Glossary term

HD Wallets

Hierarchical Deterministic Wallet. Uses a 12 word mnemonic phrase or ‘seed’ to generate a Hierarchical tree like structure of keys, allowing the user to use multiple addresses in…

  • Updated August 17, 2018
  • First published April 25, 2018
  • Reading time 1 minute
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Definition

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Hierarchical Deterministic Wallet. Uses a 12 word mnemonic phrase or ‘seed’ to generate a Hierarchical tree like structure of keys, allowing the user to use multiple addresses in a single wallet.

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