Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Using one vs multible addresses
by
TryNinja
on 24/04/2018, 21:18:20 UTC
⭐ Merited by OgNasty (1)
Wouldn't this save me some fees when I spend the coins?
No. An input is an input. It doesn't matter if you receive 10 transactions in the same address or in 10 different addresses.

Why shouldn't I use the same address for every transaction?
Privacy.

Quote
To be more precise, the reuse of bitcoin addresses exposes both the initial user holding said funds and everyone else who becomes a future recipient of that bitcoin balance. Anyone who is actively monitoring the bitcoin blockchain to link identities to transactions will pounce on such opportunities with relative ease. Every time one uses the same address, any transaction linked to it in the past, present, and future will have their history exposed to prying eyes.
https://themerkle.com/what-is-bitcoin-address-reuse/
https://en.bitcoin.it/wiki/Address_reuse