Stealth Address
A stealth address is a way to make it much harder for people to figure out which address is receiving funds in a blockchain transaction. It's designed to protect the privacy of the recipient.
How it Works
Instead of the sender sending money directly to the recipient's main, public address (which everyone can see on the blockchain), here's what happens:
Stealth Address Creation: The sender trigger some mathematical magic (based on the recipient's public key) to create a fresh, one-time-use address for that specific transaction. This is your stealth address.
Sending Payment: The funds are sent to this newly generated stealth address. To anyone monitoring the blockchain, it just looks like the money went into a random, never-before-seen account.
Private Retrieval: You, the recipient, are the only one who can find and access the funds sent to that stealth address. This is because the stealth address is cryptographically generated using the keys that only your main wallet controls.
Key Benefits
No Linking: Since a new address is created for every single incoming transaction, it's impossible for outside observers to link all those payments back to the recipient's single main identity or wallet.
Better Privacy: It stops people from analyzing the recipient's main address to see how much money they have or who they've been receiving payments from.
It's basically a fun way to keep your financial life nice and private on a public ledger, aka the blockchain!
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