Topic: One Address VS Multi Addresses - page 3. (Read 1576 times)
As for me i've got two adresses, one for "everyday" transactions and one as saving account (in Cold Storage), so my primary wallet is better protected.
What are the advantages or disadvantages of using one address for all your transactions versus using many addresses for various transactions?
Can using one address only can be beneficial somehow?
Can using one address only can be beneficial somehow?
Why not get a wallet site that generates multiple bitcoin address but it is just in one wallet provider, If you have multiple wallet address it only gets to confusing in which you can use even though anyone else would surely guess that you are the one that is making a transaction if others are very familiar with your address codes, But in my opinion I rather have only 1 or 2 addresses because I don't want to get confuse in what address I put the transaction with.
it is not just privacy reasons, there are more to reusing the same bitcoin address more than once for receiving multiple deposits. for example the biggest problem most people will face these days is the higher fees.
read this: https://en.bitcoin.it/wiki/Address_reuse
read this: https://en.bitcoin.it/wiki/Address_reuse
It's simply a matter of privacy. If you use a different address each time you want to receive bitcoins that could make it hard for people to link them back to you while using one only pretty much means anyone checking your address on a blockexplorer knows your life story.
What are the advantages or disadvantages of using one address for all your transactions versus using many addresses for various transactions?
Can using one address only can be beneficial somehow?
Can using one address only can be beneficial somehow?
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