Skip to content

Commit

Permalink
Update Bitcoin
Browse files Browse the repository at this point in the history
  • Loading branch information
tuxpizza committed Oct 29, 2024
1 parent 688a7d1 commit 43a6aa2
Showing 1 changed file with 14 additions and 4 deletions.
18 changes: 14 additions & 4 deletions docs/cryptos/bitcoin.md
Original file line number Diff line number Diff line change
Expand Up @@ -3,19 +3,29 @@ title: "Bitcoin"
parent: Cryptos
---

# Bitcoin
# ![Bitcoin Logo](./bitcoin.svg){:width="4%"} Bitcoin

{: .friendly}
Official Website: [bitcoin.org](https://bitcoin.org/){:target="_blank"}

## Seed Types

BIP-39 seed type is generated by default, with an option to change to Electrum seed type in the `Advanced Settings` on the creation screen.

### Derivation Paths

Electrum: `m/0'`

BIP-39: `m/84'/0'/0`


## Addresses

We automatically generate new Bitcoin addresses after each use for better privacy. Previous addresses continue to work.

We use the same derivation scheme as Electrum: `m/0/x` for receive addresses, and `m/1/x` for change addresses.

There are multiple address types supported.

* Silent Payments
* Segwit (P2WPKH)
* Taproot (P2TR)
* Segwit (P2WSH)
Expand Down Expand Up @@ -78,7 +88,7 @@ The wallet will start scanning from the height of when you first opened it after

### Receiving

In order to receive a Silent Payment, you must give the sender your Silent Payments address, which can be found by switching the address type to Silent Payments following the instructions at the beginning of this page. When you want to receive the transaction in the wallet, you must enable Silent Payments scanning.
In order to receive a Silent Payment, you must give the sender your Silent Payments address, which can be found by switching the address type to Silent Payments following the instructions under the [addresses](http://localhost:4000/docs/cryptos/bitcoin/#addresses) section of this page. When you want to receive the transaction in the wallet, you must enable Silent Payments scanning.

### Sending

Expand Down

0 comments on commit 43a6aa2

Please sign in to comment.