Public key recovery for EC leaves in P2MR (BIP-360)

Posted by sipa

Jun 8, 2026/23:53 UTC

The email emphasizes the necessity of replacing the BIP32 standard, suggesting that a new derivation standard is essential for adapting to modern security schemes such as SHRINCS. The sender acknowledges the continued use of BIP39 seeds but stresses the need for an updated system that supports these seeds while enhancing security measures. The broader issue highlighted pertains to the widespread reliance on processes that involve the sharing of public keys or extended public keys (xpubs) within the cryptocurrency ecosystem. This dependency is seen as a vulnerability that needs addressing beyond just updating BIP32. The discussion includes a reference to additional concerns listed in an edited section of the message, indicating a range of related security challenges that must be considered in the development of new cryptographic standards.

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