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Update Modern Derivation Standard.mediawiki

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Robert Spigler 2021-03-12 17:32:50 -05:00 committed by GitHub
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Modern Derivation Standard.mediawiki
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@ -101,7 +101,7 @@ This number is used as child index in BIP32 derivation.
Hardened derivation is used at this level.
It is crucial that the index is increased for each new wallet joined or private/public keys created; for both privacy and cryptographic purposes.
It is crucial that this level is increased for each new wallet joined or private/public keys created; for both privacy and cryptographic purposes.
For example, in multisignature wallets, before sending a new key record to a coordinator, the wallet must increment the <code>account'</code> level. Before creating it's own single signature wallet, the <code>account'</code> level must again be incremented.
This prevents key reuse - across single signature and multisignature wallets, across ECDSA and Schnorr signatures, and inbetween the same wallet types.