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Bitcoin => Electrum => Topic started by: bitcoinheiros on May 17, 2019, 04:54:13 PM



Title: Electrum Multisig Derivation Path for different accounts
Post by: bitcoinheiros on May 17, 2019, 04:54:13 PM
1) Which derivation path should be used in a Multisig setup with Trezor and electrum? (Legacy and Native Segwit Bech32)

2) Is it already 100% safe to use native segwit with this setup?

3) Is it possible and safe to use different accounts in the derivation path (legacy or native segwit)?
I found the derivation path format but am not 100% sure about the index for accounts.
Legacy: m / 45 / account (?)
Native Segwit: m / 48' / network' / role' / account-index' / key-index' (Is this "account index" the index for cosigners or accounts?)


Title: Re: Electrum Multisig Derivation Path for different accounts
Post by: DireWolfM14 on May 17, 2019, 05:26:28 PM
This very topic was just discussed here: https://bitcointalk.org/index.php?topic=5142355.0

If I'm not mistaken you have the account in the wrong location, and legacy code is 44, not 45:

Example:
m/44'/<coin>'/<account>'

Coin should be 0 for bitcoin, or 1 for bitcoin testnet.


Title: Re: Electrum Multisig Derivation Path for different accounts
Post by: bitcoinheiros on May 17, 2019, 05:54:14 PM
This very topic was just discussed here: https://bitcointalk.org/index.php?topic=5142355.0

If I'm not mistaken you have the account in the wrong location, and legacy code is 44, not 45:

Example:
m/44'/<coin>'/<account>'

Coin should be 0 for bitcoin, or 1 for bitcoin testnet.

Thank you, but this is for single signature wallets. I'm asking about Multisig wallets.