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RE: LeoThread 2025-10-20 16-44

in LeoFinance2 days ago

Part 7/10:

Managing multiple Bitcoin wallets can be a logistical headache. The Cold Card Q's BIP85 feature simplifies this by enabling you to generate many child seed phrases from a single master seed. This hierarchical deterministic approach streamlines backup and recovery processes.

How to Use BIP85:

  • Navigate to Advanced SL Tools > Derive Seeds (BIP85).

  • Select the desired seed length (12, 18, 24 words).

  • Input an index number (0-9999) for different accounts.

  • The Cold Card generates a unique seed phrase without creating multiple master seeds.

Practical Applications:

  • Create separate wallets for savings, spending, or specific projects.

  • Import these derived seed phrases into wallets like Blue Wallet or Sparrow.