48 - Multi-Script Hierarchy for Multi-Sig Wallets
BIP: 48 source Layer: Applications Title: Multi-Script Hierarchy for Multi-Sig Wallets Author: Fontaine Comments-Summary: No comments Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0048 Status: Proposed Type: Standards Track Created: 2020-12-16 License: MIT Table of ContentsAbstractCopyrightMotivationBackwards compatibilitySpecificationKey sortingPath levelsPurposeCoin typeAccountScriptChangeIndexExamplesReference Abstract This BIP defines a logical hierarchy for deterministic multi-sig wallets based on an algorithm described in BIP-0067 (BIP67 from now on), BIP-0032 (BIP32 from now on), purpose scheme described in BIP-0043 (BIP43 from now on), and multi-account hierarchy described in BIP-0044 (BIP44 from now on). This BIP is a particular application of BIP43. Copyright This BIP falls under the MIT License. Motivation The motivation of this BIP is to define the existing industry wide practice of utilizing m/48' derivation paths in hierarchical det...