๐ฑDerive from Accounts
Last updated
Last updated
You can create as many accounts as you want, as shown in the previous section. However, keep in mind that you need to save the recovery phrase for each account, which may be challenging. An alternative option is to derive multiple accounts from a single parent account. Derived accounts inherit the recovery phrase of the parent account, but to distinguish them, they require different derivation paths, such as //0 for the first account, //1 for the next one, and so on. You can use any derivation path you like, but it's crucial to remember them, as you'll need them to recover your accounts. This way, by deriving multiple accounts from one parent account, you only need to save a single recovery phrase.