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Like the transactions are broadcasted to the bitcoin network , is it required that locally generated addresses also need to be boradcasted to the bitcoin network ?
Is it required to broadcast the addresses generated locally to the bitcoin network?
Answers
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No, you can generate trillions of addresses (private keys) and the rest of the network don't need to know about them until you make transactions to each of them.
Is this means that Suppose i have generated the address locally and now i want my friend to send me coins then is that means he can send me directly ? or my locally generated address will be firstly added on blockchain ? – Pankaj Kumar – 2018-11-03T12:53:53.947
@PankajKumar You should send your address to your friend, e.g. via message/SMS – MCCCS – 2018-11-03T12:54:41.363
yes that need to be send to my friend firstly only then my friend able to know that whats my address, thanks i found the answer – Pankaj Kumar – 2018-11-03T13:01:24.410
You're welcome :) – MCCCS – 2018-11-03T13:03:02.450