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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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drawoc
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Activity: 168
Merit: 100
Firstbits: 175wn
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July 06, 2011, 12:01:30 AM |
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That just means that when you first get a new wallet, it generates 100 new addresses, and puts them in your wallet. From then on, whenever you hit the "New address" button, you get one of those 100 addresses that was already in your wallet, but hidden from you. If you run out of those 100 addresses, another 100 are placed in your wallet.
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Donate: 175WNXmJ1WVhFgVGKUqEhYtAQGRYAvqPA
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koin
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Activity: 873
Merit: 1000
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July 06, 2011, 12:40:45 AM |
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If you run out of those 100 addresses, another 100 are placed in your wallet. i believe how it works is that as you use addresses from the pool, the pool is replenished so that it has 100 (by default, or whatever level is specified for the keypool size) |
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drawoc
Full Member
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Activity: 168
Merit: 100
Firstbits: 175wn
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July 06, 2011, 01:10:31 AM |
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i believe how it works is that as you use addresses from the pool, the pool is replenished so that it has 100 (by default, or whatever level is specified for the keypool size)
Read up on it more, and he's right. I stand corrected. |
Donate: 175WNXmJ1WVhFgVGKUqEhYtAQGRYAvqPA
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codler (OP)
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July 06, 2011, 07:20:09 AM |
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If you run out of those 100 addresses, another 100 are placed in your wallet. i believe how it works is that as you use addresses from the pool, the pool is replenished so that it has 100 (by default, or whatever level is specified for the keypool size) So if I use 1 of 100 reserved addresses it will reserve 1 more address from pool so it has 100 addresses again? |
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Pieter Wuille
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Activity: 1072
Merit: 1174
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July 06, 2011, 09:41:34 AM |
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So if I use 1 of 100 reserved addresses it will reserve 1 more address from pool so it has 100 addresses again?
Exactly. The reason for this is backups: if you have not used 100 extra addresses since your last backup, the backup will still have all necessary private keys. |
I do Bitcoin stuff.
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codler (OP)
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July 06, 2011, 10:23:37 AM |
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Thanks for the answers!
One more question. Are the reserved addresses stored locally or online?
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kokjo
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Activity: 1050
Merit: 1000
You are WRONG!
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July 06, 2011, 12:13:48 PM |
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Thanks for the answers!
One more question. Are the reserved addresses stored locally or online?
in wallet.dat. very locally. |
"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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codler (OP)
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July 07, 2011, 07:25:51 AM |
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Thanks for the answers!
One more question. Are the reserved addresses stored locally or online?
in wallet.dat. very locally. In that case. If you have two computers with same wallet and then make 100transations on each computer, they will have different reserved addresses, right? Will that be a problem? |
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kokjo
Legendary
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Activity: 1050
Merit: 1000
You are WRONG!
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July 07, 2011, 08:06:16 AM |
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Thanks for the answers!
One more question. Are the reserved addresses stored locally or online?
in wallet.dat. very locally. In that case. If you have two computers with same wallet and then make 100transations on each computer, they will have different reserved addresses, right? Will that be a problem? no. i don't think so. but the current client haves a few bug, so if something from the wallet gets transfered, the other client gets confused. but a bitcoin -rescan will fix it. |
"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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