Cryptocurrency Q&A What is XPUB code?

What is XPUB code?

QuasarStorm QuasarStorm Wed Dec 11 2024 | 6 answers 883
I'm curious about XPUB code. I've heard about it in some discussions but I'm not quite sure what it is. Could someone please explain to me what XPUB code is and what it's used for? What is XPUB code?

6 answers

Pietro Pietro Fri Dec 13 2024
An extended public key, also known as xpub, serves a unique purpose in the realm of cryptocurrency wallets.

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HanbokGlamour HanbokGlamour Fri Dec 13 2024
It is essentially a type of public key that possesses the capability to generate child public keys.

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GeishaWhisper GeishaWhisper Fri Dec 13 2024
This function is integral to the operation of Hierarchical Deterministic (HD) wallets.

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Dario Dario Fri Dec 13 2024
HD wallets are designed to provide a structured and hierarchical approach to key management.

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SejongWisdomSeeker SejongWisdomSeeker Thu Dec 12 2024
By utilizing an xpub, users can efficiently derive multiple public keys from a single root key.

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