The purpose of Bitcoin HD (hierarchical deterministic wallets) is to enable a user to have limitless addresses without needing to go through the tedious process of backing up each address's private key - this greatly simplifies and encourages best practice to not re-use addresses.

But it was still difficult to write down an extended private key (error prone) - solved with BIP39, allowing users to write down WORDS from a protocol (2048 protocol words) which then are used to calculate the extended private key (a NUMBER) - the user won't need to write that down.

To see this in action, you can do this fun exercise of creating your own seed, and you might learn a lot...

armantheparman.com/dicev2/

https://twitter.com/parman_the/status/1523909150857908226?t=b5yr_TTaHpxf-LgOadrD3g&s=19

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This is an exceedingly well crafted note sir

Thank you

🙏

Somehow the link doesn’t work

The #Bitcoin halving is priced in for the 0.1% of the world population that understands it. the other 99.9% aren’t paying attention. get ready for the green candles🚀

This is the phase we’ve been preparing for since the lows of late 2022, Until then just keep stacking, and build your sats with passive arbitrage tools to 100x your sats.

If you’re a fan of #bitcoin and you haven't rebelcapitalist yet then I don’t even know what you’re doing here!

Vip group: https://t.me/rebelcapitalistshow

Arbitrage: https://www.youtube.com/watch?v=kX7inr8yy1s