when I send money from my wallet, which address shows up as "sender"?

I have not yet sent money to anyone. I was wondering if there is any way to control which address shows up in the block chain as the sending address.

Say I receive money on addresses A, B, C. I want to send money to someone from a totally unrelated address D. How to do this using the bitcoin client.

EDIT: I want to unlink addresses (A, B, C) from D

So when I send money, the sender should be D, and there should be no transactions from any of (A, B, C) to D, directly or in a chain. I guess this is not possible without 3rd party help.

I fear that the ability to follow transactions in a chain will eventually reveal enough information about identity of users. So there should be a way to send/receive from two complietely unlinked addresses. (linked = connected via a transaction chain).

Jus12

Posted 2012-10-17T09:49:33.103

Reputation: 1 243

1Are you specifically concerned only with the sending address? Or are you trying to prevent the coins from being traced back to addresses A, B, and/or C. For example, would transferring from A to D and then from D to the recipient accomplish your objective? D would be the sending address, but D would have received the coins from A. – David Schwartz – 2012-10-17T17:11:44.630

1It's also worth considering what the "change" address will be in the transaction. The asker of this question may be unaware of that address existing. – Highly Irregular – 2012-10-17T18:49:50.367

Actually I am not aware of 'change' address, as I have never spent any BTC yet. Can you please elaborate? – Jus12 – 2012-10-18T06:53:44.027

@Jus12: See https://en.bitcoin.it/wiki/Change.

– Meni Rosenfeld – 2012-10-18T10:00:46.570

@DavidSchwartz: I want to prevent the coins from being traced to A, B or C. I have updated my question with this information. – Jus12 – 2012-10-18T17:28:27.063

You say you “fear that the ability to follow transactions in a chain will eventually reveal enough information about identity of users”, and you're right. Contrary to what you read in the newspapers, Bitcoin is transparent by design. The transparency has the potential to eliminate some forms of corruption, but it also causes problems. For instance, people to whom you send BTC will find out if your remaining balance is large enough to warrant kidnapping your family. If this concerns you, there are other cryptocurrencies that might be better for you. It also has implications for fungibility. – None – 2018-12-31T14:11:23.667

Answers

Bitcoin doesn't really have sender addresses.

Every transaction consumes some of your coins, and creates one or more new coins, potentially assigned to a different address. What the receiver can see is the transaction, and he can trace which coins it spent, and which addresses those coins were previously assigned to. Some programs/sites use the first such address as sender, but this is not recommended. It doesn't say who sent the money - only who previously controlled it (which may for example be a shared webwallet).

The reference client always considers its entire pool of (confirmed) coins as source for creating transactions. The recently (0.7.0) introduced raw transaction API allows fine-grained control over which coins are used as input, but does not have a GUI (yet).

Pieter Wuille

Posted 2012-10-17T09:49:33.103

Reputation: 54 032

In every client that I know of today, the sending account is selected automatically for you based on a defined set of rules.

If you need to control the sending address, you could do so using a client like Multibit, though the process would not exactly be straightforward. Assuming that you have a Multibit wallet with bitcoins, you would have to:

export your private keys.
edit the export file in a text editor to remove all keys except the one that you wish to spend.
create a second wallet file in Multibit.
import your edited private key file.
spend your coins from the new wallet.
export the keys from the new wallet file.
import the keys from the new wallet file into your old wallet file.
delete the new wallet file.

Note, steps 6 and 7 are necessary to capture the change addresses if you did not spend the entire amount in the new wallet.

It may also be possible to take that exported private key and import it into an online wallet like BlockChain.info's My Wallet or Mt Gox and spend it from there.

Jason Southwell

Posted 2012-10-17T09:49:33.103

Reputation: 360

You can use Raw transactions to create a spend transaction from A, B, and C to the address D and then spend from D.

http://en.bitcoin.it/wiki/Raw_Transactions

This obviously links D to A, B and C.

The only option to de-link these is to use other coins, similar to what mixing services provide.

Stephen Gornick

Posted 2012-10-17T09:49:33.103

Reputation: 26 118