Hi I/O team!
Can someone please help me to understand your new DIONS wallet restore function:

Is your wallet hierarchical deterministic, I mean: a ONETIME Backup of the private key is ALL one needs, in order to be able to restore his wallet at any given time?

OR: Is the private key NOT enough, and instead one must ensure REGULAR backups??


If the latter is the case: Why make it so complicated ? Its much more secure and comfortable to use onetime feature.  is it technically really so complex to provide a hierarchical deterministic solution (like many other current wallets coinomi, parity, electrum, etc. offer)?

Looking forward to your reply, thx!