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A unique wallet address. Used to manage and store funds in UTxOs.

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Is it possible to generate secp256k1 addresses?

SECP256k1 is currently just the verify functions for ECDSA/Schnorr signatures in a plutus script (smart contracts). Cardano uses ed25519 for its payment key pairs that addresses are derived.
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2 votes

Transfer funds to "heir" - Possible?

No, because there is no mechanism to build and submit transactions on-chain. The closest option to what you want would be to create a simple timelocking script and send funds to the script's address. …
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