I am using Electrum wallet and I want to know what the gap limit is. I heard it has something to do with the number of unused addresses the wallet will generate before stopping. Can someone explain this to me?
7 answers
DigitalLegendGuard
Wed Jan 01 2025
This means that the wallet will continue to retrieve addresses until it encounters 20 consecutive unused addresses.
RobertJohnson
Wed Jan 01 2025
Dash Electrum, a wallet software, incorporates the use of gap limit.
CryptoEnthusiast
Wed Jan 01 2025
The purpose of utilizing gap limit in Dash Electrum is to streamline the address discovery process.
Tommaso
Wed Jan 01 2025
By setting a gap limit, the wallet can cease searching for new addresses once it encounters a certain number of unused ones.
Stefano
Wed Jan 01 2025
The concept of gap limit refers to a specific threshold in the deterministic sequence of addresses.