diff --git a/lib/hd/common.js b/lib/hd/common.js
index 0f1cee3d..659a6f34 100644
--- a/lib/hd/common.js
+++ b/lib/hd/common.js
@@ -119,7 +119,7 @@ common.isMaster = function isMaster(key) {
  * @returns {Boolean}
  */
 
-common.isBIP44 = function isBIP44(key, account) {
+common.isAccount = function isAccount(key, account) {
   if (account != null) {
     const index = (common.HARDENED | account) >>> 0;
     if (key.childIndex !== index)
@@ -127,14 +127,3 @@ common.isBIP44 = function isBIP44(key, account) {
   }
   return key.depth === 3 && (key.childIndex & common.HARDENED) !== 0;
 };
-
-/**
- * Test whether the key is a BIP45 purpose key.
- * @param {HDPrivateKey|HDPublicKey} key
- * @returns {Boolean}
- */
-
-common.isBIP45 = function isBIP45(key) {
-  const index = (common.HARDENED | 45) >>> 0;
-  return key.depth === 1 && key.childIndex === index;
-};
diff --git a/lib/hd/private.js b/lib/hd/private.js
index 0867e56d..3fce4a74 100644
--- a/lib/hd/private.js
+++ b/lib/hd/private.js
@@ -257,31 +257,22 @@ HDPrivateKey.prototype.getID = function getID(index) {
 
 /**
  * Derive a BIP44 account key.
+ * @param {Number} purpose
  * @param {Number} account
- * @param {Boolean?} bip48
  * @returns {HDPrivateKey}
  * @throws Error if key is not a master key.
  */
 
-HDPrivateKey.prototype.deriveBIP44 = function deriveBIP44(account, bip48) {
+HDPrivateKey.prototype.deriveAccount = function deriveAccount(purpose, account) {
+  assert(util.isU32(purpose), 'Purpose must be a number.');
   assert(util.isU32(account), 'Account index must be a number.');
   assert(this.isMaster(), 'Cannot derive account index.');
   return this
-    .derive(bip48 ? 48 : 44, true)
+    .derive(purpose, true)
     .derive(this.network.keyPrefix.coinType, true)
     .derive(account, true);
 };
 
-/**
- * Derive a BIP45 purpose key.
- * @returns {HDPrivateKey}
- */
-
-HDPrivateKey.prototype.deriveBIP45 = function deriveBIP45() {
-  assert(this.isMaster(), 'Cannot derive purpose 45.');
-  return this.derive(45, true);
-};
-
 /**
  * Test whether the key is a master key.
  * @returns {Boolean}
@@ -297,17 +288,8 @@ HDPrivateKey.prototype.isMaster = function isMaster() {
  * @returns {Boolean}
  */
 
-HDPrivateKey.prototype.isBIP44 = function isBIP44(account) {
-  return common.isBIP44(this, account);
-};
-
-/**
- * Test whether the key is a BIP45 purpose key.
- * @returns {Boolean}
- */
-
-HDPrivateKey.prototype.isBIP45 = function isBIP45() {
-  return common.isBIP45(this);
+HDPrivateKey.prototype.isAccount = function isAccount(account) {
+  return common.isAccount(this, account);
 };
 
 /**
diff --git a/lib/hd/public.js b/lib/hd/public.js
index 0cc59c2a..b8f1fc84 100644
--- a/lib/hd/public.js
+++ b/lib/hd/public.js
@@ -217,26 +217,16 @@ HDPublicKey.prototype.getID = function getID(index) {
 /**
  * Derive a BIP44 account key (does not derive, only ensures account key).
  * @method
+ * @param {Number} purpose
  * @param {Number} account
- * @param {Boolean?} bip48
  * @returns {HDPublicKey}
  * @throws Error if key is not already an account key.
  */
 
-HDPublicKey.prototype.deriveBIP44 = function deriveBIP44(account, bip48) {
-  assert(this.isBIP44(account), 'Cannot derive account index.');
-  return this;
-};
-
-/**
- * Derive a BIP45 purpose key (does not derive, only ensures account key).
- * @method
- * @returns {HDPublicKey}
- * @throws Error if key is not already a purpose key.
- */
-
-HDPublicKey.prototype.deriveBIP45 = function deriveBIP45() {
-  assert(this.isBIP45(), 'Cannot derive purpose 45.');
+HDPublicKey.prototype.deriveAccount = function deriveAccount(purpose, account) {
+  assert(util.isU32(purpose));
+  assert(util.isU32(account));
+  assert(this.isAccount(account), 'Cannot derive account index.');
   return this;
 };
 
