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Created April 6, 2015 20:09
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encompass multisig
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encompass-multisig.md

Encompass uses a key derivation path separate from usual BIP-0044 behavior. As a result, Encompass multisignature wallets are not compatible with Electrum multisignature wallets.

Encompass uses this key derivation path:

m/44'/0'/coin/change/address_index

Where coin is the BIP-0444 chain index of the currency, and change and address_index are analogous to the BIP-0044 fields of the same name. Encompass uses this path because it allows cosigners to only share their public keys once and to use any coin they want afterwards.

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