I read on their website about this but since my English is crappy, I don't really understand. What if I send BTC to a Bitcoin address I used to have? Because now it seem to have changed when I did a minor transaction. I have a $2000 transaction coming up, will it still go to my account or will I lost the BTC because I got a new address all of a sudden?
So I'm trying the new platform along with 22.214.171.124, I type in my bitcoin address. The miner runs all is fine but then a couple of hours later it just changes to an older address and it's as if I didn't mine anything for the past few hours. Anyone getting this error?
Why does my "current bitcoin address" change in Jaxx?
I'm a noob so I realise I am asking a particularly stupid question. But why does the bitcoin address change in my wallet? I thought the bitcoin address was a unique public identifier. how can it change and still associate funds in the ledgeblock chain to my wallet? And I guess the word "current" in "current bitcoin address" implies that it changes and is not a fixed thing. What am I not getting?
I am using the Chrome ledger app. I used to have a one bitcoin address. Then today I started it up and somehow I had to choose bitcoin and segwit again. And now my bitcoin address is different, although my balance is still right. Can someone explain? PS. I'm extra bummed because the old address was easy to recognize.
Bitcoin address changes, still able to recive btc?
So i use GreenAddress as my wallet. but everytime i go to my recive payment i always get a diffrent key. And i wonder how long will i be able to recive money with the adress i had? since i can't find a permenet one and i don't want my money to dissapear or get sent to the wrong person. And no i can't just give out new adress because i will be reciving money from an automated system and i don't know when it sends out. TL:DR My adress i got from greenwallet will i always be able to recive funds if someone sends to it? even if it's 1 month from now. don't really care about the privacy.
Hi I tried to change my bitcoin address on silkroad and got an error. I refreshed my account page and the old address was still there, so i transferred coins to that. The problem now, is that it looks like i have a new address after logging in again. Will i still get my transfer even though it was to the old address ?
Slightly confused on sending bitcoin address (changing address every time)
Ok. I make very small payments to a site which I typically use blockchain.info wallet. I've been doing it for a long time. I always thought if I send address from "My wallet", it will always show up on their end as received from the same address. So I've been creating new wallets, transferring funds (and losing a few cents because I guess the fee wrong, etc). And now i have a big archive of wallets I no longer use. Someone doing the same thing as I do said he uses the coinbase app, and when it sends bitcoin, it uses a new address every time. I am waiting on a few bucks to arrive in my coinbase app so I can look through the options, but I can't really find something. Is this something that is automatic on bitcoin in general, when you send it is sent from a random string address?? I found this article, just want to confirm that I can use my main wallet on blockchain to keep sending small amounts so that when it displays on their end, it shows a different address. "Murch is correct. There is no such thing as a sending address, only receiving addresses. The core application you installed created for you a private key, automatically. This private key is like a fingerprint. There is a mathematical 'certainty' that you are the only person in the entire world who holds that private key. With that private key, your bitcoin core application is able to sign and encrypt special messages which tell the network that you 'own' coins sent to specific addressees. Addresses, to which bitcoins are sent, are generated from the private key using Elyptic Curve Cryptography. These functions are one way, and mathematically impossible to reverse. This means you can generate many addresses from one key, but you cannot generate the key from any of the addresses. The math works only in one direction." Thanks
Bitpanda Bitcoin Address changed! Old Address still valid!?!?
Hi, I have a BitPanda account with you and i had a bitcoin wallet address. I noticed you changed my address for bitcoin, but my miners are set to the original address. The miner progress only supports sending to the original address until the next payment loop. I really didnt want my address to change especially without warning. However, if the payment goes to the old address will it be sent to my current address automatically or do you somehow mindlessly destroy the old address without warning. There is no chat or support so im having to post on this forum. I would really appreciate a reply so I know whether I can send to that old address the coins i have to bitpanda and have it show in my account or have to literally cut those as loses because u changed my address. I am new to this so i apologise if its obvious. Any help from someone who actually knows or preferably someone from bitpanda would be appreciated. Thanks
Has anyone ever seen their bitcoin address change on their wallet? I had mine save when sending from a Binance account but noticed has changed. I accidentally sent to the old address and it did arrive but I found it strange how the address is different.Has anyone experienced this?
