About Nano Wallet Information tips

Tech Support
#1

Recently, When I use the Nano wallet, i notice this wallet has some information tips as below:
“Each wallet has a primary private key (yours is shown above) that is used to create deterministic secondary accounts (BIP32). This feature requires to use the same password or it will generate different secondary accounts for the same primary private key.”

1、I am wondering if I import the same private key and password, the new wallet will be generated which have the same account name as old one even if I do not input the new account name ?
2、what is BIP32?

I will appreciate if someone can explain for me :slight_smile:

#2

If the first account is the same and the Wallet password is the same, because of the BIP 32 method, the address of the Secondary account is determined before generation.
This is also true for Remote addresses.

For many things such as Bitcoin, BIP 32 or its compatible address generation method is used.
If BIP 32 decides only the first Randam Seed, it will generate the same address in order.

The part related to this Randam Seed is the Primary secret key in NEM, it is the Wallet password.

Thanks

#3

what does the “first” account and “secondary” account mean?thanks

#4

I am not clear where this info was posted about secondary account.
My assumption is that secondary account is referring to the delegated account. Used for security when using delegated harvesting.

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