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 (P2PSH) = 49’
  • Native Segwit (P2WPKH) = 84’

Coin_type field

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

Account field

• The BitBoxApp currently only supports a single account, therefore wallets created via the BitBoxApp will use 0' for the account field.
• Other wallet apps might allow you manually change the derivation path.
  • In that case it’s important that you write down which path you chose.

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 / purpose’ / coin_type’ / account’ / address_index
• The BIP32 extended master private key is m.
• Purpose: usually 44'
• Coin_type: usually 60'
• Account: usually 0'
• Address_index: Addresses are numbered from index 0 in sequentially increasing manner.
• Other wallet apps might allow you manually change the derivation path.
  • In that case it’s important that you write down which path you chose.