Example of BIP32

Address path (BIP32)

Address path (BIP32) defines how to derive private and public keys of a wallet from a binary master seed (m) and an ordered set of indices.
BIP32 derivation path:
m / 0' / 0' /k'
BIP32 extended private key represents the extended private key derived from the derivation path.
  • Example of BIP32 extended private key:
xprv9v3zEm9W9QhLnMUEG9BkmpmGAf96uXh5NLMsdLWCVLur1fj26MY5ZjcXrb2aBF4U6uhzzs7Vw9jGopHxBYjsSmgozFBakbGiBgffGHunjTB

Trezor and BIP32 address path

Trezor uses BIP44, which is based on BIP32. BIP44 dictates the derivation path:
m / purpose' / coin_type' / account' / change / address_index
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