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I’ve put in bitcoin pockets on my cellphone and had some transactions. I backed up my pockets and after backing up did some one other transactions. I supposed that the again up simply would restore my pockets state till the back-up time. However after I restored my back-up the later transactions have been loaded.
My query arises by noting the truth that for each time I need request bitcoin, my pockets generates a brand new handle randomly (actually it generates a randomly private-key after which utilizing that private-key constructs the public-key and handle). So my back-up ought to Solely have private-keys which have been generated till the back-up time. The way it predicts the later private-keys?
I suppose that it could have a set seed for producing random numbers and utilizing that fastened seed it has a sequence of random numbers but when that is true, it is not safe as a result of by simply stealing that seed, one can have all private-keys I might ever have sooner or later.
Although I am undecided my background information about bitcoin is right or not. So if I’ve fallacious assumptions let me know. Thanks upfront.
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