Bitcoin Forum

Other => Beginners & Help => Topic started by: BrianH on June 22, 2011, 11:30:38 AM



Title: Bank wallet & Small wallet
Post by: BrianH on June 22, 2011, 11:30:38 AM
Can someone clear up a few things for me?

1. Create a "bank" wallet and send several transactions to it from another wallet. Will they all appear when the blocks are reconfirmed? Do I need to make a copy of the small wallet to retain the addresses?

2. Does the bank wallet address remain the same? What if I send or receive anything from it - does the address need to be updated?

3. I almost lost several BTC and am trying to determine how it happened. Basically, I sent several BTC to the bank wallet address and the BTC it had in it previously were lost. I managed to recover them and the addresses by digging up an old backup of the bank wallet. How could the old addresses have been lost?


Title: Re: Bank wallet & Small wallet
Post by: Whiplash450 on June 22, 2011, 11:35:56 AM
if you have any confusion about wallets and setting them up I would say take a look at this thread

http://forum.bitcoin.org/index.php?topic=17292.0 (http://forum.bitcoin.org/index.php?topic=17292.0)


Title: Re: Bank wallet & Small wallet
Post by: BrianH on June 22, 2011, 11:39:53 AM
Thanks, it is a great article and I have read it, but it doesn't really answer my questions.


Title: Re: Bank wallet & Small wallet
Post by: Whiplash450 on June 22, 2011, 11:41:40 AM
well look at it this way. Sending of coins from your 'pocket' wallet to your 'bank' wallet is no different to me sending you coins to either of your wallets. So any coins held previously in your wallets are not going to dissapear if I send you a coin, or if you transfer coins between your wallets

edit* - With regards to address everytime you use a public address for one of your wallets the bitcoin client appears to create a new one. This does not mean that the previously used public address stops working, but I guess that it works likes this so that you can tie addresses to a single source so that you can track where deposits to your wallet are coming from. In the address book in the client you can give a name to any public address so that when a deposit comes from that address you know that its coming from, say, your mining pool when you click the payout button