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qopel
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August 06, 2014, 10:21:29 PM
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I just downloaded and synced bitcoin Core.

So what address do I use to receive bitcoins?

It doesn't seem to tell me what it is.

When I click request payment, it generates a new address every time.
I don't want a new wallet address for every transaction. I'll never be able to keep track of them all.

I just want one address to use with this wallet. Is that even possible???

What am I doing wrong?
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saddambitcoin
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August 06, 2014, 10:24:55 PM
 #2

I just downloaded and synced bitcoin Core.

So what address do I use to receive bitcoins?

It doesn't seem to tell me what it is.

When I click request payment, it generates a new address every time.
I don't want a new wallet address for every transaction. I'll never be able to keep track of them all.

I just want one address to use with this wallet. Is that even possible???

What am I doing wrong?

It is recommended to use a new address every time - for privacy and for security. You can simply reuse the same receiving address but it is not best practice. Lots of people do it though.

Your Bitcoin Core wallet has already generated a pool of (100) addresses for you to use. Every time you hit "request payment" it shows you another one. 


qopel
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August 06, 2014, 10:30:33 PM
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It is recommended to use a new address every time - for privacy and for security. You can simply reuse the same receiving address but it is not best practice. Lots of people do it though.

Your Bitcoin Core wallet has already generated a pool of (100) addresses for you to use. Every time you hit "request payment" it shows you another one. 




So if I post an address on a website and multiple people sent bitcoin to it I'll be OK? I'll get all the coin?

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.  WTF? I thought it was safe to post and use an address?
 
Quokka
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August 06, 2014, 10:36:01 PM
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So if I post an address on a website and multiple people sent bitcoin to it I'll be OK? I'll get all the coin?

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.  WTF? I thought it was safe to post and use an address?
 
Yes, it's fine to use a single address if that's easier. The reason people use multiple addresses, however, is because all Bitcoin transactions are entirely public and recorded and so using a different address for each transaction is a good way to retain privacy.
qopel
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August 06, 2014, 10:39:21 PM
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OK, but I heard darkcoin is private. Wouldn't that be better to use than bitcoin then?

Or will bitcoin start to use darkcoin technology to be private?
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August 06, 2014, 10:51:40 PM
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OK, but I heard darkcoin is private. Wouldn't that be better to use than bitcoin then?

Or will bitcoin start to use darkcoin technology to be private?

I think it is best for you to begin to do more research on both Bitcoin and Darkcoin before asking questions about being "private" (which is more commonly referred to as anonymity).

http://en.wikipedia.org/wiki/Bitcoin
http://wiki.darkcoin.eu/wiki/Main_Page
justusranvier
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August 06, 2014, 11:01:45 PM
 #7

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.
No, addresses are not account numbers.

Addresses are single-use payment identifiers.

Using the same one more than once is a security and privacy vulnerability.
qopel
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August 06, 2014, 11:07:53 PM
 #8

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.
No, addresses are not account numbers.

Addresses are single-use payment identifiers.

Using the same one more than once is a security and privacy vulnerability.

OK, so how do you get a mass amount of people to donate bitcoins to you securely??
Put out 100 different ads with different addresses?!? Seriously?
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August 06, 2014, 11:09:22 PM
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OK, so how do you get a mass amount of people to donate bitcoins to you securely??
Put out 100 different ads with different addresses?!? Seriously?
That's precisely what stealth addresses are good for.

You're right that it's a travesty that only two clients are interested in incorporating them at the moment.
qopel
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August 07, 2014, 01:33:05 AM
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That's precisely what stealth addresses are good for.

You're right that it's a travesty that only two clients are interested in incorporating them at the moment.
[/quote]


...and how does one get one of these amazing "stealth addresses"?
justusranvier
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August 07, 2014, 01:40:33 AM
 #11

...and how does one get one of these amazing "stealth addresses"?
Right now, the only option unfortunately is to use Dark Wallet.

