Post
Topic
Board Beginners & Help
Re: what about privacy? if all transactions are public, you can easily trace account
by
niko
on 03/01/2013, 00:10:31 UTC
thanks i think i understand now

but what manages all those addresses!? what program...payment manager

so if this 'manager' were to pay an address 100 btc, it would transfer funds from say 250 different address to that 1 address? and this entire transaction would be all under yet a new and unique address?



These are good questions, and are answered - along with many more - in the Wiki. The FAQ section is a good place to start. Another good resource is the Stack Exchange. Finally, technical reference paper ("the" Bitcoin paper) is available for download from bitcoin.org.

Have fun, and keep in mind that Bitcoin is still in its infancy, going through growing pains and exciting times...