Thanks for this information. I see that nostr:nprofile1qqspnzgrfett3asxcuj0gksje6z2zxzpvgd27uvz58m9vsuqh8zzw6cpr9mhxw309a382emdv9hzumt8w4ujumn9wsargwp58qq3vamnwvaz7tmzv46xztnwdaehgunfdshxxctd9a4sn7 created a video on bip-85. Watching it now. From what I've been able to find, klever wallet uses bip-39, so I don't know how they're pulling off naming each address.
For your use case, I think BIP-85 is perfect – it lets you derive 'n' child keys from a master seed, each tied to a serial number you choose.
For example, pick numbers tied to your nieces/nephews (birthdays, anniversaries, or just 1, 2, 3...). With your master seed (keep it yours, offline!), you can generate infinite gift addresses and recover coins if they’re lost, using just the seed + serial index.
It’s a top feature, super secure with hardware wallets!
BitBox02 and Blockstream Jade make it intuitive – check this BitBox post for a clear breakdown:
https://blog.bitbox.swiss/en/using-bip-85-child-keys-with-the-bitbox/
Labeling UTXOs is simpler, but BIP-85 nails family gifting.
I love that you’re bringing your nieces/nephews into Bitcoin – as an Italian, la famiglia is everything to me!
They will be forever grateful to you.
Sharing these tips keeps our ledgers and hearts organized.
🧡
#Bitcoin #Nostr
Discussion
Diving into the world of BIP standards for generating child seeds from a master seed can feel a bit overwhelming, but you’re on the right track with BIP-85!
It builds on the foundation of hierarchical deterministic (HD) wallets from BIP-32, refined to make deriving child seeds much more intuitive.
The real win with hardware wallets like BitBox02 and Blockstream Jade is their straightforward app design: no need to write code or manually track derivations like in Sparrow or Electrum.
You just pick a number (say, #1 for ‘Nipote Luca Xmas’), generate a child seed, and name it right in the app.
Klever uses standard BIP-39 seeds to create addresses, with naming handled through simple in-app notes for easy tracking, but BIP-85 gives you full wallet separation, recoverable with your master seed and the number you chose.
As an Italian, I love how this keeps family gifting organized – it’s like labeling jars in nonna’s kitchen!
Labeling UTXOs is simpler, but BIP-85 is perfect for your nieces/nephews’ sats.
I’m sure @BTCsessions’ video will break it all down perfectly – don’t be afraid to experiment, creating wallets carries no risk.
With fees low right now, load a few thousand sats and try recovering them without the seed, just using the serial number or label.
Sharing these tips keeps our sats and stories secure.
Hope the video sparks some ideas!
🧡
#Bitcoin #Nostr"