From: "Jeremy Spilman" <jeremy@taplink•co>
To: "Bitcoin Dev" <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Optional "wallet-linkable" address format - Payment Protocol
Date: Wed, 19 Jun 2013 14:58:06 -0700 [thread overview]
Message-ID: <53E406CF0D93498DAECAAE061555B7C9@LAPTOPAIR> (raw)
In-Reply-To: <51C21035.9080407@gmail.com>
Hi Alan,
> “BIP 32 does not prescribe a way to use multiple chains like you described
> with the convenient type-2 derivation (though we could create a variant
> that does)”
What do you think is missing from BIP32 for this? A wallet creates a
child-node using the public / type-2 CDF, hands out the PubKey/ChainCode,
and then generally expects transactions to come in starting at /0 and
incrementing monotonically.
Also, I'm not sure I follow your point about the 128kB hardware wallet --
it's a signing device, so assuming it's even validating output amounts, at
worst it cares about the number of inputs to the outputs being spent, but in
many cases you're just handing it a sighash and the BIP32 "path"
(/1/54/27/0) to generate the right private key for signing. The hardware
wallet is not actually listening on the P2P network and detecting payments,
so it's unaffected by dedicating child-nodes to each contact.
Consider the benefits of gaining critical mass of support for a technique
which [I think] can be used in all cases, and increases security and privacy
for everyone. I think there are huge benefits to leaving the age of 'single
address generation' behind us...
Thanks,
--Jeremy
next prev parent reply other threads:[~2013-06-19 21:58 UTC|newest]
Thread overview: 25+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-06-19 19:29 Jeremy Spilman
2013-06-19 20:10 ` Alan Reiner
2013-06-19 21:58 ` Jeremy Spilman [this message]
2013-06-19 22:47 ` Alan Reiner
2013-06-20 3:54 ` Jeremy Spilman
2013-06-20 7:32 ` Mike Hearn
2013-06-26 15:29 ` Alan Reiner
2013-08-09 17:57 ` [Bitcoin-development] Optional "wallet-linkable" address format (Re-request) Alan Reiner
2013-08-09 19:58 ` Mike Hearn
2013-08-09 20:12 ` Alan Reiner
2013-08-09 20:35 ` Mike Hearn
2013-08-09 21:51 ` Gavin Andresen
-- strict thread matches above, loose matches on Subject: below --
2013-06-18 3:48 [Bitcoin-development] Optional "wallet-linkable" address format - Payment Protocol Alan Reiner
2013-06-19 12:19 ` Melvin Carvalho
2013-06-19 13:37 ` Alan Reiner
2013-06-19 13:54 ` Pieter Wuille
2013-06-19 14:25 ` Timo Hanke
2013-06-19 14:39 ` Alan Reiner
2013-06-19 15:28 ` Adam Back
2013-06-19 18:36 ` Adam Back
2013-06-19 19:00 ` Alan Reiner
2013-06-20 7:48 ` Timo Hanke
2013-06-20 9:10 ` Jeremy Spilman
2013-06-20 16:09 ` Alan Reiner
2013-06-19 20:03 ` Timo Hanke
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