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Re: undefined
#2How does this work exactly? I'm assuming it just generates every possible bitcoin address and therefore the associated private key, but if that address was locked with a password or something would the private key alone allow you to transfer the coins out of the address?
Re: undefined
#3How does this work exactly? I'm assuming it just generates every possible bitcoin address and therefore the associated private key, but if that address was locked with a password or something would the private key alone allow you to transfer the coins out of the address?
Yes, the private key is all you need to sign a transfer transaction to send the coins anywhere.