arno/bitcoinbook
1
0
Fork 0
mirror of https://github.com/bitcoinbook/bitcoinbook synced 2024-11-22 16:18:11 +00:00
Code Issues Releases Wiki Activity

Made changes to ch04.asciidoc

Browse Source
This commit is contained in:
myarbrough@oreilly.com 2014-11-18 07:38:40 -08:00
parent 2dd5da7d40
commit c7c0a98877
1 changed files with 1 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

2
ch04.asciidoc
View File

@ -775,7 +775,7 @@ BIP0044 specifies the structure as consisting of five predefined tree levels:
+m / purpose' / coin_type' / account' / change / address_index+
((("coin type level (multiaccount structure)")))((("purpose level (multiaccount structure)")))The first level "purpose" is always set to +44'+. The second level "coin_type" specifies the type of crypto-currency coin, allowing for multicurrency HD wallets where each currency has its own subtree under the second level. There are three currencies defined for now: Bitcoin is m/44'/0', Bitcoin Testnet is m/44'/1'; and Litecoin is m/44'/2'.
((("coin type level (multiaccount structure)")))((("purpose level (multiaccount structure)")))The first-level "purpose" is always set to +44'+. The second-level "coin_type" specifies the type of cryptocurrency coin, allowing for multicurrency HD wallets where each currency has its own subtree under the second level. There are three currencies defined for now: Bitcoin is m/44'/0', Bitcoin Testnet is m/44'/1'; and Litecoin is m/44'/2'.
((("account level (multiaccount structure)")))The third level of the tree is "account," which allows users to subdivide their wallets into separate logical subaccounts, for accounting or organizational purposes. For example, an HD wallet might contain two bitcoin "accounts": m/44'/0'/0' and m/44'/0'/1'. Each account is the root of its own subtree.