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Questioon about signing bitcoin address
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Topic: Questioon about signing bitcoin address (Read 328 times)
Simple_Lord
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Questioon about signing bitcoin address
December 06, 2016, 04:08:08 AM
#1
Hi Guys, anyone will tell me how to sign an bitcoin address, what is that, why must i sign, in what condition only i can sign. Thank You For Explaning
achow101
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Re: Questioon about signing bitcoin address
December 06, 2016, 04:15:02 AM
#2
Read
https://bitcointalk.org/index.php?topic=990345.0
The point of signing a message with a Bitcoin address is to prove ownership of that address. If the address is associated with your account, it serves as proof that you are the owner of the account. That is useful when dealing with account trades or attempting to recover hacked/stolen/locked accounts.
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Simple_Lord
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Re: Questioon about signing bitcoin address
December 06, 2016, 04:20:45 AM
#3
Dear achow101, Thanks for the information given.
jaceefrost
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Re: Questioon about signing bitcoin address
December 06, 2016, 04:21:03 AM
#4
Additionally, signing an address is only effective or can be considered as valid proof if it is staked (posted) from your account for atleast 3 months or even better if it is older.
It will not count as a proof if you just recently stake an address today and sign it today.
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