IP transaction: Difference between revisions
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* You send coins to this [[address]] in the normal way | * You send coins to this [[address]] in the normal way | ||
Unfortunately, the | Unfortunately, the implementation provided no authentication, so any "man in the middle" could have intercepted your bitcoins during the transaction. When they see that you're sending a Bitcoin payment by IP address, they pretend to be the actual destination and send back ''their'' Bitcoin address. You end up sending bitcoins to the wrong person. It's therefore no longer a good idea to send bitcoins in this way, ''especially'' if you're using a proxy. | ||
==Status== | ==Status== | ||
This feature has been removed from Bitcoin Core as-of v0.8.0<ref>[http://bitcointalk.org/index.php?topic=9334.0 Remove send to IP address and IP transactions support]</ref> | |||
==References== | ==References== | ||
Revision as of 01:19, 12 November 2014
Sending bitcoins to an IP address was a convenient way of sending bitcoins to a Bitcoin address along with additional information.
- You contact the IP address to find out if they're actually running Bitcoin and accepting IP transactions. If not, no transaction occurs.
- Your additional information ("from", "message", etc.) is exchanged with the server.
- The server generates a brand new Bitcoin address and sends it to you.
- You send coins to this address in the normal way
Unfortunately, the implementation provided no authentication, so any "man in the middle" could have intercepted your bitcoins during the transaction. When they see that you're sending a Bitcoin payment by IP address, they pretend to be the actual destination and send back their Bitcoin address. You end up sending bitcoins to the wrong person. It's therefore no longer a good idea to send bitcoins in this way, especially if you're using a proxy.
Status
This feature has been removed from Bitcoin Core as-of v0.8.0[1]