Quote from: beckspace on May 19, 2012, 04:49:56 AM

Quote from: Stephen Gornick on May 19, 2012, 02:26:45 AM

The client tries to keep 100 unused private keys available in a "key pool". So the first time an address from your wallet receives a payment the client then marks that address as being used which brings the number of addesses in the key pool below 100. The client then adds a new one automatically.

Is this true?

I always thought that if I had a backup that was in address 98 (for example), and used the client until address 110 and lose the wallet.dat at that point I'd be screwed.

I thought that the client generated another 100 addresses at once just when the number 100 was reached, good to know it's not that way.

Yes... the idea of a key pool is is to keep the pool full. Swimming on concrete is no fun.