1. What is a HD wallet?
A HD wallet, short for hierarchical deterministic wallet, is a cryptocurrency wallet that can be backed up and imported using its mnemonic. Users can manage multiple addresses through a single HD wallet. HD wallets contain private keys in a tree structure, in which parent keys can produce children keys, which can produce grandchildren keys, and so on, infinitely.
2. Generate a new wallet with the mnemonic
The m/purpse’/coin_type’/account’/change/address_index hierarchical path structure is adopted for wallet generation in TronLink. For example, if your HD wallet uses path m/44’/195’/0’/0/0, the next account generated based on the same HD wallet will be using m/44’/195’/0’/0/1, according to the path auto-increment logic.
3. Import a wallet with the mnemonic
TronLink adopts the single-HD wallet structure. The first HD wallet you create in or import to TronLink will be displayed as the master HD wallet. Wallets imported through other mnemonics later will be displayed as private key wallets. But their mnemonics can still be backed up.