Ethereum HD / Sentement wallets: receive your unreasonable operations
When you have to manage your Ethereum funds, the two popular methods are HD (material) and deterministic portfolios. The two methods allow you to keep your personal keys safely and effectively, but they differ in their approach to receive the balance of your wallet.
HD portfolio
HD portfolios use a combination of public and private keys to manage your Ethereum assets. The process is to create a sentence of seeds from your HD portfolio that is used to generate a new portfolio with the same funds. This guarantees that you always have access to your property, despite any change in your private key.
To balance your wallet using the HD wallet:
- Create a new sentence of seeds: Export your HD wallet and create a new sentence of seeds.
- To create a new portfolio, use a sentence of seeds: Import a new sentence of seeds in another Ethereum portfolio program or software.
- Load your own funds: transfer the property of the original portfolio to the new.
Determined wallet
On the other hand, the deterministic wallets only protect the deterministic version of your private key and your related public key. The deterministic key is a fixed line that never changes, despite the changes to your private key. This approach offers excellent security because it guarantees that your portfolio balance does not change, even if your private key is damaged.
To balance your wallet using a deterministic wallet:
- Import a private key: Use a deterministic portfolio program or software to import your private key.
- Calculate the public key: when you have a private key, use it to calculate the associated public key.
- Load your own funds: Transfer the property of the original portfolio (which no longer controls them) in a new portfolio with a calculated public key.
Comparison and conclusion
HD portfolios offer a more flexible approach to Ethreum assets because you can always create a new portfolio if necessary. However, more care efforts are necessary to manage several monetary sentences and seeds. On the other hand, the deterministic wallets offer excellent security, but are more strict in their point of view.
If you use an HD portfolio with a generation of public keys, you don’t need to request unpublished operations (UXT) to get your wallet balance. A private key is sufficient to check the validity of transactions and properties linked to it. However, if you use a deterministic wallet, you will have to import a private key and calculate the public key to make your funds.
After all, the choice between HD portfolios and deterministic wallets depends on your preferences and personal needs. If security and flexibility are the most important, the HD portfolio can be a better choice. However, if simplicity and simplicity are more important, the deterministic portfolio can be the way to follow.