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On 06/19/2013 08:19 AM, Melvin Carvalho wrote:<br>
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<div class="gmail_quote">Generally in favour of hierarchical
deterministic wallets.<br>
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<div>Will this new style of address make it into the block
chain? I'd be less keen on that.<br>
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<div>I'm finding BIP0032 quite hard to read right now, but
perhaps that's because I'm less familiar with the material
than some. However, there's little things like it never
actually defines a deterministic wallet in the Abstract.
But, I'll keep trying to understand and see if I can use
the test vectors.<br>
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<br>
This has nothing to do with the blockchain. This is simply an
alternate way to encode an address, in the event that you want to
prove that this address is linked to another address. The same
thing ends up in the blockchain, either way.<br>
<br>
Either:<br>
(1) I give you a Hash160 address which shows up in the blockchain<br>
or<br>
(2) I give you {PubKey, Mult}, then you compute PubKey*Mult then
hash it to get the same Hash160 I would've given you in (1)<br>
<br>
I can always give you version #1, and that's what everyone does
right now. Version #2 is essentially the same, but used if you want
to give the other party extra information (such as the root public
key, so that the next time you send a version#2 address they can see
they are from the same root public key).
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