Non-Deterministic-Wallet
A Non-Deterministic-Wallet: defined cryptocurrency as a type of cryptocurrency wallet which generates its private keys randomly and independently.
Unlike a hierarchical deterministic wallet, a non-deterministic wallet requires a user to make backups periodically.
The number of users of non-deterministic wallets is currently declining, as people opt for the more modern hierarchical deterministic wallets, such as Mycelium or Trezor.
See also: Type of cryptocurrency wallets
A Non-Deterministic-Wallet: defined cryptocurrency as a type of cryptocurrency wallet which generates its private keys randomly and independently.
Unlike a hierarchical deterministic wallet, a non-deterministic wallet requires a user to make backups periodically.
The number of users of non-deterministic wallets is currently declining, as people opt for the more modern hierarchical deterministic wallets, such as Mycelium or Trezor.
See also: Type of cryptocurrency wallets
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