would you like to explain me about this project with simple explanations and easy to understand mate
because how can we use one private key for all our wallet address ?
thank you
Sir,
Yes, I will try to be simple as you say.
As we know, each cryptocurrency address is created with an algorithm based on the "private key".
What we do is use that private key and with this we use different algorithms for the generations of the main addresses of the different blockchain technologies that currently exist, we are managing them as AX and BX series based on the type of ECC (Elliptic curve cryptography) algorithm of where they originate. For example the AX series (Bitcoin - secp256k1) and the BX series (Monero - Ed25519). These two types of ECC are the most used in cryptocurrencies.
For example, if the user already has a Bitcoin address, with his "private key" applying the algorithm our oneCkey (one Consolidated private key) will be able to generate Series of AX series and BX series addresses with his "private key", with this he will be able to manages all new addresses created with the same "private key".
NOTE: a private key will generate "new addresses" for different types of blockchain technologies (AX and BX Series).
AX Series - Released April 30, 2021
BX Series - Q42021
I hope, i have given an easy explanation.
Regards,
Vidal.