By Tern - 22.03.2020
Bitcoin stealth address
The most basic stealth address scheme was first developed by a Bitcoin Forum member named 'ByteCoin' in , which relies on the Elliptic. As I understand it, the "stealth address" is intended to address a very specific problem. If you wish to solicit payments from the public, say by posting a donation.
Then the scanner checks if one of the outputs of the transaction corresponds to that address.
If it does, then Scanner notifies the Receiver about the transaction. The Receiver can then get the private key of the bitcoin stealth address with their Spend Key.
The code explaining bitcoin stealth address, as a Scanner, to scan bitcoin stealth address transaction bitcoin stealth address how, as a Bitcoin stealth address, to uncover the private key, will be explained later in the TransactionBuilder Other types of ownership section. It should be noted that a StealthAddress can have multiple spend pubkeys, in which case, the address represents a multi sig.
Https://idtovar.ru/address/monero-address-explorer.html you wish to solicit payments from the public, say by posting a donation address on your website, then everyone can bitcoin stealth address on the block chain that all those bitcoin stealth address went to you, and perhaps try to track how you spend them.
With a stealth address, you ask payers to bitcoin stealth address a unique address in such a way that you using some additional data which is attached to the transaction can deduce the corresponding private key.
So although you publish a single "stealth bitcoin stealth address on your website, bitcoin stealth address block chain sees all your incoming payments as going to separate addresses and has no way to correlate them.
Of course, any bitcoin stealth address payer knows continue reading payment went to you, and can trace how you spend it, but they don't learn anything about other people's payments to you.
But you can get the same effect another way: just give each payer a unique address. Rather than posting a single public donation address on your website, have a button that generates a new bitcoin stealth address address and saves the private key, or selects the next longest bitcoin from a long list of pre-generated addresses whose private keys you hold somewhere safe.
Just as before, the bitcoin stealth address all go to separate addresses and there bitcoin stealth address no click at this page to correlate them, nor for one payer to see that bitcoin stealth address payments went to you.
So the only difference bitcoin stealth address stealth addresses is essentially to move the chore of producing a unique address from the server to the client. Indeed, in some ways stealth addresses bitcoin stealth address be worse, since very few people use them, and if you are known to be one of them, it will be easier to connect stealth transactions with you.
The fundamental anonymity weakness of Bitcoin remains - that everyone can follow the chain of payments, bitcoin stealth address if you know something about one transaction or the parties to it, you can deduce something about where those coins came from or where they went.
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