Post
Topic
Board Bitcoin Discussion
Re: How does BIP39 work? Is all the information in the seed?
by
superlative
on 26/10/2017, 23:46:32 UTC
I was able to find this:
https://www.reddit.com/r/Bitcoin/comments/6iphd6/recovery_seed_12_words_vs_24_words/

And I think it sort of explains it, and I get that if you enter the words into a algorithm it will spit out the right key - but in the case of Ledger, Ledger can store 10+ different cryptocurrencies - how can the addresses of all those currencies be determined by just 24 words?  The math escapes me.

Thanks!