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From: Tamas Blummer <tamas@bitsofproof•com>
To: Luke-Jr <luke@dashjr•org>
Cc: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] New BIP32 structure
Date: Wed, 23 Apr 2014 22:17:12 +0200	[thread overview]
Message-ID: <34401F0D-FDB9-4C95-AC57-660DC3E5331B@bitsofproof.com> (raw)
In-Reply-To: <201404232009.08791.luke@dashjr.org>

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On 23.04.2014, at 22:09, Luke-Jr <luke@dashjr•org> wrote:

> On Wednesday, April 23, 2014 8:04:03 PM Pavol Rusnak wrote:
>> On 04/23/2014 10:01 PM, Luke-Jr wrote:
>>> Yes, it should scan all possible (under the BIP-defined structure)
>>> branches regardless of which features it supports.
>> 
>> So you suggest to scan for accounts, show balances but don't allow user
>> to spend them? Does not seem right to me.
> 
> 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).
> 
> On Wednesday, April 23, 2014 8:04:35 PM you wrote:
>> On 23.04.2014, at 22:02, Luke-Jr <luke@dashjr•org> wrote:
>>> On Wednesday, April 23, 2014 8:01:16 PM Tamas Blummer wrote:
>>>> The wallet has to know how it got the UTXO in order to be able to spend
>>>> it.
>>> 
>>> No it doesn't... Just the assigned scriptPubKey and secret(s) required to
>>> satisfy it.
>> 
>> To know the secret it needs to know which key coordinate to use that is
>> logically the same as knowing the address it used to receive it.
> 
> Sure, it *knows* what address was used to receive it. But at the point it's a 
> UTXO, that address is no longer relevant.
> 

In context of BIP32 one does not store secrets but re-create them on-the-fly if needed using key coordinates known to the UTXO.
Individual secrets per UTXO are about as irrelevant and accessible as addresses.


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  parent reply	other threads:[~2014-04-23 20:16 UTC|newest]

