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Table 4-7. 256-bit entropy mnemonic code and resulting seed entropy input (256 bits) mnemonic (24 words) seed (512 bits) 2041546864449caff939d32d574753fe684d3c947c3346713dd8423e74abcf8c cake apple borrow silk endorse fitness top denial coil riot stay wolf luggage oxygen faint major edit measure invite love trap field dilemma oblige 3972e432e99040f75ebe13a660110c3e29d131a2c808c7ee5f1631d0a977fcf473bee22\ fce540af281bf7cdeade0dd2c1c795bd02f1e4049e205a0158906c343 Hierarchical Deterministic Wallets (BIP0032/BIP0044) Deterministic wallets were developed to make it easy to derive many keys from a single “seed”. The most advanced form of deterministic wallets is the Hierarchical Determin‐ istic Wallet or HD Wallet defined by the BIP0032 standard. Hierarchical deterministic wallets contain keys derived in a tree structure, such that a parent key can derive a sequence of children keys, each of which can derive a sequence of grandchildren keys and so on to an infinite depth. This tree structure is illustrated below: Figure 4-9. Type-2 Hierarchical Deterministic Wallet: A Tree of Keys Generated from a Seed 88 | Chapter 4: Keys, Addresses, WalletsPDF Image | Mastering Bitcoin
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