What does the label field in Bitcoin-Qt mean?

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I tried to get involved with Bitcoin on iPad, couldn't download a wallet and thought a paper wallet was an alternative; I generated said paper wallet and used the address to buy coins.

I realized I couldn't access the coins, so I bought a macbook to download a wallet. Assumed I could just add the address from the paper wallet, but its asking for a "label."

Yvonne Booth

Posted 2015-05-12T21:39:17.557

Reputation: 11

1Welcome to the Bitcoin stack exchange! To import an address into Bitcoin-Qt could take a while, especially since you have to wait for the node to download and verify the whole blockchain. You might want to use Electrum or a mobile wallet instead. – morsecoder – 2015-05-13T02:03:26.470

Answers

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The label is just a short, memorable name for your client to refer to that address.

It can be anything, or nothing.

Nick ODell

Posted 2015-05-12T21:39:17.557

Reputation: 26 536

Asked: 2015-05-12T21:39:17.557

Viewed: 1 883 times

Active: 2015-05-12T22:50:27.800