diff --git a/src/qt/guiconstants.h b/src/qt/guiconstants.h
index deef3e348..7fbf7fcd3 100644
--- a/src/qt/guiconstants.h
+++ b/src/qt/guiconstants.h
@@ -11,5 +11,7 @@ static const int MODEL_UPDATE_DELAY = 500;
 #define COLOR_UNCONFIRMED QColor(128, 128, 128)
 /* Transaction list -- negative amount */
 #define COLOR_NEGATIVE QColor(255, 0, 0)
+/* Transaction list -- bare address (without label) */
+#define COLOR_BAREADDRESS QColor(140, 140, 140)
 
 #endif // GUICONSTANTS_H
diff --git a/src/qt/optionsdialog.cpp b/src/qt/optionsdialog.cpp
index a923f3ead..e922209f0 100644
--- a/src/qt/optionsdialog.cpp
+++ b/src/qt/optionsdialog.cpp
@@ -52,6 +52,7 @@ public:
     void setMapper(MonitoredDataMapper *mapper);
 private:
     QValueComboBox *unit;
+    QCheckBox *display_addresses;
 signals:
 
 public slots:
@@ -248,6 +249,7 @@ DisplayOptionsPage::DisplayOptionsPage(QWidget *parent):
         QWidget(parent)
 {
     QVBoxLayout *layout = new QVBoxLayout();
+
     QHBoxLayout *unit_hbox = new QHBoxLayout();
     unit_hbox->addSpacing(18);
     QLabel *unit_label = new QLabel(tr("&Unit to show amounts in: "));
@@ -260,6 +262,10 @@ DisplayOptionsPage::DisplayOptionsPage(QWidget *parent):
     unit_hbox->addWidget(unit);
 
     layout->addLayout(unit_hbox);
+
+    display_addresses = new QCheckBox(tr("Display addresses in transaction list"), this);
+    layout->addWidget(display_addresses);
+
     layout->addStretch();
 
     setLayout(layout);
@@ -268,4 +274,5 @@ DisplayOptionsPage::DisplayOptionsPage(QWidget *parent):
 void DisplayOptionsPage::setMapper(MonitoredDataMapper *mapper)
 {
     mapper->addMapping(unit, OptionsModel::DisplayUnit);
+    mapper->addMapping(display_addresses, OptionsModel::DisplayAddresses);
 }
diff --git a/src/qt/optionsmodel.cpp b/src/qt/optionsmodel.cpp
index d72a0e9e9..4656ad08d 100644
--- a/src/qt/optionsmodel.cpp
+++ b/src/qt/optionsmodel.cpp
@@ -8,11 +8,13 @@
 OptionsModel::OptionsModel(CWallet *wallet, QObject *parent) :
     QAbstractListModel(parent),
     wallet(wallet),
-    nDisplayUnit(BitcoinUnits::BTC)
+    nDisplayUnit(BitcoinUnits::BTC),
+    bDisplayAddresses(false)
 {
     // Read our specific settings from the wallet db
     CWalletDB walletdb(wallet->strWalletFile);
     walletdb.ReadSetting("nDisplayUnit", nDisplayUnit);
+    walletdb.ReadSetting("bDisplayAddresses", bDisplayAddresses);
 }
 
 int OptionsModel::rowCount(const QModelIndex & parent) const
@@ -44,6 +46,8 @@ QVariant OptionsModel::data(const QModelIndex & index, int role) const
             return QVariant(nTransactionFee);
         case DisplayUnit:
             return QVariant(nDisplayUnit);
+        case DisplayAddresses:
+            return QVariant(bDisplayAddresses);
         default:
             return QVariant();
         }
@@ -121,6 +125,10 @@ bool OptionsModel::setData(const QModelIndex & index, const QVariant & value, in
             walletdb.WriteSetting("nDisplayUnit", nDisplayUnit);
             emit displayUnitChanged(unit);
             }
+        case DisplayAddresses: {
+            bDisplayAddresses = value.toBool();
+            walletdb.WriteSetting("bDisplayAddresses", bDisplayAddresses);
+            }
         default:
             break;
         }
@@ -149,3 +157,8 @@ int OptionsModel::getDisplayUnit()
 {
     return nDisplayUnit;
 }
+
+bool OptionsModel::getDisplayAddresses()
+{
+    return bDisplayAddresses;
+}
diff --git a/src/qt/optionsmodel.h b/src/qt/optionsmodel.h
index ed26f83d5..7f489c501 100644
--- a/src/qt/optionsmodel.h
+++ b/src/qt/optionsmodel.h
@@ -27,6 +27,7 @@ public:
         ProxyPort, // QString
         Fee, // qint64
         DisplayUnit, // BitcoinUnits::Unit
+        DisplayAddresses, // bool
         OptionIDRowCount
     };
 
@@ -39,10 +40,12 @@ public:
     bool getMinimizeToTray();
     bool getMinimizeOnClose();
     int getDisplayUnit();
+    bool getDisplayAddresses();
 private:
     // Wallet stores persistent options
     CWallet *wallet;
     int nDisplayUnit;
+    bool bDisplayAddresses;
 signals:
     void displayUnitChanged(int unit);
 
diff --git a/src/qt/transactiontablemodel.cpp b/src/qt/transactiontablemodel.cpp
index 99f2d5806..27e85cebc 100644
--- a/src/qt/transactiontablemodel.cpp
+++ b/src/qt/transactiontablemodel.cpp
@@ -322,21 +322,20 @@ QVariant TransactionTableModel::formatTxDate(const TransactionRecord *wtx) const
     }
 }
 
