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Author Topic: One Address VS Multi Addresses  (Read 1503 times)
mitchr4
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June 30, 2017, 12:12:31 PM
 #41

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?
I'm using multi address for various transaction start from gambling addresss, trading address, and general address. No disadvantage since using multiple address only advantages i can get. The advantage is i can managing all of my income from various transaction it also avoids hacking in one address by not losing all the money.

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Batwingoz
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June 30, 2017, 02:02:22 PM
 #42

Many ppl here say use 1 address for everything you do on forum maybe it's because they will be confident to trade with u
Catwalk
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June 30, 2017, 02:07:19 PM
 #43

I believe it makes yourself more private and less likely to get your wallet compromised.
FasTroy
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June 30, 2017, 02:14:27 PM
 #44

I think using Multi bitcoin addresses, It's too better for someone who want to be free from control his address, it's simply a matter of privacy.
Using a different addresses each time could make harder for someone to track you. So i think using Multi bitcoin addresses is better than using one address.

Ewinsane
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June 30, 2017, 09:34:42 PM
 #45

Using multi address is safer and more privacy because the people cant track too much about your transaction with multiple address, but using multiple address can confuse other people and yourself because your address keep changing and you will have hard time to memorize it
I agree with you totally it can save you from hackers , from those who want to steal your bitcoin though any trick. It will also keep you from risk because it will reduce the risk. So this is why multi address and more protected than single address. There are many examples of address which can make many confusion to people. So, we should go for multi addresses.
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