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Author Topic: instawallet question  (Read 1329 times)
drknow012
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May 08, 2012, 08:50:23 PM
 #1

when you create a new address with instawallet.org's api services, it creates a wallet and gives it a <wallet_id>

my question is, this wallet id, is it simply the private key? or is it generated by the instawallet website?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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davout
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May 09, 2012, 09:59:05 AM
 #2

It is a unique ID that has no link with the private key of the wallet address.

That is how it is generated (Ruby) :
Code:
def set_key
  if key.blank?
    self.key = SecureRandom.base64(25).gsub(/[\+\=\/]/, '')
  end
end

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May 09, 2012, 02:43:28 PM
 #3

so is it possible to get the private key from an instawallet address?

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May 09, 2012, 08:07:28 PM
 #4

so is it possible to get the private key from an instawallet address?
No, because of the way Instawallet works.

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May 09, 2012, 08:55:24 PM
 #5

roger, thx for the help

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