Non-deterministic wallet

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Trezor WikiGlossaryCryptocurrenciesCommon TermsNon-deterministic wallet

A non-deterministic wallet is a type of cryptocurrency wallet which generates its private keys randomly and independently one of another. Unlike a hierarchical deterministic wallet, a non-deterministic wallet requires a user to make backups periodically.

The number of users of non-deterministic wallets is currently declining, as people opt for more modern hierarchical deterministic wallets like Mycelium or Trezor.

See also: Type of cryptocurrency wallets