get https://api.tatum.io/v3/egld/wallet
1 credit per API call.
The Elrond Address format is bech32, specified by the BIP 0173. The address always starts with an erd1. It is very convenient and secure, since it can generate 2^31 addresses from 1 mnemonic phrase.
Mnemonic phrase consists of 24 special words in defined order and can restore access to all generated addresses and private keys.
Each address is identified by 3 main values:
- Private Key - your secret value, which should never be revealed
- Public Key - public address to be published
- Derivation index - index of generated address
Tatum follows BIP44 specification and generates for EGLD wallet with derivation path m'/44'/508'/0'/0'. More about BIP44 HD wallets can be found here - https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki. Generate BIP44 compatible EGLD wallet.