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Author Topic: Bitcoin receiving address  (Read 860 times)
SeW900
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July 03, 2011, 09:16:28 PM
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Hi,

Is it safe to show other people and place on websites your Bitcoin wallet receiving address? Couldn't someone forge a wallet with your address and then start receiving your transactions?

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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willphase
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July 03, 2011, 09:21:11 PM
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Your receiving address is a hash of your public key.  This is safe to give to people, because you can only spend the bitcoins sent to an address if you also have the private key, which is safely stored in your wallet.dat

Will

SeW900
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July 03, 2011, 09:23:31 PM
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Makes sense, thanks!

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July 03, 2011, 09:24:15 PM
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hehe, if you don't give them the receiving address, how is people going to pay you?
:p

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July 03, 2011, 09:45:31 PM
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Is it safe to show other people and place on websites your Bitcoin wallet receiving address? Couldn't someone forge a wallet with your address and then start receiving your transactions?

If you care about anonymity, don't display it.  Displaying it links all the funds and transactions to your online persona, and gives away information to anyone who would want to trace the flow of funds.
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