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Topic
Board Beginners & Help
Re: what about privacy? if all transactions are public, you can easily trace account
by
Foxpup
on 02/01/2013, 09:41:20 UTC
wait, so you're saying that most merchants have a different address, one for EACH client? and they use some program to manage ALL those different addresses?!
No, not one address for each client, one for each transaction. A single client who makes several different purchases will (normally) be given a separate address for each one. It's not difficult to manage at all. Most merchants will already have a database to keep track of individual orders; the bitcoin address that goes with each order is just another entry in that database, and it's easy to automatically monitor these addresses for incoming payments (and a payment processor such as BitPay will do the latter automatically).