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Assign BIP 49: Derivation scheme for P2WPKH-nested-in-P2SH based accounts
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README.mediawiki

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@@ -216,6 +216,12 @@ 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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| Draft
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|-
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| [[bip-0049.mediawiki|49]]
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| Derivation scheme for P2WPKH-nested-in-P2SH based accounts
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| Daniel Weigl
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| Informational
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| Draft
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|- style="background-color: #cfffcf"
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| [[bip-0050.mediawiki|50]]
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| March 2013 Chain Fork Post-Mortem

bip-p2sh-accounts.mediawiki renamed to bip-0049.mediawiki

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<pre>
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BIP: <p2sh-accounts>
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BIP: 49
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Title: Derivation scheme for P2WPKH-nested-in-P2SH based accounts
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Author: Daniel Weigl <[email protected]>
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Status: Draft
@@ -30,7 +30,7 @@ Two generally different approaches are possible for current BIP44 capable wallet
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2) Create dedicated accounts only used for segregated witness addresses.
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The solutions from point 1 have a common disadvantage: if a user imports/recovers a BIP<ThisBipNumber>-compatible wallet masterseed into/in a non-BIP{ThisBipNumber}-compatible wallet, the account might show up but also it might miss some UTXOs.
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The solutions from point 1 have a common disadvantage: if a user imports/recovers a BIP49-compatible wallet masterseed into/in a non-BIP{ThisBipNumber}-compatible wallet, the account might show up but also it might miss some UTXOs.
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Therefore this BIP uses solution 2, which fails in a more visible way. Either the account shows up or not at all. The user does not have to check his balance after using the same seed in different wallets.
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masterseedWords = abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon about
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masterseed = <hex...>
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// Account 0, root = m/<ThisBipNumber>'/0'/0'
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// Account 0, root = m/49'/0'/0'
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account0Xpriv = <hex>
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// Account 0, first receiving private key = m/<ThisBipNumber>'/0'/0'/0/0
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// Account 0, first receiving private key = m/49'/0'/0'/0/0
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account0recvPrivateKey = <hex>
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account0recvPublickKey = <hex>
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@@ -101,4 +101,4 @@ This BIP is not backwards compatible by design as described under [#consideratio
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== Copyright ==
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This document is placed in the public domain.
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This document is placed in the public domain.

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