Why Nostr? What is Njump?
2023-06-07 15:17:51

Thomas Voegtlin [ARCHIVE] on Nostr: ๐Ÿ“… Original date posted:2014-04-08 ๐Ÿ“ Original message:+1 I would prefer that ...

๐Ÿ“… Original date posted:2014-04-08
๐Ÿ“ Original message:+1

I would prefer that solution...



Le 08/04/2014 15:53, Pieter Wuille a รฉcrit :
> I see the cause of our disagreement now.
>
> You actually want to share a single BIP32 tree across different
> currency types, but do it in a way that guarantees that they never use
> the same keys.
>
> I would have expected that different chains would use independent
> chains, and have serializations encode which chain they belong to.
>
> Let me offer an alternative suggestion, which is compatible with the
> original default BIP32 structure:
> * You can use one seed across different chains, but the master nodes
> are separate.
> * To derive the master node from the seed, the key string "Bitcoin
> seed" is replaced by something chain-specific.
> * Every encoded node (including master nodes) has a chain-specific
> serialization magic.
>
> This is in practice almost the same as your suggestion, except that
> the m/cointype' in m/cointype'/account'/change/n is replaced by
> different masters. The only disadvantage I see is that you do not have
> a way to encode the "super master" that is the parent of all
> chain-specific masters. You can - and with the same security
> properties - encode the seed, though.
>
Author Public Key
npub10f96gqrsu4qpygfgvuvzce47aavjvql703egfde0l2hua8dzpszs67ej47