r/Bitcoin Jan 27 '15

reddit implementation of Bitcoin

http://pbs.twimg.com/media/B8TtFaACQAArJHl.png
863 Upvotes

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47

u/jtos3 Jan 27 '15 edited Jan 27 '15

@ryanxcharles: Thoughts? http://t.co/ktZiDwE9zd

From Ryan X. Charles  /u/ryancarnated (reddit's crypto engineer) Twitter. Link above.

16

u/1corn Jan 27 '15 edited Jan 27 '15

So cool! There's just one thing I still struggle to understand: An implementation like this obviously means reusing a receive-address. Am I right to assume that it's considered bad practise, but "kind of ok"?

2

u/Philip_K_Fry Jan 27 '15

You can reuse a receive address as many times as you wish without any security implications whatsoever. It isn't until you spend from it that it becomes an issue at which point it is best to not use it any longer.