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Board Beginners & Help
Re: A few general questions about addresses and wallets
by
odolvlobo
on 19/11/2017, 06:45:05 UTC
For questions 1 and 2, you can generate multiple addresses with only a single private key, these are called deterministic wallets. It can also be recovered using randomly-generated passphrases that acts as a password.

You are confusing a private key with a seed. They are not the same. A wallet uses its seed to generate private keys.

Also, the "randomly-generated passphrase" is not a password. It is a seed. You can use a password to encrypt your seed.