📅 Original date posted:2016-05-13
📝 Original message:That's a valid concern, but I don't see the conflict here. In order to
recover funds from a wallet conforming to BIPXX, you must have wallet
software that handles BIPXX. Simply making BIPXX backwards compatible with
previously created BIP44 or BIP43 purpose 0 wallets doesn't change this at
all.
Aaron Voisine
co-founder and CEO
breadwallet <http://breadwallet.com>;
On Fri, May 13, 2016 at 10:57 AM, Pavol Rusnak <stick at satoshilabs.com>
wrote:
> On 13/05/16 18:59, Aaron Voisine wrote:
> > This scheme is independent of the number of accounts. It works with BIP44
> > as well as BIP43 purpose 0, or any other BIP43 purpose/layout. Instead of
> > overloading the account index to indicate the type of address, you use
> the
> > chain index, which is already being used to indicate what the specific
> > address chain is to be used for, i.e. receive vs change addresses.
>
> I see the advantage here. But there is a major problem here.
>
> We came up with BIP44 so a wallet can claim it is BIP44 compatible and
> you can be 100% sure that you can migrate accounts from one wallet
> implementation to another. This was not previously possible when a
> wallet claimed it is BIP32 compatible.
>
> Now we have a similar problem. When there is a BIP44 wallet, does it
> mean it supports segwit or not? For this reason I would like to see
> another BIPXX for segwit, so a wallet can claim it is BIP44, BIP44+BIPXX
> or BIPXX compatible and you'll know what other wallets are compatible
> with it.
>
> --
> Best Regards / S pozdravom,
>
> Pavol "stick" Rusnak
> SatoshiLabs.com
>
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Aaron Voisine [ARCHIVE] /
npub18g…knkzl
2023-06-07 17:50:41
in reply to nevent1q…hqq8
Author Public Key
npub18gjvug29c4yg46lmplq38e75gg6wn5mn8taytckcsr4jt8p74h3s5knkzlPublished at
2023-06-07 17:50:41Event JSON
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"content": "📅 Original date posted:2016-05-13\n📝 Original message:That's a valid concern, but I don't see the conflict here. In order to\nrecover funds from a wallet conforming to BIPXX, you must have wallet\nsoftware that handles BIPXX. Simply making BIPXX backwards compatible with\npreviously created BIP44 or BIP43 purpose 0 wallets doesn't change this at\nall.\n\n\nAaron Voisine\nco-founder and CEO\nbreadwallet \u003chttp://breadwallet.com\u003e\n\nOn Fri, May 13, 2016 at 10:57 AM, Pavol Rusnak \u003cstick at satoshilabs.com\u003e\nwrote:\n\n\u003e On 13/05/16 18:59, Aaron Voisine wrote:\n\u003e \u003e This scheme is independent of the number of accounts. It works with BIP44\n\u003e \u003e as well as BIP43 purpose 0, or any other BIP43 purpose/layout. Instead of\n\u003e \u003e overloading the account index to indicate the type of address, you use\n\u003e the\n\u003e \u003e chain index, which is already being used to indicate what the specific\n\u003e \u003e address chain is to be used for, i.e. receive vs change addresses.\n\u003e\n\u003e I see the advantage here. But there is a major problem here.\n\u003e\n\u003e We came up with BIP44 so a wallet can claim it is BIP44 compatible and\n\u003e you can be 100% sure that you can migrate accounts from one wallet\n\u003e implementation to another. This was not previously possible when a\n\u003e wallet claimed it is BIP32 compatible.\n\u003e\n\u003e Now we have a similar problem. When there is a BIP44 wallet, does it\n\u003e mean it supports segwit or not? For this reason I would like to see\n\u003e another BIPXX for segwit, so a wallet can claim it is BIP44, BIP44+BIPXX\n\u003e or BIPXX compatible and you'll know what other wallets are compatible\n\u003e with it.\n\u003e\n\u003e --\n\u003e Best Regards / S pozdravom,\n\u003e\n\u003e Pavol \"stick\" Rusnak\n\u003e SatoshiLabs.com\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20160513/1fbda030/attachment.html\u003e",
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