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Author Topic: Can I create a wallet in my BTC Server?  (Read 562 times)
pedroruids (OP)
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February 05, 2017, 04:21:06 PM
 #1

Hi there,

I am new around here, so plz forgive me if I am doing stupid questions, I need some help to understand some things.
I am starting a project that will somehow do something like coinbase and I have some very basic questions. Assuming that I am running a full node:
-Can create independent wallets in my system, right? I mean, if a user do a registration and logs in I can create a wallet for this user?
-Does the server has like a special wallet, like the main wallet that I can use as the system wallet, or do I need to create to the admin?

Thanks very much for you help
achow101
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February 05, 2017, 04:31:37 PM
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That is all up to you. Right now, if you used Bitcoin Core, you would not be able to create individual wallets for each user. In fact, most services don't do this anyways. They will give users addresses to deposit Bitcoin into and those addresses are simply part of the main wallet of the service. They then store in a database the amount the user has in their account. When someone withdraws, it debits that amount from their account and just sends from the wallet, not specifically from the addresses that the user used when depositing.

pedroruids (OP)
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February 05, 2017, 04:46:19 PM
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Hi achow101,

Thanks for your answer, that was exactly my confusion. So, my server is my wallet. The management will be done in the DB.

Thanks!
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