How do you explain a BIP32 Hierarchical Deterministic wallet?

#asknostr

Importing a seed phrase under the wrong derivation path will make it appear the funds are lost.

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Derivation paths are usually / should be standardized, but since wallets often don't care, there are lists out there of the paths used by many wallets.

Thank you 🙏

A set of accounts, each with a list of addresses for receiving, and for change.

Load the wrong account and you see nothing.

This isn't technically correct/complete but may be enough.

I visualize it as a tree, each leaf is a Bitcoin address. Probably not very useful for the uninitiated.

Maafakin Upside down trees

this is the same way I look at it. it gets even crazier when bip85 comes into the mix.

😵‍💫

I love the simplicity in just using keys.

Key 🔐