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The Urbit Hierarchical Deterministic (HD) Wallet is a type-1 HD wallet of BIP32 type-2 HD wallets that uses public-key cryptography to secure the ownership and control of Urbit address space.
The Urbit HD Wallet is not one key-pair, but a system of related key-pairs that each have distinct powers, from setting networking keys for communicating in the Urbit network to transferring ownership of your Urbit ship.
We use the Ethereum blockchain for the Urbit public-key infrastructure (PKI). If you are interested in reading about the motivation behind the decision to use Ethereum, see our post from 2017.9.
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