Finance & Economics / Blockchain & Crypto
HD Wallet Derivation Path Calculator
SLIP-44 registered coin types
Usually 0 for first account
Sequential address number
HD Wallet Derivation Paths
HD (Hierarchical Deterministic) wallets use derivation paths to generate multiple addresses from a single seed phrase using BIP-32.
Path Format:
m / purpose' / coin_type' / account' / change / address_index- m: Master key (root)
- purpose': BIP standard (44/49/84/86)
- coin_type': Cryptocurrency (0=BTC, 60=ETH, etc.)
- account': Account number (usually 0)
- change: 0=receive, 1=change addresses
- address_index: Sequential address number
Note: Apostrophe (') indicates hardened derivation
Common Standards:
- BIP-44 (m/44'): Legacy addresses
- BIP-49 (m/49'): SegWit wrapped (P2SH)
- BIP-84 (m/84'): Native SegWit (Bech32)
- BIP-86 (m/86'): Taproot (P2TR)
Examples:
- m/44'/0'/0'/0/0 - First Bitcoin legacy address
- m/84'/0'/0'/0/0 - First Bitcoin SegWit address
- m/44'/60'/0'/0/0 - First Ethereum address
- m/44'/118'/0'/0/0 - First Cosmos address
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