Post
Topic
Board Nigeria (Naija)
Re: Public wallets & personal wallets coverage.
by
Mehmet69
on 13/07/2025, 09:10:02 UTC
Consider this a patch of information on thread concerning Bitcoin security and privacy. I had a thought concerning wallet address mostly used to receive payment from personal deals and our respective signature campaigns, since we apply publicly and mostly use them also in contest section, all our assets can be tracked when searched through explorers.

Wallets made public creates attention to scammers, since they can be able to track our movement of funds, it is unfit to serve as where we use to store our Bitcoin holdings, certain risks can be attracted E.g Dust attack.

Enable separate wallet address for public and private use.

First of all, our wallet address does not contain any personal information about us. And no one can track our holdings by tracking the address. They can only guess. There is no need to worry about the problem you are worried about. Because they do not repeatedly commit fraud in small amounts. They track large amounts at once.

In this case, you can use 2 wallets if you want. The first is public and the second is private and decentralized. By receiving to a public address, you send to an address that no one knows except you.