Could someone explain BIP32 to me and what I need to do to use it with DHL?

I look at the bip32.org website and have literally no clue what I'm supposed to do.


Comments


[1 Points] polaroidandroid1:

well i am certain you need that only if you are a vendor
i Use DHL without BIP32 and have no problems really


[1 Points] evilpumpkin:

BIP32 allows you to generate private as well as public keys for a single account from only one initial seed opposed to the conventional system of generating separate private keys for every address you want to receive to.

Thereby BIP32 allows forgiving someone your master public key without any risk to your funds so that they can generate addresses the only you have the private keys for.

It's a great system with many useful applications, none of which probably matter to you as a buyer as /u/polaroidandroid1 already pointed out.