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Diffstat (limited to 'bip-hugonguyen-bsms.mediawiki')
| -rw-r--r-- | bip-hugonguyen-bsms.mediawiki | 6 |
1 files changed, 2 insertions, 4 deletions
diff --git a/bip-hugonguyen-bsms.mediawiki b/bip-hugonguyen-bsms.mediawiki index 5d9ef85..d34a42f 100644 --- a/bip-hugonguyen-bsms.mediawiki +++ b/bip-hugonguyen-bsms.mediawiki @@ -187,13 +187,11 @@ Also refer to [https://github.com/BlockchainCommons/Research/blob/master/papers/ ==Compatibility== This specification is not backwards compatible with existing multisig implementations. -BSMS is opt-in, meaning existing multisig implementations can continue working as-is, with the caveat that they are full of pitfalls. Some of the problems have been described in the [[#Motivation]] section. +BSMS is opt-in, meaning existing multisig implementations can continue working as-is, with the caveat that they are likely to have various pitfalls. Some of the problems with existing solutions have been described in the [[#Motivation]] section. To comply with this standard, a Signer must be able to persist the descriptor record in its storage. -Once a Signer has implemented BSMS, the user can create new multisig wallets using BSMS or migrate existing ones to BSMS. - -Existing multisig wallets should delay upgrading to BSMS until all participating Signers have implemented BSMS. +To use BSMS for a multisig wallet, the user should wait until all participating Signers in the multisig have implemented BSMS. ==Security== |