BIPs bitcoin improvement proposals

49 - Derivation scheme for P2WPKH-nested-in-P2SH based accounts

BIP: 49 source Layer: Applications Title: Derivation scheme for P2WPKH-nested-in-P2SH based accounts Author: Daniel Weigl Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0049 Status: Final Type: Informational Created: 2016-05-19 License: PD Table of ContentsAbstractMotivationConsiderationsSpecificationsPublic key derivationAddress derivationExtended Key VersionBackwards CompatibilityTest vectorsReferenceCopyright Abstract This BIP defines the derivation scheme for HD wallets using the P2WPKH-nested-in-P2SH (BIP 141) serialization format for segregated witness transactions. Motivation With the usage of P2WPKH-nested-in-P2SH (BIP 141) transactions it is necessary to have a common derivation scheme. It allows the user to use different HD wallets with the same masterseed and/or a single account seamlessly. Thus the user needs to create dedicated segregated witness accounts, which ensures that only wallets compatible wit...

123 - BIP Classification

BIP: 123 source Title: BIP Classification Author: Eric Lombrozo Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0123 Status: Active Type: Process Created: 2015-08-26 License: CC0-1.0 GNU-All-Permissive Table of ContentsAbstractCopyrightMotivationSpecification1. Consensus LayerSoft ForksHard Forks2. Peer Services Layer3. API/RPC Layer4. Applications LayerClassification of existing BIPs Abstract This document describes a classification scheme for BIPs. BIPs are classified by system layers with lower numbered layers involving more intricate interoperability requirements. The specification defines the layers and sets forth specific criteria for deciding to which layer a particular standards BIP belongs. Copyright This BIP is dual-licensed under the Creative Commons CC0 1.0 Universal and GNU All-Permissive licenses. Motivation Bitcoin is a system involving a number of different standards. Some standards are abso...