How do deterministic wallets derive multiple keys from one seed?
Deterministic wallets use a single seed phrase (a sequence of words, usually 12, 18, or 24 words) to generate multiple private keys in a structured and repeatable way. The process follows a hierarchical deterministic (HD) structure, typically defined by BIP-32, BIP-39, and BIP-44 standards. Here’s how they work: 1. Seed Generation (BIP-39) 2. Master Key … Read more