Thread - Nostr Hypermedia

Satoshi Consult🔑 satoshiconsult@satoshiconsult.com 2 years ago

1/n The term "wallet" wears multiple hats. At its core, it's an app managing keys, addresses, balances, and transactions. From a programming standpoint, a wallet is the structure housing a user's keys. Let's delve into the intricacies, focusing on key functions.

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Satoshi Consult🔑 satoshiconsult@satoshiconsult.com 2 years ago

2/n A vital distinction in wallets lies in key derivation. They're either nondeterministic (random keys) or deterministic (derived from a seed). Nondeterministic wallets, often a collection of random keys, are cumbersome for backup and usage, challenging address reuse principles.

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