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How I understand MEW suppose three cases of wallet:

  1. MEW Wallet
  2. By Keystore File
  3. 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.

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  • You say "A keystore file contains an encrypted private key." Do the Keystore file contain only one key? For example, If I use KF then I can use only one PK. Or I can create another KF with another PK. But I can't create two private keys in one KF. For that, I have to use HD. Am I right or wrong? – Mr. JE Apr 18 at 23:08
  • @Mr.JE A keystore file contains a single private key, but you can have many keystore files. – Ismael Apr 19 at 4:06
  • Thanks a lot. :) – Mr. JE Apr 19 at 5:57

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