Home / Tag Archives: Hierarchical Deterministic

Tag Archives: Hierarchical Deterministic

What is a Bitcoin HD Wallet?

What is a Bitcoin HD Wallet

HD is short for Hierarchical Deterministic. Usually, bitcoin wallets create a new bitcoin address from a unique random number. That process requires you to make a new separate backup each time you create a new address. HD hwallets however use a single bitcoin address for all transactions. HD wallets, like …

Read More »