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Author Topic: include a message in a transaction  (Read 2198 times)
fr@nk (OP)
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July 10, 2011, 09:01:33 AM
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Hi all,

when I make a regular bank transaction I have the opportunity to send a message to the recipient, usually a text of what this payment is about (client number , bill number etc.).
Bitcoin is currently lacking such an option. If it shall be used more widely, I believe it is necessary such an option will be included in the client/infrastructure.
Otherwise it is impossible for a bigger company to effectively track payments.
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angelo95
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July 10, 2011, 09:15:48 AM
 #2

To track payment you have to issue a new address every time. This is how it works.  Wink
fr@nk (OP)
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July 10, 2011, 09:25:10 AM
 #3

alright, sending out payments I usually know what I am doing, but I am more concerned about the recipient.

Let's say I sell 10 items with the same price and 8 people pay me, I will have a pretty hard time finding out who did and who did not pay me so far.
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July 10, 2011, 09:27:09 AM
 #4

Let's say I sell 10 items with the same price and 8 people pay me, I will have a pretty hard time finding out who did and who did not pay me so far.
You can create 10 addresses so you can give different addresses to different people.

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fr@nk (OP)
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July 10, 2011, 11:45:28 AM
 #5

is there a limit to the amount of adresses I can assign?
For bigger companies this might be a crucial point.
If I have 100'000 transactions per month that I want to monitor, I would need 100'000 adresses - per month.
Is the system capable of providing that?
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July 10, 2011, 11:51:31 AM
 #6

is there a limit to the amount of adresses I can assign?
For bigger companies this might be a crucial point.
If I have 100'000 transactions per month that I want to monitor, I would need 100'000 adresses - per month.
Is the system capable of providing that?


Can't see any reason why it wouldn't be...

Do you mean, is the address space big enough? In which case, hell yes.

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July 10, 2011, 12:03:58 PM
 #7

Yeah don't worry, address space is huge, and unused addresses will be reassigned.
Just think about those "vanity address" miners, they throw away millions of addresses just to keep the ONE they like Wink .
Alex Beckenham
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July 10, 2011, 12:06:55 PM
 #8

Hi all,

when I make a regular bank transaction I have the opportunity to send a message to the recipient, usually a text of what this payment is about (client number , bill number etc.).
Bitcoin is currently lacking such an option. If it shall be used more widely, I believe it is necessary such an option will be included in the client/infrastructure.
Otherwise it is impossible for a bigger company to effectively track payments.

Tell me, when you pay for something with physical cash, do you write a message on the banknotes first?

I'm pretty sure banknotes are used widely.

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July 10, 2011, 01:08:37 PM
 #9

http://forum.bitcoin.org/index.php?topic=27277.0
Pretty much explains why we never need to worry about running out of addresses!  Wink

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fr@nk (OP)
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July 10, 2011, 01:21:25 PM
 #10

when I pay with physical cash I usually get a receipt on what that cashed was used for and even the receiving business keeps a copy for their records.

But in all thanks for clearing this up for me, when I can issue as many adresses as I want I have a way to track payments, even in a large business environment.

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July 10, 2011, 01:24:09 PM
 #11

But in all thanks for clearing this up for me, when I can issue as many adresses as I want I have a way to track payments, even in a large business environment.

Yes, and you can also issue and ask for separate receipts.

Nicolai Larsen
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July 10, 2011, 01:29:02 PM
 #12

Would still be cool to send a message with the transaction ^^

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July 10, 2011, 01:31:29 PM
 #13

Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

"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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July 10, 2011, 01:34:21 PM
 #14

Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

I think a small twitter like message wouldn't hurt that much.
I for one would like to include my email address along with each payment i send. Just in case the receiver messes up, i can point him to "that payment you received with my email address in it, search for it!".

Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
kokjo
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July 10, 2011, 01:37:06 PM
 #15

Hi all,

when I make a regular bank transaction I have the opportunity to send a message to the recipient, usually a text of what this payment is about (client number , bill number etc.).
Bitcoin is currently lacking such an option. If it shall be used more widely, I believe it is necessary such an option will be included in the client/infrastructure.
Otherwise it is impossible for a bigger company to effectively track payments.
you give address 1 to customer 1. and you will receive payment from customer 1 on address 1. you now knows customer 1 has payed.
you give address 2 to customer 2. and you will receive payment from customer 2 on address 2. you now knows customer 2 has payed.

an address is a hash of a publickey.

the hash is 160 bits long. it means that there is 1461501637330902918203684832716283019655932542976 possible addresses. which should be enough.

now SHUT UP!

"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
kokjo
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July 10, 2011, 01:39:41 PM
 #16

Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

I think a small twitter like message wouldn't hurt that much.
I for one would like to include my email address along with each payment i send. Just in case the receiver messes up, i can point him to "that payment you received with my email address in it, search for it!".
you already can do that. it would not be good. every block would grow very large.

twitter message is what twitter is for.

"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
Nicolai Larsen
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July 10, 2011, 01:45:03 PM
 #17

Huh?

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July 10, 2011, 01:50:43 PM
 #18

Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

I think a small twitter like message wouldn't hurt that much.
I for one would like to include my email address along with each payment i send. Just in case the receiver messes up, i can point him to "that payment you received with my email address in it, search for it!".
you already can do that. it would not be good. every block would grow very large.

twitter message is what twitter is for.

Don't be an asshole. He said twitter like, like 140 characters long, you moron. You really came across as a real asshole on your 2 last posts. Embarrassed

This is the newbie board. If you don't wish to answer newbie questions then STFU & GTFO!
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July 10, 2011, 01:55:37 PM
 #19

twitter message is what twitter is for.

Okay, maybe i'll just twitter my email address along with receiving bitcoin address, everytime i pay.
Unfortunately, i don't twitter .

Now stop sulking, cheer up   Smiley

Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
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July 10, 2011, 02:09:38 PM
 #20

Bitcoin messages would be helpful and handy. Also, if there was bitcoin messages would those messages only be viewable to the sender?
This thread got me thinking about that... i think the answer would have to be yet i suppose in the name of bitcoin
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