Paper wallet addresses

alex hayma asked 1 year ago

Dear Ofir,
Thanks for your quick reply to my last question.
Next question: Is it is true that a paper wallet has only one address and can only have one address maximum?
I want to be 100% sure when I check my balance on that the money is there. If someone were to take my private key, could they generate a new address and transfer money without me seeing it (since I only check the address WRITTEN on the paper wallet)?


1 Answers
Ofir Beigel answered 1 year ago

Hi Alex, yes paper wallets can have one address only. Here you can read more about paper wallets: If someone has your private key, they fully control your coins, they do not even need to generate a new address.

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