When it comes to security of crypto wallets, some wallets are backed by the latest encryption technologies. On the other hand, some crypto wallets are running on old & rusted versions. However, when it comes to Hierarchical Deterministic (HD) wallets, they are indeed tamper proof.
HD wallets are a new-age digital wallet that automatically produces a hierarchical-tree like architecture of public and private keys. These public/private keys are derived from a single master seed (a combination of 12/24 random words) which is then followed by a counter value to create a distinct wallet address under its umbrella. This, altogether, eliminates the need to back up every single public/private key since in HD wallet, all the new public/private keys have been derived out of the master seed.
HD wallets offer a variety of superior services over traditional wallets in cryptocurrencies. They help the users preserve their privacy by executing every transaction on separate addresses. This makes the back-tracking of crypto assets more difficult and thus, prohibits anyone to know your trading data.
In terms of security, user interface, wallet trading, and mobility, Acquanaut’s HD wallet can solve all the concerns and purposes.
Acquanaut HD wallets are built on the Acquanaut blockchain network which is powered by quantum computing, giving its wallet an additional layer of security. Since the wallet will house a decentralized trading market for all the cryptocurrencies, the exchange of coins/tokens will be seamless and no market manipulation can be done. Acquanaut HD wallet is secure and eliminates the need for the user to constantly generate and wait for the secure keys to be generated, so they only need to worry about taking the backup.