What is the primary advantage of using a Hierarchical Deterministic (HD) wallet that conforms to the BIP-32 standard?
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A
It requires a separate private key backup for every new address generated.
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B
It stores all private keys on a centralized server for easy access.
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C
It allows for the generation of a tree-like structure of key pairs from a single master seed, enhancing privacy and simplifying backup.
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D
It eliminates the need for private keys, relying solely on biometric authentication.