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I like to start a new project on bitcoin. My project is creating a web based bitcoin wallet. I planing that to run the bitcoind on single VPS and use RPC for doing wallet operations. I planning that to generate different address for each new users.

My question is

  1. My idea is correct or a best practice..??
  2. Binance like excahange is generete a single coin address for each coin. I thing Binance is doing to run single node for generate multiple address. Is it correct..??
  3. Actually multiple address is equal to multiple wallet on user side...??

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