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Merge pull request #1850 from murchandamus/Revert-bip48-update
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@ -272,13 +272,13 @@ Those proposing changes should consider that ultimately consent may rest with th
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| Justus Ranvier
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| Informational
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| Final
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|- style="background-color: #ffffcf"
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|- style="background-color: #cfffcf"
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| [[bip-0048.mediawiki|48]]
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| Applications
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| Multi-Script Hierarchy for Multi-Sig Wallets
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| Fontaine
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| Standard
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| Proposed
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| Final
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|- style="background-color: #cfffcf"
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| [[bip-0049.mediawiki|49]]
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| Applications
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@ -5,7 +5,7 @@
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Author: Fontaine <dentondevelopment@protonmail.com>
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Comments-Summary: No comments
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Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0048
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Status: Proposed
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Status: Final
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Type: Standards Track
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Created: 2020-12-16
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License: MIT
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@ -99,11 +99,11 @@ Hardened derivation is used at this level.
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===Script===
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This level splits the key space into three separate <code>script_type</code>(s). To provide
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This level splits the key space into two separate <code>script_type</code>(s). To provide
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forward compatibility for future script types this specification can be easily extended.
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Currently the only script types covered by this BIP are Native Segwit (p2wsh),
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Nested Segwit (p2sh-p2wsh), and Taproot (p2tr).
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Currently the only script types covered by this BIP are Native Segwit (p2wsh) and
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Nested Segwit (p2sh-p2wsh).
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The following path represents Nested Segwit (p2sh-p2wsh) mainnet, account 0:
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<code>1'</code>: Nested Segwit (p2sh-p2wsh) <code>m/48'/0'/0'/1'</code></br>
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@ -111,14 +111,8 @@ The following path represents Nested Segwit (p2sh-p2wsh) mainnet, account 0:
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The following path represents Native Segwit (p2wsh) mainnet, account 0:
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<code>2'</code>: Native Segwit (p2wsh) <code>m/48'/0'/0'/2'</code></br>
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The following path represents Taproot (p2tr) mainnet, account 0:
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<code>3'</code>: Taproot (p2tr) <code>m/48'/0'/0'/3'</code></br>
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The recommended default for wallets is pay to witness script hash <code>m/48'/0'/0'/2'</code>.
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To add new script types submit a PR to this specification and include it in the list above:
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<code>X'</code>: Future script type <code>m/48'/0'/0'/X'</code></br>
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===Change===
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Constant 0 is used for external chain and constant 1 for internal chain (also
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@ -195,13 +189,6 @@ Public derivation is used at this level.
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|second
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|m / 48' / 0' / 1' / 2' / 0 / 1
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|-
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|mainnet
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|first
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|p2tr
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|external
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|first
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|m / 48' / 0' / 0' / 3' / 0 / 0
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|-
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|testnet
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|first
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|p2sh-p2wsh
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@ -257,13 +244,6 @@ Public derivation is used at this level.
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|change
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|second
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|m / 48' / 1' / 1' / 2' / 1 / 1
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|-
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|testnet
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|first
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|p2tr
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|external
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|first
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|m / 48' / 1' / 0' / 3' / 0 / 0
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|}
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