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Definition · Keys & custody

Was ist HD wallet?

A hierarchical deterministic wallet, where an unlimited tree of keys is derived from one seed.

Standardised as BIP-32 and friends, HD wallets solved backup: one seed covers every future address, so you back up once rather than after every transaction.

The derivation paths are standardised too, which is why a seed phrase can usually be restored in a different wallet from the one that created it.

Verwandte Begriffe

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