{"type":"rich","version":"1.0","author_name":"William Swanson [ARCHIVE] (npub159…jtxgs)","author_url":"https://nostr.ae/npub159u2fkxuq00hvmtypwllna99xh0vk9k9jkk5w89taev70au0gwwsmjtxgs","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-04-08\n📝 Original message:It's not really clear why this is better than BIP 44 as it already\nstands. You have the same fields, but they are just in a different\norder. Couldn't you just use the existing BIP 44 hierarchy, but add\nthe convention that \"wallet/account N\" is the same wallet in each\nsupported currency?\n\nFor example, if I have a wallet called \"business expenses\", which\nhappens to be wallet m / 44' / 0' / 5', for Bitcoin, then the same\nwallet would be m / 44' / 3' / 5' for Dogecoin, and m / 44' / 2' / 5'\nfor Litecoin.\n\nI am trying to think of examples where your proposal is better than\nBIP 44, but I can't think of any. Even backup recovery works fine. I\nassume that your idea is to continue iterating over the different\nwallet indices as long as you are finding funds in *any* currency.\nWell, you can still do that with BIP 44. The fields are in a different\norder, but that doesn't affect the algorithm in any way.\n\nMaybe you have some deeper insight I'm not seeing, but if so, you need\nto clearly explain that in your motivation section. The current\nexplanation, \"This limits the possible implementations of\nmulti-currency, multisignature wallets,\" is pretty vauge. Also, there\nis nothing in this spec that addresses the multisignature use-case.\nThe BIP 45 spec does a lot of extra work to make multisignature work\nsmoothly.\n\nI'm not trying to criticize your proposal. I'm just trying to\nunderstand what it's trying to accomplish.\n\n-William Swanson\n\n\nOn Wed, Apr 8, 2015 at 12:05 AM, Kefkius \u003ckefkius at maza.club\u003e wrote:\n\u003e I have a potential BIP, \"Multi-Currency Hierarchy For Use In\n\u003e Multisignature Deterministic Wallets.\" I'm requesting discussion on it,\n\u003e and possibly assignment of a BIP number.\n\u003e\n\u003e It's located in this github gist:\n\u003e https://gist.github.com/Kefkius/1aa02945e532f8739023\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e BPM Camp - Free Virtual Workshop May 6th at 10am PDT/1PM EDT\n\u003e Develop your own process in accordance with the BPMN 2 standard\n\u003e Learn Process modeling best practices with Bonita BPM through live exercises\n\u003e http://www.bonitasoft.com/be-part-of-it/events/bpm-camp-virtual- event?utm_\n\u003e source=Sourceforge_BPM_Camp_5_6_15\u0026utm_medium=email\u0026utm_campaign=VA_SF\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development"}