There aren’t any accounts in Bitcoin. Its based mostly on UTXO.
In line with assist.ledger.com:
Once you add an account, Ledger Dwell will get its distinctive prolonged public key out of your Ledger machine. Because of the xpub, Ledger Dwell then generates particular person public addresses and checks their balances within the blockchain to calculate your account stability.
So accounts in Ledger Nano S are HD wallets with a grasp public key and many addresses.
If there aren’t any transactions there will likely be nothing on blockchain to hyperlink them. Ledger servers have the details about your XPUB, addresses and many others. so it’s best to use your Bitcoin full node for higher privateness
In some instances there may be different methods to hyperlink two transactions, addresses and many others.
- Some data shared on-line by person.
- Coinbase on this instance has all of the details about person and one of many pockets. If person shouldn’t be utilizing his full node and explorer, IP deal with can be utilized to hyperlink.
- Compelled deal with reuse: https://en.bitcoin.it/wiki/Privateness. Sending small quantities of bitcoin to similar deal with and look ahead to person to spend them hoping to get extra details about pockets.
- The rest widespread in these two transactions: time, quantity, sort, model, locktime, charges, change and many others. Most of them ought to be totally different on this instance.
- Future transactions from these two wallets.