Deterministic wallets enable reliable backups but the mainline client doesn't use them. I was told that bitcoind and Bitcoin-QT are planning on switching to deterministic wallets by default, is this correct? Any idea of when?
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It seems very likely, however it also seems to be a fairly long-term goal with no ETA as of yet: https://github.com/bitcoin/bitcoin/issues/5761
Christopher Gurnee
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