Deterministic Wallet Formats

Type 1: Single Chain Wallets

A Type 1 deterministic wallet is 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 DerivationOverview Of Hierarchical Deterministic Key Derivation

For an overview of the HD wallet, please see the developer guide section. For details, please see BIP32.


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