the_poet (OP)
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Activity: 1137
Merit: 1035
Bitcoin accepted here
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January 16, 2014, 03:38:07 PM |
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Preamble: as a starter, am I correct in assuming that bitcoin wallets and addresses are synonyms?
How many wallets (addresses) do you have and what are your benefits in having multiple ones?
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Under construction.
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RodeoX
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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January 16, 2014, 03:42:50 PM |
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Wallets create addresses. Therefore a wallet can have hundreds of addresses. Personally I run three wallets. One with no balance. (used for downloading the blockchain). One with a small amount for spending. And one for cold storage of my btc stash.
I don't know how many addresses I have used. Two hundred?
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subvolatil
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January 16, 2014, 03:53:23 PM |
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As much as my wallet can create
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whtchocla7e
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Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
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January 16, 2014, 04:00:18 PM |
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I create millions of new wallets daily.
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Rub3n
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January 16, 2014, 04:03:12 PM |
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I only have a few.
If i sell something tho, and let ppl send it to coinbase, i rather change addresses once in a while or ppl will see how much other ppl have send on the same address.
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Meuh6879
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Activity: 1512
Merit: 1011
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January 16, 2014, 04:18:44 PM |
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1 wallet but re-created every 10 transactions ... i don't want all lines of useless history.
bitcoin can store this ... but i don't want that in my bitcoin-QT.
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2bfree
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January 16, 2014, 04:19:09 PM |
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i got more then a dozen it would be nice if somoene create one software where you can just add a module for a new altcoin wallet or make a web one for all at once then we move bigger amounts to one big software wallet
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Holdaaja
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Activity: 1274
Merit: 1000
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January 16, 2014, 04:20:12 PM |
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With some BTC on it 2 or 3 currently.
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jonanon
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January 16, 2014, 04:24:13 PM |
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A couple for everyday activities and another for savings  |
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the_poet (OP)
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Activity: 1137
Merit: 1035
Bitcoin accepted here
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January 16, 2014, 05:18:09 PM |
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I'm currently using Blockchain.info for my wallet. Can I create more addresses that refer to the same wallet there? Other than a simple way to organize your BTCs, are there any important reasons to have several?
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Under construction.
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Holdaaja
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Activity: 1274
Merit: 1000
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January 16, 2014, 05:25:13 PM |
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I'm currently using Blockchain.info for my wallet. Can I create more addresses that refer to the same wallet there? Other than a simple way to organize your BTCs, are there any important reasons to have several?
Yes you can make as many as you want. Just go receive and press new address. |
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empoweoqwj
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January 17, 2014, 04:42:17 AM |
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Preamble: as a starter, am I correct in assuming that bitcoin wallets and addresses are synonyms?
How many wallets (addresses) do you have and what are your benefits in having multiple ones?
Wallets and addresses are not the same thing. So I don't understand the 2nd question "How many wallets (addresses) do you have and what are your benefits in having multiple ones?" |
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the_poet (OP)
Legendary
Offline
Activity: 1137
Merit: 1035
Bitcoin accepted here
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January 17, 2014, 10:03:16 AM |
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Preamble: as a starter, am I correct in assuming that bitcoin wallets and addresses are synonyms?
How many wallets (addresses) do you have and what are your benefits in having multiple ones?
Wallets and addresses are not the same thing. So I don't understand the 2nd question "How many wallets (addresses) do you have and what are your benefits in having multiple ones?" wallets addresses do you have and what are your benefits in having multiple ones?OK, now my question should be ok. |
Under construction.
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empoweoqwj
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January 17, 2014, 12:01:05 PM |
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Preamble: as a starter, am I correct in assuming that bitcoin wallets and addresses are synonyms?
How many wallets (addresses) do you have and what are your benefits in having multiple ones?
Wallets and addresses are not the same thing. So I don't understand the 2nd question "How many wallets (addresses) do you have and what are your benefits in having multiple ones?" wallets addresses do you have and what are your benefits in having multiple ones?OK, now my question should be ok. It depends on the wallet. But generally, there is no limit on the addresses you can create. |
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fatman711
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Activity: 3
Merit: 0
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January 21, 2014, 05:42:56 PM |
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Yes, I would like to know the answer to that question as well. What is the benefit of having so many addresses? And why does a new address have to be generated each time you make a payment or receive a payment?
What is the difference between tumbling through different wallets or different addresses? What helps to be hidden?
thanks
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MakeBelieve
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January 21, 2014, 05:44:40 PM |
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Doesn't it have a chance to generate a existing wallet therefore someone could have access to your coins?
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On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
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empoweoqwj
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January 21, 2014, 05:55:44 PM |
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Yes, I would like to know the answer to that question as well. What is the benefit of having so many addresses? And why does a new address have to be generated each time you make a payment or receive a payment?
What is the difference between tumbling through different wallets or different addresses? What helps to be hidden?
thanks
Put it this way - if you just use one address, and someone finds out that address is connected to you, they can see all the bitcoin transactions you ever made. Probably not what you want If you use a different address for every transaction, it makes it a much harder job for anyone to track your bitcoin activities. Wallets are a whole different topic really, the main thing is to encrypt it with a strong password, and keep the password somewhere nowhere else can find it. Ideally in your head. |
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the_poet (OP)
Legendary
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Activity: 1137
Merit: 1035
Bitcoin accepted here
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January 21, 2014, 06:00:26 PM |
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Wallets are a whole different topic really, the main thing is to encrypt it with a strong password, and keep the password somewhere nowhere else can find it. Ideally in your head.
I currently use Blockchain.info. Is my wallet simply the collection of my addresses there? |
Under construction.
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Protrader
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Activity: 126
Merit: 100
Time is Money !!
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January 21, 2014, 06:25:38 PM |
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As much as my wallet can create
you can create as much as you want  .. BuT i have only 5 till now |
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empoweoqwj
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January 21, 2014, 06:29:39 PM |
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Wallets are a whole different topic really, the main thing is to encrypt it with a strong password, and keep the password somewhere nowhere else can find it. Ideally in your head.
I currently use Blockchain.info. Is my wallet simply the collection of my addresses there? Well yes, in simple terms, a wallet is really just a way of allocating a bunch of addresses to an "owner". Its actually a collection of "private keys", but thinking in terms of "a collection of bitcoin addresses" is fine. |
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