Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: Waste of bitcoin addresses
by
bitmover
on 05/06/2022, 12:35:01 UTC
⭐ Merited by vapourminer (2)
Guys, isn't creating a new address for every new transaction a huge waste of addresses? I know there are a lot of them and maybe we won't use them all and there's that thing of 'privacy', but common, every time I receive a payment (android bitcoin wallet) a new address is created and it really annoys me a lot to use an address for 1-3$ and then be wasted forever.

You can generate billions,  maybe even trillions of addresses in your wallet for free. Each seed is has this potencial. And all those addresses have a mathematical relationship between them.

Making a few dozens won't Hurt.

From mastering bitcoin:

Quote
The HD wallet tree structure offers tremendous flexibility. Each parent extended key can have 4 billion children: 2 billion normal children and 2 billion hardened children. Each of those children can have another 4 billion children, and so on. The tree can be as deep as you want, with an infinite number of generations.
https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch05.asciidoc#navigating-the-hd-wallet-tree-structure