Bitcoin Forum
May 27, 2024, 03:06:46 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Sharing BIP32 extended master public key  (Read 776 times)
jgmBitcoin (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 8


View Profile
May 26, 2016, 01:30:50 AM
Merited by ABCbits (1)
 #1

I have User A who generates BIP32 Master Public and Private Keys. It shares the Master Public Key with User B.

Using the Master Public Key User B generates Address of A and Issues bitcoins from Address of B to Address of A.

Will the transaction be received in wallet of User A, if User A knows the index used by User B. ?

The main idea is that User A don't want to share its receiving address with User B. Instead of that User A must find out itself from the Master Public Key.
achow101
Moderator
Legendary
*
expert
Offline Offline

Activity: 3402
Merit: 6659


Just writing some code


View Profile WWW
May 26, 2016, 01:56:31 AM
Merited by ABCbits (1)
 #2

I have User A who generates BIP32 Master Public and Private Keys. It shares the Master Public Key with User B.

Using the Master Public Key User B generates Address of A and Issues bitcoins from Address of B to Address of A.

Will the transaction be received in wallet of User A, if User A knows the index used by User B. ?

The main idea is that User A don't want to share its receiving address with User B. Instead of that User A must find out itself from the Master Public Key.

Yes. User A will see the transaction appear in his wallet.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!