From: slush <slush@centrum•cz>
To: Pieter Wuille <pieter.wuille@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] New BIP32 structure
Date: Tue, 8 Apr 2014 15:40:05 +0200 [thread overview]
Message-ID: <CAJna-HiN_1KQmpDJFFX6mGvM63RC0xwXxvfuorpihnzYf4=fsQ@mail.gmail.com> (raw)
In-Reply-To: <CAPg+sBg8wDH9yTUoyhRbuzVtbD8hGxya8tOnV4pMToHy3gLrzw@mail.gmail.com>
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On Tue, Apr 8, 2014 at 3:18 PM, Pieter Wuille <pieter.wuille@gmail•com>wrote:
> I still don't understand the purpose of cointype. If you don't want to
> risk reusing the same keys across different currencies, just don't use
> the same seed or the same account? That is purely a client-side issue.
>
>
Of course it is purely client-side issue, but it matters.
There's actually no reason to generate, backup and store individual seeds
for various coins and purposes. User can handle all his identities and
altcoins with single seed, avoiding potential issues with using wrong seed
for other purposes.
Actually with accounts and cointypes in the path, you can have all your
crypto funds stored on single seed, which I see as very comfortable
solution.
But to gain advantages of such solution and avoid reusing the same path
across blockchains, we need to separate the space, which is achieved by
cointype.
> If the consensus is to add the cointype anyway, can we fix it to be
> equal to the 4-byte magic in the serialization (after setting the high
> bit to true)? That way there aren't two 4-byte magic codes that need
> to be defined for each, and at the same time make it obvious from the
> serialized form what it is for.
>
>
Serialization magic of bip32 seed is in my opinion completely unnecessary.
Most of software does not care about it anyway; You can use xprv/xpub pair
for main net, testnet, litecoin, dogecoin, whatevercoin.
Instead using the same seed (xprv) and then separate the chains *inside*
the bip32 path seems more useful to me.
Marek
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next prev parent reply other threads:[~2014-04-08 13:40 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 [this message]
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
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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