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Answer by chytrik for What is the need for multiple private keys?

From what I understand, there is initially a seed from which the private keys are derieved and from that the public key respective to each private key is derived.Yes, if the wallet follows BIP 32...

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Answer by JBaczuk for What is the need for multiple private keys?

The main reason to use multiple private keys is for privacy. Say you receive 1 BTC at address A, and you want to send 0.1BTC to someone at address X. (We'll neglect tx fees for easy math).0.1 BTC...

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What is the need for multiple private keys?

From what I understand, there is initially a seed from which the private keys are derieved and from that the public key respective to each private key is derived. The public key is essentially the...

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