Bitcoin : What is the advantage of HD Wallets?
I have read man resources and questions about HD Wallets. As pointed out in this (https://bitcoin.stackexchange.com/questions/73376/a-few-questions-about-how-hd-wallet-works?newreg=de1ef86289a8401a88dc9d17836125e2), it won’t be possible to send funds of a derived child address using the master private key.
In my humble opinion exactly this would make sense if I could create a derived child to receive funds for a specific purpose but being able to spend these funds using my master private key without the need to store each child private key.
Do I miss something here? Why should I use HD wallets if I still need to store each single local private key as well?
Bitcoin
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