Post
Topic
Board Electrum
Re: Leave btc in Change address? Or move it to regular address?
by
m3110w
on 21/03/2015, 10:30:20 UTC
OK, thanks for the info. I turned off the change address in my wallet. Is there any advantage to using Change Addresses? Thanks,
Not using the same address over and over is a huge plus for privacy.
Disabling change addresses means that bitcoin sent from address "1ABC..." will ALWAYS send change to "1ABC..." only.
So I can 100% certainly know your entire balance whenever I want.
If you send to a new address each time, I can guess. I can maybe guess with a high amount of certainty, but I will never know 100% that the second address in the transaction is yours.

OK, thanks. Privacy is good so I turned the change address back on. Now I understand more clearly about using different address to receive. I'll do that.

Hmmm... There's *lots* of subtle layers to this crypto currecy world. I'm kind of geeky so I really like learning this stuff. But I'm sure the vast majority of regular people would have no patience to learn all the required technical details. And I'm guessing lots of smart people are now working hard to figure out how to make it easier for regular people.

Cheers,