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TON Core Guidelines for TON wallets regarding mnemonics, IDs, and smart contracts have been published We ask that wallets and SDKs follow these guidelines to ensure product compatibility. https://github.com/ton-blockchain/TEPs/blob/master/text/0003-wallets.md
Added guidelines for generating sub-wallets from a single mnemonic phrase:

https://github.com/ton-blockchain/TEPs/blob/master/text/0003-wallets.md#11-subwallets
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