Hierarchical Deterministic BIP32 / BIP44 (HD) wallet

[taghvaei]

May I know if you supporting Hierarchical Deterministic BIP32 / BIP44 (HD) wallet so we can generate multiple child wallet which can connect to our main deposit wallet in BTCmarkets, if so can I have API documentation for it.

[justin-ngin]

Hi @taghvaei ,

Could you please describe in a little more detail how you'd like BTC Markets to support HD wallets?

Thanks,
Justin

[taghvaei]

In the ideal scenario while BTCmarket still keep private keys, I would like to manage my wallet creation process and structure in a way which their API let me to generate different child and parent public key as per my preference and order, but if it’s hard to implement this I would suggest to let us to generate a new unused deposit address for each currency ,

[justin-ngin]

@taghvaei ,

Let me bring this up with the engineering team and see what they think. Could you shed some light on the use-case for this? I can see the benefits of having your own HD wallet and sets of keys, but I'm afraid I'm missing the benefit of child wallets stored in our platform. Please get back to me, and I'll update this issue moving forward with information regarding a possible implementation of this.

Thanks,
Justin

[taghvaei]

Thanks @justin-ngin ,
if you want to make a platform to receive fund from different user's or department of your company while you don't want to give one deposit public key to everyone and in the same time you want to keep track of transaction confirmation separately, currently many exchange provide this option for example Bitfinex deposit has a renew form which if it set to 1 and it will create a new address every time you call API.

https://bitfinex.readme.io/v1/reference#rest-auth-deposit

[taghvaei]

@justin-ngin any update?

[justin-ngin]

@taghvaei ,

Sorry, no updates yet, but we haven't forgotten! I'll let you know as soon as I hear.

Cheers,
Justin