@@ -257,18 +247,8 @@ HDPublicKey.prototype.isMaster = function isMaster() {
  * @returns {Boolean}
  */
 
-HDPublicKey.prototype.isBIP44 = function isBIP44(account) {
-  return common.isBIP44(this, account);
-};
-
-/**
- * Test whether the key is a BIP45 purpose key.
- * @method
- * @returns {Boolean}
- */
-
-HDPublicKey.prototype.isBIP45 = function isBIP45() {
-  return common.isBIP45(this);
+HDPublicKey.prototype.isAccount = function isAccount(account) {
+  return common.isAccount(this, account);
 };
 
 /**
diff --git a/lib/wallet/account.js b/lib/wallet/account.js
index 5670b2e0..024d14f9 100644
--- a/lib/wallet/account.js
+++ b/lib/wallet/account.js
@@ -283,7 +283,7 @@ Account.prototype.pushKey = function pushKey(key) {
   if (!HD.isPublic(key))
     throw new Error('Must add HD keys to wallet.');
 
-  if (!key.isBIP44())
+  if (!key.isAccount())
     throw new Error('Must add HD account keys to BIP44 wallet.');
 
   if (this.type !== Account.types.MULTISIG)
@@ -323,7 +323,7 @@ Account.prototype.spliceKey = function spliceKey(key) {
   if (!HD.isPublic(key))
     throw new Error('Must add HD keys to wallet.');
 
-  if (!key.isBIP44())
+  if (!key.isAccount())
     throw new Error('Must add HD account keys to BIP44 wallet.');
 
   if (this.type !== Account.types.MULTISIG)
@@ -538,7 +538,7 @@ Account.prototype.deriveKey = function deriveKey(branch, index, master) {
 
   let key;
   if (master && master.key && !this.watchOnly) {
-    key = master.key.deriveBIP44(this.accountIndex);
+    key = master.key.deriveAccount(44, this.accountIndex);
     key = key.derive(branch).derive(index);
   } else {
     key = this.accountKey.derive(branch).derive(index);
diff --git a/lib/wallet/wallet.js b/lib/wallet/wallet.js
index 23f327b8..9f39edd3 100644
--- a/lib/wallet/wallet.js
+++ b/lib/wallet/wallet.js
@@ -694,7 +694,7 @@ Wallet.prototype._createAccount = async function _createAccount(options, passphr
       'Network mismatch for watch only key.');
   } else {
     assert(this.master.key);
-    key = this.master.key.deriveBIP44(this.accountDepth);
+    key = this.master.key.deriveAccount(44, this.accountDepth);
     key = key.toPublic();
   }
 
diff --git a/test/util/memwallet.js b/test/util/memwallet.js
index a8e98b24..a2364df5 100644
--- a/test/util/memwallet.js
+++ b/test/util/memwallet.js
@@ -88,7 +88,7 @@ MemWallet.prototype.init = function init() {
     this.master = HD.PrivateKey.generate();
 
   if (!this.key)
-    this.key = this.master.deriveBIP44(this.account);
+    this.key = this.master.deriveAccount(44, this.account);
 
   i = this.receiveDepth;
   while (i--)
@@ -132,7 +132,7 @@ MemWallet.prototype.derivePath = function derivePath(path) {
 };
 
 MemWallet.prototype.deriveKey = function deriveKey(branch, index) {
-  let key = this.master.deriveBIP44(this.account);
+  let key = this.master.deriveAccount(44, this.account);
   key = key.derive(branch).derive(index);
   const ring = new KeyRing({
     network: this.network,
diff --git a/test/wallet-test.js b/test/wallet-test.js
index 1f7caf5a..9a7daaee 100644
--- a/test/wallet-test.js
+++ b/test/wallet-test.js
@@ -293,7 +293,7 @@ describe('Wallet', function() {
     });
 
     const xpriv = HD.PrivateKey.generate();
-    const key = xpriv.deriveBIP44(0).toPublic();
+    const key = xpriv.deriveAccount(44, 0).toPublic();
 
     await wallet.addSharedKey(key);