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authorFonta1n3 <fontainedenton@googlemail.com>2020-12-16 23:12:19 +0800
committerFonta1n3 <fontainedenton@googlemail.com>2020-12-16 23:12:19 +0800
commit38096cedd9863b9fe9f363f0e2127e73609b79b0 (patch)
tree34652bd0879aaa8225e10a052a7294fa7e78edd9 /bip-0048.mediawiki
parent3664283eb42c881237469a406c6ecd69fe1145ae (diff)
downloadbips-38096cedd9863b9fe9f363f0e2127e73609b79b0.tar.xz
remove bip44 stuff
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@@ -111,35 +111,6 @@ This number is used as child index in BIP32 derivation.
Public derivation is used at this level.
-==Account discovery==
-
-When the master seed is imported from an external source the software should
-start to discover the accounts in the following manner:
-
-* derive the first accounts node (index = 0)
-* derive the external chain node of this account
-* scan addresses of the external chain; respect the gap limit described below
-* if no transactions are found on the external chain, stop discovery
-* if there are some transactions, increase the account index and go to step 1
-
-This algorithm is successful because software should disallow creation of new
-accounts if previous one has no transaction history, as described in chapter
-"Account" above.
-
-Please note that the algorithm works with the transaction history, not account
-balances, so you can have an account with 0 total coins and the algorithm will
-still continue with discovery.
-
-===Address gap limit===
-
-Address gap limit is currently set to 20. If the software hits 20 unused
-addresses in a row, it expects there are no used addresses beyond this point
-and stops searching the address chain. We scan just the external chains, because
-internal chains receive only coins that come from the associated external chains.
-
-Wallet software should warn when the user is trying to exceed the gap limit on
-an external chain by generating a new address.
-
==Examples==
{|