Entries tagged with this topic. Spans across types and sources — explore connections between people, events, and themes.
14 entries
Defines the general syntax, checksum, and key/script expression grammar for Output Script Descriptors, the language wallets use to describe and reproduce sets of output scripts.
Defines the m/86'/0'/0' derivation path for HD wallets recovering single-key Taproot (P2TR) outputs, reusing the BIP 44/49/84 account structure.
Defines PSBT Version 2, which lets inputs and outputs be added to a Partially Signed Bitcoin Transaction after creation, unlike the fixed transaction of PSBT v0 (BIP 174).
Defines the BIP 32 derivation path and extended-key version bytes (zpub/zprv) for HD wallets generating native SegWit P2WPKH addresses.
Defines PSBT, a binary key-value transaction format letting offline, hardware, and multi-party signers exchange unsigned and partially-signed transactions without direct UTXO access.
Defines the BIP32 derivation path (purpose 49') and address scheme for P2WPKH-nested-in-P2SH accounts, so BIP141 segregated witness wallets sharing a seed fail visibly instead of missing UTXOs.
Defines a BIP32-based path (purpose'/coin_type'/account'/change/index) letting one seed manage multiple coins and accounts, plus the account-discovery algorithm for recovering wallets.
Defined the standard for generating human-readable mnemonic seed phrases (typically 12 or 24 words) from random entropy. Combined with BIP 32, became the universal Bitcoin wallet backup method.
Introduced hierarchical deterministic (HD) wallets — an entire tree of key pairs derived from a single master seed. Eliminated frequent-backup needs and enabled organized parent-child key derivation.
In 2010, Marek Palatinus proposed Bitcoin's first mining pool. He went on to co-design the Stratum protocol, co-found Trezor, and co-author BIP-39, the seed-phrase standard nearly every wallet uses.
Bitcoin v0.3.12 was released on SourceForge with standard JSON-RPC error objects, a new backupwallet RPC command, and various network stability enhancements.
Satoshi corrects a SourceForge username mix-up, approves Malmi's FAQ draft, rewords the 'distribute under several keys' guidance, and reframes wallet-password as a security pitch against banks.
Satoshi reveals the wallet location (%appdata%\Bitcoin), explains it uses a transactional database (DBM) safe from crash/power loss, and confirms socket cleanup code is added for the next release.
How Bitcoin Core manages keys, constructs transactions, selects coins, estimates fees, and exposes functionality through RPC, REST, and ZMQ interfaces.