This was assigned BIP number 86, so the purpose level path will be m/86'
Andrew
On 6/22/21 9:17 PM, Andrew Chow wrote:
> Hi All,
>
> I would like to propose a simple derivation path scheme for keys to be
> used in single key Taproot scripts. This is based on BIP 44 so it is
> basically identical
+1 from the author of BIP43, BIP44 and BIP84. The proposed BIP follows this
pattern nicely.
--
Best Regards / S pozdravom,
Pavol "stick" Rusnak
Co-founder and CTO, SatoshiLabs
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+1
While other derivation schemes have been proposed, the simple "purpose per
script type" based approach started with BIP44 is very widely used and has
done much to improve recoverability of wallets. The products and
understanding around this approach are now relatively mature, while backing
up a
Hi All,
I would like to propose a simple derivation path scheme for keys to be
used in single key Taproot scripts. This is based on BIP 44 so it is
basically identical to BIPs 49 and 84. Like with those BIPs, the actual
value to be used in the purpose level will be set to the BIP number,
once assi