BitShares Forum

Main => Technical Support => Topic started by: monsterer on January 18, 2015, 11:53:32 am

Title: Feasible? using wallet_import_private_key to replicate bitcoin's getnewaddress?
Post by: monsterer on January 18, 2015, 11:53:32 am
A common merchant workflow is to generate a new bitcoin address for every site user, so you can map deposited funds to user.

With bitshares the closest thing you can do is to generate a new private key and then call wallet_import_private_key and hand out the bitshares address to the user.

Is this a feasible workflow, will it scale ok?
Title: Re: Feasible? using wallet_import_private_key to replicate bitcoin's getnewaddress?
Post by: xeroc on January 18, 2015, 01:57:05 pm
help wallet_address_create
Title: Re: Feasible? using wallet_import_private_key to replicate bitcoin's getnewaddress?
Post by: xeroc on January 18, 2015, 02:01:30 pm
... afaik those addresses can be regenerated ..
Title: Re: Feasible? using wallet_import_private_key to replicate bitcoin's getnewaddress?
Post by: monsterer on January 23, 2015, 09:00:06 am
Quote from: xeroc on January 18, 2015, 02:01:30 pm
... afaik those addresses can be regenerated ..

Many thanks - do you know if this will scale to thousands of addresses on a single account ok?
Title: Re: Feasible? using wallet_import_private_key to replicate bitcoin's getnewaddress?
Post by: xeroc on January 23, 2015, 09:22:55 am
Quote from: monsterer on January 23, 2015, 09:00:06 am
Quote from: xeroc on January 18, 2015, 02:01:30 pm
... afaik those addresses can be regenerated ..

Many thanks - do you know if this will scale to thousands of addresses on a single account ok?
From what I remember of some posts of @toast, some exchanges (read: bter.com) having just a single account name and generating a new address for every single deposit .. still manage to run the client .. toast once told us that the filesizes of their backups are in the gigabytes   :o
Title: Re: Feasible? using wallet_import_private_key to replicate bitcoin's getnewaddress?
Post by: monsterer on January 23, 2015, 01:14:35 pm
Excellent - many thanks :)
Title: Re: Feasible? using wallet_import_private_key to replicate bitcoin's getnewaddress?
Post by: toast on January 23, 2015, 05:12:08 pm
Thousands of addresses on one accouny is the correct way to do it. Many accounts per wallet is bad.

Sent from my SCH-I535 using Tapatalk