Wallets #
Deterministic Wallet Formats #
Type 1: Single Chain Wallets #
Type 1 deterministic wallets are the simpler of the two, which can create a single series of keys from a single seed. A primary weakness is that if the seed is leaked, all funds are compromised, and Wallet sharing is extremely limited.
Type 2: Hierarchical Deterministic (HD) Wallets #
Overview Of Hierarchical Deterministic Key Derivation
For an overview of HD wallets, please see the developer guide section. For details, please see BIP32.
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