The explanation of standard but insecure transactions.
When a transaction occurs, its characteristics are classified into the following four types: Standard and secure transac...
Then, this is a countermeasure for standard but insecure transactions.
There is only one method that ensures your coins will never be involved in such transactions, and as long as you store them in this manner, they will remain safe.
- Generate an address that has never been used before. Ideally, use the “getnewaddress” command from the RPC console. This command guarantees that a new address will be provided.
- Input the generated address into a block explorer and search to confirm that it returns no results, ensuring the address has never been used before.
- Transfer the entire amount to this new address. Do not split the amount, send the full balance minus the fee to the address. Then, securely store it.
This is the countermeasure. By storing your coins using this method, even under specific conditions, it is “impossible” to construct a standard but insecure transaction.