BIP44 with ed25519 curve signature

Question

I want to use BIP44 HD wallet with Ed25519 curve. Does BIP 44 support the Ed25519 curve, Because I have read that BIP32 does not compatible with Ed25519 based cryptography.

Answer 1

BIP-0044 depends on BIP-0043, which depends on BIP-0032, which only supports secp256k cryptography in its original form. Since then SLIP-0010 defined a way to extend BIP32 with NIST-P256 and Ed25519 cryptography, so I suggest to delve yourself into SLIP-0010. Unfortunately Ed25519 does not support normal (public) derivation, only hardened derivation. So you cannot have read-only wallets or audited accounts for Ed25519-based crypto.