diff --git a/docs/recovery.md b/docs/recovery.md new file mode 100644 index 00000000..9128b044 --- /dev/null +++ b/docs/recovery.md @@ -0,0 +1,14 @@ +# SeedSigner Recovery Information + +SeedSigner creates extended public keys for the coordinator following [slip-0132](https://github.com/satoshilabs/slips/blob/master/slip-0132.md) to encode the extended public key. SeedSigner only supports native segwit for single sig (P2WPKH) and native segwit multisig (P2WSH). + +SeedSigners default settings for "Script Policy" (2021-08-21) is Multi Sig Native Segwit. The second option is Single Sig Native Segwit. + +- Single Sig Derivation Path: m/48'/0'/0'/2' +- Single Sig Public Key Encoding: 0x04b24746 - zpub +- Multisig Dervivation Path: m/84'/0'/0' +- Multisig Public Key Encoding: 0x02aa7ed3 - Zpub + +Changing the network settings from main to test will change the public key encoding and derivation path following bip-0084, bip-0048 and slip-0132 standards. + +Custom derivation paths will be optional in the future.