BIP-85 enables the generation of multiple independent wallets (child keys) from a single master seed using your BitBox02 hardware wallet. This guide addresses common questions and provides troubleshooting tips to help you effectively use BIP-85.
Frequently asked questions
Can I recover a child key if I lose its mnemonic phrase?
Yes, provided you have your master seed and the specific parameters used to generate the child key:
- Word count: 12, 18, or 24 words
- Index number: The unique identifier for the child key
Using these, you can regenerate the same child key. It's crucial to securely record the index number associated with each child key.
Does using a passphrase affect BIP-85 child key generation?
Yes. If you use a passphrase with your BitBox02, it becomes part of the seed derivation process. Ensure consistent use of your passphrase when generating or recovering child keys to maintain access to the correct wallets.
Can I import BIP-85 child keys into other wallets?
Yes. BIP-85 child keys are standard BIP-39 mnemonic phrases and can be imported into any wallet that supports BIP-39. This allows for flexibility in managing your wallets across different platforms.
Is it safe to use BIP-85 for creating wallets for others?
While technically possible, it's not recommended to create wallets for others using your master seed, as you would have access to their funds. If you choose to do so, ensure that the recipient is aware of this and that appropriate trust and security measures are in place.
Additional questions?
If you have another questions not addressed here, consult the BitBox Support Hub for more resources or contact the support team directly.