If you have a simple e shop or a website which asks for donations you may. Reusing the same bitcoin wallet address is a big privacy issue. I suggest you read it first to get a general idea of how addresses are derived.
The whole process is explained in bip 32. You may implement your own simple solution using an extended public key xpub from a hierarchically deterministic hd wallet however. Address bip 32 hd wallets address generation bitcoin wallet app xpub.
But all incoming bitcoins should be stored in our main. We need to generate a new child address for each customer allowing them to receive bitcoin. We re creating a platform to buy sell bitcoin.
Xpub key is like the bank account number you give others to. When hooking your crypto wallets with forgingblock apis xpub key from your wallet is needed for bitcoin litecoin and bitcoin cash. These addresses will be of your own wallet so received payments will end up instantly in your wallet.
It started with the prefix xpub ypub zpub blockonomics will use the xpub to generate unique address for each order. Xpub is extended public key of your wallet. What is an xpub.
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This results in a loss of privacy.
Bitcoin xpub. The xpub key is the master key that all of your addresses are made from. If you use the same address for each and every payment the balance of that address is exposed to each new user who sends to that address.
If you use the same address for each and every payment the balance of that address is exposed to each new user who sends to that address. The xpub key is the master key that all of your addresses are made from.
