mirror of
https://github.com/bitcoin/bips.git
synced 2025-03-17 21:32:50 +01:00
Add motivation for spendable tag
This commit is contained in:
parent
1684344515
commit
d20444a3ae
@ -26,8 +26,10 @@ These standards are well supported and allow users to move easily between differ
|
||||
There is, however, no defined standard to transfer any labels the user may have applied to the transactions, addresses, public keys, inputs, outputs or xpubs in their wallet.
|
||||
The UTXO model that Bitcoin uses makes these labels particularly valuable as they may indicate the source of funds, whether received externally or as a result of change from a prior transaction.
|
||||
In both cases, care must be taken when spending to avoid undesirable leaks of private information.
|
||||
|
||||
Labels provide valuable guidance in this regard, and have even become mandatory when spending in several Bitcoin wallets.
|
||||
Allowing users to import and export their labels in a standardized way ensures that they do not experience lock-in to a particular wallet application.
|
||||
In addition, many wallets allow unspent outputs to be frozen or made unspendable within the wallet. Since this wallet-related metadata is similar to labels and not captured elsewhere, it is also included in this format.
|
||||
|
||||
==Rationale==
|
||||
|
||||
|
Loading…
x
Reference in New Issue
Block a user