BIP 0084: Difference between revisions

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   Comments-Summary: No comments yet.
   Comments-Summary: No comments yet.
   Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0084
   Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0084
   Status: Draft
   Status: Final
   Type: Informational
   Type: Standards Track
   Created: 2017-12-28
   Created: 2017-12-28
   License: CC0-1.0
   License: CC0-1.0

Latest revision as of 21:23, 22 April 2024

This page describes a BIP (Bitcoin Improvement Proposal).
Please see BIP 2 for more information about BIPs and creating them. Please do not just create a wiki page.

Please do not modify this page. This is a mirror of the BIP from the source Git repository here.

  BIP: 84
  Layer: Applications
  Title: Derivation scheme for P2WPKH based accounts
  Author: Pavol Rusnak <stick@satoshilabs.com>
  Comments-Summary: No comments yet.
  Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0084
  Status: Final
  Type: Standards Track
  Created: 2017-12-28
  License: CC0-1.0

Abstract

This BIP defines the derivation scheme for HD wallets using the P2WPKH (BIP 173) serialization format for segregated witness transactions.

Motivation

With the usage of P2WPKH transactions it is necessary to have a common derivation scheme. It allows the user to use different HD wallets with the same masterseed and/or a single account seamlessly.

Thus the user needs to create dedicated segregated witness accounts, which ensures that only wallets compatible with this BIP will detect the accounts and handle them appropriately.

Considerations

We use the same rationale as described in Considerations section of BIP 49.

Specifications

This BIP defines the two needed steps to derive multiple deterministic addresses based on a BIP 32 root account.

Public key derivation

To derive a public key from the root account, this BIP uses the same account-structure as defined in BIP 44 and BIP 49, but only uses a different purpose value to indicate the different transaction serialization method.

m / purpose' / coin_type' / account' / change / address_index

For the purpose-path level it uses 84'. The rest of the levels are used as defined in BIP44 or BIP49.


Address derivation

To derive the P2WPKH address from the above calculated public key, we use the encapsulation defined in BIP 141:


   witness:      <signature> <pubkey>
   scriptSig:    (empty)
   scriptPubKey: 0 <20-byte-key-hash>
                 (0x0014{20-byte-key-hash})


Extended Key Version

When serializing extended keys, this scheme uses alternate version bytes. Extended public keys use 0x04b24746 to produce a "zpub" prefix, and private keys use 0x04b2430c to produce a "zprv" prefix. Testnet uses 0x045f1cf6 "vpub" and 0x045f18bc "vprv."

Additional registered version bytes are listed in [[1]].


Backwards Compatibility

This BIP is not backwards compatible by design as described under [#considerations]. An incompatible wallet will not discover accounts at all and the user will notice that something is wrong.

Test vectors

  mnemonic = abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon about
  rootpriv = zprvAWgYBBk7JR8Gjrh4UJQ2uJdG1r3WNRRfURiABBE3RvMXYSrRJL62XuezvGdPvG6GFBZduosCc1YP5wixPox7zhZLfiUm8aunE96BBa4Kei5
  rootpub  = zpub6jftahH18ngZxLmXaKw3GSZzZsszmt9WqedkyZdezFtWRFBZqsQH5hyUmb4pCEeZGmVfQuP5bedXTB8is6fTv19U1GQRyQUKQGUTzyHACMF

  // Account 0, root = m/84'/0'/0'
  xpriv = zprvAdG4iTXWBoARxkkzNpNh8r6Qag3irQB8PzEMkAFeTRXxHpbF9z4QgEvBRmfvqWvGp42t42nvgGpNgYSJA9iefm1yYNZKEm7z6qUWCroSQnE
  xpub  = zpub6rFR7y4Q2AijBEqTUquhVz398htDFrtymD9xYYfG1m4wAcvPhXNfE3EfH1r1ADqtfSdVCToUG868RvUUkgDKf31mGDtKsAYz2oz2AGutZYs

  // Account 0, first receiving address = m/84'/0'/0'/0/0
  privkey = KyZpNDKnfs94vbrwhJneDi77V6jF64PWPF8x5cdJb8ifgg2DUc9d
  pubkey  = 0330d54fd0dd420a6e5f8d3624f5f3482cae350f79d5f0753bf5beef9c2d91af3c
  address = bc1qcr8te4kr609gcawutmrza0j4xv80jy8z306fyu

  // Account 0, second receiving address = m/84'/0'/0'/0/1
  privkey = Kxpf5b8p3qX56DKEe5NqWbNUP9MnqoRFzZwHRtsFqhzuvUJsYZCy
  pubkey  = 03e775fd51f0dfb8cd865d9ff1cca2a158cf651fe997fdc9fee9c1d3b5e995ea77
  address = bc1qnjg0jd8228aq7egyzacy8cys3knf9xvrerkf9g

  // Account 0, first change address = m/84'/0'/0'/1/0
  privkey = KxuoxufJL5csa1Wieb2kp29VNdn92Us8CoaUG3aGtPtcF3AzeXvF
  pubkey  = 03025324888e429ab8e3dbaf1f7802648b9cd01e9b418485c5fa4c1b9b5700e1a6
  address = bc1q8c6fshw2dlwun7ekn9qwf37cu2rn755upcp6el

Reference