Deterministic wallets are cryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... Read More wallets that generate a master seedA master seed is a collection of all the private keys necessary to generate every address for a cryptocurrency wallet.... Read More. The master seed generates all private keys and public addresses for the walletWallets are a digital storage facility for digital currency. A wallets can exist as a software program on a computer... Read More. The wallet owner can generate an infinite number of private keys and public addresses without concern for data loss. However, if the master seed is lost or compromised, the wallet owner will lose access to all private keys.
