What derivation path does the BitBox02 use?

Bitcoin & Litecoin

• The BitBox02 generates wallet addresses according to BIP32 and BIP44 specifications.
• The BIP32 extended master private key is m.
• BIP 44 specifies the following standard:
  • m / purpose’ / coin_type’ / account’ / change / address_index

Purpose field

• Purpose is set as follows:
  • Segwit (P2WPKH-P2SH) = 49’
  • Native Segwit (P2WPKH) = 84’
  • Taproot (P2TR) = 86’

Coin_type field

• Coin_type is set in accordance to SLIP-44:
• Bitcoin = 0'
• Testnets = 1’
• Litecoin = 2'

Account field

• The default account in the BitBoxApp is 0'. Any additional accounts will increment the account field.

Change field

• 0 for normal receive addresses.
• 1 for internally generated change addresses.

Address field

• Addresses are numbered from index 0 in sequentially increasing manner.

Ethereum

• Path: m / 44' / 60' / 0' / 0 / account
• Account: The default Ethereum account in the BitBoxApp is 0. Any additional accounts will increment the account field.