Re-use of an address.

Is it ok to continually send Bitcoin to the same address as long as you never spend from that address?

I know it's bad to re-use. But what constitutes as "use"? Is use making the blockchain aware of your address by sending money there, or does use mean signing a transaction and sending money out of the address. Or both?

Is it an appropriate means of storing Bitcoin by creating an address offline with dice throws and pencil and paper then sending your Bitcoin off the exchange to that single address many times over and over? Bitcoin would never be sent out of the address, only in.

submitted by /u/Junior_Client3022
[link] [comments]

Leave a Reply

Your email address will not be published. Required fields are marked *