Binance Extension Wallet V1.114.0 is released and verified on Firefox and Chrome.
This month, it is reported that Binance Extension Wallet has reached 80,000 downloads.
Advanced Account Management
Bitcoin Improvement Proposal (BIP) 39 defines a formula for
- the generation of a mnemonic sentence (also referred to as mnemonic words, seed phrase, recovery phrase, etc.)
- the generation of a seed from that mnemonic sentence. That seed is used to produce your private and public keys, but those details will be covered in the next post in this series.
BIP 32 is a specification for creating Hierarchical Deterministic wallets. They are wallets that, from a root it can generate multiple “child” private keys in a deterministic way. You only need to remember the “path” of the child key.
For example hardware wallets use them from a single root you can generate separate keys for Bitcoin (with path m/44’/0’/0’/0) and Ethereum (path m/44’/60’/0’/0).
Binance Chain extension wallet would use a similar way to generate keys as Ethereum, i.e. derive the private key using BIP32/BIP44 with HD prefix as “44’/60’/”, which is the same as Ethereum’s derivation path.
Whenever you click on “Add Account”, your seed is extended at the end by a counter value which makes it possible to automatically derive an unlimited number of new addresses in your extension wallet.
Fix the incompatibility with web3.js 1.2.8
If they fork these repositories:
You can directly integrate with Binance Extension wallet, see the guide here: https://docs.binance.org/smart-chain/wallet/wallet_api.html#basic-usage
Need Support? Have Issues? Join Our Telegram Group
The Binance Extension Wallet Group is a place for Binance Chain& Binance Smart Chain users and developers to get started, seek out helpful resources, tap the community for troubleshooting help and flag bugs — but it’s also a great way to upvote existing product ideas, pitch your own or provide product feedback.