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To: Eric Lombrozo <elombrozo@gmail.com>, bitcoin-dev@lists.linuxfoundation.org
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From: Pavol Rusnak <stick@satoshilabs.com>
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Subject: Re: [bitcoin-dev] Proposal to update BIP-32
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On 21/04/16 17:28, Eric Lombrozo via bitcoin-dev wrote:
> I don't think we've ever had to handle this case. 

This is the main problem: we are not sure, because not a lot of software
does this checks. Also even if you do check, it's hard to handle an
exception (you can't always skip - what if the problematic node is m/44'?).

One of the motivations is to fix BIP-32 so it can be used for
non-secp256k1 curves as well. For NIST P-256 curve this chance is 2^-32.

Jochen even managed to find an example[1]:

m/28578'/33941 where m is derived from
"000102030405060708090a0b0c0d0e0f" seed.

[1]
https://github.com/trezor/trezor-crypto/commit/16ff4387ae79429e629a5454708abf7385b3a9a3

-- 
Best Regards / S pozdravom,

Pavol "stick" Rusnak
SatoshiLabs.com