3 years ago

Ledger Support Page about generating new addresses: https://support.ledger.com/hc/en-us/articles/360034336713-Receiving-address-changed?support=true

Bitcoin Protocols covering Wallet Addresses:
BIP32: https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki
BIP39: https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki
BIP44: https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki

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Legal & Disclaimer Notice:
This video is provided solely for informational and/or educational purposes. It is not offered as advice (whether professional, financial or investment advice or otherwise). Investing in Cryptocurrencies is inherently risky. Never spend money on Cryptocurrencies you can’t afford to lose.

Legal & Disclaimer Notice: This video is provided solely for informational and/or educational purposes. It is not offered as advice (whether professional, financial or investment advice or otherwise). Investing in Cryptocurrencies is inherently risky. Never spend money on Cryptocurrencies you can’t afford to lose.

00:00 Introduction
00:17 Common Questions About Bitcoin Addresses
01:10 The Reason Why Bitcoin Wallets Generate New (Unique) Receiving Addresses
02:26 Simple Example Wallet-to-Wallet (1 Unique Address)
03:43 Check Blockchain Explorer and only one transaction Shows up.
04:23 Your Own Wallet Can track ALL of the Receiving Addresses
04:54 Your Wallet will Continue to Generate the SAME Receiving Address until some Bitcoin comes in.
06:29 2nd Example: Using the Same Receiving Address Twice
09:04 Check Blockchain Explorer you can See Both Transactions
09:35 Check Previous Address and Still see only one transaction
10:22 So when Should You Reuse Bitcoin Receiving Addresses?
11:50 When SShould You Generate New (Unique) Receiving Addresses?