Thread overview: 100+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-03-26 20:49 Mike Hearn
2014-03-26 23:37 ` Andreas Schildbach
2014-03-27  1:01   ` Alan Reiner
2014-03-27  6:15     ` Mike Belshe
2014-03-27 10:57   ` Thomas Voegtlin
2014-03-27 11:39     ` Mike Hearn
2014-03-27 13:30       ` Thomas Voegtlin
2014-03-27 13:38         ` Mike Hearn
2014-03-27  1:13 ` Allen Piscitello
2014-03-27  5:34 ` Troy Benjegerdes
2014-03-27  7:09 ` Tamas Blummer
2014-03-27  9:42   ` Mike Hearn
2014-03-27 11:35   ` Pavol Rusnak
2014-03-27 15:43   ` Jeff Garzik
2014-03-27 15:57     ` Allen Piscitello
2014-03-27 16:06       ` Pavol Rusnak
2014-03-27 16:13         ` Allen Piscitello
2014-03-27 16:07       ` Tamas Blummer
2014-03-27 16:14       ` Pieter Wuille
2014-03-27 16:21         ` Pavol Rusnak
2014-03-27 16:28           ` Pieter Wuille
2014-03-27 17:49             ` Allen Piscitello
2014-03-28 14:59             ` slush
2014-04-08 12:43               ` slush
2014-04-08 13:18                 ` Pieter Wuille
2014-04-08 13:40                   ` slush
2014-04-08 13:43                     ` slush
2014-04-08 13:53                       ` Pieter Wuille
2014-04-08 13:59                         ` Thomas Voegtlin
2014-04-08 14:00                         ` Tamas Blummer
2014-04-08 14:35                         ` Pavol Rusnak
2014-04-08 15:41                         ` slush
2014-04-23 17:42                           ` Pieter Wuille
2014-04-23 18:01                             ` slush
2014-04-23 18:18                               ` slush
2014-04-23 18:39                                 ` Tier Nolan
2014-04-23 18:46                                   ` Pavol Rusnak
2014-04-23 19:00                                     ` Tier Nolan
2014-04-23 19:06                                       ` slush
2014-04-23 19:36                                         ` Tamas Blummer
2014-04-23 19:46                                           ` slush
2014-04-23 19:07                                       ` Tamas Blummer
2014-04-23 19:29                                       ` Pavol Rusnak
2014-04-23 19:44                                         ` Luke-Jr
2014-04-23 19:49                                           ` Pavol Rusnak
2014-04-23 19:55                                             ` Luke-Jr
2014-04-23 19:57                                               ` slush
2014-04-23 20:01                                                 ` Luke-Jr
2014-04-23 20:04                                                   ` Pavol Rusnak
2014-04-23 20:09                                                     ` Luke-Jr
2014-04-23 20:16                                                       ` Pavol Rusnak
2014-04-23 20:32                                                         ` Luke-Jr
2014-04-23 20:35                                                           ` Pavol Rusnak
2014-04-23 20:41                                                             ` Luke-Jr
2014-04-23 20:43                                                               ` Pavol Rusnak
2014-04-23 20:54                                                                 ` Pieter Wuille
2014-04-23 21:06                                                                   ` Pavol Rusnak
2014-04-23 21:18                                                                     ` Luke-Jr
2014-04-23 21:22                                                                       ` Gregory Maxwell
2014-04-23 21:33                                                                         ` Pavol Rusnak
2014-04-23 21:42                                                                           ` Pieter Wuille
2014-04-23 21:44                                                                             ` Pavol Rusnak
2014-04-23 21:48                                                                             ` Gregory Maxwell
2014-04-23 21:53                                                                           ` Luke-Jr
2014-04-23 21:24                                                                       ` Pavol Rusnak
2014-04-23 21:07                                                                   ` slush
2014-04-23 20:59                                                                 ` Luke-Jr
2014-04-23 20:17                                                       ` Tamas Blummer [this message]
2014-04-23 20:12                                                     ` Pieter Wuille
2014-04-23 20:08                                                   ` Pieter Wuille
2014-04-23 20:01                                               ` Tamas Blummer
2014-04-23 20:02                                                 ` Luke-Jr
2014-04-23 20:04                                                   ` Tamas Blummer
2014-04-24  6:54                                           ` Thomas Voegtlin
2014-04-24  7:10                                             ` Pieter Wuille
2014-04-24  7:21                                               ` Gregory Maxwell
2014-04-24  8:15                                                 ` Thomas Voegtlin
2014-04-24  7:42                                               ` Thomas Voegtlin
2014-04-24  8:09                                               ` Mike Hearn
2014-04-23 18:48                                   ` Tamas Blummer
2014-04-08 14:49                 ` Andreas Schildbach
2014-04-08 15:46                   ` slush
2014-04-08 15:58                     ` Andreas Schildbach
2014-04-08 16:24                       ` slush
2014-03-27 11:20 ` Thomas Voegtlin
     [not found]   ` <CAJna-HhmFya+3W67qQt0wMhW=B4vJvwdkr-5WnU+KEaKq7uaUA@mail.gmail.com>
2014-03-27 12:06     ` Thomas Voegtlin
2014-03-27 12:28       ` Mike Hearn
2014-03-27 12:49         ` Mike Hearn
2014-03-27 13:12           ` Thomas Kerin
2014-03-27 13:19             ` Mike Hearn
2014-03-27 13:49           ` Thomas Voegtlin
2014-03-27 13:58             ` Jim
2014-03-27 14:20               ` Mike Hearn
2014-03-27 15:17             ` Troy Benjegerdes
2014-03-27 13:07         ` Matias Alejo Garcia
2014-03-27 13:44       ` Pavol Rusnak
2014-03-27 13:53         ` Thomas Voegtlin
2014-03-27 14:03           ` Pavol Rusnak
     [not found]       ` <CAJna-HitjJbL9TnfxTY=+TvfaeNvZM6aPWmNYmHUCwmw6V8PUg@mail.gmail.com>
2014-03-27 15:04         ` Thomas Voegtlin
2014-03-27 11:36 ` Pavol Rusnak

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