Title: how does the "move" feature in bitcoin client work - is it untraceable? Post by: miernik on August 10, 2011, 09:20:39 AM What are the untraceability implications of the "move" feature of the bitcoin client?
https://en.bitcoin.it/wiki/Accounts_explained#Account_-.3E_Account_Transfers "Moves are not broadcast to the network, and never incur transaction fees; they just adjust account balances in the wallet." Does it mean, that if I have some Bitcoins at an address that is known to belong to me (for example I posted it together with my name online), then if I use "move" to move the Bitcoins to a different account in my wallet, then when I send some BTC from an address in the other account, that transaction is not traceable to me? Or is it? Title: Re: how does the "move" feature in bitcoin client work - is it untraceable? Post by: kokjo on August 10, 2011, 09:26:32 AM What are the untraceability implications of the "move" feature of the bitcoin client? accounts are used in shared wallets. moving between accounts. is not like subtracting 5 btc from one account and adding 5 btc to anoher account. nothing happens on the network, only on your local computer. and you can't transfer bitcoin to on one else.https://en.bitcoin.it/wiki/Accounts_explained#Account_-.3E_Account_Transfers "Moves are not broadcast to the network, and never incur transaction fees; they just adjust account balances in the wallet." Does it mean, that if I have some Bitcoins at an address that is known to belong to me (for example I posted it together with my name online), then if I use "move" to move the Bitcoins to a different account in my wallet, then when I send some BTC from an address in the other account, that transaction is not traceable to me? Or is it? it is just a accounting tool, nothing more. Title: Re: how does the "move" feature in bitcoin client work - is it untraceable? Post by: miernik on August 10, 2011, 09:37:47 AM Lets say I have a wallet with two account:
account1 account2 Each account has some addresses assigned to it, I can see them with: bitcoind getaddressesbyaccount account1 bitcoind getaddressesbyaccount account2 Lets say that initially an address assigned to account1 has some bitcoins, and all addresses at account2 are empty. Then I use move to move some bitcoins from account1 to account2 Then from what address the command: bitcoind sendfrom account2 TO_BITCOIN_ADDDRESS sends the bitcoins? What will the network see, what will be visible in blockexplorer? Title: Re: how does the "move" feature in bitcoin client work - is it untraceable? Post by: kokjo on August 10, 2011, 09:51:36 AM Lets say I have a wallet with two account: it will just send the bitcoins from account1. while removing it from account2.account1 account2 Each account has some addresses assigned to it, I can see them with: bitcoind getaddressesbyaccount account1 bitcoind getaddressesbyaccount account2 Lets say that initially an address assigned to account1 has some bitcoins, and all addresses at account2 are empty. Then I use move to move some bitcoins from account1 to account2 Then from what address the command: bitcoind sendfrom account2 TO_BITCOIN_ADDDRESS sends the bitcoins? What will the network see, what will be visible in blockexplorer? when you receive something on a address. the account holding that address is credited with the amount of bitcoins received. and the bitcoins goes to a pool of bitcoins. when the bitcoin client are sending out bitcoin coins, it chooses that deposit that haves a similar amount of bitcoin in it. say account A receives 3 btc and 2 btc. and account B receives 5 btc. now both accounts have the same amount of bitcoins in them. ...BUT if you are sending 3 btc from account B, it will be the 3 btc from account A. if you are sending between accounts, you are just taking balance from one account and put it in another, the network sees nothing. Title: Re: how does the "move" feature in bitcoin client work - is it untraceable? Post by: BitcoinPorn on August 10, 2011, 09:58:18 AM Learn something new every day.
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