81 - Hierarchy for Colored Voting Pool Deterministic Multisig Wallets
BIP: 81 source Title: Hierarchy for Colored Voting Pool Deterministic Multisig Wallets Author: Justus Ranvier Jimmy Song Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0081 Status: Deferred Type: Informational Created: 2014-08-11 License: PD Table of ContentsAbstractMotivationPath levelsPurposeColor DefinitionIndexCompatible walletsCopyrightReference Abstract This BIP defines a logical hierarchy for colored coin voting pool deterministic multisig wallets based on an algorithm described in BIP-0032 (BIP32 from now on) and purpose scheme described in BIP-0043 (BIP43 from now on). This BIP is a particular application of BIP43 and is based on BIP44. Motivation The hierarchy proposed in this paper allows the handling of multiple color definitions from a single seed. Path levels We define the following 8 levels in BIP32 path: m / purpose' / series' / (5 color definition levels) / address_index Apostrophe in the ...
80 - Hierarchy for Non-Colored Voting Pool Deterministic Multisig Wallets
BIP: 80 source Title: Hierarchy for Non-Colored Voting Pool Deterministic Multisig Wallets Author: Justus Ranvier Jimmy Song Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0080 Status: Deferred Type: Informational Created: 2014-08-11 License: PD Table of ContentsAbstractMotivationPath levelsPurposeCoin typeSeriesIndexCompatible walletsCopyrightReference Abstract This BIP defines a logical hierarchy for non-colored voting pool deterministic multisig wallets based on an algorithm described in BIP-0032 (BIP32 from now on) and purpose scheme described in BIP-0043 (BIP43 from now on). This BIP is a particular application of BIP43 and is based on BIP44. Motivation The hierarchy proposed in this paper allows the handling of multiple coins and multiple series from a single seed. Path levels We define the following 4 levels in BIP32 path: m / purpose' / coin_type' / series' / address_index Apostrophe in the path in...
176 - Bits Denomination
BIP: 176 source Title: Bits Denomination Author: Jimmy Song Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0176 Status: Draft Type: Informational Created: 2017-12-12 License: BSD-2-Clause Table of ContentsAbstractMotivationSpecificationRationaleBackwards CompatibilityCopyrightCredit Abstract Bits is presented here as the standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin. Motivation The bitcoin price has grown over the years and once the price is past $10,000 USD or so, bitcoin amounts under $10 USD start having enough decimal places that it's difficult to tell whether the user is off by a factor of 10 or not. Switching the denomination to "bits" makes comprehension easier. For example, when BTC is $15,000 USD, $10.05 is a somewhat confusing 0.00067 BTC, versus 670 bits, which is a lot clearer. Additionally, reverse comparisons are easier as 59 bits being $1 is easier to compre...
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...