Post
Topic
Board Beginners & Help
Re: I lack knowledge pls guide me
by
BitMaxz
on 14/02/2022, 23:57:37 UTC
Don't turn me into a laughing stock I'm just trying to understand what I don't know, since many more people keep coming into crypto space day by day is there any chances of getting your Bitcoin or ETH wallet compromised when newbies generates new address? It is possible that a bitcoin wallet can generate a wallet that's been in use by another user?

The security of your wallet is actually depended in your on how you protect your wallet.
Generating a new address won't compromise anything except if your device or PC is already infected.

Never heard if there is someone who generates a wallet that has already been used by someone but if you are using Electrum wallet it should be unique.