📅 Original date posted:2015-12-13
📝 Original message:On Sun, Dec 13, 2015 at 8:13 AM, Chris Priest <cp368202 at ohiou.edu> wrote:
> Lets say it's 2050 and I want to sweep a paper wallet I created in
> 2013. I can't just make the TX and send it to the network, I have to
> first contact an "archive node" to get the UTXO data in order to make
> the TX. How is this better than how the system works today?
You already are in that boat. If your paper wallet has only the
private key (as 100% of them do today). You'll have no idea what coins
have been assigned to it, or what their TXids are. You'll need to
contact a public index (which isn't a service existing nodes provide)
or synchronize the full blockchain history to find it. Both are also
sufficient for jl2012's (/Petertodd's STXO), they'd only be providing
you with somewhat more data. If instead, you insist that you'd
already be running a full node and not have to wait for the sync, then
again you'd also be your own archive. In none of these cases do you
lose anything.
Gregory Maxwell [ARCHIVE] /
npub1f2…crwet
2023-06-07 17:46:14
in reply to nevent1q…jn9p
Author Public Key
npub1f2nvlx49er5c7sqa43src6ssyp6snd4qwvtkwm5avc2l84cs84esecrwetPublished at
2023-06-07 17:46:14Event JSON
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"content": "📅 Original date posted:2015-12-13\n📝 Original message:On Sun, Dec 13, 2015 at 8:13 AM, Chris Priest \u003ccp368202 at ohiou.edu\u003e wrote:\n\u003e Lets say it's 2050 and I want to sweep a paper wallet I created in\n\u003e 2013. I can't just make the TX and send it to the network, I have to\n\u003e first contact an \"archive node\" to get the UTXO data in order to make\n\u003e the TX. How is this better than how the system works today?\n\nYou already are in that boat. If your paper wallet has only the\nprivate key (as 100% of them do today). You'll have no idea what coins\nhave been assigned to it, or what their TXids are. You'll need to\ncontact a public index (which isn't a service existing nodes provide)\nor synchronize the full blockchain history to find it. Both are also\nsufficient for jl2012's (/Petertodd's STXO), they'd only be providing\nyou with somewhat more data. If instead, you insist that you'd\nalready be running a full node and not have to wait for the sync, then\nagain you'd also be your own archive. In none of these cases do you\nlose anything.",
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