It is just numbers and letters? I have transferred my bitcoin address and want to use the key so I can move my coins from this wallet to another? As you may be aware there site is down but can I set this up on another wallet so I can still get my coins?
Asked
Active
Viewed 233 times
3
-
1You are misunderstanding something somewhere. Instawallet never reveals the private key for the Bitcoin address tied to your Instawallet. – Stephen Gornick Apr 04 '13 at 22:05
-
Isn't the No's/letters on the end of the URL the private key? – mike Apr 05 '13 at 11:31
1 Answers
3
No, Instawallet is a hosted (shared) EWallet.
They do not provide to you the private key for the deposit addresses associated with your Instawallet.
When you request a withdrawal, Instawallet processes that request and makes the transaction. There is no way for you to create a withdrawal transaction yourself for any funds in an Instawallet.
Stephen Gornick
- 26,990
- 12
- 67
- 141
-
Thank you for the comment..Doesn't the URL they provided have the private key on the end of it? All my families ones do? I thought this was the private key as they said you should not lose it otherwise you cant access your coins? – mike Apr 05 '13 at 08:14
-
The URL may be some hash or calculation of the private address, but even if so, it would be essentially impossible to reverse it into revealing the true private key. – Taylor Gerring Apr 05 '13 at 18:17
-