What is the difference between an HD wallet and a Descriptor Wallet, if any ?
⭐ Merited by ABCbits (2)
My suspicion is they are two different ways of expressing the same concept but I struggle to find confirmation to it.
I found this definition on the web from https://river.com/learn/terms/h/hd-wallet/
Which IMO is a comprehensive explanation.
I also found this definition of the Descriptor Wallet from : https://achow101.com/2020/10/0.21-wallets#:~:text=Descriptor%20Wallets%20store%20Output%20Script,private%20keys%20to%20generate%20addresses.
Which is a bit too advanced for my modest brain size
Can anylone pls post a simple description of the difference between those two concepts ?
Thanks
I found this definition on the web from https://river.com/learn/terms/h/hd-wallet/
Which IMO is a comprehensive explanation.
I also found this definition of the Descriptor Wallet from : https://achow101.com/2020/10/0.21-wallets#:~:text=Descriptor%20Wallets%20store%20Output%20Script,private%20keys%20to%20generate%20addresses.
Which is a bit too advanced for my modest brain size
Can anylone pls post a simple description of the difference between those two concepts ?
Thanks