The two tags hd-wallet and deterministic appear to be encompassing the same scope. Does it make sense to keep both, or should they be merged? If they are different, how?
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1 Answer
They're describing different things. Deterministic wallets derive all keys from a seed. Hierarchical deterministic wallets derive subkeys from a seed, and generate subkeys from those. That allows you to share part of a wallet with someone else, which isn't possible with deterministic wallets.
All hd-wallet questions are deterministic questions, but not all deterministic questions are hd-wallet questions.
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1I get the feeling that the current tagging doesn't reflect this difference though. :/– Murch ModCommented Jan 10, 2017 at 0:13
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Are there there currently any deterministic wallets that are not HD? I thought those were something that died out when HD came along.– JestinCommented Jan 10, 2017 at 14:58