<p><a href="https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki" rel="nofollow noreferrer">BIP44</a> defines a standard path scheme:</p>
<pre><code>m / purpose' / coin_type' / account' / change / address_index
</code></pre>
<p>The BIP defines what coin type, account, change and address index mean. It further specifies that the purpose field is set to <code>44'</code> when generating addresses and for bitcoin the coin type is set to <code>0'</code>.</p>
<p>At the time when it was written, the only standard address type was P2PKH (addresses starting with <code>1</code>). Over the years, more standard derivation paths were added:</p>
<ul>
<li><a href="https://github.com/bitcoin/bips/blob/master/bip-0049.mediawiki" rel="nofollow noreferrer">BIP49</a>: P2WPKH-nested-in-P2SH (addresses starting with <code>3</code>). The purpose field for these is <code>49'</code>.</li>
<li><a href="https://github.com/bitcoin/bips/blob/master/bip-0084.mediawiki" rel="nofollow noreferrer">BIP84</a>: P2WPKH (addresses starting with <code>bc1q</code>). Purpose field is <code>84'</code>.</li>
<li><a href="https://github.com/bitcoin/bips/blob/master/bip-0086.mediawiki" rel="nofollow noreferrer">BIP86</a>: P2TR (addresses starting with <code>bc1p</code>). Purpose field is <code>86'</code>.</li>
</ul>
<p>You can check the website <a href="https://walletsrecovery.org/" rel="nofollow noreferrer">https://walletsrecovery.org/</a> that maintains a list of wallets and which derivation paths they support. As you can see, modern wallets mostly implement the mentioned standard paths (although apparently the website hasn't been updated for BIP86).</p>

CC BY-SA 4.0
2022-07-23T01:13:55.647Z
2022-07-23T01:13:55.647Z
Vojtěch Strnad
<p>can anyone tell me what the most used derivation paths are? Someone on reddit wrote that coinbase use this path: <code>m/44'/0'/0'/0/0</code>. Do other companies use the same path?</p>
<p>Also do big companies always start generating keys/addresses from account 0 and index 0 aka as on the picture from <a href="https://learnmeabitcoin.com" rel="nofollow noreferrer">learnmeabitcoin.com</a> the coin type (is default 0 for bitcoin?), account 0, receiving 0 and key generation from index 0?</p>
<p>My last question is what the &quot;Change&quot; structure is used for? As I understand &quot;Receiving&quot; is for receiving coins but I have no idea what the other one means.</p>
<p><a href="https://i.sstatic.net/beVOb.png" rel="nofollow noreferrer"><img src="https://i.sstatic.net/beVOb.png" alt="Structure" /></a></p>

<bip32-hd-wallets>
Most common derivation Paths, accounts and indexes
Julian
# Most common derivation Paths, accounts and indexes

(Asked by: username_0 on 2022-07-22)

can anyone tell me what the most used derivation paths are? Someone on reddit wrote that coinbase use this path: `m/44'/0'/0'/0/0`. Do other companies use the same path?

Also do big companies always start generating keys/addresses from account 0 and index 0 aka as on the picture from [learnmeabitcoin.com](https://learnmeabitcoin.com) the coin type (is default 0 for bitcoin?), account 0, receiving 0 and key generation from index 0?

My last question is what the "Change" structure is used for? As I understand "Receiving" is for receiving coins but I have no idea what the other one means.

[![Structure](https://i.sstatic.net/beVOb.png)](https://i.sstatic.net/beVOb.png)

**Tags:** bip32-hd-wallets


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## 1 answers

### Answer by username_1 on 2022-07-23. Score: 1

[BIP44](https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki) defines a standard path scheme:

```
m / purpose' / coin_type' / account' / change / address_index

```

The BIP defines what coin type, account, change and address index mean. It further specifies that the purpose field is set to `44'` when generating addresses and for bitcoin the coin type is set to `0'`.

At the time when it was written, the only standard address type was P2PKH (addresses starting with `1`). Over the years, more standard derivation paths were added:

* [BIP49](https://github.com/bitcoin/bips/blob/master/bip-0049.mediawiki): P2WPKH-nested-in-P2SH (addresses starting with `3`). The purpose field for these is `49'`.
* [BIP84](https://github.com/bitcoin/bips/blob/master/bip-0084.mediawiki): P2WPKH (addresses starting with `bc1q`). Purpose field is `84'`.
* [BIP86](https://github.com/bitcoin/bips/blob/master/bip-0086.mediawiki): P2TR (addresses starting with `bc1p`). Purpose field is `86'`.

You can check the website <https://walletsrecovery.org/> that maintains a list of wallets and which derivation paths they support. As you can see, modern wallets mostly implement the mentioned standard paths (although apparently the website hasn't been updated for BIP86).


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