Bitcoin wallet has the option of creating a new wallet address for receiving payment. What about for sending? Isn't my "From" address always going to be the same?

  • Coin mixing services allow you to gain anonymity by swapping your coins and someone elses when sending.
    – John T
    Jan 21 '14 at 8:18

I think you have misunderstood something.

The point of generating a new address for receiving a payment is that this address is not connected to any other address, and when it is eventually used to make a payment - that is where the trail ends. ie a new receiving address becomes a sending address.

If you do this systematically, and never send coins to the same address (either through change, or by consolidating your holding into one address) then you have pretty good anonymity.

  • Additionally, if you're extra-paranoid, you can create the transaction on your "main" computer (or better yet, offline storage computer) then send the transaction to the network using a web service or another network that isn't tied to your identity in any way.
    – bvpx
    Jan 21 '14 at 11:36

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.