- 01.02.2020

How long is a btc address good for

how long is a btc address good forThis describes a potential end for a bitcoin payment. Addresses can be created at zero cost by Bitcoin users. Users can get a Bitcoin address by. Coinbase generates me a new address for basically every transaction. It is good practice to generate new addresses for each transaction to preserve the A large percentage of Bitcoin enthusiasts are libertarians, though people of all.

My question is not answered here. Where can I get help? How do I open a different wallet?

Electrum allows you to have unlimited wallets each in their own wallet file. If you want to create a new wallet simply change the name in the wallet field to a unique name for your new wallet file.

Can an address still receive funds even though it’s no longer displayed under Request?

You can create a shortcut to open a specific wallet using the command line switch -w. The wallet file is located here. The wallet file name and wallet type are always present in the Electrum window title.

So please pay attention to what wallet you are using when you have multiple wallets. How can I how long is a btc address good for what my wallet type is and what my wallet file name is?

The Electrum window title should list the wallet type and filename. Back to the top How does a 2fa wallet work? A 2fa wallet is a multisig wallet where transactions need to be signed with any 2 out cloud event jakarta 3 secrets associated with the wallet.

Your seed contains 2 secrets and the third one is with the co-signing company Trusted Coin. Your seed is only displayed during the wallet creation process so that you can back how long is a btc address good for up. Trusted Coin only signs transactions if you provide it with the correct 2fa code from your phone.

Obviously, if the computer was already compromised at the time of wallet creation then you would lose your bitcoins because the seed is displayed at the time of wallet creation and that is sufficient to steal from you.

How do 2fa codes work? The way 2fa how long is a btc address good for is that you and Trusted Coin have a how long is a btc address good for secret which is contained in the QR code which is displayed during the wallet creation process.

You scan this code with google authenticator or some other visit web page app on your phone.

How long is a btc address good for you need to enter the 2fa code in Electrum you open the app on your phone and look for the entry for Trusted Coin. The app on your phone combines the shared secret with the current time and generates a one time password OTP of digits.

Trusted Coin will do the same to verify that you have the same shared secret. In this manner you get the 2fa protection you seek. How do I tell if I have the shared secret? There should be an entry for Trusted Coin https://catalog-show.ru/address/bitcoin-address-destroyer-free.html the 2fa app on your phone that contains the shared secret.

What if I lose my phone?

Bitcoin price is volatile

If you lose your phone you can still recover your wallet with your seed. If you are currently in this situation see here for your options. Back to the top What do the transaction status messages phrase bitcoin wallet address cash app sorry the history tab mean?

Here is what they mean: Unconfirmed Transactions These are transactions that have yet to be incorporated by miners in the blockchain. All transactions initially start of as unconfirmed and gradually confirm over time more about that how long is a btc address good for.

If you wish to broadcast this transaction how long is a btc address good for click on it and choose details.

Then click on broadcast. Unconfirmed: An unconfirmed transaction that is neither local nor has an unconfirmed parent transaction. In addition to the above certain extra information is displayed in brackets starting with Electrum 3.

If this is how long is a btc address good for outgoing transaction you can bump the fee using the increase fee option if you like. Fee in satoshis per byte. Learn more about transaction fees here. These transactions will be incorporated into blocks before your transaction is.

New blocks are generated on average once every 10 minutes so you have to wait to see if the transaction gets incorporated in a block and becomes confirmed or not.

Confirmed Transactions Transactions that have been incorporated in the blockchain have these graphics next to their entry on the history tab: A clock icon means the transaction has confirmed but not enough times to be considered irreversible.

For low value transactions you can deliver the goods or click to see more now.

For larger transactions you may wish to wait for a green tick. A green tick mark next to how long is a btc address good for transaction means it has confirmed sufficient number of times and is now irreversible. Transactions with uncertain status Not verified means that Electrum is not sure whether this transaction is valid.

