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Author Topic: Is it totally safe and ok to show my deposit bitcoin address to the public?  (Read 1504 times)
ghost424
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October 28, 2017, 06:33:34 AM
 #21

Yes, the bitcoin talk profile suggest's that you post your address publicly because it is a sign that you already owning a bitcoin wallet. This is also a sign  that you are trusting the forum and its security. I have not yet heard a report about bitcoin being hacked because the security developers of bitcoin are very efficient. If you also publicly post your bitcoin address, that will be easy for those who are sending payments to your profile very fast. You must never post your private keys and passwords because from there, they can hack your account and they can get your accounts and they can steal your identity.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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bitcoinmagneto
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October 29, 2017, 03:49:57 AM
 #22

Ofcourse it's absolutely risk free to show the address to public because the security of our wallet address depends upon our private key and as long as it is kept secret there would be no problem and your account will be risk free and this also helps us when we want to get funds from others.
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October 29, 2017, 05:38:43 AM
 #23

Yes its totally safe, No one can hack your bitcoin address by seeing it! Hacking bitcoin address is something impossible because of the cryptography used.
So don't worry about that. People can know how much of bitcoin you have using your address, but you can have multiple addresses and use each of them for
whatever you want.
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October 29, 2017, 07:30:36 AM
 #24

Adress reuse is not recommended for privacy, but it is definitely secure.

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October 29, 2017, 06:25:53 PM
 #25

Displaying your Bitcoin ID to public has nothing to do with people because everyone have no idea how many coins do you have in the first place. Nobody can figure out other data or information behind that number of alpha numeric ID unless you also post your keys (that's an impossible to happen though)
Secure your digital key because you wouldn't know what's going on with your device. But the safest way to secure your Bitcoin key is to use hardware key that is also can be bought online and your hardware key that the only thing or device that holds your Bitcoin key so there's no way hackers can get your key.





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BillyBobZorton
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October 29, 2017, 06:47:55 PM
 #26

Adress reuse is not recommended for privacy, but it is definitely secure.

But how can you accept donations then? In order to accept donations, you need to make your bitcoin public address public, and everyone is going to be able to find out how much you got donated. For example, Wikileaks got more than 4,000 BTC donated, they have been using the same address since 2011, this is a huge problem. But what options did they have?

Is there any way to generate new addresses and guarantee that these addresses belong to you? For example, you click a "donation" button and a new address is generated each time. Im not sure this is possible without additional risks. This is hosted in a website so it could be hacked and pointed to ward's attackers keys so he receives the money.. for example.

Bitcoin still lacks privacy at protocol level.
benjamin11
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October 29, 2017, 09:22:26 PM
 #27

I think its ok to show your bitcoin address to the public. As long as you keep your codes/password/or key private. Anyway the public cant do anything on your bitcoin address unless they want to send or donate some bitcoin on it, which is good on your part. But of course it still depends on your preference. If the address links to your identity, and you want it to be private, then don't post it on public. Your address is like your bank account online. Just like your bank account, you must keep it secure.
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October 29, 2017, 09:41:25 PM
 #28

Nothing wrong to show your deposit address to the public. To keep thing private and safe you need to create a wallet only for this purpose where you will give people the bitcoin address where to receive money if you will receive donations. You can keep this address in a separate wallet while wallets with big balance in them remain strictly private to you.

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October 30, 2017, 02:35:17 AM
 #29

This thread has become a place for spammers to spam exactly the same thing, so it is being locked.

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