How I understand MEW suppose three cases of wallet:
- MEW Wallet
- By Keystore File
- By Mnemonic Phrase
I know the created wallet by Mnemonic Phrase is kinda HD.
What wallets are HD? And how can I determine the kind of wallet?
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HD Wallets refer to Hierarchical Deterministic wallets. These wallets can generate multiple "child" keys from a master seed using a derivation algorithm. The seed is generated from a collection of words, usually 12 or 24.
A keystore file contains an encrypted private key.
MEW Wallet is the mobile application.