-/* Look up address in address book, if found return
-     address (label)
-   otherwise just return address
+/* Look up address in address book, if found return label (address)
+   otherwise just return (address)
  */
-QString TransactionTableModel::lookupAddress(const std::string &address) const
+QString TransactionTableModel::lookupAddress(const std::string &address, bool tooltip) const
 {
     QString label = walletModel->getAddressTableModel()->labelForAddress(QString::fromStdString(address));
     QString description;
-    if(label.isEmpty())
+    if(!label.isEmpty())
     {
-        description = QString::fromStdString(address);
+        description += label + QString(" ");
     }
-    else
+    if(label.isEmpty() || walletModel->getOptionsModel()->getDisplayAddresses() || tooltip)
     {
-        description = label + QString(" (") + QString::fromStdString(address) + QString(")");
+        description += QString("(") + QString::fromStdString(address) + QString(")");
     }
     return description;
 }
@@ -369,20 +368,18 @@ QVariant TransactionTableModel::formatTxType(const TransactionRecord *wtx) const
     return QVariant(description);
 }
 
-QVariant TransactionTableModel::formatTxToAddress(const TransactionRecord *wtx) const
+QVariant TransactionTableModel::formatTxToAddress(const TransactionRecord *wtx, bool tooltip) const
 {
     QString description;
 
     switch(wtx->type)
     {
-    case TransactionRecord::RecvWithAddress:
-        description = lookupAddress(wtx->address);
-        break;
     case TransactionRecord::RecvFromIP:
         description = QString::fromStdString(wtx->address);
         break;
+    case TransactionRecord::RecvWithAddress:
     case TransactionRecord::SendToAddress:
-        description = lookupAddress(wtx->address);
+        description = lookupAddress(wtx->address, tooltip);
         break;
     case TransactionRecord::SendToIP:
         description = QString::fromStdString(wtx->address);
@@ -397,6 +394,24 @@ QVariant TransactionTableModel::formatTxToAddress(const TransactionRecord *wtx)
     return QVariant(description);
 }
 
+QVariant TransactionTableModel::addressColor(const TransactionRecord *wtx) const
+{
+    // Show addresses without label in a less visible color
+    switch(wtx->type)
+    {
+    case TransactionRecord::RecvWithAddress:
+    case TransactionRecord::SendToAddress:
+        {
+        QString label = walletModel->getAddressTableModel()->labelForAddress(QString::fromStdString(wtx->address));
+        if(label.isEmpty())
+            return COLOR_BAREADDRESS;
+        } break;
+    default:
+        break;
+    }
+    return QVariant();
+}
+
 QVariant TransactionTableModel::formatTxAmount(const TransactionRecord *wtx, bool showUnconfirmed) const
 {
     QString str = BitcoinUnits::format(walletModel->getOptionsModel()->getDisplayUnit(), wtx->credit + wtx->debit);
@@ -478,7 +493,7 @@ QVariant TransactionTableModel::data(const QModelIndex &index, int role) const
         case Type:
             return formatTxType(rec);
         case ToAddress:
-            return formatTxToAddress(rec);
+            return formatTxToAddress(rec, false);
         case Amount:
             return formatTxAmount(rec);
         }
@@ -495,16 +510,19 @@ QVariant TransactionTableModel::data(const QModelIndex &index, int role) const
         case Type:
             return formatTxType(rec);
         case ToAddress:
-            return formatTxToAddress(rec);
+            return formatTxToAddress(rec, true);
         case Amount:
             return rec->credit + rec->debit;
         }
     }
     else if (role == Qt::ToolTipRole)
     {
-        if(index.column() == Status)
+        switch(index.column())
         {
+        case Status:
             return formatTxStatus(rec);
+        case ToAddress:
+            return formatTxToAddress(rec, true);
         }
     }
     else if (role == Qt::TextAlignmentRole)
@@ -522,6 +540,10 @@ QVariant TransactionTableModel::data(const QModelIndex &index, int role) const
         {
             return COLOR_NEGATIVE;
         }
+        if(index.column() == ToAddress)
+        {
+            return addressColor(rec);
+        }
     }
     else if (role == TypeRole)
     {
diff --git a/src/qt/transactiontablemodel.h b/src/qt/transactiontablemodel.h
index 85bfeebcb..3322ff4af 100644
--- a/src/qt/transactiontablemodel.h
+++ b/src/qt/transactiontablemodel.h
@@ -59,11 +59,12 @@ private:
     QStringList columns;
     TransactionTablePriv *priv;
 
-    QString lookupAddress(const std::string &address) const;
+    QString lookupAddress(const std::string &address, bool tooltip) const;
+    QVariant addressColor(const TransactionRecord *wtx) const;
     QVariant formatTxStatus(const TransactionRecord *wtx) const;
     QVariant formatTxDate(const TransactionRecord *wtx) const;
     QVariant formatTxType(const TransactionRecord *wtx) const;
-    QVariant formatTxToAddress(const TransactionRecord *wtx) const;
+    QVariant formatTxToAddress(const TransactionRecord *wtx, bool tooltip) const;
     QVariant formatTxAmount(const TransactionRecord *wtx, bool showUnconfirmed=true) const;
     QVariant formatTxDecoration(const TransactionRecord *wtx) const;