New BIP32 structure



Summary:

In an email conversation on March 27, 2014, Tamas Blummer proposed a new method for identifying cryptocurrencies. Instead of creating a directory of magic numbers to represent each currency, Blummer suggested using the hash of the currency's name to avoid collisions and eliminate the need for a central directory.


Updated on: 2023-06-08T16:25:20.298975+00:00