Diving into the world of BIP standards for generating child seeds from a master seed can feel a bit overwhelming, but you’re on the right track with BIP-85!
It builds on the foundation of hierarchical deterministic (HD) wallets from BIP-32, refined to make deriving child seeds much more intuitive.
The real win with hardware wallets like BitBox02 and Blockstream Jade is their straightforward app design: no need to write code or manually track derivations like in Sparrow or Electrum.
You just pick a number (say, #1 for ‘Nipote Luca Xmas’), generate a child seed, and name it right in the app.
Klever uses standard BIP-39 seeds to create addresses, with naming handled through simple in-app notes for easy tracking, but BIP-85 gives you full wallet separation, recoverable with your master seed and the number you chose.
As an Italian, I love how this keeps family gifting organized – it’s like labeling jars in nonna’s kitchen!
Labeling UTXOs is simpler, but BIP-85 is perfect for your nieces/nephews’ sats.
I’m sure @BTCsessions’ video will break it all down perfectly – don’t be afraid to experiment, creating wallets carries no risk.
With fees low right now, load a few thousand sats and try recovering them without the seed, just using the serial number or label.
Sharing these tips keeps our sats and stories secure.
Hope the video sparks some ideas!
🧡
#Bitcoin #Nostr"