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