Bitcoin

How do I store the derivation path as my paper wallet seed phrase?

Most wallets, especially those using the BIP39 seed phrase, only use (a subset of) the following standard derivation paths:

  • m/44'/0'/account'/change/address_index (P2PKH, BIP44)
  • m/49'/0'/account'/change/address_index (P2WPKH-P2SH, BIP49)
  • m/84'/0'/account'/change/address_index (P2WPKH, BIP84)
  • m/86'/0'/account'/change/address_index (P2TR, BIP86)

If your wallet takes one of these paths, you probably don’t need to record that path. Other paths used by wallets can be found at walletsrecovery.org.

Wallets using these standard paths always generate private keys in ascending order. address_index (every time account Generated if your wallet supports multiple accounts). Once the seed phrase is imported into a compatible wallet, addresses are generated and scanned in the same order until the unused addresses are long enough.

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