HD Wallets

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:cryptocurrency
gptkbp:advantage enables hierarchical organization of keys
simplifies wallet backup
gptkbp:category gptkb:cryptocurrency
cryptography
digital wallets
gptkbp:definedIn gptkb:BIP32
gptkb:BIP44
gptkbp:enables account isolation
address generation without exposing private keys
deterministic key generation
gptkbp:example gptkb:MetaMask
gptkb:Trezor
gptkb:Ledger_Nano_S
gptkb:Electrum
gptkbp:feature child key derivation
easy backup and recovery
generate tree of key pairs from a single seed
private key derivation
public key derivation
support for multiple cryptocurrencies
support multiple accounts
gptkbp:features seed phrase required
single point of failure if seed is compromised
gptkbp:fullName gptkb:Hierarchical_Deterministic_Wallets
https://www.w3.org/2000/01/rdf-schema#label HD Wallets
gptkbp:introducedIn 2012
gptkbp:inventedBy gptkb:Pieter_Wuille
gptkbp:standardizedBy gptkb:Bitcoin_Improvement_Proposals
gptkbp:usedIn gptkb:Bitcoin
gptkb:Ethereum
gptkbp:bfsParent gptkb:BIP32
gptkbp:bfsLayer 7