📅 Original date posted:2013-12-16
📝 Original message:On Mon, Dec 16, 2013 at 11:46 AM, Jim <jim618 at fastmail.co.uk> wrote:
> For the HD version of MultiBit we are removing the import
> of individual private keys entirely and only supporting HD
> addresses, primarily for safety reasons.
>
I'd love to have the same in Bitcoin-Qt as well. Too many sob stories about
people with outdated backups that lost part or all of their coins. These
are much more common than fee messups.
What we should really do is:
- Use deterministic wallets. Making regular backups becomes optional (to
retain label and transaction data and such) instead of mandatory.
- Don't support importing private keys. Replace the importing of private
keys by a "sweep" function.
Wladimir
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Wladimir [ARCHIVE] /
npub1xq…ymc2p
2023-06-07 17:10:48
in reply to nevent1q…pev5
Author Public Key
npub1xqshkqv2g7uea4xzqwvmgjcz7u8vfavw6aazs999v0azsv3w7u3qpymc2pPublished at
2023-06-07 17:10:48Event JSON
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"content": "📅 Original date posted:2013-12-16\n📝 Original message:On Mon, Dec 16, 2013 at 11:46 AM, Jim \u003cjim618 at fastmail.co.uk\u003e wrote:\n\n\u003e For the HD version of MultiBit we are removing the import\n\u003e of individual private keys entirely and only supporting HD\n\u003e addresses, primarily for safety reasons.\n\u003e\n\nI'd love to have the same in Bitcoin-Qt as well. Too many sob stories about\npeople with outdated backups that lost part or all of their coins. These\nare much more common than fee messups.\n\nWhat we should really do is:\n\n- Use deterministic wallets. Making regular backups becomes optional (to\nretain label and transaction data and such) instead of mandatory.\n\n- Don't support importing private keys. Replace the importing of private\nkeys by a \"sweep\" function.\n\nWladimir\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20131216/73f4c6a2/attachment.html\u003e",
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