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RE: Bitcoin running out of addresses? Programmer explains.
Much appreciated, however btw, in cool stockpiling, how does a blockchain can know your private key if just the general population key has been synchronized?? So in frosty capacity how might you be 100% certain your arbitrarily disconnected produced private key is legitimate if it's never been in the blockchain?? much appreciated, this confounds me now and again about frosty wallets.
The blockchain doesn't know anything. When you execute a transaction on a blockchain what you are actually doing is adding a record to the ledger. In order for a record to be valid it has to meet certain criteria. One criteria is that the addresses involved meet a standard that the software recognizes.
As long as the addresses used adhere to that standard they can be used to generate records in the ledger.