We don't know how they define addresses by time held? Ex:

Question

We don't know how they define addresses by time held? Ex:

1 address has 20 BCH, they spend and replace around 5 BCH regularly.

Would this address be included in 1 year+ holders?

#bch #bitcoincash #cryptocurrency #english

0

28.03.2024

6 ответов

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Kush C Автор вопроса

JF
but that would be atypical, most people use fresh ...

Really? Sorry if I come across as ignorant. It's because I am. Why and how does someone use a fresh address for each transaction? Cause I am using the same one 😂😂

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7 месяцев назад

JF

Kush C
Really? Sorry if I come across as ignorant. It's b...

if you tell Alice to send you some coins and you tell Bob to send you some coins on the same address, then Bob could see what Alice sent you on the block explorer, so the reason to use a fresh address is privacy

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7 месяцев назад

Dustin 🪐

JF
but that would be atypical, most people use fresh ...

That might be changing for better or worse, Paytaca and Canonize both do single address by default, things like Pay4Best would as well, and I wouldn't be surprised if milticoin wallets also do.

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7 месяцев назад

Dustin 🪐

JF
if you tell Alice to send you some coins and you t...

Address reuse also slightly reduces security wrt brute force attacks, right? I mean, after the first UTXO is spent it would take less consecutive solar deaths to brute force the PK if using the info exposed to send?

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7 месяцев назад

JF

Dustin 🪐
Address reuse also slightly reduces security wrt b...

right, spent addresses have only 128 bit security instead of 160 bit security

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7 месяцев назад

JF · Accepted Answer

JF

but that would be atypical, most people use fresh address on each tx

0

7 месяцев назад

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We don't know how they define addresses by time held? Ex:

6 ответов

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