So I have had a shakepay acct for at least a couple of years now. My receiving bitcoin address has always been the same. Until now. Today when I selected "add funds" and "bitcoin" I was shown a new bitcoin address. Starts with a "3". My usual address started with a "1". Has anyone else recently had their receiving bitcoin address changed to a segwit address?
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semi-quick answers to common questions of new people
so people often ask similar questions over here and because they are getting probably kinda annoying over time to many I just try to answer as many as I find. if you have more that would fit here, add them to the comments
can I recieve coins without the ledger being connected to a computer
how does that work?
basically crypto currencies work like a bank-only currency, all funds are in the Consensus network which basically works like the bank of the currency, they carry out the transactions and verify you are not trying to overspend. all transactions are basically in an accounting book which is referenced to check your currency balance (which is the blockchain)
tldr: does your debit card need to be online for your account to recieve funds? nope.
I just sent/recieved coins, why are they not showing yet?
as the cryptocurrency's bank while being central to the currency (as in no currency can ever leave the network) the bank in itself is not a central institution but anyone can be part of it, and one of the major things that need to exist because of this is Consensus, or in plain english: agreement. because of this, a few blocks need to pass so nobody can manipulate the chain by calculating a different chain that overrides a transaction with a different one (double-spending)
tldr: the network of many needs time to agree whose transactions are processed in what order and therefore need a bit of time
(which in case of bitcoin is typically an hour after the transaction has set into a block)
my transaction does not get into a block
chances might be your fees are too low, while you cannot directly fix this in Ledger live, other wallets allow you to send another transaction with the same "transaction number" (aka nonce) and higher fees which as soon as it gets placed into the chain, invalidates the old one as each number can only be used once.
my bitcoin address changes everytime I try to recieve in Ledger live, is that normal?
yes. it is a privacy mechanism of the standard of how ledger generates addresses, basically allowing you to stay a little bit more private.
you CAN use your old addresses if you really want but it is obviously less private
how does that work and how do I make sure the address is correct?
simply said: complex math. if you for example enter "my secret -> Bitcoin 1" into the sha256 algorithm you get 3f667104b9efdc247d860a35d9343ec2af6adf16ee87d44bcd4a6c2af572bab8, if you however enter "my secret -> Bitcoin 2", you get 58f5c09c46585dca9bf50b2d3beb48766254138c1f89df8111cf7e012b4d7004 which cannot easily be correlated to each other, it's the same concept but more complicated.
for verification, plug in your ledger when recieving and verify your address by using the Ledger's display.
do I need to backup my currency keys often?
nope and in fact there is nothing to backup except your seed phrase. Ledger uses a technique called deterministic wallets, which allows your secret and a standardized sequence of math operations to determine your keys addresses and everything.
the above answer literally illustrates the concept, where you would throw your secret and data about which currency and the how many-th account you need into a complex piece of math and get your data out.
TLDR: all you need are your 24 words.
can I create hidden wallets on my ledger which cannot be easily accessed?
sure. but be warned, THIS IS ADVANCED.
there is a feature called a passphrase, which you can add onto your 24 words (which is why it is sometimes called a 25th word, but it can literally be anything), which works as a way to create a new set of addresses. however unlike your 24 words, there is no checksum and as it can literally be anything it is case sensitive and everything, so be careful when noting it down.
you can either attach the passphrase temporarily (gone when you turn off your ledger) or set up a second PIN with that passphrase stored on your ledger
HELP: I lost my:
if you have your 24 word seed (and passphrase if you use it, you can just reset by entering 3 wrong PINs and recover
if not, sorry, your assets are gone, so KEEP A BACKUP OF YOUR SEED
Ledger Passphrase PIN:
if you have your passphrase, just enter your main PIN and re-attach your passphrase
if you have your ledger PIN, you can move away your coins to an exchange or a new seed (which you either initialize using a second ledger or you use a software wallet for the short term while being SUPER careful (or as a compromise, new 24 words you generate offline) and transfer your funds over there, in case you used a software wallet or an exchange, reset your ledger afterwards and create a new set of 24 words and transfer back to them.
