Another new feature is the key generation which aims to streamline the process of creating new seed phrases and private keys.

“Key generation is a more basic feature that allows wallet devs to use BDK to simply generate random BIP32 extended private keys and BIP39 mnemonic seed words which you’d need to do if you’re not using a hardware wallet in your wallet application,” Myers noted.

The update also introduced or improved such features as wallet descriptors templates and macros, generic key types, and others.