On 23.04.2014, at 22:09, Luke-Jr <l...@dashjr.org> wrote: > On Wednesday, April 23, 2014 8:04:03 PM Pavol Rusnak wrote: >> On 04/23/2014 10:01 PM, Luke-Jr wrote: >>> Yes, it should scan all possible (under the BIP-defined structure) >>> branches regardless of which features it supports. >> >> So you suggest to scan for accounts, show balances but don't allow user >> to spend them? Does not seem right to me. > > Scan all branches for UTXOs, then you have the balance for the wallet. > Account > balances are metadata, so cannot be known from the seed alone. If you want to > have a way to restore accounts, you must define some more detailed wallet > file > format (which could be built on top of this). > > On Wednesday, April 23, 2014 8:04:35 PM you wrote: >> On 23.04.2014, at 22:02, Luke-Jr <l...@dashjr.org> wrote: >>> On Wednesday, April 23, 2014 8:01:16 PM Tamas Blummer wrote: >>>> The wallet has to know how it got the UTXO in order to be able to spend >>>> it. >>> >>> No it doesn't... Just the assigned scriptPubKey and secret(s) required to >>> satisfy it. >> >> To know the secret it needs to know which key coordinate to use that is >> logically the same as knowing the address it used to receive it. > > Sure, it *knows* what address was used to receive it. But at the point it's a > UTXO, that address is no longer relevant. >
In context of BIP32 one does not store secrets but re-create them on-the-fly if needed using key coordinates known to the UTXO. Individual secrets per UTXO are about as irrelevant and accessible as addresses.
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