Post
Topic
Board Bitcoin Technical Support
Merits 2 from 2 users
Re: generating fresh deposit address (Electrum)
by
nc50lc
on 26/05/2024, 04:13:11 UTC
⭐ Merited by BlackBoss_ (1) ,ABCbits (1)
-snip- i want to tunnel payments through my wallet only (i don't want to use centralized ways to do this for me -snip-),
so i want to generate fresh deposit address with no blockchain history to avoid confusion with transactions etc. i'm using electrum wallet, and using these code languages for my website; HTML/CSS for my frontend/static, and PHP for my backend server.
If you want to exclusively use Electrum:
You can use an "Electrum Merchant" setup which consists of an Electrum wallet on a secured machine and a "watch-only" (read-only) wallet on your website's server.
This provides the basic instructions on how to set it up: electrum.readthedocs.io/en/latest/merchant.html

Take note that Electrum is an SPV wallet which relies on public servers. (if you do not own one)
Most of which have a limit on the number of transactions and addresses they allow to sync.
For higher transaction volume, you must setup your own Electrum server which requires a full node.