BIPs bitcoin improvement proposals

129 - Bitcoin Secure Multisig Setup (BSMS)

BIP: 129 source Layer: Applications Title: Bitcoin Secure Multisig Setup (BSMS) Authors: Hugo Nguyen Peter Gray Marko Bencun Aaron Chen Rodolfo Novak Status: Complete Type: Specification Assigned: 2020-11-10 License: BSD-2-Clause Requires: 32, 174, 322, 380, 381, 382, 383 Table of ContentsIntroductionAbstractCopyrightMotivationSpecificationPrerequisitesFile ExtensionsNewlineRolesCoordinatorSignerSetup ProcessRound 1CoordinatorSignerRound 2CoordinatorSignerEncryptionThe TokenKey DerivationEncryption SchemeDescriptor TemplateQR CodesCompatibilitySecurityPrivacyTest VectorsMode: NO_ENCRYPTION with Public KeysROUND 1ROUND 2Mode: NO_ENCRYPTIONROUND 1ROUND 2Mode: STANDARD EncryptionROUND 1ROUND 2Mode: EXTENDED EncryptionROUND 1ROUND 2AcknowledgementReferences Introduction Abstract This document proposes a mechanism to set up multisig wallets securely. Copyright This BIP is licensed under the 2-clause BSD license. Motivation...