BIPs bitcoin improvement proposals

129 - Bitcoin Secure Multisig Setup (BSMS)

BIP: 129 source Layer: Applications Title: Bitcoin Secure Multisig Setup (BSMS) Author: Hugo Nguyen Peter Gray Marko Bencun Aaron Chen Rodolfo Novak Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0129 Status: Proposed Type: Standards Track Created: 2020-11-10 License: BSD-2-Clause Table of ContentsIntroductionAbstractCopyrightMotivationSpecificationPrerequisitesFile ExtensionsRolesCoordinatorSignerSetup 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...