Quick question about yoroi wallet. If I receive ADA into

Question

Quick question about yoroi wallet. If I receive ADA into

one of my past wallet addresses, do I need to consolidate everything to the 'newest' wallet address or will yoroi do that automatically?

#ada #blockchain #cryptocurrency #english

0

16.12.2021

6 ответов

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Johnathan Автор вопроса

Consider this scenario. I have groups of people who like to send me ADA. So, I sent my receiving address to that group. In the interim, I keep doing other transactions with other groups of people and keep generating new addresses. So my question is, how would Yoroi sort out all the different payments to all the old and new addresses from all the different groups?

0

16.12.2021

Sydney B

I might have a partial answer to this. The multiple addresses you made are all derived from your public key. You can make many many many addresses from this public key. Yoroi (I think) created these addresses for you and knows your public key, so it is able to keep track of each address that is yours because they all derive from your public key. You can’t know a public key by looking at and address. But if something or someone (like Yoroi) knows your public key, they know your address.

0

16.12.2021

Johnathan Автор вопроса

Sydney B
I might have a partial answer to this. The multipl...

Thank you. Yes, the issue is that I have a *lot* of wallets (generated from my private key) with funds in them. Some have very small balances, others have large balances. So, when I want to pay a particular amount, will Yoroi keep track of all the derived wallet addresses and consolidate all my different balances into a new address on the next transaction?

0

16.12.2021

Juanlot

Johnathan
Consider this scenario. I have groups of people wh...

all the addresses yoroi creates for you belong to the 12 seed words of that wallet. all directions are valid

0

16.12.2021

Johnathan Автор вопроса

Juanlot
all the addresses yoroi creates for you belong to ...

The specific issue is that after a few hundred transactions, i can notice slowdown or other anomalies. I wanna know if there will be some optimization for UTXO consolidation, or even an option to optimize for transaction fees by minimizing data, etc. I was gonna write up a small portion modelled after a few other wallets, but it proved to be more challenging. haha

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16.12.2021

Juanlot · Accepted Answer

Juanlot

A new address is created for each transaction

0

16.12.2021

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Quick question about yoroi wallet. If I receive ADA into

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