When constructing the path for a node in a wallet tree, the default value for cointype is 60 for ethereum.
Why is that?
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Sign up to join this communityWhen constructing the path for a node in a wallet tree, the default value for cointype is 60 for ethereum.
Why is that?
According to Reddit and a pull request about SLIP-0044, it's because the symbol for Ether is Ξ, which is 60 in greek numerals.