Parse and validate a path that is compliant to BIP-32 in form m/54'/784'/{account_index}'/{change_index}/{address_index}
for Secp256k1 and m/74'/784'/{account_index}'/{change_index}/{address_index} for Secp256r1.
Note that the purpose for Secp256k1 is registered as 54, to differentiate from Ed25519 with purpose 44.
Parse and validate a path that is compliant to BIP-32 in form m/54'/784'/{account_index}'/{change_index}/{address_index} for Secp256k1 and m/74'/784'/{account_index}'/{change_index}/{address_index} for Secp256r1.
Note that the purpose for Secp256k1 is registered as 54, to differentiate from Ed25519 with purpose 44.