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You should incorporate firstbits into the system as well. That will make it very handy and better than most current online tools. Instead of remembering a whole

You should incorporate firstbits into the system as well. That will make it very handy and better than most current online tools. Instead of remembering a whole Bitcoin address, the first 6-7 characters would do. Will make usability better as well (I know there's debate about whether firstbits are good or evil, but it would still be interesting to include that feature).

TazeTSchnitzel 12y ago
What would it do if multiple addresses share those bits?
- icebraining 12y ago
  Any time a Bitcoin address is used for transactional purposes and appears in the block chain, its firstbits - or the prefix that uniquely identifies that address within the block chain - are considered assigned at that time. If another address is created and used with the same prefix at a later time, the firstbits of that new address will be at least one character longer, as the shorter prefix remains reserved for the address that used it first. https://en.bitcoin.it/wiki/Firstbits https://en.bitcoin.it/wiki/Firstbits
  - benmanns 12y ago
    Ah, that's pretty cool. Otherwise you can use things like vanitygen to create a similar address. I just created https://duckduckgo.com/?q=1NhLgwwuiyVsBuk3NgJHDztZZ6ejBySbsj https://duckduckgo.com/?q=1NhLgwwuiyVsBuk3NgJHDztZZ6ejBySbsj
MichaelGG 12y ago
The Bitcoin wiki seems to view firstbits as a very negative thing. From a quick reading, it looks like yet another "Real Names" attempt, but this time for bitcoin addresses. The wiki even says the founder of firstbits went around generating a bunch of addresses to get the "good ones". https://en.bitcoin.it/wiki/Firstbits https://en.bitcoin.it/wiki/Firstbits
- maaku 12y ago
  That's not really their utility though. The value of firstbits is that you just type the first few bits of the address you want to look up and hit enter. It's like auto-complete.
  - MichaelGG 12y ago
    Except it depends on that address being previously used. Otherwise people can attack it by entering a shorter prefix leading to another wallet. If I know you're gonna send to 1234567890, I'll go register 1234567899, so if you just type in 12345, it hits my account.

TazeTSchnitzel 12y ago

What would it do if multiple addresses share those bits?

icebraining 12y ago
Any time a Bitcoin address is used for transactional purposes and appears in the block chain, its firstbits - or the prefix that uniquely identifies that address within the block chain - are considered assigned at that time. If another address is created and used with the same prefix at a later time, the firstbits of that new address will be at least one character longer, as the shorter prefix remains reserved for the address that used it first. https://en.bitcoin.it/wiki/Firstbits https://en.bitcoin.it/wiki/Firstbits
- benmanns 12y ago
  Ah, that's pretty cool. Otherwise you can use things like vanitygen to create a similar address. I just created https://duckduckgo.com/?q=1NhLgwwuiyVsBuk3NgJHDztZZ6ejBySbsj https://duckduckgo.com/?q=1NhLgwwuiyVsBuk3NgJHDztZZ6ejBySbsj

MichaelGG 12y ago

The Bitcoin wiki seems to view firstbits as a very negative thing. From a quick reading, it looks like yet another "Real Names" attempt, but this time for bitcoin addresses. The wiki even says the founder of firstbits went around generating a bunch of addresses to get the "good ones". https://en.bitcoin.it/wiki/Firstbits https://en.bitcoin.it/wiki/Firstbits

maaku 12y ago
That's not really their utility though. The value of firstbits is that you just type the first few bits of the address you want to look up and hit enter. It's like auto-complete.
- MichaelGG 12y ago
  Except it depends on that address being previously used. Otherwise people can attack it by entering a shorter prefix leading to another wallet. If I know you're gonna send to 1234567890, I'll go register 1234567899, so if you just type in 12345, it hits my account.