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authorSalvatore Ingala <6681844+bigspider@users.noreply.github.com>2024-07-11 10:33:13 +0200
committerSalvatore Ingala <6681844+bigspider@users.noreply.github.com>2024-07-11 10:33:13 +0200
commit0adf7c36e1796653d2bdf778ff6f241455fbf85d (patch)
treef61b9b43fb6b2fccd0414e1f9e986d3f7aa77b9b /bip-0388.mediawiki
parent8c2f54d33beb3318f42032715bac5df7f0d61149 (diff)
Nit: it's not 'two' descriptors if one uses the multipath expressions per BIP-389
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== Abstract ==
-Wallet policies build on top of output script descriptors to represent the types of descriptors that are typically used to represent "accounts" in a software wallet, or a hardware signing device, in a compact, reviewable way. A wallet policy always represents exactly two descriptors, which produce the receive and change addresses that are logically part of the same account.
+Wallet policies build on top of output script descriptors to represent the types of descriptors that are typically used to represent "accounts" in a software wallet, or a hardware signing device, in a compact, reviewable way. A wallet policy always represents descriptors which produce all the receive and change addresses that are logically part of the same account.
We simplify the language to suit devices with limited memory, where even keeping the entire descriptor in memory could be a major hurdle, by reducing the generality of descriptors to just the essential features and by separating the extended pubkeys and other key information from the descriptor.