Post
Topic
Board Development & Technical Discussion
Re: How long to hack an address that is used to send BTC multiple times?
by
leopard2
on 05/01/2018, 22:59:43 UTC
No matter what you and Nullius say, the fact remains that in the real world, having a fixed address is an advantage from a usability perspective.

Examples: donation addresses, used by the thousands on webpages and signatures. Or exchanges, which use address locking as a security measure. Or address books in each and every client, which would be utterly useless and stupid if you were right. Wink

I do not condone address re-use, but I believe a good crypto should be designed so that security is not compromised when doing it. This related to the technical issue OP is talking about.

Of course for privacy, address re-use is bad. But sometimes you do not need privacy (e.g. paying your phone bill). If you better privacy, use HD wallets which create new addresses automatically. If you want perfect privacy use Monero, Byteball or Spectrecoin - they offer private and public addresses.

But the people I know, real people in the real world, would prefer to send their recurring payments (phone, rent etc.) to the same address. Businesses call such numbers "billing accounts" and they don't change.

I simply oppose the idea of calling address re-use a user fault.

I believe every person has a right to re-use an address or not, it is not up to developers to decide that for them!

Flame me all you want, but don't you whine when idiots flock to (ewwww....) XRP or some other crap.  Sad