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June 30, 2024, 01:53:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Other / Beginners & Help / Re: Newbie questions about Bitcoin on: April 02, 2015, 05:24:58 PM
Thanks for many answers guys!


2. Yes it is possible. Recommended or not depends on the client, the thinner the better (Like Electrum). The problems that might arise is the wallet arrangement of keys algo might get confused. In some cases people lost bitcoins because of automatically generated change address which typically were not present at the other computer.

3.The source can always be seen, Hence alot of devs here like gmaxwell started projects like zerocoin. (did I get the name right?)

In regards to number 2, you do not want to run the same address on multiple computers.  Things can get messed up.  Change addresses are different between the multiple machines for instance.  If you really must have wallets on multiple machines, point them all to a single data directory that is available to them... like if you've got some NAS device.  Backup your wallet.dat frequently (USB sticks, external drives, etc).


What is the change address actually? So the client transfers your bitcoins from one or more of your receiving addresses to the change address (which is automatically and randomly generated?) when a transaction happens?

My question/problem was basically about a situation if one has 2 computers and wants to use bitcoins on both of them. If he receives bitcoins on computer A (let's say it's a desktop computer) then goes travelling and must pay using his laptop (comp B), what is the best solution?


3. Are you referring to the addresses? Like 1askjdwqkjeljqwkDasdaeb4 sent x amount of btc to 1daoeiwqueioquw3h2? Or are you referring to the location of the sender? Confused. Huh


3. By "source of the transaction", they mean the IP address.

I was basically referring to the bitcoin address. So it can be seen even though Bitcoin Core client doesn't show it.?

2  Other / Beginners & Help / Re: Newbie questions about Bitcoin on: April 01, 2015, 03:01:41 PM
Thanks guys. I will consider setting up a client. Or perhaps try mining with some old junk computer. Tongue

To 2: Not at the same time. But on my laptop and desktop computer for example. I will check out other clients too.


To 3: Looks like Bitcoin Core client does not show the source address (it says "unknown") so I'd need another program to see it? Something that browses through the blockchain?


The client shows my current number of bitcoins in "Inputs..." (coin control features be enabled) and there is "Received with address" that is not displayed in my receiving address list, so is this address belonging to me? Does the client transfer all my bitcoins to a new address when a transaction happens?
3  Other / Beginners & Help / Newbie questions about Bitcoin on: April 01, 2015, 10:23:59 AM
Hello, I'm new to Bitcoin, I just installed it and downloaded the mega blockchain. Now I have some questions:


1. Is it beneficial for the Bitcoin network if I have a client running all the time? I do not have sufficient hardware for mining but I could run bitcoind on my server. Can I even benefit from it myself?

2. Is it possible to use the same wallet on multiple computers? How about copying the private keys from computer A and importing them on comp B? Or is this not recommended?

3. I read some old thread and it was said that the source of a transaction cannot be seen. Is it so? The blockchain records all transactions? But how they are shown there? "X bitcoins from A to B" or "X bitcoins to B"?
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