Open bitcoin-eagle opened 3 months ago
Hi, giving an additional implicit meaning to derivation paths (what scripts to look for) is a brittle legacy way of backing up a Bitcoin wallet. Nowadays output script descriptors should be preferred. This is what Liana uses.
One of the goals of standard derivation paths is to prevent pubkey reuse across different wallets or different altcoins with the same signer. If I create segwit wallet and taproot wallet with the same signer I at least for privacy don't want them to use same pubkeys
I'm surprised that taproot uses the same derivation path and therefore same xpubs as segwit. I thought that it is a big no no to reuse pubkeys across different wallets.
Is that some kind of temporary hack? or is that by design?
If there is no spec yet, the obvious thing to do would be to just declare ../3' suffix as new standard for taproot multisig
I think Liana is the first consumer facing taproot multisig so you can pretty much do anything and define new standard
edit: from BIP48: https://github.com/bitcoin/bips/blob/master/bip-0048.mediawiki