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Author Topic: Multibit hides what address balance is on  (Read 484 times)
theragingwalrus (OP)
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November 20, 2013, 10:00:32 AM
 #1

So I have a multibit .wallet with multiple addresses for receiving (one for receiving money for selling stuff, one for receiving from my mining pool, one for mt gox) but can't figure out where exactly my money is at. I can see my balance, but do I have to piece together from the transaction history what address exactly it's at? Or is multibit (most recent version, 0.5.14) deprecated?
deepceleron
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November 20, 2013, 01:10:59 PM
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You should not have to worry about your addresses in a wallet. The addresses that you have given to people you can label to see when you've been paid by them.

When you send a payment your wallet will compose your transactions from the best choice of previous payments you have received, which could be from the same or different addresses. When you send money, an amount is also sent back to another new wallet address. You only need to know that funds are available, not that they are stored in 20 different payments with 10 different addresses.
theragingwalrus (OP)
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November 20, 2013, 07:37:30 PM
 #3

So this is one of these 'its a feature not a bug' type of things? I hate it when you can't see what's happening under the hood, also addresses are useful for keeping track of what my one mining pool sent me, what my other pool sent me... They're like folders and multibit is forcing you to adopt their 'wallets only for organization' paradigm. I remember clearly that once upon a time you could see the individual address balance in MultiBit, but rolling back to an older version probably isn't smart for safety reasons.
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The addresses that you have given to people you can label to see when you've been paid by them.
Yes, you can label the wallet. Which means that if 20 people pay me rent every month, I have to have at least 20 wallets.
flatfly
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November 20, 2013, 08:11:14 PM
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If you need that feature, you can check out Electrum, which shows address balances.
deepceleron
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November 20, 2013, 09:03:47 PM
Last edit: November 20, 2013, 09:25:38 PM by deepceleron
 #5

So this is one of these 'its a feature not a bug' type of things? I hate it when you can't see what's happening under the hood, also addresses are useful for keeping track of what my one mining pool sent me, what my other pool sent me... They're like folders and multibit is forcing you to adopt their 'wallets only for organization' paradigm. I remember clearly that once upon a time you could see the individual address balance in MultiBit, but rolling back to an older version probably isn't smart for safety reasons.
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The addresses that you have given to people you can label to see when you've been paid by them.
Yes, you can label the wallet. Which means that if 20 people pay me rent every month, I have to have at least 20 wallets.
You can review incoming transactions to see who paid you what, and to what address.

There is no concept of per-address balance that is reasonable to present to users.

I receive a 1 BTC payment to an address I gave you, that address's balance is 1 BTC. I send a 0.01 payment to someone else, that address's balance is now 0. It should remain 0 and should not be reused.

Wait, what? Maybe http://we.lovebitco.in/how-bitcoin-works/transactions/ will give you some insight into the inner workings.

There is a concept of "accounts" in Bitcoin code that may be used by programmers, but it is not exposed or used by the wallet interface.

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