It contains private data, such as a record of transactions.
The key is derived from the view and spend secret keys.
The encryption currently is one shot, so may require a lot of
memory for large wallet caches.
This obsoletes the need for a lengthy blockchain rescan when
a transaction doesn't end up in the chain after being accepted
by the daemon, or any other reason why the wallet's idea of
spent and unspent outputs gets out of sync from the blockchain's.
Pros:
- smaller on the blockchain
- shorter integrated addresses
Cons:
- less sparseness
- less ability to embed actual information
The boolean argument to encrypt payment ids is now gone from the
RPC calls, since the decision is made based on the length of the
payment id passed.
It should avoid a lot of the issues sending more than half the
wallet's contents due to change.
Actual output selection is still random. Changing this would
improve the matching of transaction amounts to output sizes,
but may have non obvious effects on blockchain analysis.
Mapped to the new transfer_new command in simplewallet, and
transfer uses the existing algorithm.
To use in RPC, add "new_algorithm: true" in the transfer_split
JSON command. It is not used in the transfer command.
The new save_watch_only saves a copy of the keys file without the
spend key. It can then be given away to be used as a normal keys
file, but with no spend ability.
Sends all the dust to your own wallet. May fail (if the fee required
is more than the dust total). May end up paying most of the dust in fees.
Unlocked dust total is now also displayed in "balance".
simplewallet run without a wallet path argument should prompt again if
an invalid path was entered.
Validity here currently means the string isn't empty.
wallet RPC now uses wallet2::create_transactions and wallet2::commit_tx instead
of wallet2::transfer. This made it possible to add the RPC call /transfer_split, which
will split transactions automatically if they are too large. The old call to
/transfer will return an error stating to use /transfer_split if multiple
transactions are needed to fulfill the request.