Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - BLOOM - ONLINE - new virtual fork 1:0.5 of Bitcoin
by
minestro
on 18/11/2017, 20:01:43 UTC


                                                                    Dev Team why not use Single Address wallets?

Byteball switched there multi sig wallets to single address wallets because they had a lot of complaints from there users that the wallet was to difficult and confusing to use especially for things like the Airdrops, I know security concerns are a issue but could the Dev team at least open up the idea for discussion between themselves and the community to see what people think of the idea, i might be having the wrong idea for even suggesting this but i would prefer a simpler wallet.
You leave me speechless... Security is not only an issue, it's one of the main concepts of crypto currencies and one time usage of addresses is also one of them. Because the first time you sent coins from an address it's public key pops up in the blockchain and therefore is vulnerable.
And please stop always talking about multisig wallets. They have nothing to do with what you mean. A multisig wallet or address is a completely other concept then the reuse of addresses. If you want to know what multisignature means, have a look here: https://en.bitcoin.it/wiki/Multisignature