Hierarchical Deterministic Wallet (Hd Wallet)
| A Hierarchical Deterministic Wallet, or HD Wallet, is a type of cryptocurrency wallet that uses a master seed to generate an infinite number of private keys. This master seed is a string of 12 words that can be used to generate an infinite number of addresses. HD wallets are often used by exchanges and wallets that support multiple currencies, as they allow for the easy management of a large number of addresses. |
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