ratiofreedom on Nostr: 📖 Bitcoin Basics 📖 Hierarchical Deterministic (HD) wallets have revolutionized ...

📖 Bitcoin Basics 📖

Hierarchical Deterministic (HD) wallets have revolutionized #Bitcoin security & account management.

From a single seed phrase, users can access:
- Billions of addresses for transactions
- Seamless address organization
- Efficient UTXO management
- Human readable backups
- Enhance privacy