.
Title: Re: Armory Question Post by: etotheipi on March 23, 2014, 04:29:31 PM When you use an end-to-end application for handling transactions like Armory (instead of hacking together multiple tools, scripts ,etc), you don't have to worry about this. You are talking about change addresses, and all that is handled securely and transparently by serious wallets. Using manual tools where you have to think about these things can lead to lost coins.
Armory creates the change address for you from the same wallet that is protected by your paper backup, and automatically sends the change there. It is usually hidden from you because it is an unnecessary detail, and doesn't require any action on your part. However, if you examine the transaction info, you will see the change address in the outputs list, with the wallet ID next to it (showing you it's money coming back to your wallet, not going somewhere else). |