From: Dr Maxim Orlovsky <orlovsky@protonmail.com>
To: Adam Back <adam@cypherspace.org>
Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] BIP32/43-based standard for Schnorr signatures & decentralized identity
Date: Thu, 18 Feb 2021 18:52:12 +0000 [thread overview]
Message-ID: <FFB823E1-97FF-4BA9-948A-EF293D56C0FD@protonmail.com> (raw)
In-Reply-To: <CALqxMTG1MG+PvLfSLRqsa_yHBQOdu7BOqBjm4_ShSsB3CNSCOA@mail.gmail.com>
Hi Adam,
Commenting on your question:
> With segWit vs pre-SegWit didn't wallets just select and standardize
> on a different HD derivation path?
>
> Is there something else needed than a Schnorr derivation path?
The general accepted practice (defined in BIP43) is to define a dedicated purpose field for each kind of key derivation and address encoding. There is a dedicated purpose for pre-SegWit, SegWit, multisigs — and now a purpose for Schnorr sigs/Taproot outputs is needed. That is why I brought forward this proposal, which addresses exactly this need - and also will support at the same time multisigs and pre-Taproot outputs, making all previously used purpose fields redundant, simplifying future wallets.
Kind regards,
Maxim
prev parent reply other threads:[~2021-02-18 18:52 UTC|newest]
Thread overview: 10+ messages / expand[flat|nested] mbox.gz Atom feed top
2021-02-05 17:51 [bitcoin-dev] BIP32/43-based standard for Schnorr signatures & decentralized identity Dr Maxim Orlovsky
2021-02-05 22:00 ` Dmitry Petukhov
2021-02-11 7:27 ` Dr Maxim Orlovsky
2021-02-05 22:37 ` Christopher Allen
2021-02-11 7:28 ` Dr Maxim Orlovsky
2021-02-06 1:15 ` Pieter Wuille
2021-02-11 14:38 ` Dr Maxim Orlovsky
2021-02-11 20:31 ` Pieter Wuille
2021-02-18 18:58 ` Dr Maxim Orlovsky
[not found] ` <CALqxMTG1MG+PvLfSLRqsa_yHBQOdu7BOqBjm4_ShSsB3CNSCOA@mail.gmail.com>
2021-02-18 18:52 ` Dr Maxim Orlovsky [this message]
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