in case you use a passphrase you either need both PINs or main pin and passphrase
in case you do not have the above, it's sad and all is gone yet again.
if you have a passphrase PIN and you know it, you can TEMPORARILY attach a new phrase to your ledger to get new addresses, switch back to the passphrase using your PIN and send the funds over to your new passphrase's addresses.
if not, be sad.
Ledger Live Password
you can just reset ledger live. ledger live is just an application to watch your currency and prepare transactions for your ledger to sign. its contents LITERALLY DONT MATTER
if you dont need the privacy added by the password you can set up ledger live without any password as well.
long story short: your ledger live password doesnt matter, your PINs dont matter too much, but SERIOUSLY, BACKUP YOUR SEED AND PASSPHRASE
I cannot recover, why cant the Ledger makers help me?
unlike in a real life bank which can verify your human identity and issue new keys, to the Consensus network, YOUR KEYS ARE YOUR IDENTITY, and your 24 words are effectively your keys. aside from your backup THERE IS NO BACKUP.
Someone claims to be from [Ledger, the Police, the network of a coin etc.] and wants my 24 words/passphrase to verify something, should I tell them.
I did say your ledger effectively is your debit card, and your 24 words and passphrase are effectively a template for making a new one with full access to your account. and unlike a debit card in real life might have, there are no spending limits aside from the fact you cannot go below zero, and there is no fraud department, or chargeback.
IF ANYONE HAS YOUR KEYS, THEY CAN EMPTY YOUR ACCOUNTS, ALL OF THEM.
Hi, I'm a bit of a newb here but I had a question about the wallet addresses for Bitcoin: I noticed that the addresses change for Bitcoin over time. For example, I have a Swan account that basically dollar-cost averages with withdrawals from my fiat bank account. I can set up an auto-withdrawal from the Prime Trust account that handles the purchasing of the Bitcoin, but I need to obviously give them my Bitcoin address on my Ledger. The problem is that I have noticed that my Bitcoin address changes over time: the address that I put into the auto-withdrawal a few weeks ago is different from the one that I have now to move Bitcoin to my Ledger from exchanges, for example. So my question is, are the "old" Bitcoin addresses that I had and put into the Swan portal for the auto-withdrawal "inactive"? Will I lose the Bitcoin if it attempts to withdraw to those "old" addresses? Thank you!
Once your public address receives an incoming payment, a new address will automatically be generated and display when you click on Request. If you use the same address each time you receive funds, it becomes easy for anyone to track your entire payment history. When explaining a Bitcoin transaction to beginners they always seem to struggle with the concept of change output or change address.. They think when a transaction is sent from a wallet address that holds a certain amount of bitcoin, let's say 10, the transacted amount is simply extracted from the overall balance.. Furthermore, they think this repeats with each consecutive transaction until ... Bitcoin wallet has a feature of changing address to ensure that you are being provided with an unique address every time you make a transaction. Not all wallet types, but specifically HD wallets. This is done to protect your privacy and it’s a basic security protocol build into Bitcoin network. With the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also ... When checking your crypto address from your primary account page, you may have noticed that the address currently displayed differs from one you have seen listed in the past. We automatically generate a new address for you after every transaction you make or when funds are moved between your wallet and our storage system.
How to get a Bitcoin Wallet Address - FREE & in under a minute - Duration: 16:19. Moocharoo 15,011 views. 16:19. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. This is how Bitcoin’s change addresses work. ... How to create a Bitcoin vanity address - Duration: 3:37. 99Bitcoins 1,886 views. 3:37. 19 Industries The Blockchain Will Disrupt - Duration: 9:57. If you want to someone to send you money to your Bitcoin account, Give them this address. you may donate to our network via Bitcoin as well :) Bitcoin addres... He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.