<oembed><type>rich</type><version>1.0</version><author_name>William Swanson [ARCHIVE] (npub159…jtxgs)</author_name><author_url>https://nostr.ae/npub159u2fkxuq00hvmtypwllna99xh0vk9k9jkk5w89taev70au0gwwsmjtxgs</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2015-04-08&#xA;📝 Original message:It&#39;s not really clear why this is better than BIP 44 as it already&#xA;stands. You have the same fields, but they are just in a different&#xA;order. Couldn&#39;t you just use the existing BIP 44 hierarchy, but add&#xA;the convention that &#34;wallet/account N&#34; is the same wallet in each&#xA;supported currency?&#xA;&#xA;For example, if I have a wallet called &#34;business expenses&#34;, which&#xA;happens to be wallet m / 44&#39; / 0&#39; / 5&#39;, for Bitcoin, then the same&#xA;wallet would be m / 44&#39; / 3&#39; / 5&#39; for Dogecoin, and m / 44&#39; / 2&#39; / 5&#39;&#xA;for Litecoin.&#xA;&#xA;I am trying to think of examples where your proposal is better than&#xA;BIP 44, but I can&#39;t think of any. Even backup recovery works fine. I&#xA;assume that your idea is to continue iterating over the different&#xA;wallet indices as long as you are finding funds in *any* currency.&#xA;Well, you can still do that with BIP 44. The fields are in a different&#xA;order, but that doesn&#39;t affect the algorithm in any way.&#xA;&#xA;Maybe you have some deeper insight I&#39;m not seeing, but if so, you need&#xA;to clearly explain that in your motivation section. The current&#xA;explanation, &#34;This limits the possible implementations of&#xA;multi-currency, multisignature wallets,&#34; is pretty vauge. Also, there&#xA;is nothing in this spec that addresses the multisignature use-case.&#xA;The BIP 45 spec does a lot of extra work to make multisignature work&#xA;smoothly.&#xA;&#xA;I&#39;m not trying to criticize your proposal. I&#39;m just trying to&#xA;understand what it&#39;s trying to accomplish.&#xA;&#xA;-William Swanson&#xA;&#xA;&#xA;On Wed, Apr 8, 2015 at 12:05 AM, Kefkius &lt;kefkius at maza.club&gt; wrote:&#xA;&gt; I have a potential BIP, &#34;Multi-Currency Hierarchy For Use In&#xA;&gt; Multisignature Deterministic Wallets.&#34; I&#39;m requesting discussion on it,&#xA;&gt; and possibly assignment of a BIP number.&#xA;&gt;&#xA;&gt; It&#39;s located in this github gist:&#xA;&gt; https://gist.github.com/Kefkius/1aa02945e532f8739023&#xA;&gt;&#xA;&gt; ------------------------------------------------------------------------------&#xA;&gt; BPM Camp - Free Virtual Workshop May 6th at 10am PDT/1PM EDT&#xA;&gt; Develop your own process in accordance with the BPMN 2 standard&#xA;&gt; Learn Process modeling best practices with Bonita BPM through live exercises&#xA;&gt; http://www.bonitasoft.com/be-part-of-it/events/bpm-camp-virtual- event?utm_&#xA;&gt; source=Sourceforge_BPM_Camp_5_6_15&amp;utm_medium=email&amp;utm_campaign=VA_SF&#xA;&gt; _______________________________________________&#xA;&gt; Bitcoin-development mailing list&#xA;&gt; Bitcoin-development at lists.sourceforge.net&#xA;&gt; https://lists.sourceforge.net/lists/listinfo/bitcoin-development</html></oembed>