I agree that 'version' field of bip32 is not necessary and xpriv/xpub
should be enough for all cases; there's actually no need to use different
BIP32 roots for different altcoins.

I'm happily using one xpub for Bitcoin/Testnet/Litecoin at once, and by
having the "cointype" distinction in the bip32 path itself, I'm sure that I
don't reuse the same pubkey across blockchains which may be a privacy issue
otherwise.

Marek


On Thu, Mar 27, 2014 at 5:28 PM, Pieter Wuille <pieter.wuille@gmail.com>wrote:

> On Thu, Mar 27, 2014 at 5:21 PM, Pavol Rusnak <stick@gk2.sk> wrote:
> > Cointype in path is for separation purposes, not for identification.
>
> I don't understand what that gains you.
>
> --
> Pieter
>
>
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