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authorRobert Spigler <RobertSpigler@ProtonMail.ch>2021-03-12 17:32:50 -0500
committerGitHub <noreply@github.com>2021-03-12 17:32:50 -0500
commitc747ee9880866935da9f74cd15946be480666be1 (patch)
tree42fb27cd994f773e221d2cd5180caa330cb76f0a
parentef3a16eeec646da955591371127c103da33aa80a (diff)
downloadbips-c747ee9880866935da9f74cd15946be480666be1.tar.xz
Update Modern Derivation Standard.mediawiki
minor edit
-rw-r--r--Modern Derivation Standard.mediawiki2
1 files changed, 1 insertions, 1 deletions
diff --git a/Modern Derivation Standard.mediawiki b/Modern Derivation Standard.mediawiki
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@@ -101,7 +101,7 @@ This number is used as child index in BIP32 derivation.
Hardened derivation is used at this level.
-It is crucial that the index is increased for each new wallet joined or private/public keys created; for both privacy and cryptographic purposes.
+It is crucial that this level is increased for each new wallet joined or private/public keys created; for both privacy and cryptographic purposes.
For example, in multisignature wallets, before sending a new key record to a coordinator, the wallet must increment the <code>account'</code> level. Before creating it's own single signature wallet, the <code>account'</code> level must again be incremented.
This prevents key reuse - across single signature and multisignature wallets, across ECDSA and Schnorr signatures, and inbetween the same wallet types.