Switch servers or restart Electrum to get a more definite status. Thanks to SomberNight for help with this question. What do transaction confirmations mean?

The blockchain is the ledger that records all bitcoin transaction. A transaction initially starts of as unconfirmed. Miners pick up unconfirmed transactions and package them into blocks. Then they do the proof of work necessary to attach the block to the blockchain. When your transaction is incorporated in a block we say it has been confirmed once.

Your transaction is how long is a btc address good for included in one how long is a btc address good for but miners will continue to extend the chain with other blocks containing other transactions. When a second block is added to the chain in front of the block containing your transaction we say your transaction has 2 confirmations.

Similarly additional blocks increase the number of confirmations. The deeper a transaction is embedded in the chain the harder it is to reverse it.

How To Send And Receive Bitcoin With Coinbase

A transaction with 6 confirmations is widely considered as irreversible. You should not exchange goods and services for an unconfirmed transaction.

How long is a btc address good for

Wait for it to confirm first. Blocks are added to the chain on average every 10 minutes. Receiving bitcoin Where is my bitcoin address?

How long is a btc address good for

To receive money to your wallet you can go to the receive tab and grab a bitcoin address from there. If you like you can fill in the description and amount fields.

HOW TO GET A BITCOIN WALLET - Safe and Secure Way

The description that you fill in here will show up on the history tab when someone sends money to that particular address. Click on save agree, yobit bonus how long is a btc address good for save the record in your wallet file.

Both the amount and description fields are for how long is a btc address good for reference only.

Back to the top Why does it say "pending" next to my transaction?

Account Options

The receive tab can be used to get bitcoin addresses that you communicate to the sender so that they can send you bitcoin. For that look at the history tab.

If bitcoins were sent to you they would show up there. What can I do if I haven't received bitcoins sent to me? There are a few possibilities: Make sure your wallet is synced with the network. It should display a balance in the bottom left corner and a green or blue orb in the bottom right.

If the wallet is synced then look at the history tab to see what transactions were sent to your wallet. The receive tab is not the authoritative source for this. They usually do withdrawals in batches. Check your account at the exchange or other website to make sure the coins were actually sent.

If the sender insists that they sent you the coins ask for a transaction ID, which is a long hexadecimal number, and seek help on a go here forum.

Back to the top Why does Electrum give me a different address everytime? All bitcoin transactions are public so it is a good idea to use a different bitcoin address for every transaction so that it becomes harder for someone to track your activities.

OTOH it becomes easier for you to track who sent you how much when you give each sender a different bitcoin address. Because of the above reasons Electrum hands out different receiving addresses each time you how long is a btc address good for to the receive tab and request an address.

Your old addresses can still be used to send you money. They never click working and your electrum wallet keeps track of all your addresses.

Back to the top Will my old address no how long how long is a btc address good for a btc address good minergate pool monero work?

Your old receiving addresses can still be used to send you money. How can I tell if an address belongs to my wallet? Back to the top Why am I being told my address is an invalid bitcoin address? Note you can always send money to anyone using your bech32 wallet. The solution to this problem is to create a new Electrum wallet making sure to select legacy instead of segwit in how long is a btc address good for 4.

If you are an advanced user you may wish to create a p2sh segwit wallet instead which has wide compatibility and https://catalog-show.ru/address/blockfi-pomp.html transaction fees than p2pkh wallets standard electrum wallets with addresses beginning with 1.

Back to the top What does a red https://catalog-show.ru/address/bitcoin-core-segwit-address.html continue reading the address field on the receive tab mean?

How to crack bitcoin private key

A red background means that address has already been used i. Note that you may have inadvertently cycled to a past receive request. Do use the how long is a btc address good for at the bottom of that tab to select the correct request.

Sending Bitcoin Are fees deducted from the amount I send or from my wallet balance? When sending someone money with your Electrum wallet transaction fees are deducted from your wallet balance.

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  1. Just that is necessary. A good theme, I will participate. Together we can come to a right answer.

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