Luke-Jr [ARCHIVE] on Nostr: 📅 Original date posted:2014-04-23 📝 Original message:On Wednesday, April 23, ...
📅 Original date posted:2014-04-23
📝 Original message:On Wednesday, April 23, 2014 8:16:45 PM Pavol Rusnak wrote:
> On 04/23/2014 10:09 PM, Luke-Jr wrote:
> > Scan all branches for UTXOs, then you have the balance for the wallet.
> > Account balances are metadata, so cannot be known from the seed alone.
> > If you want to have a way to restore accounts, you must define some more
> > detailed wallet file format (which could be built on top of this).
>
> I think one of the following is happening:
>
> a) you have not read the document
> b) you don't understand what accounts are, because you have not read
> the document
> c) you don't understand how restoring accounts work, because you
> have not read the document
> d) you don't understand that accounts funds are not meant to be mixed
> together, because you have not read the document
> e) I got your emails wrong because I am not a native speaker,
> but please read the the document ;-)
You missed one:
f) I missed the part where BIP 32 redefined "account" to mean "subwallet"
instead of what has traditionally been called "account" in Bitcoin.
:)
In that case, single-subwallet wallet software probably needs to have the user
provide a subwallet number in addition to the seed.
Luke
Published at
2023-06-07 15:17:57Event JSON
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"created_at": 1686151077,
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"content": "📅 Original date posted:2014-04-23\n📝 Original message:On Wednesday, April 23, 2014 8:16:45 PM Pavol Rusnak wrote:\n\u003e On 04/23/2014 10:09 PM, Luke-Jr wrote:\n\u003e \u003e Scan all branches for UTXOs, then you have the balance for the wallet.\n\u003e \u003e Account balances are metadata, so cannot be known from the seed alone.\n\u003e \u003e If you want to have a way to restore accounts, you must define some more\n\u003e \u003e detailed wallet file format (which could be built on top of this).\n\u003e \n\u003e I think one of the following is happening:\n\u003e \n\u003e a) you have not read the document\n\u003e b) you don't understand what accounts are, because you have not read\n\u003e the document\n\u003e c) you don't understand how restoring accounts work, because you\n\u003e have not read the document\n\u003e d) you don't understand that accounts funds are not meant to be mixed\n\u003e together, because you have not read the document\n\u003e e) I got your emails wrong because I am not a native speaker,\n\u003e but please read the the document ;-)\n\nYou missed one:\nf) I missed the part where BIP 32 redefined \"account\" to mean \"subwallet\" \ninstead of what has traditionally been called \"account\" in Bitcoin.\n\n:)\n\nIn that case, single-subwallet wallet software probably needs to have the user \nprovide a subwallet number in addition to the seed.\n\nLuke",
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