If you really need to receive donations from hundreds of people and stealth addresses are not practical yet (they aren't) then you should set up a web site where donors can go to be given a unique donation address.

Alternately you can add to the privacy pollution by giving out a single static donation address. That's a solution that's easy for you and will cause harm to other people in the future, but lots of other people are doing it...
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August 07, 2014, 01:43:05 AM
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It is recommended to use a new address every time - for privacy and for security. You can simply reuse the same receiving address but it is not best practice. Lots of people do it though.

Your Bitcoin Core wallet has already generated a pool of (100) addresses for you to use. Every time you hit "request payment" it shows you another one.  




So if I post an address on a website and multiple people sent bitcoin to it I'll be OK? I'll get all the coin?

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.  WTF? I thought it was safe to post and use an address?
 

LOL.

It is safe to post and use a public address anywhere you want to receive bitcoin.

Just use common sense and realize that the blockchain is completely public and people can track  your transactions if they so wished, based on linking your identity to a certain address and following it through other known addresses.

If you are interested in real anonymous coin privacy you should look into Monero - it uses ring signatures and has  anonymous capability right now. Very early stages so it is not user friendly for everyone. Darkcoin is just marketing.


qopel
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August 07, 2014, 01:45:58 AM
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This stuff is getting waaaay too complicated and insecure for the average user.
I now doubt seriously that bitcoin can become main stream with all the problems with it.

Oh well
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August 07, 2014, 07:23:00 AM
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[...] I'll never be able to keep track of them all. [...]

You don't need to, the software does it for you.

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qopel
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August 07, 2014, 01:13:17 PM
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[...] I'll never be able to keep track of them all. [...]

You don't need to, the software does it for you.

The software generates the addresses, but I have to figure out who I give what address to.

With paypal, you just give your e-mail address.

With bitcoin you got some crazy random address and if you get one digit wrong...oh well. All transactions are final.

And the block chain is already at 20gb. What happens when it's 20tb?

and it's so easy to lose your coins. Just lose your password, or have your hard drive blow up.
and people have been able to steal bitcoins.

This will never catch on main stream.
Quokka
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August 07, 2014, 01:41:33 PM
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and people have been able to steal bitcoins.
Right, completely unlike PayPal, credit cards, or online bank accounts obviously. Every problem you've pointed out has a solution and it doesn't seem like you have much interest in figuring that out.
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August 07, 2014, 02:36:08 PM
 #17

With bitcoin you got some crazy random address and if you get one digit wrong...oh well. All transactions are final.

You can not get one digit (or letter) wrong, the Bitcoin public address has a checksum, if you enter a wrong digit software will notify you before you can send a transaction.
qopel
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August 07, 2014, 02:42:24 PM
 #18

and people have been able to steal bitcoins.
Right, completely unlike PayPal, credit cards, or online bank accounts obviously. Every problem you've pointed out has a solution and it doesn't seem like you have much interest in figuring that out.

I didn't invent BitCoin. I want to use it. Why should I figure it out?
Aren't there enough computer nerds?
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August 07, 2014, 02:49:01 PM
 #19



It is recommended to use a new address every time - for privacy and for security. You can simply reuse the same receiving address but it is not best practice. Lots of people do it though.

Your Bitcoin Core wallet has already generated a pool of (100) addresses for you to use. Every time you hit "request payment" it shows you another one. 




So if I post an address on a website and multiple people sent bitcoin to it I'll be OK? I'll get all the coin?

100 addresses? That's insane. That's like going to the bank and them giving you 100 checking account numbers.  WTF? I thought it was safe to post and use an address?
 

Rather look at those 100 addresses like you've been given 100 individually coded cheques Smiley
qopel
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August 07, 2014, 02:50:59 PM
 #20


Rather look at those 100 addresses like you've been given 100 individually coded cheques Smiley

I'm trying to receive money, not pay money!
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