Replying to Avatar Satoshi Consult🔑

16/n

Private Child Key Derivation.

HD wallets utilize Child Key Derivation to derive child keys from parent keys. A hash function, chain code, and index number play pivotal roles in this process. Understand how private child keys are securely derived.
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Satoshi Consult🔑 2y ago

17/n

Extended keys serve as the root of a branch, allowing the derivation of entire subtrees. Whether extended private keys for complete branches or extended public keys for public key–only deployments, they play a key role in HD wallet functionality.

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Satoshi Consult🔑 2y ago

18/n

Using Extended Public Key on a Web Store utilizing nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg

Bringing it home with a practical example! Learn how Joe's web store leverages HD wallets. By using an Extended Public Key (xpub), he enhances security, simplifies order processing, and maintains control over funds.