4 ms·
You create a new bitcoin address for every transaction. Some money goes to the actual recipient, and the "change" goes back to your new address. In addition, yo
by swolchok 15y ago
You create a new bitcoin address for every transaction. Some money goes to the actual recipient, and the "change" goes back to your new address. In addition, you can attempt to "launder" bitcoins by executing bogus transactions from yourself to yourself.
Posting a static bitcoin address on your website and saying "send money here" is not considered best practice.
- gulbrandr 15y ago> "Posting a static bitcoin address on your website and saying "send money here" is not considered best practice." Can you explain why?
- swolchok 15y agoIt breaks anonymity. Transactions are public and that static address is public, so anyone can tell how much money that static bitcoin address has received.