HD wallet
A hierarchical deterministic wallet that derives a tree of keys from shared seed material.
In more detail
An HD wallet can create many receiving addresses without needing a separate backup for each new key. Its tree organizes accounts and addresses through derivation paths. Restoring software also needs compatible paths and address conventions; an empty-looking screen can mean it is looking in the wrong place.
How you might use it
"New receiving address again? Yes. My HD wallet derives it from the same backed-up seed material."
- Written out
- Hierarchical deterministic wallet
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