Post
Topic
Board Electrum
Re: Who pays to create a wallet and store wallet on blockchain?
by
ranochigo
on 09/01/2017, 04:00:32 UTC
How many bytes is a typical private key?  If does not seem like enough.  The seed is rather small compared to a typical bitcoin private key.  The vowels can also be eliminated.  I think I will keep regular client.
A typical private key is 33bytes, IIRC.

The seed is much more userfriendly as compared to clients that do not use HD deviation. Hierarchical deterministic wallets enables the seed to create an unlimited number of private keys and the change address and every other address used can be derived from the seed. The seed can be used to derive a private key too. What do you mean by having the vowels eliminated?