Having investigated this following @MCCCS answer, the following is information about the addresses provided by Blockhair support:
In fact, there are no addresses on the Bitcoin blockchain. There are
only scripts, some of them are standard and can be converted to a
Bitcoin address, some of them can’t — like nulldata (OP_RETURN)
outputs, nonstandard, and bare ...
How Bitcoin nodes validate a new wallet
Bitcoin nodes validate blocks and they validate the transactions within those blocks
Other nodes don't have access to your wallet and can't validate it or anything in it.
I mean, what if this wallet already exist?
No one knows or cares if the private-key initially generated by your wallet already exists. ...
Can I recover btc sent to an incorrect address?
Confirmed Bitcoin transactions cannot be cancelled, reversed, undone or recovered.
The only person who can give you your money back is the recipient, by creating a new transaction to send the same amount back to you.
I realize now that I had a malware copy of electrum
If the initial mishap was due to a ...
Addresses contain the network byte (hence old-style addresses start with 1 or 3) the 20-byte public key hash, and a checksum that doesn't let you lose funds if you mistype the recipient.
If the checksum is wrong, your wallet will warn you.
There's no way to prove that a public key hash was derived from a known public key. For example there's a corresponding ...
It is De facto standard that address should not be reused.
and even Bitcoin officially emphasis address should not be reused.
There is nothing official, anywhere, in Bitcoin.
Does the same condition apply for Multi-signature address ?
If Yes apart from privacy what is the need ?
Privacy - for you and those you interact with - is pretty ...
On a principle / technical level I see no reason why it should not work as you propose. However I see engineering Challenges:
The workflow of funding channels and (more importantly swiping on chain data if everything is sent to multisig addresses and requires your multisig partner to sign) would require way more communication overhead and dataflow.
Unused addresses are unrelated to mining activity. Even if you were mining, you will still see many unused addresses. The Bitcoin earned from mining would be associated with a used address.
Bitcoin Core by default will generate 1000 (previously 100) unused keys to be used in the "keypool". The keypool is the pool of unused keys and is used as a ...