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With deterministic keys we can generate and regenerate thousands of keys, all derived from a single seed in a deterministic chain. This technique is used in many wallet applications to generate keys that can be backed up and restored with a simple multi-word mnemonic. This is easier than having to back up the wallet with all its randomly generated keys every time a new key is created.
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With deterministic keys we can generate and regenerate thousands of keys, all derived from a single seed in a deterministic chain. This technique is used in many wallet applications to generate keys that can be backed up and restored with a simple multiword mnemonic. This is easier than having to back up the wallet with all its randomly generated keys every time a new key is created.
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