Archived Android Wallets, What do you think of the Dogecoin Wallet? (Dogecoin)
submitted ago by MrHobbits
Posted by: MrHobbits
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Archived on: 2/12/2017 1:51:00 AM
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Archived Android Wallets, What do you think of the Dogecoin Wallet? (Dogecoin)
submitted ago by MrHobbits
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[–] Fulvio 0 points 1 point 1 point (+1|-0) ago
I would always recommend separating the generation from the signing/spending, by generating bulk paper wallets offline then importing them into whatever client(s) you want to use them with. That way you have the private keys, which you otherwise wouldn't.
Also beware of having lots of UTXO's. Because they're memory intensive, lite wallets are problematic, and wallets should be swept/consolidated regularly.. certainly every 100 transactions or so. Change addresses are necessary when spending less than the total amount in a transaction. Since that can't be done, the change has to go somewhere.. into the same wallet, another specified one, or a newly generated address. Clients have a pool of addresses to use for this purpose, and you may not necessarily be aware of them.