Hierarchical Deterministic (HD) wallet

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instance_of gptkb:cryptocurrency
gptkbp:allows generation of multiple addresses
gptkbp:can_be_backed_up_using seed phrase
gptkbp:can_be_restored_using seed phrase
gptkbp:can_be_used_for cold storage
gptkbp:can_be_used_with hardware wallets
software wallets
gptkbp:can_create public and private keys
gptkbp:controls multiple cryptocurrencies
gptkbp:enables deterministic key generation
gptkbp:facilitates transaction tracking
gptkbp:feature modern wallets
https://www.w3.org/2000/01/rdf-schema#label Hierarchical Deterministic (HD) wallet
gptkbp:is_a_key_component_of crypto asset management.
gptkbp:is_a_solution_for address management
gptkbp:is_associated_with financial privacy
gptkbp:is_based_on cryptographic principles
BIP32
gptkbp:is_beneficial_for portfolio management
gptkbp:is_compatible_with gptkb:Bitcoin
gptkb:Ethereum
gptkbp:is_defined_by BIP44
gptkbp:is_designed_to enhance user experience
simplify wallet management
gptkbp:is_essential_for secure transactions
gptkbp:is_implemented_in various wallet software
gptkbp:is_integrated_with d Apps
gptkbp:is_often_used_in security experts
new users
cryptocurrency exchanges
gptkbp:is_part_of gptkb:blockchain_technology
gptkbp:is_popular_for cryptocurrency users
gptkbp:is_recognized_by cryptocurrency community
gptkbp:is_recognized_for user-friendly design
gptkbp:is_recommended_for long-term storage
gptkbp:is_standardized_by wallet interoperability
gptkbp:is_subject_to security best practices
gptkbp:is_used_for secure cryptocurrency storage
gptkbp:is_used_in decentralized finance (De Fi)
gptkbp:is_utilized_by gptkb:traders
gptkbp:provides improved privacy
gptkbp:reduces address reuse
gptkbp:supports account hierarchy
gptkbp:technique key management
gptkbp:type_of non-custodial wallet
HD wallet
gptkbp:uses seed phrase
gptkbp:bfsParent gptkb:Chia_Network
gptkbp:bfsLayer 6